Related papers: Capacity Value of Solar Power and Other Variable G…
The concept of capacity value is widely used to quantify the contribution of additional generation (most notably renewables) within generation adequacy assessments. This paper surveys the existing probability theory of assessment of the…
We show how to value both variable generation and energy storage to enable them to be integrated fairly and optimally into electricity capacity markets. We develop theory based on balancing expected energy unserved against costs of capacity…
Resource adequacy studies typically use standard metrics such as Loss of Load Expectation and Expected Energy Unserved to quantify the risk of supply shortfalls. This paper critiques present approaches to adequacy assessment and capacity…
Generation and load balance is required in the economic scheduling of generating units in the smart grid. Variable energy generations, particularly from wind and solar energy resources, are witnessing a rapid boost, and, it is anticipated…
The present work is an attempt to understand and review existing methods of energy generation in electric vehicles in the modern day context. Previous works in the field have proposed various mechanisms of energy generation that are very…
Operational flexibility is an important property of electric power systems and plays a crucial role for the transition of today's power systems, many of them based on fossil fuels, towards power systems that can efficiently accommodate high…
The increasing integration of large-scale volatile and uncertain wind generation has brought great challenges to power system operations. In this paper, a risk-based admissibility assessment approach is proposed to quantitatively evaluate…
We show that different rates should be used for borrowing and discount rates, and that the risk-free rate should be used for discounting when assessing and comparing the cost of energy accross diffferent producers and technologies, on the…
Non-availability of reliable and sustainable electric power is a major problem in the developing world. Renewable energy sources like solar are not very lucrative in the current stage due to various uncertainties like weather, storage, land…
The ability to accurately forecast power generation from renewable sources is nowadays recognised as a fundamental skill to improve the operation of power systems. Despite the general interest of the power community in this topic, it is not…
Concerns about system adequacy have led to the establishment of capacity mechanisms in a number of regulatory areas. Against this background, it is essential to accurately quantify the contribution to security of supply that results from…
As penetration of wind power generation increases, system operators must account for its stochastic nature in a reliable and cost-efficient manner. These conflicting objectives can be traded-off by accounting for the variability and…
Due to the increasing proportion of distributed photovoltaic (PV) production in the generation mix, the knowledge of the PV generation capacity has become a key factor. In this work, we propose to compute the PV plant maximum power starting…
It is expected, and regionally observed, that energy demand will soon be covered by a widespread deployment of renewable energy sources. However, the weather and climate driven energy sources are characterized by a significant spatial and…
Photovoltaic systems have been widely deployed in recent times to meet the increased electricity demand as an environmental-friendly energy source. The major challenge for integrating photovoltaic systems in power systems is the…
Prospective power supply systems based on Renewable Energy Sources require measures to balance power generation and load at all times. The utilisation of storage devices and backup power plants is widely suggested for this purpose, whereas…
As the proportion of total power supplied by renewable sources increases, it gets more costly to use reserve generation to compensate for the variability of renewables like solar and wind. Hence attention has been drawn to exploiting…
The main advantage of wind and solar power plants is the power production free of CO2. Their main disadvantage is the volatility of the generated power. According to the estimates of H.-W. Sinn[1], suppressing this volatility requires…
Using solar power in the process industry can reduce greenhouse gas emissions and make the production process more sustainable. However, the intermittent nature of solar power renders its usage challenging. Building a model to predict…
Increasing penetration of distribution generation (DG) and electric vehicles (EVs) calls for an effective way to estimate the achievable capacity connected to the distribution systems, but the exogenous uncertainties of DG outputs and EV…