“…This perspective suggests a need for improvement to the resource adequacy assessment framework 25 used in this paper by disaggregating for clarity cross-border system so that investment is synchronized for both hard and soft infrastructure across the integrating domestic markets.…”
Section: Discussionmentioning
confidence: 99%
“… 32 https://doi.org/10.3390/math10234486 Hypothetical Electric Power Grid System (PGS) Daware 33 https://www.electricaleasy.com/2016/01/electrical-power-grid-structure-working.html Resource Adequacy Assessment Framework (RAAF) Carvallo et al. 25 https://emp.lbl.gov/publications/implications-regional-resource Earned Value Analysis (EVA) Proaño-Narváez et al. 34 https://www.pmi.org/learning/library/earned-value-management-systems-analysis EVA Analysis curve Proaño-Narváez et al.…”
Section: Methodsmentioning
confidence: 99%
“…The framework helps to ensure real-time safe and reliable operations of the grid for sufficiently reliable power supply and to incentivize construction of new resources needed for future grid reliability in a cost effective and flexible manner. 25 …”
“…This perspective suggests a need for improvement to the resource adequacy assessment framework 25 used in this paper by disaggregating for clarity cross-border system so that investment is synchronized for both hard and soft infrastructure across the integrating domestic markets.…”
Section: Discussionmentioning
confidence: 99%
“… 32 https://doi.org/10.3390/math10234486 Hypothetical Electric Power Grid System (PGS) Daware 33 https://www.electricaleasy.com/2016/01/electrical-power-grid-structure-working.html Resource Adequacy Assessment Framework (RAAF) Carvallo et al. 25 https://emp.lbl.gov/publications/implications-regional-resource Earned Value Analysis (EVA) Proaño-Narváez et al. 34 https://www.pmi.org/learning/library/earned-value-management-systems-analysis EVA Analysis curve Proaño-Narváez et al.…”
Section: Methodsmentioning
confidence: 99%
“…The framework helps to ensure real-time safe and reliable operations of the grid for sufficiently reliable power supply and to incentivize construction of new resources needed for future grid reliability in a cost effective and flexible manner. 25 …”
“…Rather than risk occurring only if there are not enough thermal resources online to meet peak load, a shortfall event might occur any time of the day due to low renewable resource during high or low load hours. To capture interactive effects and ensure adequacy, it is important for planning tools to consider a resource's location, model more granular timescales, and test all time periods for potential risk (Carvallo et al 2023).…”
Section: Modern Developments Require Greater Model Detail Which Prese...mentioning
“…This section explores how changing RA standards and practices may affect the planning practices that are used to define investments in power systems, with a focus on integrated resource planning (IRP) developed by regulated utilities and transmission planning developed by RTOs and ISOs. Resource adequacy is an integral part of the IRP process (Carvallo et al, 2021) as well as a key responsibility for ISOs and RTOs.…”
Section: Impact Of Changes In Resource Adequacy Assessments On Planni...mentioning
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