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Long-Term Probabilistic Evaluation of Operating Reserve Requirements With Renewable Sources

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This paper proposes a new methodology based on Monte Carlo chronological simulation to evaluate the operating reserve requirements of generating systems with large amounts of renewable energy sources. The authors’ objective is to build a new probabilistic approach to assess several performance indices, bearing in mind long-term planning. They propose a new set of indices to measure the availability of different types of operating reserve, and they then discuss different planning criteria.