Purpose of Review
This paper focuses on the advances in the resilience of electricity systems and energy markets. The objective is to identify how the progress on system resilience may influence market rules while uncovering the gaps in the literature.
Recent Findings
This review distills three findings. First, significant advances have been achieved both in the design and configuration of power systems for resilience. Second, topological and architectural advances appear isolated from market operations. Third, there is room to integrate self-healing resilience into power systems and bridge the bifurcation between increasing network resilience and having the market adequately value resilience.
Summary
Evidently, the incidences of disruptions to electricity networks are on the rise, making a change from having a merely reliable electricity network to one that is resilient and adaptive a necessity. This review showcases the qualitative value inherent in processes to enhance adaptive resilience while promoting the requisite signals for power market integration.
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Meta-analysis of the strategies for self-healing and resilience in power systems
This paper presents a survey of the literature on the strategies to enhance the resilience of power systems while shedding lights on the research gaps. Using a deductive methodology on the literature covering the resilience of power systems, we reviewed more than two hundred peer-reviewed articles spanning the 2010–2019 decade. We find that there is vacuum on the level of integration that considers the interdependence of local or decentralized decision making in an adaptive power system. This gap is widened by the absence of policies to enhance resilience in power networks. While there is significant coverage and convergence of research on algorithms for solving the multi-objective problem in optimization routines, there are still uncharted territories on how to incorporate system degradation while designing these self-restoration systems. We posit that a shift to a smarter, cleaner and more resilient power network requires sustained investments rather than disaster-induced responses.
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- Award ID(s):
- 1847077
- NSF-PAR ID:
- 10317109
- Date Published:
- Journal Name:
- Advances in applied energy
- Volume:
- 4
- ISSN:
- 2666-7924
- Format(s):
- Medium: X
- Sponsoring Org:
- National Science Foundation
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- Free Publicly Accessible Full Text
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Accepted Manuscript1.0
- Journal Article:
- https://doi.org/10.1016/j.adapen.2021.100036
