Abstract
This chapter focuses on the application of dynamic programming in conjunction with the discrete-step method for power system extension planning, taking account of the limitations imposed by the existing power plants. The aim of power-supply extension planning is to plan the extension of power generation in such a way that the total cost within the system during a certain time period is a minimum. To ensure adequate reliability of supply to power consumers extensive calculations of the standby power margin must be carried out. Power and energy failure probability factors are used to evaluate the reliability of the various extension variants. After all decision criteria have been applied to a zone, there remain a number of points which can be used as a basis for further processing by the planning algorithm. Frequent use of the model and sensitivity checks have shown where changes in existing programs are necessary and where new functions have to be introduced to perfect the mechanism.
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