Search

This paper investigates the potential contribution that interconnectors can provide to efficiently support the security of interconnected power systems. The proposed modelling setup introduces a radical paradigm shift in the operation of the interconnectors and in their interactions with multiple markets. To the best of our knowledge, this is the first paper that models a simultaneous allocation of the interconnector capacity for the exchange of energy and of inertia-dependent primary frequency response. The benefits and impact of this new methodology are evaluated with typical market indicators (e.g., social welfare and interconnector revenues) under two different paradigms: a centralized approach where the interconnectors are operated to minimize the system operational cost and a market-based framework where the interconnectors are privately-owned assets with self-interested objectives. By modelling the interconnectors as “price-maker”, the proposed work quantifies the potential inefficiencies of market solutions while considering key elements such as capacity withdrawing. A case study of the GB-France systems assesses the value of interconnectors on system efficiency and security under the considered paradigms. [ABSTRACT FROM AUTHOR]

The coronavirus disease 2019 (COVID-19) pandemic has urged many governments in the world to enforce a strict lockdown where all nonessential businesses are closed and citizens are ordered to stay at home. One of the consequences of this policy is a significant change in electricity consumption patterns. Since load forecasting models rely on calendar or meteorological information and are trained on historical data, they fail to capture the significant break caused by the lockdown and have exhibited poor performances since the beginning of the pandemic. In this paper we introduce two methods to adapt generalized additive models, alleviating the aforementioned issue. Using Kalman filters and fine-tuning allows to adapt quickly to new electricity consumption patterns without requiring exogenous information. The proposed methods are applied to forecast the electricity demand during the French lockdown period, where they demonstrate their ability to significantly reduce prediction errors compared to traditional models. Finally, expert aggregation is used to leverage the specificities of each predictions and enhance results even further. [ABSTRACT FROM AUTHOR]