This book provides an in-depth analysis of investment problems
pertaining to electric energy infrastructure, including both generation
and transmission facilities. The analysis encompasses decision-making
tools for expansion planning, reinforcement, and the selection and
timing of investment options.
In this regard, the book provides an up-to-date description of
analytical tools to address challenging investment questions such as:
- How can we expand and/or reinforce our aging electricity transmission
infrastructure?
- How can we expand the transmission network of a given region to
integrate significant amounts of renewable generation?
- How can we expand generation facilities to achieve a low-carbon
electricity production system?
- How can we expand the generation system while ensuring appropriate
levels of flexibility to accommodate both demand-related and
production-related uncertainties?
- How can we choose among alternative production facilities?
- What is the right time to invest in a given production or transmission
facility?
Written in a tutorial style and modular format, the book includes a
wealth of illustrative examples to facilitate comprehension. It is
intended for advanced undergraduate and graduate students in the fields
of electric energy systems, operations research, management science, and
economics. Practitioners in the electric energy sector will also benefit
from the concepts and techniques presented here.
