A robust approach for planning electric power systems associated with environmental policy analysis

In this study, a fractile-based robust stochastic programming (FRSP) method is developed for planning electric power systems under uncertainty. FRSP can tackle uncertainties expressed as possibilistic and probabilistic distributions in constraints and objective function. The developed FRSP is applied to long-term electric power systems planning, where two cases are examined based on different greenhouse gas (GHG) and air-pollutant management …