PROJECT TITLE :

Market Integration Scheme of a Multi-Terminal HVDC Grid in the North Seas

ABSTRACT:

The development of a multi-terminal (MT) high voltage DC (HVDC) grid based on voltage supply converter (VSC) technology has been envisaged as a key development for harnessing the vast offshore wind production potential of the North Seas. During this paper, market integration of a centrally dispatched MT HVDC Grid based on droop management is examined. Specific stress is given on the management of onshore imbalance volumes because of offshore wind power forecast errors. The economic importance of the management selections of the operator of such a full of life transmission grid is highlighted, and regulatory implications are briefly mentioned. The main contribution of the paper is the coherent development of a droop-controlled MT HVDC grid theme that integrates optimal power flow (OPF) dispatch, and imbalance volume management.