Optimal Long-Range Generation Expansion Planning for Hydro-Thermal System Based on Analytical Production Costing Model

Youn, L. T. O.; Lee, K. Y.; Park, Y. M.

doi:10.1109/tpwrs.1987.4335119

Cited by 7 publications

(7 citation statements)

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“…The target of SEP (i.e. the objective function of the resulting optimization problem) can be economic as a cost minimization or benefit maximization [51][52][53][54][55]. But many more dimensions play a role in the SEP decision-making process [56], such as CO2 emission reduction in terms of maximum targets or penalties [22,57], robustness of the system [58] and resilience of the system, e.g.…”

Section: 2mentioning

confidence: 99%

“…SEP is first performed in the '70s in the USA and Canada [139,141], although the first PHS installations already appeared in the 1890s in Italy and Switzerland [177]. During the following decade, Japan [52,53] and South Korea [54] join the topic, while the USA [51,86] keeps on adding publications. Also, Denmark appears, envisioning the role of storage for a Nordic "wind-hydro" system [166].…”

Section: Modeled Essmentioning

confidence: 99%

“…9). Instead, in the beginnings of SEP (before 1990), 50% of the models [53,54,86,139] had dynamic formulations, possibly conditioned by the long construction times of the main storage technologies of that time: hydropower reservoirs. Between 1990 and 2010, only two [168,169] out of 17 publications use a dynamic treatment for investment decisions.…”

Section: 6mentioning

confidence: 99%

“…Modeling of uncertainties has been part of SEP since the 1970s when stochastic optimization was the preferred tool to account for stochasticity of load [54] and -surprisingly already-of renewable energy availability (water inflows) [86]. Although during the 1990s no stochastic publication is found, a decade later it becomes a fundamental part of SEP to model uncertain energy profiles [58,108,109,120,140,142,152,157,170,171,173] and uncertain expansion paths in time (multi-stage SEP) [78].…”

Section: 8mentioning

confidence: 99%

“…Until 1999, many different approaches are found without any dominant one. For instance, SEP are expressed as LP [51,55,86], NLP [139,141,147] -including one MINLP [53]-, hybrids [54,148], and other decision support methods [126,161,166].…”

Section: 9mentioning

confidence: 99%

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Challenges and trends of energy storage expansion planning for flexibility provision in low-carbon power systems – a review

Haas

Cebulla

Cao

et al. 2017

Renewable and Sustainable Energy Reviews

131

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Expansion planning models are often used to support investment decisions in the power sector. Towards the massive insertion of renewable energy sources, expansion planning of energy storage systems (SEP-Storage Expansion Planning) is becoming more popular. However, to date, there is no clear overview of the available SEP models in the literature. To shed light on the existing approaches, this review paper presents a broad classification of SEP, which is used to analyze a database of about 90 publications to identify trends and challenges. The trends we found are that while SEP was born more than four decades ago, only in the last five years increasing research efforts were put into the topic. The planning has evolved from adequacy criteria to broader targets, such as direct costs, mitigation of CO2 emissions, and renewable integration. The modeling of the network, power system, energy storage systems (ESS), and time resolution are becoming more detailed. Uncertainty is often considered and the solution methods are still very diverse. As outstanding challenges, we found that (1) the large diversity of ESS, in contrast to conventional generation technologies, and (2) the complex lifetime and efficiency functions need to be addressed in the models. (3) Only a high temporal and spatial resolution will allow for dimensioning the challenge of integrating renewables and the role of ESS. (4) Although the value of ESS lies beyond shifting energy in time, current SEP is mostly blind to other system services. (5) Today, many flexibility options are available, but they are often assessed separately. In the same line, although cross-sectorial (power, heat, transport, water) SEP is becoming more frequent, there are many open tasks towards an integrated coordination. The planning of future energy systems will be multi-sectorial and multi-objective, consider the multi-services of ESS, and will inherently require interdisciplinary efforts.

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