Research Article

Block-Based Multicut Benders Decomposition Algorithm for Transmission and Energy Storage Co-Planning

Table 3

Simulation results for 24-bus modified IEEE-RTS test system.

Simulation caseSolution techniqueNumber of iterationsComputational time (s)Added linesAdded storagesOpe Cost (M$)Inv Cost (M$)

MILP-2cplexmilp1762x (7–8)1x (5), 2x (6), 2x (14)185.238.838
D-6Proposal33211142x (7–8)1x (5), 2x (6), 2x (14)185.308.838
D-7Proposal97 + 6294 + 152x (7–8)1x (5), 2x (6), 1x (8), 1x (14)185.308.838