PWSC - Version Program Capricorn - Optimising Power System Development Software - Brochure

When optimising the development of integrated power supply systems, the economic objective is to minimise total investment and operating costs over the planning period. However, lack of computer software capable of simultaneously optimising both aspects has made it customary to optimise generation plant additions before designing a complementary expansion of the existing transmission network. Generation planning packages can themselves suffer from significant limitations, including failures to ensure the optimal scheduling of candidate hydropower plants, take account of project dependencies or that different electricity demands can have disparate supply benefits or deficit (unserved energy) penalties.