Assessing the contribution of nightly rechargeable grid-scale storage to generation capacity adequacy

Since it may be the case that stores must take power export decisions without the benefit of complete information about the state of the system, a methodology is presented for calculating bounds on the value of such information for supporting generation adequacy. A greedy strategy is proven to be optimal for the case where decisions can be made immediately after a generation shortfall event has occurred, regardless of the decision maker's risk aversion. The adequacy contribution of multiple stores is examined, and algorithms for coordinating their responses are presented.