A Game-Theoretic Model for Generation Expansion Planning: Problem Formulation and Numerical Comparisons

By A. Chuang, Felix F. Wu, Pravin Pratap Varaiya. IEEE Power Engineering Review, 2001

261 citations recorded by the source corpus.

Subfields: Electrical and Electronic Engineering, Safety, Risk, Reliability and Quality

View Paper: https://www.semanticscholar.org/paper/1cab8dcc8a943a1ea7e48fd406aef359c6041c4e

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Citations in the corpus

Strategic Generation Investment Using a Complementarity Approach (2011, methodology): “Reference [5] is a relevant paper that considers the generation expansion planning problem in an oligopolistic environment using a Cournot model and including no network constraint.”
Multi-Stage Flexible Expansion Co-Planning Under Uncertainties in a Combined Electricity and Gas Market (2015, background): “Game theory provides interesting concepts, methods and models that are particularly useful for analysing the strategic behaviour and interactions of agents or market participants in electricity markets [35].”
Market-Based Coordination of Transmission and Generation Capacity Planning (2007, background): “Reference [10] presented a generation planning process involving decisions on new plant con-”
Modeling and solving a large-scale generation expansion planning problem under uncertainty (2011, background): “A game-theoretic model to solve the generation expansion problem in a competitive environment is described in [19], motivated by the desire to analyze diﬀerences in the solutions relative to centralized expansion plan.”
Designing effective and efficient incentive policies for renewable energy in generation expansion planning (2011, background): “This evaluation is conducted in the context of generation expansion planning (GEP) [9, 10, 11, 12, 13, 14, 15], because the current installed renewable generation capacity is far less than sufficient to meet the renewable portfolio standards set by many states in America [16].”
Network-constrained Cournot models of liberalized electricity markets: the devil is in the details (2005, unknown): “However, a few multistage dynamic Cournot models have been formulated which represent capacity investments, although transmission constraints are disregarded (Chuang et al., 2001; Murphy and Smeers, 2002).”
Multistage Stochastic Investment Planning With Multiscale Representation of Uncertainties and Decisions (2018, methodology): “[9] formulate a generation-expansion problem as a single-level Cournot model.”
Generation Capacity Expansion in Imperfectly Competitive Restructured Electricity Markets (2005, background): “Dixit (1980) retains most elements of Spence’s model but allows the incumbent to add capacity in the second stage.”
Strategic Generation Capacity Expansion Planning With Incomplete Information (2009, methodology): “A game-theoretic model is proposed in [7] whose analysis is based on the complete information game model.”