Data-Driven Stochastic Transmission Expansion Planning

Due to the significant improvements of power generation technologies and the trend of replacing traditional power plants with renewable generation resources, the generation portfolio will experience dramatic changes in the near future. The uncertainty and variability of renewable energy and their sitting call for strategic and economic plans for expanding the transmission capacities. In this study, we develop a data-driven two-stage stochastic transmission expansion planning with uncertainties. In the proposed approach, purely by learning from the historical data, we first construct a confidence set for the unknown distribution of the uncertain parameters. Then, we develop a two-stage data-driven transmission expansion framework, by considering the worst-case distribution within the constructed confidence set, so as to provide a reliable while economic transmission planning decision. Furthermore, to tackle the model complexity, we propose a decomposition framework embedded with Benders' and Column-and-Constraint generation methods. We implement our approach on 6-bus and 118-bus systems to test its effectiveness. Finally, we show as the amount of historical data grows, the conservativeness of the model decreases.