If this work shows that there are significant benefits from incorporating reserve requirements in network planning, this could be used to consider changing network design standards to include reserve requirements in addition to considering peak demand conditions and constraint costs. It is proposed to carry out this analysis on predicted generation and demand background for the year 2020 and investigate whether the inclusion of generation and demand reserve in planning methodology would deliver economics benefits.
Imperial College will undertake a research project, under the supervision of Prof. Goran Strbac to establish this understanding and to propose alternative methodologies that might be practical to be applied to a real power system.
The research will: