TY - JOUR
T1 - Thermal power plant operating regimes in future British power systems with increasing variable renewable penetration
AU - Edmunds, Ray
AU - Davies, Lloyd
AU - Deane, Paul
AU - Pourkashanian, Mohamed
N1 - Publisher Copyright:
© 2015 Elsevier Ltd. All rights reserved.
PY - 2015/11/15
Y1 - 2015/11/15
N2 - This work investigates the operational requirements of thermal power plants in a number of potential future British power systems with increasing variable renewable penetration. The PLEXOS Integrated Energy Model has been used to develop the market models, with PLEXOS employing mixed integer programming to solve the unit commitment and economic dispatch problem, subject to a number of constraints. Initially, a model of the British power system was developed and validated. Subsequently, a 2020 test model was developed to analyse a number of future system structures with differing fuel and carbon prices and generation mixes. The study has found that in three of the four scenarios considered, the utilisation of gas power plants will be relatively low, but remains fundamental to the security of supply. Also, gas plants will be subject to more intense ramping. The findings have consequent implications for energy policy as expensive government interventions may be required to prevent early decommissioning of gas capacity, should the prevailing market conditions not guarantee revenue adequacy.
AB - This work investigates the operational requirements of thermal power plants in a number of potential future British power systems with increasing variable renewable penetration. The PLEXOS Integrated Energy Model has been used to develop the market models, with PLEXOS employing mixed integer programming to solve the unit commitment and economic dispatch problem, subject to a number of constraints. Initially, a model of the British power system was developed and validated. Subsequently, a 2020 test model was developed to analyse a number of future system structures with differing fuel and carbon prices and generation mixes. The study has found that in three of the four scenarios considered, the utilisation of gas power plants will be relatively low, but remains fundamental to the security of supply. Also, gas plants will be subject to more intense ramping. The findings have consequent implications for energy policy as expensive government interventions may be required to prevent early decommissioning of gas capacity, should the prevailing market conditions not guarantee revenue adequacy.
KW - British power market
KW - Modelling
KW - Optimisation
KW - Thermal power plant
UR - https://www.scopus.com/pages/publications/84941126210
U2 - 10.1016/j.enconman.2015.08.067
DO - 10.1016/j.enconman.2015.08.067
M3 - Article
AN - SCOPUS:84941126210
SN - 0196-8904
VL - 105
SP - 977
EP - 985
JO - Energy Conversion and Management
JF - Energy Conversion and Management
ER -