Quantifying the impact of energy storage as a transmission asset on composite power system reliability

dc.contributor.advisorBubbar, Kush
dc.contributor.advisorYoung-Morris, Greg
dc.contributor.authorFigueroa Parra, Josif Elias
dc.date.accessioned2024-06-11T14:53:34Z
dc.date.available2024-06-11T14:53:34Z
dc.date.issued2024-04
dc.description.abstractThis thesis explores the application of Composite System Reliability (CSR) assessment in power system planning, presenting an open-source evaluation tool developed in a dynamic programming language with Monte Carlo Simulation (MCS) and parallel computing capabilities. The tool addresses historical barriers by offering a transparent methodology and flexibility in incorporating various power flow methods and external solvers for large-scale projects. Energy storage, as a composite resource and transmission asset, presents both opportunities and challenges in power solutions. The thesis demonstrates the feasibility of calculating its equivalent transmission capability aligned with traditional alternatives, identifying optimal power and energy ratings for storage systems. While enhancing network adequacy, challenges such as capacity value saturation due to oversized systems are discussed. CSR assessments examine network changes' impact, emphasizing the necessity of informed decisions through security and economic analyses.
dc.description.copyright© Josif Elias Figueroa Parra, 2024
dc.format.extentxii, 109
dc.format.mediumelectronic
dc.identifier.urihttps://unbscholar.lib.unb.ca/handle/1882/37982
dc.language.isoen
dc.publisherUniversity of New Brunswick
dc.relationMITACS Accelerate Program
dc.relationAtlantic Canada Opportunities Agency
dc.relationÉnergie NB Power
dc.relationDigital Research Alliance of Canada
dc.relationACENET
dc.rightshttp://purl.org/coar/access_right/c_abf2
dc.subject.disciplineElectrical and Computer Engineering
dc.titleQuantifying the impact of energy storage as a transmission asset on composite power system reliability
dc.typemaster thesis
oaire.license.conditionother
thesis.degree.disciplineElectrical and Computer Engineering
thesis.degree.grantorUniversity of New Brunswick
thesis.degree.levelmasters
thesis.degree.nameM.Sc.E.

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