Allowance for capacity adequacy criterion in optimizing the prospective structure of electric power system

Abstract

This paper considers the optimization procedure of electric power system prospective structure with account made for two criteria: economic value (minimization of specific reduced energy costs for customers) and capacity adequacy (minimization of capacity shortage probability). The proposed procedure is based on genetic algorithm application. The results of procedure evaluation have been considered by the example of optimization of the structure of generating capacities within concentrated power system.