An Overview of Power System Flexibility: High Renewable Energy Penetration Scenarios

Md Motinur Rahman, Saikot Hossain Dadon, Miao He, Michael Giesselmann and Md Mahmudul Hasan ()
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Md Motinur Rahman: Department of Electrical Engineering, College of Engineering and Computer Science, Arkansas State University, Jonesboro, AR 72467, USA
Saikot Hossain Dadon: Department of Electrical Engineering, College of Engineering and Computer Science, Arkansas State University, Jonesboro, AR 72467, USA
Miao He: Department of Electrical and Computer Engineering, Texas Tech University, Lubbock, TX 79409, USA
Michael Giesselmann: Department of Electrical and Computer Engineering, Texas Tech University, Lubbock, TX 79409, USA
Md Mahmudul Hasan: Department of Electrical Engineering, College of Engineering and Computer Science, Arkansas State University, Jonesboro, AR 72467, USA

Energies, 2024, vol. 17, issue 24, 1-31

Abstract: Power system flexibility is becoming increasingly critical in modern power systems due to the quick switch from fossil fuel-based power generation to renewables, old-fashioned infrastructures, and a sharp rise in demand. If a power system complies with financial restrictions and responds quickly to unforeseen shifts in supply and demand, it can be considered flexible. It can ramp up production during periods of high demand or increase it during unanticipated or scheduled events. The broad use of renewable energy in the power grid can provide environmental and economic benefits; nevertheless, renewables are highly stochastic in nature, with variability and uncertainty. New management with adequate planning and operation in the power system is necessary to address the challenges incorporated with the penetration of renewable energy. The primary aim of this review is to provide a comprehensive overview of power system flexibility, including appropriate definitions, parameters, requirements, resources, and future planning, in a compact way. Moreover, this paper potentially addresses the effects of various renewable penetrations on power system flexibility and how to overcome them. It also presents an emerging assessment and planning of influential flexibility solutions in modern power systems. This review’s scientific and engineering insights provide a clear vision of a smart, flexible power system with promised research direction and advancement.

Keywords: renewable resources; power system flexibility; flexibility measurement and provision; flexibility resources; flexible power market; flexibility assessment and planning (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2024
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