Electric power system cost/loss optimization using Dynamic Thermal Rating and linear programming

Abstract

Electric power systems consist of generation, transmission, and distribution components. As the demand for electricity grows seemingly endless, it is expected that a number of constraints, such as environmental, regulatory and economic, prevent the construction of new power plants and transmission lines. Finding improved ways to utilize the capacity supplied by existing power generation facilities and power transmission infrastructure is the problem that engineers, equipment manufacturers, and regulatory agencies are now facing.