@article{Liu2025, 
author = {Jia Liu and Biao Jiang and Zao Tang and Pingliang Zeng and Tong Su and Yalou Li and Qiuwei Wu},
title = {Coordinated Planning of Interconnected Multi-regional Power Systems Considering Large-scale Energy Storage Systems, Transmission Expansion, and Carbon Emission Quota Trading},
year = {2025},
journal = {CSEE Journal of Power and Energy Systems},
volume = {11},
number = {2},
pages = {490-502},
keywords = {Analytical target cascading algorithm, energy storage system, multi-regional power system, tiered pricing mechanism, transmission expansion planning},
url = {https://www.sciopen.com/article/10.17775/CSEEJPES.2023.06230},
doi = {10.17775/CSEEJPES.2023.06230},
abstract = {Global warming has motivated the world's major countries to actively develop technologies and make policies to promote carbon emission reduction. Focusing on interconnected multi-regional power systems, this paper proposes a coordinated planning model for interconnected power systems considering energy storage system planning and transmission expansion. A market-based carbon emission quota trading market that helps reduce carbon emissions is built and integrated into the coordinated planning model, where entities can purchase extra or sell surplus carbon emission quotas. Its effects on promoting carbon emission reduction are analyzed. Considering the limitations on information exchange between interconnected regional power systems, the proposed model is decoupled and solved with the analytical target cascading algorithm. A modified two-region 48-bus system is used to verify the effectiveness of the proposed model and solving method.}
}