Further results on the probability theory of capacity value of additional generation

C. J. Dent; S. Zachary

doi:10.1109/PMAPS.2014.6960667

Further results on the probability theory of capacity value of additional generation

C. J. Dent, S. Zachary

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

6 Citations (Scopus)

Abstract

New theoretical results regarding the capacity value of additional generation are presented, the motivation being explanation of results from applied renewables integration studies. Of particular note are the dependence of calculated values on underlying risk level for any capacity of additional generation, the upper limit on capacity value where there is a given probability of near-zero available capacity, and a closed form result for the case where the distribution of available existing capacity may be approximated as an exponential function. Examples of how these main results may be applied are presented.

Original language	English
Title of host publication	2014 International Conference on Probabilistic Methods Applied to Power Systems, PMAPS 2014 - Conference Proceedings
Publisher	IEEE
ISBN (Print)	9781479935611
DOIs	https://doi.org/10.1109/PMAPS.2014.6960667
Publication status	Published - 1 Jan 2014
Event	2014 International Conference on Probabilistic Methods Applied to Power Systems - Durham, United Kingdom Duration: 7 Jul 2014 → 10 Jul 2014

Conference

Conference	2014 International Conference on Probabilistic Methods Applied to Power Systems
Abbreviated title	PMAPS 2014
Country/Territory	United Kingdom
City	Durham
Period	7/07/14 → 10/07/14

Keywords

power system operation
power system planning
power system reliability
risk analysis
wind energy

ASJC Scopus subject areas

Statistics, Probability and Uncertainty
Control and Systems Engineering
Statistics and Probability

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1109/PMAPS.2014.6960667

Cite this

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title = "Further results on the probability theory of capacity value of additional generation",

abstract = "New theoretical results regarding the capacity value of additional generation are presented, the motivation being explanation of results from applied renewables integration studies. Of particular note are the dependence of calculated values on underlying risk level for any capacity of additional generation, the upper limit on capacity value where there is a given probability of near-zero available capacity, and a closed form result for the case where the distribution of available existing capacity may be approximated as an exponential function. Examples of how these main results may be applied are presented.",

keywords = "power system operation, power system planning, power system reliability, risk analysis, wind energy",

author = "Dent, {C. J.} and S. Zachary",

year = "2014",

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doi = "10.1109/PMAPS.2014.6960667",

language = "English",

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booktitle = "2014 International Conference on Probabilistic Methods Applied to Power Systems, PMAPS 2014 - Conference Proceedings",

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note = "2014 International Conference on Probabilistic Methods Applied to Power Systems, PMAPS 2014 ; Conference date: 07-07-2014 Through 10-07-2014",

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Dent, CJ & Zachary, S 2014, Further results on the probability theory of capacity value of additional generation. in 2014 International Conference on Probabilistic Methods Applied to Power Systems, PMAPS 2014 - Conference Proceedings., 6960667, IEEE, 2014 International Conference on Probabilistic Methods Applied to Power Systems, Durham, United Kingdom, 7/07/14. https://doi.org/10.1109/PMAPS.2014.6960667

TY - GEN

T1 - Further results on the probability theory of capacity value of additional generation

AU - Dent, C. J.

AU - Zachary, S.

PY - 2014/1/1

Y1 - 2014/1/1

N2 - New theoretical results regarding the capacity value of additional generation are presented, the motivation being explanation of results from applied renewables integration studies. Of particular note are the dependence of calculated values on underlying risk level for any capacity of additional generation, the upper limit on capacity value where there is a given probability of near-zero available capacity, and a closed form result for the case where the distribution of available existing capacity may be approximated as an exponential function. Examples of how these main results may be applied are presented.

AB - New theoretical results regarding the capacity value of additional generation are presented, the motivation being explanation of results from applied renewables integration studies. Of particular note are the dependence of calculated values on underlying risk level for any capacity of additional generation, the upper limit on capacity value where there is a given probability of near-zero available capacity, and a closed form result for the case where the distribution of available existing capacity may be approximated as an exponential function. Examples of how these main results may be applied are presented.

KW - power system operation

KW - power system planning

KW - power system reliability

KW - risk analysis

KW - wind energy

U2 - 10.1109/PMAPS.2014.6960667

DO - 10.1109/PMAPS.2014.6960667

M3 - Conference contribution

AN - SCOPUS:84915750859

SN - 9781479935611

BT - 2014 International Conference on Probabilistic Methods Applied to Power Systems, PMAPS 2014 - Conference Proceedings

PB - IEEE

T2 - 2014 International Conference on Probabilistic Methods Applied to Power Systems

Y2 - 7 July 2014 through 10 July 2014

ER -

Further results on the probability theory of capacity value of additional generation

Abstract

Conference

Keywords

ASJC Scopus subject areas

UN SDGs

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