As a result of government policies increasing the amount of electricity generated from fluctuating renewable sources in many countries, the requirement for flexibility in the corresponding electricity systems increases. On the demand side, load shedding is one demand response mechanism...

Increased renewable generation worldwide is posing new challenges for power system planners. The location, as well as the level and operation, of each generation resource is increasingly important. This work presents a constrained Generation Expansion Planning (GEP) optimization model. One of...

The European Union has set ambitious targets for emission reduction and the penetration of renewable energy, including the electricity generation sector as one of the major emitters of CO2. After a period of subsidy-driven investments, the costs of renewables decreased strongly making...