Assessing capacity value of wind power
نویسندگان
چکیده
This article is a summary of a review journal article describing some of the recent research into the capacity value of wind power. With the worldwide increase in wind power during the past several years, there is increasing interest and significance regarding its capacity value. This has a direct influence on the amount of other (non-wind) capacity that is needed in future power systems. Recent work that evaluates the impact of multiple-year data sets and the impact of interconnected systems on resource adequacy. We also provide examples that explore the use of alternative reliability metrics for wind capacity value calculations. We show how multiple-year data sets significantly increase the robustness of results compared to single-year assessments. Assumptions regarding the transmission interconnections play a significant role. Results to date regarding which reliability metric to use for probabilistic capacity valuation show little sensitivity to the metric. Keywords-component; reliability, resource adequacy, transmission, ELCC, LOLE, LOLP, EUE, LOLH
منابع مشابه
Assessing Economic, Social, and Environmental Impacts of Wind Energy in Iran with Focus on Development of Wind Power Plants
As a key economic element, energy plays an important role in the development of societies. Economic growth and its urgent need for energy highlight the need for optimal energy use. Wind energy is an energy source that has become an increasingly common source of electricity. In this study, socio-economic impacts of the cost of electricity generated by wind power plants were assessed with Iran as...
متن کاملA Fast Calculation Method for Analyzing the Effect of Wind Generation on ATC
Wind energy penetration in power system has been increased very fast and large amount of capitals invested for wind farms all around the world. Meanwhile, in power systems with wind turbine generators (WTGs), the value of Available transfer capability (ATC) is influenced by the probabilistic nature of the wind power. The Mont Carlo Simulation (MCS) is the most common method to model the uncerta...
متن کاملPresenting a New Algorithm for Determining Optimal Replaceable Capacity of Conventional Power Plants by Renewable Power Plants Based on Monte Carlo Method
Given the substitution process of generators using renewable energy sources instead of conventional generators in modern power systems, this paper proposes a Monte Carlo based method to determine an optimal level of this change. At first, LOLE index of the system was calculated without wind power to obtain the reference index. Then, the wind turbine units are replaced with the conventional gene...
متن کاملTechnical possibility assessment of creating wind power station at Soltanieh zone of Zanjan province
Due to increasing expansion of energy consumption and also the decrease and tendency towardsending fossil energy reserves, the current energy cycle needs to use alternative energy speciallywind energy, because it’s considerably cheaper than other recycling sources. The presentresearch investigates suitable possibility of exploiting wind energy to create wind power stationin Soltanieh zone of Za...
متن کاملHow Does Large-scale Wind Power Generation Affect Energy and Reserve Prices?
Intermittent nature of wind power faced ISO and power producers with new challenges. Wind power uncertainty has increased the required reserve capacity and deployment reserve. Consequently, large-scale wind power generation increases ISO costs and consequently reserve prices. On the other hand, since wind power producers are price taker, large-scale wind power generation decreases residual dema...
متن کامل