Asset Details
Do you wish to reserve the book?
Insights from a Comprehensive Capacity Expansion Planning Modeling on the Operation and Value of Hydropower Plants under High Renewable Penetrations
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Insights from a Comprehensive Capacity Expansion Planning Modeling on the Operation and Value of Hydropower Plants under High Renewable Penetrations
Do you wish to request the book?
Insights from a Comprehensive Capacity Expansion Planning Modeling on the Operation and Value of Hydropower Plants under High Renewable Penetrations
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
Insights from a Comprehensive Capacity Expansion Planning Modeling on the Operation and Value of Hydropower Plants under High Renewable Penetrations
2024
Overview
This paper presents a quantitative assessment of the value of hydroelectric power plants (HPPs) in power systems with a significant penetration of variable renewable energy sources (VRESs). Through a capacity expansion planning (CEP) model that incorporates a detailed representation of HPP operating principles, the study investigates the construction and application of HPP rule curves essential for seasonal operation. A comparative analysis is also conducted between the proposed rule curve formulation and alternative modeling techniques from the literature. The CEP model optimizes installed capacities per technology to achieve predefined VRES penetration targets, considering hourly granularity and separate rule curves for each HPP. A case study involving twelve reservoir hydropower stations and two open-loop pumped hydro stations is examined, accounting for standalone plants and cascaded hydro systems across six river basins. The study evaluates the additional generation and storage required to replace the hydropower fleet under high VRES penetration levels, assessing the resulting increases in total system cost emanating from introducing such new investments. Furthermore, the study approximates the storage capabilities of HPPs and investigates the impact of simplified HPP modeling on system operation and investment decisions. Overall, the findings underscore the importance of reevaluating hydro rule curves for future high VRES penetration conditions and highlight the significance of HPPs in the energy transition towards carbon neutrality.
