This paper describes new investment planning software which is multi-sector (fuels, electric, and transportation), multiobjective, national, and long-term (40 years) that identifies a set of non-dominated national investment strategies. It optimizes three objectives: cost, emissions, and system resilience to major disruptions such as the Katrina and Rita hurricanes. Solutions are identified in terms of technologies (generation, transmission, fuel infrastructure, and transportation infrastructure), capacity, investment year, and geographic location. Network topology is respected. This paper focuses on modeling operational effects of growing wind generation in terms of regulation, reserves, ramping capability and capacity, and their influence on planning the future generation portfolios.
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Krishnan et al. (2012) studied this question.
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