• Welfare-maximizing transmission capacity expansion under uncertainty 

      Wogrin, Sonja; Tejada Arango, Diego Alejandro; Downward, Anthony; Philpott, Andy (2021-07-26)
      We apply the JuDGE optimization package to a multistage stochastic leader–follower model that determines a transmission capacity expansion plan to maximize expected social welfare of consumers and producers who act as ...