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Capacity credit of microgeneration and microgrids

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  • Moisés Costa, Paulo
  • Matos, Manuel A.

Abstract

The recent development of the concept of microgrid ([mu]Grid), associated to the emergent interest in microgeneration ([mu]Gen), has raised a number of challenges regarding the evaluation of the technical, economical and regulatory impacts of a high penetration of this kind of solutions in the power systems. In this paper, the topic of security of supply is addressed, aiming at evaluating the influence of [mu]Gen and [mu]Grids in the medium- and long-term availability of generation to serve the forecasted load. A Monte-Carlo based methodology is used to evaluate this influence and to assess the capacity credit of those entities.

Suggested Citation

  • Moisés Costa, Paulo & Matos, Manuel A., 2010. "Capacity credit of microgeneration and microgrids," Energy Policy, Elsevier, vol. 38(10), pages 6330-6337, October.
    • Handle: RePEc:eee:enepol:v:38:y:2010:i:10:p:6330-6337
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    References listed on IDEAS

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    1. Hawkes, A.D. & Leach, M.A., 2008. "The capacity credit of micro-combined heat and power," Energy Policy, Elsevier, vol. 36(4), pages 1457-1469, April.
    2. Costa, Paulo Moisés & Matos, Manuel A. & Peças Lopes, J.A., 2008. "Regulation of microgeneration and microgrids," Energy Policy, Elsevier, vol. 36(10), pages 3893-3904, October.
    3. Milligan, Michael & Porter, Kevin, 2006. "The Capacity Value of Wind in the United States: Methods and Implementation," The Electricity Journal, Elsevier, vol. 19(2), pages 91-99, March.
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    Cited by:

    1. João Abel Peças Lopes & André Guimarães Madureira & Carlos Coelho Leal Monteiro Moreira, 2013. "A view of microgrids," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 2(1), pages 86-103, January.
    2. Chen, Yen-Haw & Lu, Su-Ying & Chang, Yung-Ruei & Lee, Ta-Tung & Hu, Ming-Che, 2013. "Economic analysis and optimal energy management models for microgrid systems: A case study in Taiwan," Applied Energy, Elsevier, vol. 103(C), pages 145-154.
    3. Hu, Ming-Che & Lu, Su-Ying & Chen, Yen-Haw, 2016. "Stochastic programming and market equilibrium analysis of microgrids energy management systems," Energy, Elsevier, vol. 113(C), pages 662-670.

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