arXiv · 2511.17715
Risk-Based Capacity Accreditation of Resource-Colocated Large Loads in Capacity Markets
Abstract
We study capacity accreditation of resource-colocated large loads, defined as large demands such as data center and manufacturing loads colocated with behind-the-meter generation and storage resources, synchronously connected to the bulk power system, and capable of participating in the wholesale electricity market as an integrated unit. Because the accredited capacity of a resource portfolio is not equal to the sum of its individual resources' capacity values, we adopt a risk-based capacity accreditation framework to evaluate the combined reliability contribution of colocated resources. Grounded in the effective load carrying capability (ELCC) metric, the proposed capacity accreditation employs a convex optimization engine that jointly dispatches colocated resources to minimize reliability risk. We apply the developed methodology to a hydrogen manufacturing facility with colocated renewable generation, storage, and fuel cell resources.
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Siying Li, Lang Tong, Timothy D. Mount. 2025-11-21. Risk-Based Capacity Accreditation of Resource-Colocated Large Loads in Capacity Markets. https://arxiv.org/abs/2511.17715
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