AUTHOR=Ye Yujian , Wang Huiyu , Tang Yi TITLE=Market-based hosting capacity maximization of renewable generation in power grids with energy storage integration JOURNAL=Frontiers in Energy Research VOLUME=Volume 10 - 2022 YEAR=2022 URL=https://www.frontiersin.org/journals/energy-research/articles/10.3389/fenrg.2022.933295 DOI=10.3389/fenrg.2022.933295 ISSN=2296-598X ABSTRACT=

In an attempt to achieve net zero, the operation and planning of the energy system face techno-economic challenges brought by integrating large-scale distributed energy resources (DERs) with low carbon footprints. Previous work has analyzed the technical challenges including hosting capacity (HC) for DERs. In light of the deregulation of the power industry and the transition to power system with renewables at its center, this article takes the lead to maximizing renewable integration in power grids from a market viewpoint. It solves a significant problem brought forth by the fall in electricity prices, resulting from increasing renewable penetration that jeopardizes investment cost recovery and prevents sustainable grid integration of renewables. To this end, a novel bi-level optimization model is formulated, where the upper-level problem aims to maximize the HC of renewables ensuring the recovery of investment, and the lower-level problem describes the market clearing process considering network constraints. The optimal solution of devised bi-level problem can be found after reformulating it to a single-level mixed-integer linear problem (MILP) using the strong duality theorem and a special ordered set-type 1 (SOS1) founded linearization approach. Case studies confirm the significance of the devised model and quantitatively analyze the impact of different network capacities, renewable subsidies, and energy storage, respectively, on the market-based HC obeying its profitability constraint.