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PLEXOS® Capacity Expansion Planning for Integrated Resource Planning

Published 25 April 2016 | By Energy Exemplar

The term 'capacity expansion' refers to the problem of finding the optimal combination of generation new builds and retirements and transmission upgrades (and retirements) that minimises the net present value of the total costs of the system over a long-term planning horizon. PLEXOS® simultaneously solves generation and transmission capacity expansion problem and a dispatch problem from a central planning, long-term perspective.

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PLEXOS® Capacity Expansion Planning for Integrated Resource Planning