A Multi-Level Investment Demand Assessment Model for Renewable-Dominated Power System Planning

To achieve the goal of carbon peak and carbon neutrality, the integration of diversified renewable energy will be the principal feature of the planning framework of the smart grid, and the planning direction and focus of power systems would shift to the network transmittability and flexibility enhancement. This paper presents an infrastructure investment demand assessment model based on multi-level analysis method for the renewable-dominated power system planning. First, for the load side, the composite capacity ratio is used to assess the capacity demand of power transformation infrastructure for satisfying the load growth. Then, the renewable energy permeability is adopted as the basis to assess the extensional transmittability capacity for the integration of high renewables. Furthermore, the capacity demand of flexible transmission lines for power grid flexibility enhancement is also estimated. Finally, the amount of unit investment for source-network-load infrastructure capacities can be predicted based on the least square generation adjunctive network and support vector machine (LSGAN-SVM) algorithm. The performance of the proposed model has been tested and benchmarked on a practical-sized power system to verify its effectiveness and feasibility.