VSC-MTDC System Integrating Offshore Wind Farms Based Optimal Distribution Method for Financial Improvement on Wind Producers

Abstract

As the typical clean and renewable energy, wind energy has witnessed a continuous annual increase in the last few decades. Due to the random and intermittent characteristics, the wind producers in the electric market meet serious financial losses caused by the deviation between the actual power output and forecasting result. It is difficult to increase the accuracy of forecasting in a short time. How to improve the financial income has become a major task to wind producers and academia. Being the backbone network of the offshore wind farms (OWFs), voltage source converter-based multi-terminal HVdc system (VSC-MTdc) has been regarded as one of the effective solutions to transport wind power. In this paper, an optimal distribution method is proposed for VSC-MTdc system integrating OWFs to reduce the financial loss due to wind power output deviation. The proposed method could be divided into two optimizing functions. The first optimizing function of the proposed method is to analyze the onshore external system according to the historical system operation data and adjust the droop coefficient with the analytic hierarchy process. The second optimizing function of the proposed method is to do further adjusting with the regulating price. With the case study, the proposed optimal distribution method has proved that it can bring more benefit to wind producers.