International Journal For Multidisciplinary Research

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A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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Advanced Technique for Analysis of the Impact on Performance Impact on Low-Carbon Energy Systems by Plant Flexibility

Author(s) Sree Lakshmi Vineetha Bitragun, Lakshmi Sneha Bhuma, Gunnam Kushwanth
Country United States
Abstract This research explores the critical role of adaptability in thermal power plants in relation to future low-carbon energy infrastructures. A stochastic scheduling framework that employs rolling planning is adopted to quantify the reductions in operational costs brought about by augmented flexibility. The framework proficiently arranges the allocation of energy and ancillary services while directly confronting the uncertainties linked to renewable energy generation and production failures. Numerous dimensions of flexibility are outlined and evaluated across two representative systems, indicating that the assessment of plant flexibility is critically reliant on the unique system context. Sensitivity analyses are carried out to scrutinize the influence of heterogeneous scheduling methodologies and carbon taxation on the significance of flexibility in addition to these conclusions, the manuscript examines the role of flexibility in sustaining grid stability as the integration of renewable energy intensifies, highlighting its crucial importance in mitigating the variability and intermittency associated with renewable resources. The connection between flexibility and energy storage solutions is explored, emphasizing their joint ability to strengthen system reliability. Also, the report probes into the impact of flexibility on sustained investment choices, taking into consideration how market setups and policy efforts, including carbon pricing and subsidies, can assist in advancing the utilization of flexible technologies.
Keywords Stochastic unit commitment, Thermal power plant, Flexibility, Wind energy
Field Engineering
Published In Volume 2, Issue 6, November-December 2020
Published On 2020-11-05
DOI https://doi.org/10.36948/ijfmr.2020.v02i06.23422
Short DOI https://doi.org/g82jbd

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