Abstract The long-term Generation Expansion Planning (GEP) problem determines the
optimal type of energy technologies, size, location, and time construction of new power …

In the past, power system planning was based on meeting the load duration curve at
minimum cost. The increasing share of variable generation (VG) makes operational …

The electric power industry is undergoing dramatic change driven by rapid technological
transformation, concern over climate change, and evolving market structures. As a result …

Energy system planning is a difficult task, since it involves long‐term decision‐makings with
multiple dimensions: technical, economic, social, ecological, and political. The rise of …

Ever since the beginning of the liberalization process of the energy sector and the arrival of
electricity markets, decision making has gone away from centralized planners and has …

This paper presents a market-based resource adequacy assessment framework to analyze
the system generation portfolio that results in a competitive market environment. In …

Transmission switching has proven to be a highly useful post-contingency recovery
technique by allowing power system operators increased levels of control through …

Renewable sources are increasing their presence in power systems to achieve the goal of
decarbonizing the generation of electricity. However, the variability of these resources …

The plan to shift towards renewable energy has recently become the central part of the
energy policy on the power system in South Korea. The sudden shift towards renewable …

This paper examines the importance of including operational scenarios representing short-
term stochasticity in the long-term capacity expansion models with high shares of variable …