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Capacity Value of Interconnectors for Resource Adequacy Assessment in Multi-Region Systems

Lookup NU author(s): Dr David Greenwood, Dr Matthew Deakin, Dr Ilias Sarantakos, Helen Bloomfield

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This is the authors' accepted manuscript of a conference proceedings (inc. abstract) that has been accepted and is due to be published in its final definitive form by IEEE, 2022.

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Abstract

Interconnectors can enhance resource adequacy in multiple regions of an interconnected system, but determining the value of their contribution, and how it is shared between the regions, is non trivial. This paper introduces the concept of minimum equivalent firm capacity (MEFC) to determine the minimum additional generation which would be required to provide the same reliability benefit as an interconnector, and into which regions of the system this should be installed. MEFC is calculated using a linear program as a heuristic to identify the optimal ratio in which the MEFC should be installed. The reliability of the system is evaluated using a sequential Monte Carlo simulation, with an efficient convex optimization used to dispatch interconnectors and energy storage. The optimality of the heuristic approach is investigated, and the method is demonstrated on a three-region system of Great Britain, Ireland, and France with the addition of the proposed Celtic Interconnector.


Publication metadata

Author(s): Greenwood DM, Deakin M, Sarantakos I, Brayshaw D, Bloomfield H

Publication type: Conference Proceedings (inc. Abstract)

Publication status: In Press

Conference Name: 2022 17th International Conference on Probabilistic Methods Applied to Power Systems (PMAPS)

Year of Conference: 2022

Acceptance date: 24/03/2022

Date deposited: 21/04/2022

Publisher: IEEE


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