A cost–benefit framework to evaluate capacity upgrade options in overhead line transmission planning

Abstract

This paper presents the methodology behind the new Reconductoring Economic and Financial Analysis (REFA) tool, an open-access software, used by transmission utilities to evaluate transmission capacity enhancement options. The proposed methodology is intended to be used in a new planning stage, after the capacity expansion and prior to the individual transmission project engineering, allowing capacity upgrade options (reconductoring, rebuild or voltage upgrade), and respective conductor selection, to be compared under the same economic basis. The REFA tool implements a methodology to rank project options and conductor types based on economic criteria, considering an approximation of the ampacity and sag constraints. Results, using 5 real transmission lines in the US, show that least-cost combinations of project and conductor types can be very diverse, which emphasizes the need for the proposed methodology and tool