2026-09-23T11:01:00Z https://www.ideals.illinois.edu/oai-pmh

oai:www.ideals.illinois.edu:2142/11970 2023-07-10 col_2142_8888 col_2142_5131 com_2142_8887 com_2142_234 com_2142_5130

Overbye, Thomas J. Beltran, Hector A. 2009-06-01T16:04:56Z 2009-06-01T16:04:56Z 2009-06-01T16:04:56Z To meet electricity demand, electric utilities develop growth strategies for generation, transmission, and distributions systems. For a long time those strategies have been developed by applying least-cost methodology, in which the cheapest stand-alone resources are simply added, instead of analyzing complete portfolios. As a consequence, least-cost methodology is biased in favor of fossil fuel-based technologies, completely ignoring the benefits of adding non-fossil fuel technologies to generation portfolios, especially renewable energies. For this reason, this thesis introduces modern portfolio theory (MPT) to gain a more profound insight into a generation portfolio’s performance using generation cost and risk metrics. We discuss all necessary assumptions and modifications to this finance technique for its application within power systems planning, and we present a real case of analysis. Finally, the results of this thesis are summarized, pointing out the main benefits and the scope of this new tool in the context of electricity generation planning. Item deposited via ETD process 2009-06-01. Made available in DSpace on 2009-06-01T16:04:56Z (GMT). No. of bitstreams: 5 license.txt: 4064 bytes, checksum: f1a7d33e7af9528acb2a27f28a95d4e4 (MD5) Beltran_Hector.pdf: 840913 bytes, checksum: c9bb797646f943aa1463f732c8551576 (MD5) 1_Beltran_Hector.pdf: 1161916 bytes, checksum: 7dc4b6df1676767643ab7f86bcdde161 (MD5) 2_Beltran_Hector.pdf: 1161916 bytes, checksum: 7dc4b6df1676767643ab7f86bcdde161 (MD5) 3_Beltran_Hector.pdf: 1161946 bytes, checksum: 817700799fe77c2113aae7554e1f1ca6 (MD5) http://hdl.handle.net/2142/11970 Copyright Hector A. Beltran Modern portfolio theory Electricity resource planning Efficient frontier Least-cost-variance methodology Modern Portfolio Theory Applied to Electricity Resource Planning 2009-5 Electrical and Computer Engineering Electrical and Computer Engineering University of Illinois at Urbana-Champaign Thesis M.S.