As the importance of renewable generating resources has grown around the world, South Korea is also trying to expand the proportion of renewable generating resources in the power generation sector. Among the various renewable energy sources, wind generating resources are emerging as a key alternative to conventional power generations in the electricity sector in Korea accounted for 17.7 GW of total capacity by 2030. As wind generating resources are gradually replacing traditional generating resources, the system security and reliability are negatively affected because of the variability, due to intermittent outputs. Therefore, existing power grids will need to be correctly re-measured to cover the large scale of renewable energy, including wind generation. To expand the grid, we must understand the characteristics of renewable energy and the impact of its adoption in the grid. In this paper, we analyze various characteristics of wind power generation, and then we propose a probabilistic power output modeling method to consider the uncertainty of wind power generation. For the probabilistic approach, Monte-Carlo simulation is used in the modeling method. The modeled wind power outputs can help planning for the reinforcement and expansion of power systems to expand the capacity for large-scale renewable energy in the future. To verify the proposed method, some case studies were performed using empirical data, and probabilistic power flow calculation was performed by integrating large-scale wind power generation to the Jeju Island power system. The probabilistic method proposed in this paper can efficiently plan power system expansion and play a key strategy of evaluating the security of the power system through the results of stochastic power flow calculation.
Introducing Uncertainty Components in Locational Marginal Prices for Pricing Wind Power and Load Uncertainties
