Capacity Value of Interconnection Between Two Systems

Simon Tindemans, Matt Woolf, Goran Strbac

Research output: Chapter in Book/Conference proceedings/Edited volumeConference contributionScientificpeer-review

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Abstract

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 interconnectors to neighbouring systems. This paper introduces a definition of capacity value for interconnection between two systems in the form of a capacity allocation curve. Four power flow policies are proposed to encompass the full range of possible market outcomes that may affect the capacity value. A convolution-based method is presented to efficiently compute and compare capacity allocation curves, and it is applied to a model system that is inspired by Great Britain's interconnection with the continental Europe. The results indicate areas of interest for the coordination of capacity mechanisms.
Original languageEnglish
Title of host publication2019 IEEE Power and Energy Society General Meeting, PESGM 2019
Number of pages5
ISBN (Electronic)9781728119816
DOIs
Publication statusPublished - 4 Aug 2019
Event2019 IEEE Power and Energy Society General Meeting, PESGM 2019 - Atlanta, United States
Duration: 4 Aug 20198 Aug 2019
http://www.pes-gm.org/2019/

Publication series

NameIEEE Power and Energy Society General Meeting
Volume2019-August
ISSN (Print)1944-9925
ISSN (Electronic)1944-9933

Conference

Conference2019 IEEE Power and Energy Society General Meeting, PESGM 2019
Abbreviated titlePESGM 2019
CountryUnited States
CityAtlanta
Period4/08/198/08/19
Internet address

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