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Lau, Jessica

Publications and source records attributed to Lau, Jessica.

System Resilience Benefits of Dual-Fuel Capable Generators

The growing dependency on natural gas (NG) for power generation raises challenges for ensuring the resilience of power systems during extreme cold weather. Dual-fuel capable generators that can switch from burning NG to distillate fuel oil during a NG shortage offer one way to alleviate these challenges. In this study, the impacts of gas unavailability on the IEEE 73- bus reliability test system (RTS) with 2019 updated generation mixture are explored. An extension to the standard production cost model formulation of unit commitment and economic dis- patch is proposed to allow representation of dual-fuel capable generators that can switch fuels between NG and distillate oil with a specified oil tank capacity and tank refueling capability. The operation of the system under gas unavailability with 0%, 25%, 50%, 75%, and 100% of combined cycle and combustion turbine generators as dual-fuel capable with a one-day supply of fuel oil are simulated using PLEXOS, a production cost model. The dual-fuel generator performance, unserved energy, and system costs are fully assessed.

duel-fuel generator performance↗

System Resilience Benefits of Dual-Fuel Capable Generators

The growing dependency on natural gas (NG) for power generation raises challenges for ensuring the resilience of power systems during extreme cold weather. Dual-fuel capable generators that can switch from burning NG to distillate fuel oil during an NG shortage over one way to alleviate these challenges. In this study, the impacts of gas unavailability on the IEEE 73-bus reliability test system (RTS) with 2019 updated generation mixture are explored. An extension to the standard production cost model formulation of unit commitment and economic dispatch is proposed to allow the representation of dual-fuel capable generators that can switch fuels between NG and distillate oil with a specified oil tank capacity and tank refueling capability. The operation of the system under gas unavailability with 0%, 25%, 50%, 75%, and 100% of combined cycle and combustion turbine generators as dual-fuel capable with a one-day supply of fuel oil are simulated using PLEXOS, a production cost model. The dual-fuel generator performance, unserved energy, and system costs are fully assessed.

dual-fuel capable generator↗

The Value of Increased HVDC Capacity Between Eastern and Western U.S. Grids: The Interconnections Seam Study

The Interconnections Seam Study examines the potential economic value of increasing electricity transfer between the Eastern and Western Interconnections using high-voltage direct-current (HVDC) transmission and cost-optimizing both generation and transmission resources across the United States, proposing, assessing, justifying, and illustrating a major infrastructure change involving two of the worlds largest power grids. The study conducted a multi-model analysis that used co-optimized generation and transmission expansion planning and production cost modeling. Four transmission designs under eight scenarios were developed and studied to estimate costs and potential benefits. The results show benefit-to-cost ratios that reach as high as 2.5, indicating significant value to increasing the transmission capacity between the interconnections under the cases considered, realized through sharing generation resources and flexibility across regions.

24 POWER TRANSMISSION AND DISTRIBUTION↗

Impact of operating reserve rules on electricity prices with high penetrations of renewable energy

In competitive wholesale electricity markets, significant effort is devoted to designing markets that set efficient prices for maintaining supply-demand balance. One factor that can impact prices is administratively-set scarcity pricing, which sets prices to a preset level when the market is not able to meet operating reserve or energy requirements. When energy and operating reserves are co-optimized, assumptions surrounding operating reserve requirements and scarcity pricing can impact system-wide price outcomes for both operating reserves and energy. This study uses production cost modeling of an ERCOT-like system to evaluate the impact of operating reserve eligibility, scarcity pricing, and quantity rules on electricity prices, and therefore also on generator revenues. Results reveal economic and operational benefits with allowing open participation in reserve markets, as this enables greater access to the full set of capable resources at lowest cost. Furthermore, both energy and reserve prices are strongly impacted by reserve scarcity pricing events, which reveals that reserve scarcity pricing assumptions can impact price outcomes even for units not providing reserves. This study highlights the importance of operating reserve scarcity pricing rules because of the strong coupling between energy and reserve prices and because these rules serve as proxies for true price responsive demand.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

The Value of Increased HVDC Capacity Between Eastern and Western U.S. Grids: The Interconnections Seam Study

The Interconnections Seam Study examines the potential economic value of increasing electricity transfer between the Eastern and Western Interconnections using high-voltage direct-current (HVDC) transmission and cost-optimizing both generation and transmission resources across the United States. The study conducted a multi-model analysis that used co-optimized generation and transmission expansion planning and production cost modeling. Four transmission designs under eight scenarios were developed and studied to estimate costs and potential benefits. The results show benefit-to-cost ratios that reach as high as 2.9, indicating significant value to increasing the transmission capacity between the interconnections under the cases considered, realized through sharing generation resources and flexibility across regions.

13 HYDRO ENERGY↗

Maximizing Distributed Energy Resource Value for All Stakeholders

To fully understand the potential value of distributed energy resources (DER) in supporting a power system transformation, it requires engagement with diverse stakeholders. In May 2019, NREL brought together people across the DER community to collaborate and identify questions, needs, and an action plan to integrate DER and maximize their value for the entire energy community. This paper reflects the process and dialogue that took place and can be used as a framework for maximizing DER value for all stakeholders.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗