Abstract
Reserve margin is one of the generation system reliability indices which should be appropriately defined. Too high reserve margin causes over-investment in generation system whereas too low reserve margin may result in unacceptable generation risk. This paper proposes method to calculate the value of appropriate reserve margin based on probabilistic method using a reliability index, i.e. Loss of Load Expectation (LOLE). Three generic capacities, i.e. 250, 500, and 750 MW, are used and tested with a modified Thailand system to obtain a range of appropriate reserve margin.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
