DG investment planning analysis with renewable integration and considering emission costs

• Type: Article in International Conference Proceedings Book
• Date: 2015

Authors

Fitiwi, DZ (Author) Other; Santos, SF (Author) Other; Bizuayehu, AW (Author) Other; khah, MS (Author) Other; Catalão, JPS (Author) FEUP; Asensio, M (Author) Other; Contreras, J (Author) Other

Conference proceedings International

Title: IEEE EUROCON 2015 - INTERNATIONAL CONFERENCE ON COMPUTER AS A TOOL (EUROCON)

Pages: 1-6

International Conference on Computer as a Tool (EUROCON), IEEE

Salamanca, SPAIN, SEP 08-11, 2015

Indexing

Scopus - 0 Citations

Other information

Authenticus ID: P-00K-BC3

DOI: 10.1109/eurocon.2015.7313735

Abstract (EN): The prospect of distributed generation investment planning (DGIP) is especially relevant in insular networks because of a number of reasons such as energy security, emissions and renewable integration targets. In this context, this paper presents a DGIP model that considers various DG types, including renewables. The planning process involves an economic analysis considering the costs of emissions, reliability and other relevant cost components. In addition, a comprehensive sensitivity analysis is carried out in order to investigate the effect of variability and uncertainty of model parameters on DG investment decisions. The ultimate goal is to identify the parameters that significantly influence the decision-making process and to quantify their degree of influence. The results show that uncertainty has a meaningful impact on DG investment decisions. In fact, the degree of influence varies from one parameter to another. However, in general, ignoring or inadequately considering uncertainty and variability in model parameters has a quantifiable cost. The analyses made in this paper can be very useful to identify the most relevant model parameters that need special attention in planning practices. © 2015 IEEE.

Language: English

Type (Professor's evaluation): Scientific