Simplified methods for renewable generation capacity credit calculation: A critical review

Title: Simplified methods for renewable generation capacity credit calculation: A critical review
Authors: Dent, Chris
Keane, Andrew
Bialek, Janusz W.
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Date: Jul-2010
Abstract: Capacity credits are widely used to quantify the ability of different generating technologies to support demand. Most practical capacity credit calculations are based on detailed risk modelling, however a wide range of simplified approaches are also in use. This paper presents a critical review of these simplified approaches, ranging from annual peak calculations and probabilistic representations of wind, to closed-form expressions derived for small installed wind capacities. The principal themes are that simplified methods must retain the key features of the problem at hand, and that to be of interest simplified methods must either bring substantial computational advantages, or provide additional insight beyond that from a more detailed risk calculation.
Funding Details: Science Foundation Ireland
Type of material: Conference Publication
Publisher: IEEE
Copyright (published version): 2010 IEEE
Keywords: Wind power generationsystem reliabilityPower system modeling
Subject LCSH: Wind power
Electric power systems--Reliability
Electric power systems--Mathematical models
DOI: 10.1109/PES.2010.5589606
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Language: en
Status of Item: Peer reviewed
Is part of: Power and Energy Society General Meeting, 2010 IEEE
Conference Details: Paper presented at the Power and Energy Society 2010 General Meeting, Minneapolis, Minnesota, 25-29 July 2010
ISBN: 978-1-4244-6549-1 2011-10-07T14:08:24Z
Appears in Collections:ERC Research Collection
Electrical and Electronic Engineering Research Collection

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