Characterizing HVDC Transmission Flexibility under Extreme Operating Conditions

System operators rely on system flexibility, traditionally mainly from generation, to handle unexpected reliability and resilience events, ranging from excessive resource forecast errors to extreme events like heatwaves, earthquakes, and cyberattacks. Flexible transmission, such as controllable high voltage direct current (HVDC) transmission systems present an opportunity to increase overall system flexibility to accommodate operational challenges. This paper provides a methodology to study contributions to system flexibility by controllable, power electronics based transmission. The Western Electricity Coordinating Council (WECC) system is used as an example to study contributions from existing and future HVDC lines. Under extreme system conditions, it is identified that HVDC transmission flexibility can contribute with 24.8 to 28% of avoided unserved energy, and in some areas, the benefits amount to 50 to 70%.