Energy Transition

Towards a robust integrated resource planning framework for low-carbon electricity systems under uncertainty in demand growth, technology costs, and weather-dependent generation. This research links capacity expansion planning, production cost simulation, planning reserve margin estimation, capacity credit evaluation, and resource adequacy assessment to understand how investment and operational decisions affect power system reliability. This is increasingly important in capacity markets, where quantifying reliability contributions is necessary to ensure sufficient revenue to recover investment in low-carbon power systems.