Related papers: Risk-Based Capacity Accreditation of Resource-Colo…
Probabilistic resource adequacy assessment is a cornerstone of modern capacity accreditation. This paper develops a gradient-based framework, in which capacity accreditation is interpreted as the directional derivative of a probabilistic…
The electric power sector has seen an increased penetration of renewable energy sources (RESs) that could strain the system reliability due to their inherent uncertainties in availability and controllability. Effective load carrying…
This paper presents a Marginal Reliability Impact (MRI) based resource accreditation framework for capacity market design. Under this framework, a resource is accredited based on its marginal impact on system reliability, thus aligning the…
This paper proposes a novel capacity credit evaluation framework to accurately quantify the contribution of generalized energy storage (GES) to resource adequacy, considering both strategic capacity withholding and decision-dependent…
This paper presents the coordination of two congestion management instruments - capacity limitation contracts (CLCs) and redispatch contracts (RCs) - as a risk-aware resource allocation problem. We propose that the advantages and drawbacks…
This paper presents a framework for deriving the storage capacity that an electricity system requires in order to satisfy a chosen risk appetite. The framework takes as inputs user-defined event categories, parameterised by peak…
Liberalized electricity markets often include resource adequacy mechanisms that require consumers to contract with generation resources well in advance of real-time operations. While administratively defined mechanisms have most commonly…
To enhance the efficiency of capacity markets, many electricity markets in the U.S. are adopting or planning to implement marginal capacity accreditation reforms. This paper provides new insights into energy storage capacity accreditation…
The increasing penetration of flexible loads, such as electric vehicles and AI data-centers necessitates new methodologies for quantifying electrical load hosting capacity under operational constraints and flexible connection agreements. We…
Energy storage (ES) and virtual energy storage (VES) are key components to realizing power system decarbonization. Although ES and VES have been proven to deliver various types of grid services, little work has so far provided a…
Rapid growth in AI-driven data center loads is creating significant challenges for transmission grid interconnection. This paper proposes robust and risk-aware frameworks to quantify transmission capacity as firm and flexible capacities. We…
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…
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…
With the fast growth of wind power penetration, power systems need additional flexibility to cope with wind power ramping. Several electricity markets have established requirements for flexible ramping capacity (FRC) reserves. This paper…
The increasing penetration of renewable energy in recent years has led to more uncertainties in power systems. In order to maintain system reliability and security, electricity market operators need to keep certain reserves in the…
Many HPC applications suffer from a bottleneck in the shared caches, instruction execution units, I/O or memory bandwidth, even though the remaining resources may be underutilized. It is hard for developers and runtime systems to ensure…
With the rise in data centre virtualization, there are increasing choices as to where to place workloads, be it in web applications, Enterprise IT or in Network Function Virtualisation. Workload placement approaches available today…
We present a method for solving a large-scale stochastic capacity expansion problem which explicitly considers reliability constraints, in particular constraints on expected energy not served. Our method tackles this problem by a Lagrange…
Maximizing robustness and minimizing cost are common objectives in the design of infrastructure networks. However, most infrastructure networks evolve and operate in a highly decentralized fashion, which may significantly impact the…
Distributed energy resources (DERs) such as rooftop solar, battery storage, and demand response offer substantial potential for power system reliability, yet integrating them into resource adequacy (RA) frameworks as firm capacity…