An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power Plants

In a centralized wholesale power system market scenario, the transmission and distribution constraints limit dispatch and require additional generation to support an integrated area known as Security Generation. This one must be covered in each area, and its cost transferred to the final users. The...

Full description

Saved in:
Bibliographic Details
Main Authors: Jorge Ivan Silva-Ortega, Hernan Hernandez Herrera, Idi Amin Isaac Millan, Jorge Wilson Gonzalez Sanchez, Zaid Garcia-Sanchez, Yamile Diaz Torres, John William Grimaldo-Guerrero
Format: Article
Language:English
Published: EconJournals 2024-12-01
Series:International Journal of Energy Economics and Policy
Subjects:
Online Access:https://econjournals.com./index.php/ijeep/article/view/17182
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1846111794915966976
author Jorge Ivan Silva-Ortega
Hernan Hernandez Herrera
Idi Amin Isaac Millan
Jorge Wilson Gonzalez Sanchez
Zaid Garcia-Sanchez
Yamile Diaz Torres
John William Grimaldo-Guerrero
author_facet Jorge Ivan Silva-Ortega
Hernan Hernandez Herrera
Idi Amin Isaac Millan
Jorge Wilson Gonzalez Sanchez
Zaid Garcia-Sanchez
Yamile Diaz Torres
John William Grimaldo-Guerrero
author_sort Jorge Ivan Silva-Ortega
collection DOAJ
description In a centralized wholesale power system market scenario, the transmission and distribution constraints limit dispatch and require additional generation to support an integrated area known as Security Generation. This one must be covered in each area, and its cost transferred to the final users. The security generation cost gets higher when operation implicates the use of thermal power plants whose price equation depends on international fuels costs. This paper examines the consequences of a high reliance on thermal power plants. It focuses on scheduled reserves affecting electricity unit costs and the potential for constraints to lead to long-term consequences. The paper analyzes the security generation behavior based on reports and uses a real scenario to support simulations and decisions, evidencing monthly cost and an estimated CO2 emission. Results show the direct cost-saving potential of investing in renewable projects and technology. The paper can allow to replicate the analysis in comparable areas and regions with similar challenges.
format Article
id doaj-art-db2b9d5d774844ab8610c96b54de981c
institution Kabale University
issn 2146-4553
language English
publishDate 2024-12-01
publisher EconJournals
record_format Article
series International Journal of Energy Economics and Policy
spelling doaj-art-db2b9d5d774844ab8610c96b54de981c2024-12-23T01:04:06ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532024-12-0115110.32479/ijeep.17182An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power PlantsJorge Ivan Silva-Ortega0Hernan Hernandez Herrera1Idi Amin Isaac Millan2Jorge Wilson Gonzalez Sanchez3Zaid Garcia-Sanchez4Yamile Diaz Torres5John William Grimaldo-Guerrero6Universidad de la Costa, Barranquilla, Colombia,Universidad Simon Bolivar, Facultad de Ingenierías, Barranquilla, Colombia,Universidad Pontificia Bolivariana, Medellín, Colombia,Universidad Pontificia Bolivariana, Medellín, Colombia,Universidad de Cienfuegos, Cuba,Universitat de les Illes, España,Universidad de la Costa, Barranquilla, Colombia. In a centralized wholesale power system market scenario, the transmission and distribution constraints limit dispatch and require additional generation to support an integrated area known as Security Generation. This one must be covered in each area, and its cost transferred to the final users. The security generation cost gets higher when operation implicates the use of thermal power plants whose price equation depends on international fuels costs. This paper examines the consequences of a high reliance on thermal power plants. It focuses on scheduled reserves affecting electricity unit costs and the potential for constraints to lead to long-term consequences. The paper analyzes the security generation behavior based on reports and uses a real scenario to support simulations and decisions, evidencing monthly cost and an estimated CO2 emission. Results show the direct cost-saving potential of investing in renewable projects and technology. The paper can allow to replicate the analysis in comparable areas and regions with similar challenges. https://econjournals.com./index.php/ijeep/article/view/17182Ancillary Service, Power System Constraints, Thermal Power Plants, Security Generation
spellingShingle Jorge Ivan Silva-Ortega
Hernan Hernandez Herrera
Idi Amin Isaac Millan
Jorge Wilson Gonzalez Sanchez
Zaid Garcia-Sanchez
Yamile Diaz Torres
John William Grimaldo-Guerrero
An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power Plants
International Journal of Energy Economics and Policy
Ancillary Service, Power System Constraints, Thermal Power Plants, Security Generation
title An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power Plants
title_full An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power Plants
title_fullStr An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power Plants
title_full_unstemmed An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power Plants
title_short An Integrated Analysis of Technical and Economic Problems to Support Power System Constraints with a Highly Dependence of Thermal Power Plants
title_sort integrated analysis of technical and economic problems to support power system constraints with a highly dependence of thermal power plants
topic Ancillary Service, Power System Constraints, Thermal Power Plants, Security Generation
url https://econjournals.com./index.php/ijeep/article/view/17182
work_keys_str_mv AT jorgeivansilvaortega anintegratedanalysisoftechnicalandeconomicproblemstosupportpowersystemconstraintswithahighlydependenceofthermalpowerplants
AT hernanhernandezherrera anintegratedanalysisoftechnicalandeconomicproblemstosupportpowersystemconstraintswithahighlydependenceofthermalpowerplants
AT idiaminisaacmillan anintegratedanalysisoftechnicalandeconomicproblemstosupportpowersystemconstraintswithahighlydependenceofthermalpowerplants
AT jorgewilsongonzalezsanchez anintegratedanalysisoftechnicalandeconomicproblemstosupportpowersystemconstraintswithahighlydependenceofthermalpowerplants
AT zaidgarciasanchez anintegratedanalysisoftechnicalandeconomicproblemstosupportpowersystemconstraintswithahighlydependenceofthermalpowerplants
AT yamilediaztorres anintegratedanalysisoftechnicalandeconomicproblemstosupportpowersystemconstraintswithahighlydependenceofthermalpowerplants
AT johnwilliamgrimaldoguerrero anintegratedanalysisoftechnicalandeconomicproblemstosupportpowersystemconstraintswithahighlydependenceofthermalpowerplants
AT jorgeivansilvaortega integratedanalysisoftechnicalandeconomicproblemstosupportpowersystemconstraintswithahighlydependenceofthermalpowerplants
AT hernanhernandezherrera integratedanalysisoftechnicalandeconomicproblemstosupportpowersystemconstraintswithahighlydependenceofthermalpowerplants
AT idiaminisaacmillan integratedanalysisoftechnicalandeconomicproblemstosupportpowersystemconstraintswithahighlydependenceofthermalpowerplants
AT jorgewilsongonzalezsanchez integratedanalysisoftechnicalandeconomicproblemstosupportpowersystemconstraintswithahighlydependenceofthermalpowerplants
AT zaidgarciasanchez integratedanalysisoftechnicalandeconomicproblemstosupportpowersystemconstraintswithahighlydependenceofthermalpowerplants
AT yamilediaztorres integratedanalysisoftechnicalandeconomicproblemstosupportpowersystemconstraintswithahighlydependenceofthermalpowerplants
AT johnwilliamgrimaldoguerrero integratedanalysisoftechnicalandeconomicproblemstosupportpowersystemconstraintswithahighlydependenceofthermalpowerplants