Methods for Representing Flexible, Energy-Constrained Technologies in Utility Planning Tools

Abstract

Capacity expansion models are widely used by power system researchers, planners, and policy analysts to evaluate alternative power system investment scenarios. With the increasing deployment of wind and solar in the US, there has been much focus on improving the representations of variable generation (VG) technologies within capacity expansion models. Models that capture the variable net-load profiles and larger reserve requirements associated with high penetration VG systems represent an improvement to classic capacity expansion models, but fall short of capturing the complexities associated with storage technologies, such as battery energy storage (BES) and concentrating solar power with thermal energy storage (CSP with TES). While difficult to model in a capacity expansion setting, these technologies are potentially competitive sources of flexibility with the intriguing characteristics of being able to absorb VG that would otherwise be curtailed and directly contribute to renewable energy goals, respectively. In this paper we present methods for accurately representing these technologies in a large-scale capacity expansion model with high electrical and geospatial resolution. VG modeling techniques, including novel methods for capturing curtailment due to unit commitment and other hourly dispatch phenomena, are also reviewed. Modeling for a region in the southwestern United States demonstrates the economic relevance of being able to explicitly trade off the costs and capabilities of energy-constrained technologies, especially BES, against other resources in the near-term, in time to make plans for the coming decade