Cost-benefit analysis of a Multi-Terminal VSCHVDC system using a proposed Mixed ac/dc Optimal Power Flow

• This paper presents a cost-benefit analysis of the Multi-Terminal Voltage Source Converter based HVDC (VSC-MTDC) using a proposed Mixed ac/dc Optimal Power Flow (M-OPF). In this analysis, the operational benefits of VSC-MTDC systems are evaluated and compared with their corresponding investment costs to derive the benefit-to-cost ratios (BCR) for selected candidates of VSC-MTDC systems in the transmission expansion planning. Case studies using a modified Nordic 32-bus system have been carried out. The results have shown that the embedded VSC-MTDC system might bring out a reduction in total operation cost depending on its configuration and location. The proposed M-OPF model incorporates a detailed model of a VSC-MTDC, and is suitable to the operation and planning analysis of the ac transmission grid with the embedded VSC-MTDC system.

Subject headings

TEKNIK OCH TEKNOLOGIER  -- Elektroteknik och elektronik (hsv//swe)

ENGINEERING AND TECHNOLOGY  -- Electrical Engineering, Electronic Engineering, Information Engineering (hsv//eng)

Keyword

AC/DC transmission System

Cost Minimization

Cost-Benefit Analysis

Multi-Terminal VSC-HVDC

Optimal Power Flow

Benefit to cost ratios

Optimal power flows

Total operation costs

Transmission expansion planning

Transmission systems

Voltage source converter based hvdc

VSC-HVDC

Acoustic generators

Commerce

Costs

Electric load flow

Investments

Power converters

Cost benefit analysis

Publication and Content Type

ref (subject category)

kon (subject category)