Expansion co-planning for shale gas integration in a combined energy market

Shale gas resources have the potential to significantly contribute to worldwide energy portfolio. A great number shale gas reserves have been identified in many countries. Connections of newly found gas reserves to the existing energy infrastructures are challenging, as many stakeholders and market uncertainties are involved. The proposed co-planning approach is formulated as a mixed integer nonlinear programming problem so as to minimize investments and enhance the reliability of the overall system. We propose a reliability assessment approach that is applicable for the coupled gas and electricity networks. In addition, the IEEE 24-bus RTS and a test gas system are applied to validate the performance of our approach. Based on the simulation results, the novel expansion co-planning approach is a robust and flexible decision tool, which provides network planners with comprehensive information regarding trade-offs between cost and system reliability.