Capacity Value of Solar Power: Report of the IEEE PES Task Force on Capacity Value of Solar Power

Dent, C.J.; Sioshansi, R.; Reinhart, J.; Wilson, A.L.; Zachary, S.; Lynch, M.; Bothwell, C.; Steele, C.

Abstract

This paper reviews methods used for adequacy risk assessment considering solar power, and for assessment of the capacity value of solar power. The properties of solar power are described as seen from the perspective of the balancing authority, comparing differences in energy availability and capacity factors with those of wind. Methodology for risk calculations considering variable generation (VG) are then surveyed, including the probability background, statistical estimation approaches, and capacity value metrics. Issues in incorporating VG in capacity markets are described, followed by a review of applied studies considering solar power. Finally, recommendations for further research will be presented.

Citation

Dent, C., Sioshansi, R., Reinhart, J., Wilson, A., Zachary, S., Lynch, M., Bothwell, C., & Steele, C. (2016, October). Capacity Value of Solar Power: Report of the IEEE PES Task Force on Capacity Value of Solar Power. Presented at International Conference on Probabilistic Methods Applied to Power Systems (PMAPS), Beijing, China

• Presentation Conference Type: Conference Paper (published)
• Conference Name: International Conference on Probabilistic Methods Applied to Power Systems (PMAPS)
• Start Date: Oct 16, 2016
• End Date: Oct 20, 2016
• Online Publication Date: Dec 5, 2016
• Publication Date: Oct 1, 2016
• Deposit Date: May 28, 2016
• Publicly Available Date: Jul 15, 2016
• Publisher: Institute of Electrical and Electronics Engineers
• Pages: 1-7
• Book Title: 2016 International Conference on Probabilistic Methods Applied to Power Systems (PMAPS) : Beijing, China, 16-20 October 2016 ; proceedings.
• DOI: https://doi.org/10.1109/pmaps.2016.7764197
• Public URL: https://durham-repository.worktribe.com/output/1151591