Multistage expansion planning of generation and interconnections with sustainable energy development criteria: A multiobjective model

Abstract

A novel multiobjective, multiarea and multistage model to long-term expansion planning of integrated generation and transmission corridors incorporating sustainable energy developing is presented in this paper. The proposed MESEDES model is a "bottom-up" energy model which considers the electricity generationtransmission value-chain, i.e., power generation alternatives including renewables, nuclear and traditional thermal generation along with transmission corridors. The model decides the optimal location and timing of the electricity generationtransmission abroad the multistage planning horizon. The proposed model considers three objectives belonging to sustainable energy development criteria such as: (a) the minimization of investments and operation costs of power generation, transmission corridors, energy efficiency (demand side management (DSM) programs) considering CO2 capture technologies; (b) minimization of Life-Cycle Greenhouse Gas Emissions (GHG); and (c) maximization of the diversification of electricity generation mix. The proposed model consider aspects of the carbon abatement policy under the CDM - Clean Development Mechanism or European Union Greenhouse Gas Emission Trading Scheme. A case study is used to illustrate the proposed framework.