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Review of wind generation within adequacy calculations and capacity markets for different power systems

L. Söder, E. Tómasson, A. Estanqueiro, D. Flynn, B.M. Hodge, J. Kiviluoma, M. Korpas, E. Neau, A. Couto, D. Pudjianto, G. Strbac, D.L. Burke, T. Gómez, K. Das, et al.

Renewable & Sustainable Energy Reviews Vol. 119, pp. 109540-1 - 109540-15

Summary:

The integration of renewable energy sources, including wind power, in the adequacy assessment of electricity generation capacity becomes increasingly important as renewable energy generation increases in volume and replaces conventional power plants. The contribution of wind power to cover the electricity demand is less certain than conventional power sources; therefore, the capacity value of wind power is smaller than that of conventional plants. This article presents an overview of the adequacy challenge, how wind power is handled in the regulation of capacity adequacy, and how wind power is treated in a selection of jurisdictions. The jurisdictions included in the overview are Sweden, Great Britain, France, Ireland, United States (PJM and ERCOT), Finland, Portugal, Spain, Norway, Denmark, Belgium, Germany, Italy and the Netherlands.


Keywords: Adequacy; Capacity credit; Capacity markets; Market integration; Power system; Wind power


JCR Impact Factor and WoS quartile: 14,982 - Q1 (2020); 16,300 - Q1 (2023)

DOI reference: DOI icon https://doi.org/10.1016/j.rser.2019.109540

Published on paper: March 2020.

Published on-line: November 2019.



Citation:
L. Söder, E. Tómasson, A. Estanqueiro, D. Flynn, B.M. Hodge, J. Kiviluoma, M. Korpas, E. Neau, A. Couto, D. Pudjianto, G. Strbac, D.L. Burke, T. Gómez, K. Das, et al., Review of wind generation within adequacy calculations and capacity markets for different power systems. Renewable & Sustainable Energy Reviews. Vol. 119, pp. 109540-1 - 109540-15, March 2020. [Online: November 2019]


    Research topics:
  • Green energy integration
  • Energy markets design and regulation
  • Unit-commitment in electricity markets with high RES penetration