Integrated DA Coordination of DER Considering Reliability Constraints for Participation in the Renewable Energy Certificate Market in South Korea: A Case Study in a DER Complex

Abstract

Due to the penetration of renewable energy sources increasing in South Korea, problems related to system reliability have been emerging. Thus, localized control methods have also been gaining attention as one of the measures. However, due to the AOs (asset owners) lacking management experience of coordinating resources between the BESS (battery energy storage system) and the renewable device, there have been multiple issues related to damages caused by fire. Thus, the governmental reliability committee in South Korea has recently mandated an order adding reliability constraints to the SoC (state of charge) management and incentives for the AOs to follow the reliability constraints as specified, despite concerns from the AOs that the order possibly reduces their revenues. Thus, this study provides a structured analysis, for the first time, on how the incentive and the reliability constraints influence and interact with each other in coordinated operating schemes between BESSs and renewables as integrated scheduling systems. In the base case, the current scheduling method was applied. In case 1, profit maximization was introduced to confirm the effectiveness of the structured operation. In case 2, a reliability constraint was added, and a reliability constraint with incentives was added in case 3 to confirm the effects thereafter on the revenue streams.

Metropolitan water purification facilities towards variability mitigation of the renewable resources: Optimal bid method for small hydropower generators

“…Lee. et al [ 12 ] and Ko. et al [ 13 ] asserted potential technical flexibility as synergy effects through structured coordination among the decentralized resources in the power system controlling the variability locally.…”