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Assessing the economic impacts for outages of HVDC-cables connecting the Nordic area and continental Europe

Abstract

The Nordic and especially the Norwegian hydro-based power production is in a favourable position to provide parts of required generation back-up capacity for RES in continental Europe. In order to provide this capacity, sufficient transfer capacity needs to be available. For such HVDC-cables, it is observed that outages do occur occasionally and can remain for long periods. During these events, back-up capacity could not be provided. The aim of the analysis presented in this paper is to assess the impact of HVDC-cable outages on the value of providing back-up generation capacity to continental Europe. In addition, the effects of transmission outages are compared to outages of thermal generation capacity.

Category

Academic chapter

Language

English

Author(s)

Affiliation

  • SINTEF Energy Research / Energisystemer
  • Norwegian University of Science and Technology
  • Statnett

Year

2016

Publisher

IEEE (Institute of Electrical and Electronics Engineers)

Book

2016 13th International Conference on the European Energy Market : EEM2016

ISBN

9781509012985

View this publication at Norwegian Research Information Repository