This paper describes use of a multiobjective optimization method, elitist nondominated sorting genetic algorithm version II (NSGA-II), to the generation expansion planning (GEP) problem. The proposed model provides for decision maker choice from among the different trade-off solutions. Two different problem formulations are considered. In one formulation, the first objective is to minimize cost; the second objective is to minimize sum of normalized constraint violations. In the other formulation, the first objective is to minimize investment cost; the second objective is to minimize outage cost (or maximize reliability). Virtual mapping procedure is introduced to improve the performance of NSGA-II. The GEP problem considered is a test system for a six-year planning horizon having five types of candidate units. The results are compared and validated.
No takes yet. Share an insight, caveat, or question.
Kannan et al. (2008) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: