Abstract

In the context of an increasing penetration of intermittent renewable energy sources, the impact of neglecting unit commitment constraints in generation expansion planning models has been widely assessed and demonstrated in the literature. However, the focus is often on thermal generators being the only source of flexibility, and the sensitivity to certain assumptions (e.g., system requirements and technical characteristics) has not been investigated. This paper contributes to the existing literature by revisiting the relevance of considering unit commitment constraints in generation expansion planning models for varying assumptions regarding both the available flexibility and the need for operating reserve requirements. The results indicate that if storage technologies are considered, integrating technical constraints has only a minor impact on both overall cost projections and most investments, with the exception of investments in storage technologies themselves. Furthermore, the investments in storage technologies are shown to be highly sensitive to the assumptions made regarding the assumed flexibility of thermal generators and the future need for operating reserves. These sensitivities are shown to be of an order of magnitude higher or of an equal order of magnitude compared to the impact of integrating technical constraints with continuous rather than integer commitment variables.

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 call

Disclaimer: 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.