Abstract: Fossil fuel-firing power plants dominate electric
power generation in Taiwan, which are also the major contributor to
Green House gases (GHG). CO2 is the most important greenhouse
gas that cause global warming. This paper penetrates the relationship
between carbon trading for GHG reduction and power generation
expansion planning (GEP) problem for the electrical utility. The
Particle Swarm Optimization (PSO) Algorithm is presented to deal
with the generation expansion planning strategy of the utility with
independent power providers (IPPs). The utility has to take both the
IPPs- participation and environment impact into account when a new
generation unit is considering expanded from view of supply side.
Abstract: The problem of generation expansion planning (GEP)
has been extensively studied for many years. This paper presents
three topics in GEP as follow: statistical model, models for
generation expansion, and expansion problem. In the topic of
statistical model, the main stages of the statistical modeling are
briefly explained. Some works on models for GEP are reviewed in
the topic of models for generation expansion. Finally for the topic of
expansion problem, the major issues in the development of a longterm
expansion plan are summarized.
Abstract: In this paper, optimal generation expansion planning (GEP) is investigated considering purchase prices, profits of independent power producers (IPPs) and reliability criteria using a new method based on hybrid coded Genetic Algorithm (GA) and Particle Swarm Optimization (PSO). In this approach, optimal purchase price of each IPP is obtained by HCGA and reliability criteria are calculated by PSO technique. It should be noted that reliability criteria and the rate of carbon dioxide (CO2) emission have been considered as constraints of the GEP problem. Finally, the proposed method has been tested on the case study system. The results evaluation show that the proposed method can simply obtain optimal purchase prices of IPPs and is a fast method for calculation of reliability criteria in expansion planning. Also, considering the optimal purchase prices and profits of IPPs in generation expansion planning are caused that the expansion costs are decreased and the problem is solved more exactly.