Increased deployment of variable renewable energy (VRE) has posed significant challenges to ensure reliable power system operations. As VRE penetration increases beyond 80%, the power system will require long duration energy storage and flexibility. Detailed uncertainty analysis, identifying challenges, and opportunities to provide sufficient flexibility will help to achieve smooth operations of power system networks during the scenario of high share of VRE sources. Hence, this paper presents a comprehensive overview of the power system flexibility (PSF). The intention of this review is to provide a wide spectrum of power system flexibility, PSF drivers, PSF resources, PSF provisions, methods used for assessment of flexibility and flexibility planning to the researchers, academicians, power system planners, and engineers working on the integration of VRE into the utility grid to achieve high share of these sources. More than 100 research papers on the basic concepts of PSF, drivers of the PSF, resources of PSF, requirement of the PSF, metrics used for assessment of the flexibility, methods and approaches used for measurement of flexibility level in network of the power system, and methods used for the PSF planning and flexibility provisions have been thoroughly reviewed and classified for quick reference considering different dimensions.
Optimal planning of renewable energy generator (REG) units helps to meet future power demand with improved flexibility. Hence, this paper proposes a grid-oriented genetic algorithm (GOGA) based on a hybrid combination of a genetic algorithm (GA) and a solution using analytical power flow equations for optimal sizing and placement of REG units in a power system network. The objective of the GOGA is system loss minimization and flexibility improvement. The objective function expresses the system losses as a function of the power generated by different generators, using the Kron equation. A flexibility index (FI) is proposed to evaluate the improvement in the flexibility, based on the voltage deviations and system losses. A power flow run is performed after placement of REGs at various buses of the test system, and system losses are computed, which are considered as chromosome fitness values. The GOGA searches for the lowest value of the fitness function by changing the location of REG units. Crossover, mutation, and replacement operators are used by the GOGA to generate new chromosomes until the optimal solution is obtained in terms of size and location of REGs. A study is performed on a part of the practical transmission network of Rajasthan Rajya Vidyut Prasaran Nigam Ltd. (RVPN), India for the base year 2021 and the projected year 2031. Load forecasting for the 10-year time horizon is computed using a linear fit mathematical model. A cost–benefit analysis is performed, and it is established that the proposed GOGA provides a financially viable solution with improved flexibility. It is established that GOGA ensures high convergence speed and good solution accuracy. Further, the performance of the GOGA is superior compared to a conventional GA.
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