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

C. J. Dent, S. Zachary

Research output: Chapter in Book/Report/Conference proceedingConference contribution

5 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 languageEnglish
Title of host publication2014 International Conference on Probabilistic Methods Applied to Power Systems, PMAPS 2014 - Conference Proceedings
PublisherIEEE
ISBN (Print)9781479935611
DOIs
Publication statusPublished - 1 Jan 2014
Event2014 International Conference on Probabilistic Methods Applied to Power Systems - Durham, United Kingdom
Duration: 7 Jul 201410 Jul 2014

Conference

Conference2014 International Conference on Probabilistic Methods Applied to Power Systems
Abbreviated titlePMAPS 2014
CountryUnited Kingdom
CityDurham
Period7/07/1410/07/14

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

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  • Cite this

    Dent, C. J., & 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. https://doi.org/10.1109/PMAPS.2014.6960667