The Impact of Emerging Renewable Energy on Capacity Mechanisms in Power Systems and Expert Opinion

Year 2019, Volume: 7 Issue: 3, 319 - 325, 30.07.2019

Mehmet Rıda Tür

https://doi.org/10.17694/bajece.575097

Cited By: 4

Abstract

With the increasing
energy demand, the growing capacity of renewable energy sources and the impact
of developing competition, it is desirable to manage the market with
appropriate investments along with the electricity market and optimum load
distribution. In line with this demand, supply security and energy quality play
an important role day by day. This includes the production capacity and the
long-term security of the system, reflecting the system's ability to stand in
unexpected events and sudden load changes. The demand side seems to have
insufficient support to the market for new capacity planning to ensure this
coverage. This problem can be solved by producing additional capacity.
Basically, it is aimed to reduce investment risk for production companies and /
or investors and to provide higher supply security and lower price fluctuations
to consumers. The concern of not investing in electricity generation capacity
to meet the maximum load level has led to investments in capacity utilization
in the form of capacity mechanisms of developed and developing states. In this
study, an academic analysis of the capacity mechanism of the renewable energy
resources and the capacity analysis of the capacity mechanism were made and
expert opinions were presented, the latest developments in the energy market
were examined and the reliability solutions that could be appropriate to the
national electricity market were proposed

Keywords

capacity mechanism, electricity market, operation reserves, power quality, supply security

References

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