ItemConference Paper

Market-Based Strategies for Enhancing Grid Resilience under High Renewable Penetration

Title
Market-Based Strategies for Enhancing Grid Resilience under High Renewable Penetration
Creator
Ghouse, Syed Mohammad; Nagaraju, E.; Prakash, Om; Zabiullah, Ismail; Gowda, Anil B; Sharief, Mohammed Ismail
Description
The rise in penetration of renewable energy sources (RES), especially wind and solar, presents important challenges to power system operation and electricity markets. Renewables cut emissions and are cheaper in the long run but are intermittent, creating volatility, uncertainty about revenues, and reliability risks. This study analyses the performance of markets in delivering resilience to the grid given high levels of renewables. A grid simulation over 24 hours was then developed in order to study four aspects of the problem; (i) Stability of revenues for the generators, (ii) Reduction in the cost of imbalances as a result of flexibility, (iii) Reliability in terms of Loss of Load Expectation (LOLE), and Energy Not Served (ENS), and (iv) the impact on costs for consumers. Findings show that flexibility participation reduces costs incurred due to imbalance by ? 60%, and resilience mechanisms reduce the effective tariff faced by consumers from 32/kWh to 6.8/kWh. Reliability indices also improve greatly when flexibility and ancillary services markets are introduced. In addition, a Particle Swarm Optimization (PSO) model was applied to find the optimum levels of renewable penetration and flexibility that result in the least total system cost, which correspond to approximately 0.7 for flexibility and approximately 55-65% for renewables. These results point to the economic and technical need for reengineered electricity markets that incorporate flexibility products, ancillary services, and resilience incentives. This dissertation provides a complete methodology of simulation, reliability metrics, and optimization to inform policy makers, system operators, and investors of resilient renewable dominated grids. 2025 IEEE.
Source
14th International Conference on Renewable Energy Research and Applications, ICRERA 2025;pp.1848-1853
Date
01-01-2025
Publisher
Institute of Electrical and Electronics Engineers Inc.
Subject
Ancillary services; Flexibility services; Grid resilience; Particle Swarm Optimization (PSO); Renewable energy integration
Coverage
Ghouse S.M., CMR University, School of Management, Karnataka, Bangalore, India; Nagaraju E., CMR University, School of Management, Karnataka, Bangalore, India; Prakash O., CMR University, School of Management, Karnataka, Bangalore, India; Zabiullah I., CMR University, School of Management, Karnataka, Bangalore, India; Gowda A.B., Christ University, Karnataka, Bangalore, India; Sharief M.I., CMR University, School of Management, Karnataka, Bangalore, India
Rights
Restricted Access; Hardcopy may be available in the library
Relation
ISBN: 979-833159989-8;
Format
online
Language
English
Type
Conference paper

Citation

Ghouse, Syed Mohammad; Nagaraju, E.; Prakash, Om; Zabiullah, Ismail; Gowda, Anil B; Sharief, Mohammed Ismail, “Market-Based Strategies for Enhancing Grid Resilience under High Renewable Penetration,” CHRIST (Deemed To Be University) Institutional Repository, accessed June 17, 2026, https://archives.christuniversity.in/items/show/26094.

Output Formats