A Multi-Layered Approach to Transmission Provision in Electric Power Networks

Talk Outline

Physical problem of interest

Sample Power Transmission System

Loop Flows and Real-Time Balancing

Problem formulation as a function of industry structure

Functional Unbundling of
Regulated Utilities

Several alternative implementations

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An important result

Inter-temporal dependencies

Stochastic Optimization Problem

Resource Allocation

Electric System Time Line: Market and Physical¹

Research Challenge

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Full Tree of Uncertainties

Centrally Coordinated Decision Making by
Transmission Service Provider (TSP)

TSP Optimization (Dynamic Topology)

Spatial complexities

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Dynamic aggregation

Critical open problems

Dynamic Protocol --- Utility Level

Dynamic Protocol --- Energy Market Level

Dynamic Protocol --- Energy Market Level

Dynamic Protocol --- Multi Market Level

(Possibly) the biggest obstacle