Open AccessMarket Integration Scheme of a Multi-Terminal HVDC Grid in the North Seas
Author(s) -
Stamatios Chondrogiannis,
Marta Poncela Blanco
Publication year - 2016
Publication title -
ieee transactions on power systems
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 3.312
H-Index - 263
eISSN - 1558-0679
pISSN - 0885-8950
DOI - 10.1109/tpwrs.2015.2465860
Subject(s) - power, energy and industry applications , components, circuits, devices and systems
The development of a multi-terminal (MT) high voltage DC (HVDC) grid based on voltage source converter (VSC) technology has been envisaged as a key development for harnessing the vast offshore wind production potential of the North Seas. In this paper, market integration of a centrally dispatched MT HVDC Grid based on droop control is examined. Particular emphasis is given on the management of onshore imbalance volumes due to offshore wind power forecast errors. The economic importance of the control choices of the operator of such an active transmission grid is highlighted, and regulatory implications are briefly discussed. The main contribution of the paper is the coherent development of a droop-controlled MT HVDC grid scheme that integrates optimal power flow (OPF) dispatch, and imbalance volume management.