Maximizing Capacity Credit in Generation Expansion Planning for Wind Power Generation and Compressed Air Energy Storage System
Title
Maximizing Capacity Credit in Generation Expansion Planning for Wind Power Generation and Compressed Air Energy Storage System
Subject
Wind power
Natural resources
Renewable energy sources
Compressed air energy storage
distribution network
Planning
Resource management
Digital storage
Electric power generation
Electric power transmission networks
Pressure vessels
Compressed air
Europe
Atmospheric modeling
Power system reliability
Wind power generation
Electric load flow
load flow analysis
Capacity credit
compressed air energy storage systems
optimal allocation
wind power generation
Description
The need to supply the ever-increasing load demand in combination with the requirement of environmental preservation has introduced variable renewable generation in the generation mix of the modern power grid. Nevertheless, due to the transience and dependency of these renewable energy sources on unpredictable environmental factors the dynamics and priorities of generation expansion planning requires meticulous modifications and enhancements. This paper aims to develop and propose an optimal strategy for generation expansion model considering wind turbine (WTG) generation system. The problem is formulated on the concept of multi-area power system standards and the derivation of an optimal location of the WTG with compressed air energy storage system (CAESS) in the energy mix of the power network. Ensuring that a maximum capacity credit is achieved with WTG incorporation. The objective function in this study, is based on the effective load carrying capability (ELCC) that is utilized to quantify the efficacy of the capacity credit methodology. The ELCC parametric index ensures the reliability standards of the existent system in concurrence with the introduction of additional loads, that is basically grid expansion. Therefore, an evaluative analytical study is performed to increase the dispatchability and availability of the renewable energy sources. The proposed methodology is evaluated and validated on a multi-area system wherein, each area has a pre-existing capacity, load profile, wind generation profile, and reliability data sets. 2021 IEEE.
Publisher
11th IEEE PES Innovative Smart Grid Technologies Europe, ISGT Europe 2021, October 18, 2021 - October 21, 2021
Date
2021
Contributor
Ghazal, Homod M.
Khan, Khalid A.
Alismail, Fahad
Khalid, Muhammad
Format
IEEE Power and Energy Society
Type
conferencePaper
Identifier
10.1109/ISGTEurope52324.2021.9640125
Collection
Citation
“Maximizing Capacity Credit in Generation Expansion Planning for Wind Power Generation and Compressed Air Energy Storage System,” Lamar University Midstream Center Research, accessed May 18, 2024, https://lumc.omeka.net/items/show/25663.