Capacity Mechanisms: ensuring long-term system adequacy during the energy transition in the electricity market

Electrification by means of renewable energy sources in electricity production (RES-E) is a key strategy to meet global climate goals established in the Paris Agreement. The increasing share of RES-E as a result of this has significant implications on the functioning of the electricity system and the adequacy of the electricity market design, as...

Myopic Optimisation of Generation and Storage Investment for Long-Term Electricity System Planning

<br/>Power system planning is a strenuous exercise for both people and computers. As carbon goals and geopolit- ical complexities intensify, the number of scenarios for electricity system development is limitless. In search of robust policy and profitable investments, policymakers and investment managers rely on long-term elec- tricity system...

Clarifying the Interpretation and Use of the LOLE Resource Adequacy Metric

The loss-of-load expectation (LOLE) risk metric has been used in probabilistic power system resource adequacy assessment for over 70 years, and today is one of the most recognizable and widely-used measures of system shortfall risk. However, this wide adoption has been accompanied by ambiguities and inconsistencies in its definition and...

Bidirectional softlinking for optimal energy planning

The urgent transition to other forms of energy production, delivery and consumption has induced investments in new technologies such as renewable energy sources, storage units and demand response programs. Investments in these assets represent long-term commitments (e.g. 40 years ahead) from civil society, governmental institutions and capital...

Technical Performance of EHV Power Transmission Systems with Long Underground Cables

Extra high voltage (EHV) power transmission systems have been traditionally constructed by using overhead lines (OHL) to transfer power over long distances. During the last decade, the opposition against the construction of new OHLs has significantly increased due to societal and environmental concerns, which has caused major obstacles for the...

Cost benefit analysis of different offshore grid topologies in the North

European countries are showing their willingness to reduce their greenhouse gases emissions in the coming years. For example, the Paris agreement within the United Nations Framework Convention on Climate Change (UNFCCC) is one of the most crucial steps that countries have signed recently. The aim is to cause a lower global temperature increase,...