Abstract:
A long-term multiobjective model for the power
generation expansion planning of electric systems is described
and evaluated in this paper. The model optimizes simultaneously
multiple objectives (i.e., minimizes costs, environmental impact,
imported fuel and fuel price risks) and decides the location of the
planned generation units in a multiperiod planning horizon.Among
the attributes considered in the model are the investment and operation
cost of the units, the environmental impact, the amount of
imported fuel, and the portfolio investment risk. The approach to
solve this problem is based on multiobjective linear programming
and the analytical hierarchy process.Acase study fromthe Mexican
ElectricPower System is used to illustrate the proposed framework.
