Economically adapted transmission systems in open access schemes - Application of genetic algorithms

A dynamic transmission planning methodology using a genetic algorithm is formulated for the purpose of determining an economically adapted electric transmission system in a deregulated open access environment. Transmission investment sensitivity information linked to short term marginal income is used. A computer program is developed and applied to obtain a long range adapted transmission grid for the Chilean electrical system. Two open access pricing methodologies are evaluated in a spot price framework, as applied to the adapted grid over the time horizon.