Risk Adverse Optimization on Transmission Expansion Planning Considering Climate Change and Extreme Weather Events - The Texas Case

The global push for environmental sustainability is driving substantial changes in power systems, prompting extensive grid upgrades. Policies and initiatives worldwide aim to reduce CO
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emissions, with a focus on increasing reliance on Renewable Energy Sources (RESs) and electrifying transportation. However, the geographical variability and uncertainties of RESs directly impact power generation and distribution, necessitating adjustments in transmission system planning and operation. This paper presents a Transmission Expansion Planning (TEP) model using the 2021 Texas snowstorm as a benchmark scenario, incorporating wind and solar energy penetration while addressing associated uncertainties. Climate Change (CC) and Extreme Weather Events (EWE) are integrated into the set of scenarios aiming at evaluating the proposed method's effectiveness. Comparisons in extreme operative conditions highlight the importance of network reliability and security, emphasizing the significance of merged grids. All simulations are conducted using the ACTIVSg2000 synthetic test system, which emulates the ERCOT grid, with comparisons made between TEP scenarios considering and disregarding CC and EWEs, supporting the concept of umbrella protection.