Long Term Modelling (II)

Agenda

1 Generation Capacity Expansion

2 Transmission Capacity Expansion

3 Modelling and Decomposition of Long Term Constraints

4 Hydro Efficiency

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Generation Capacity
Expansion

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Generation Capacity Expansion

To correctly define a generation expansion candidate, you should define at least the following Generator
properties:
– [Max Capacity] in MW
– [Max Units Built]
– [Build Cost] which in $/kW
If your LT Plan is using Discount Rate, then also define:
– [Economic Life] in years
– [WACC] which is the discount rate applied to the project's costs
– And it is useful to also define: [FO&M Charge] in $/kW/year
This is in addition to the properties that define the production cost of the generator, such as Heat Rate, Fuel
Price and VO&M Charge.

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Retirements

• Planned Retirements • Economic Retirements

Property Value Unit Date from Property Value Unit Date From
Units 1 - Units 1 -

Units 0 - 01/05/23 Max Units Retired 1 - 01 January 2010

Min Units Retired 0 -
Min Units Retired 1 - 01 January 2020
Retirement Cost 9500 $000
Heat Rate 10 GJ/MWh
Heat Rate 10.1 GJ/MWh 01 January 2011
Heat Rate 10.201 GJ/MWh 01 January 2012
Heat Rate 10.93685 GJ/MWh 01 January 2020
Fixed O&M Charge 13 $/kW/year
Fixed O&M Charge 13.325 $/kW/year 01 January 2011
Fixed O&M Charge 13.65813 $/kW/year 01 January 2012
Fixed O&M Charge 16.23522 $/kW/year 01 January 2020

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Transmission Capacity
Expansion

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Transmission Expansion
General Description

• The planned addition/deletion of AC and DC lines from the system is supported by all OPF methods in
PLEXOS using the Line [Units] property.

• PLEXOS automatically recomputes the shift factors required to cope with the changes in topography.

• LT Plan supports all types of transmission constraints including security-constrained optimal power flow.

• Optimized transmission line expansion (using the [Max Units Built] property), retirement (using the [Max
Units Retired] property) in LT Plan works in much the same way as generation expansion.

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Transmission Expansion
Interface Expansion

• Expansion of existing transmission interfaces (via the Interface class) is a feature available to all OPF
methods in PLEXOS.
• Expansion is done in continuous units of megawatts, thus the only data required are:
– [Expansion Cost] in $MM/MW
– [Max Expansion] in MW
– [WACC] which is the weighted-average cost of capital for interface expansion

• Expansion using Interface objects is useful for both zonal/regional transmission and full-nodal AC
expansion. In the latter case:
– Define Interface objects for each AC path that can be expanded
– Remove the ‘normal’ flow limits on the Line objects in the path
– Define the expansion cost parameters and normal limits for the Interface objects
– Set the transmission detail option in LT Plan to “nodal”

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