Abstract
Liberalisation of electricity markets, changing patterns in the generation and use of electricity and new technologies are some of the factors that result in increased uncertainty about the future operating conditions of our power system. In this context, planning for future investments in power system requires careful selection and assessment of future operating conditions. This paper revisits the notion of power system adequacy and highlights the need for consideration of some factors that have hitherto tended not to be part of a transmission expansion planning process, in particular in respect of the credible range of possible values of system operating conditions and transitions between successive operating states. Firstly, we present some definitions of power system operational regions. Secondly, we present a stochastic optimisation model that measures the adequacy of a transmission network for given future operating conditions. Uncertainties in demand and generation are modelled using a large number of scenarios. The optimisation model identifies the critical future operating conditions needing the special attention of a power system planner. The proposed model is simulated on a 39-bus network, whereby it is shown that this model can identify critical operating conditions that need the attention of a system planner.
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