| Summary: | The design of future decarbonized power systems is one of the most relevant and challenging problems that power system planners are facing nowadays. It is expected that Combined-Cycle Gas Turbines (CCGTs) play a relevant role in these systems to provide peak power and reserve capacity when intermittent power units be unavailable. However, the large computational size of planning problems has prevented so far from modeling the actual operation of CCGTs accurately. This paper intends to quantify the effect of the modeling of CCGTs in the generation capacity expansion problem. For doing that, the operation of CCGTs is modeled using a mixed-integer linear formulation that considers different operation modes. Afterwards, generation expansion decisions in a realistic case study are analyzed using different accuracy degrees for modeling the operation of CCGTs. The numerical results suggest that the simplification of the modeling of the operation of CCGTs overestimates the flexibility provided by these units, which increases the capacity installed from renewable units between 15 and 25%.
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