Stochastic Correlation Modelling of Renewable Energy Sources for Provision of Ancillary Services using Multi-dimensional Copula Functions

Author(s):  
Payam Teimourzadeh Baboli ◽  
Michael Brand ◽  
Sebastian Lehnhoff
2021 ◽  
Author(s):  
Andrei Mihai Gross ◽  
Kyriaki-Nefeli Malamaki ◽  
Manuel Barragan-Villarejo ◽  
Georgios C. Kryonidis ◽  
Francisco Jesus Matas-Diaz ◽  
...  

2020 ◽  
Vol 10 (20) ◽  
pp. 7106
Author(s):  
Charis S. Demoulias ◽  
Kyriaki-Nefeli D. Malamaki ◽  
Spyros Gkavanoudis ◽  
Juan Manuel Mauricio ◽  
Georgios C. Kryonidis ◽  
...  

The gradual displacement of synchronous generators driven by conventional power plants, due to the increasing penetration of distributed renewable energy sources (DRES) in distribution grids, is creating a shortage of crucial ancillary services (AS) which are vital for the frequency and voltage stability of the grid. These AS, and some new ones, could now be offered by the DRES, particularly those that are converter interfaced, in a coordinated way in order to preserve the grid stability and resilience. Although recent standards and grid codes specify that the DRES exhibit some system support functions, there are no specifications on how to measure and quantify (M & Q) them both at DRES level and in aggregated form. The M & Q of AS is crucial, since it would allow the AS to be treated as tradable AS in the current and future AS markets. This paper attempts to define a number of AS that can be offered by converter-interfaced DRES and suggests methods for their M & Q. The new AS addressed are: (1) inertial response; (2) primary frequency response; (3) active power smoothing (ramp-rate limitation); (4) exchange of reactive power for voltage regulation; (5) fault-ride-through (FRT) and contribution to fault clearing; (6) voltage harmonic mitigation. Additionally, a rough estimation of the additional investment and operational cost, as well as the financial benefits associated with each AS is provided in order to form the basis for the development of business models around each AS in the near future.


2017 ◽  
Vol 101 ◽  
pp. 1390-1400 ◽  
Author(s):  
Anuj Banshwar ◽  
Naveen Kumar Sharma ◽  
Yog Raj Sood ◽  
Rajnish Shrivastava

Energies ◽  
2020 ◽  
Vol 13 (21) ◽  
pp. 5675
Author(s):  
Jens Baetens ◽  
Jeroen D. M. De Kooning ◽  
Greet Van Eetvelde ◽  
Lieven Vandevelde

The increased penetration of renewable energy sources in the electrical grid raises the need for more power system flexibility. One of the high potential groups to provide such flexibility is the industry. Incentives to do so are provided by variable pricing and remuneration of supplied ancillary services. The operational flexibility of a chlor-alkali electrolysis process shows opportunities in the current energy and ancillary services markets. A co-optimisation of operating the chlor-alkali process under an hourly variable priced electricity sourcing strategy and the delivery of Frequency Containment Reserve (FCR) is the core of this work. A short term price prediction for the Day-Ahead Market (DAM) and FCR market as input for a deterministic optimisation shows good results under standard DAM price patterns, but leaves room for improvement in case of price fluctuations, e.g., as caused by Renewable Energy Sources (RES). A two-stage stochastic optimisation is considered to cope with the uncertainties introduced by the exogenous parameters. An improvement of the stochastic solution over the deterministic Expected Value (EV) solution is shown.


IEE Review ◽  
1991 ◽  
Vol 37 (4) ◽  
pp. 152
Author(s):  
Kenneth Spring

Sign in / Sign up

Export Citation Format

Share Document