Transmission expansion planning considering customer interests for wind power integration in electricity power market

The high penetration of variable renewable energy sources (RES) in the power system poses substantial risks to the operation of the electricity power market. How to ensure the stability and economy of power market operation while consuming RES is a great challenge for transmission expansion planning (TEP). In this paper, we propose a price signal-based planning model that takes into account the interests of the customer side, which can promote the consumption of RES, effectively cope with the price fluctuations caused by the volatility of RES, suppress the price spikes and reduce the price risks of the customer side.