Economic value of inertia in low-carbon power systems
Economic value of inertia in low-carbon power systems
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DOI:
10.1109/isgteurope.2017.8260153
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发表时间:
2017-09
期刊:
影响因子:
--
通讯作者:
Luis Badesa;Fei Teng;G. Strbac
中科院分区:
文献类型:
--
作者:
Luis Badesa;Fei Teng;G. Strbac
Most renewable energy sources (RES) do not provide any inertial response. Their integration in a power grid implies a highly reduced level of system inertia, which leads to a deteriorated frequency performance. Then, the requirement for frequency response is significantly increased in order to maintain frequency security. Alternatively, enhanced provision of inertia from auxiliary sources may alleviate this problem. However, the benefits of inertia provision are not yet fully understood. In this paper, an inertia-dependent Stochastic Unit Commitment (SUC) tool is applied to quantify the economic value of inertia. The results demonstrate that enhanced provision of inertia would lead to significant economic savings, although these savings vary under different system conditions. These results should be brought to the attention of both market operators and investors, in order to inform the design of an ancillary-services market for inertia and the investment in auxiliary provision of inertia.