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Search indexed NASA NTRS and DOE OSTI research on propulsion, heat transfer, battery materials and energy systems. Follow report and document links to the original sources.

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29 records · Page 2

Enabling Grid-Aware Market Participation of Aggregate Flexible Resources

Increasing integration of distributed energy resources (DERs) within distribution feeders provides unprecedented flexibility at the distribution-transmission interconnection. With the new FERC 2222 order, DER aggregations are allowed to participate in energy market. To enable market participation, these virtual power plants need to provide their generation cost curves. This paper proposes efficient optimization formulations and solution approaches for the characterization of hourly as well as multi-time-step generation cost curves for a distribution system with high penetration of DERs. Network and DER constraints are taken into account when deriving these cost curves, and they enable active distribution systems to bid into the electricity market. The problems of deriving linear and quadratic cost curves are formulated as robust optimization problems and tractable reformulation/solution algorithm are developed to facilitate efficient calculations. The proposed formulations and solution algorithm are validated on a realistic test feeder with high penetration of flexible resources.

aggregated distributed energy resources↗

DSO+T: Transactive Energy Coordination Framework (DSO+T Study: Volume 3)

This report describes a transactive energy coordination scheme designed to integrate into existing day-ahead and real-time wholesale energy markets. This scheme was evaluated in the Distribution System Operator with Transactive (DSO+T) study to assess the engineering and economic performance of the transactive energy coordination of a large-scale deployment of distributed energy resources (DER). Transactive agents were developed for a range of DERs (heating, ventilation, and air conditioning units, water heaters, batteries, and electric vehicles) that optimize flexibility over a 48-hour horizon and adjust their strategy in response to changes in real-time prices. A transactive energy coordination scheme, executed by a DSO retail market operator, aggregates these DER bids from participating customers and clears them against a DSO supply curve using a double auction market mechanism. The process of constructing the price-quantity DSO supply curve includes distribution-level transportation constraints (for example, substation congestion limits) and forecast locational marginal price of the DSO’s connected transmission node. The resulting day-ahead and real-time quantities are then bid into a competitive wholesale market operated by an independent system operator. This report also details additional capabilities for proper marketplace simulation such as wholesale price, weather, and load forecasting. The report concludes with a discussion of lessons learned and key design features required to ensure successful operation.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

A Model for Optimally Allocating Curbside Space Among Competing Uses

The emergence of various new forms of urban mobility services in recent years is leading to new pressures on curbside space. Municipalities, the entities typically responsible for managing the curbside, are in many instances handling these growing pressures by reallocating portions of the curbside away from traditional uses (such as metered and residential parking) in favor of uses such as ridehailing, scooter and bike-share corrals. As yet, however, such actions are being undertaken on an ad-hoc basis, due to the rapidly growing complexity of the curbside and the lack of standard analytical approaches. This lack of analytical capability is due to the traditional focus of transportation network modeling being focused predominantly on the interaction of supply and demand on links and nodes, with limited focus on link edges (the curbside). In this paper we address this research need by proposing a framework for modeling inter-modal competition for curbside space, inspired by the classical Bid-Rent Model of urban land use, intended to support curb managers to move towards maximizing the aspects of economic welfare that relate to curb access. In the bi-level model, choices made by the curbside manager impact travelers’ mode choices, and vice versa. We then present a simple numerical case study to demonstrate the properties of the proposed model, showing its tractability, flexibility, and intuitive sensitivity to systematic variation in inputs. The framework demonstrates the type of adaptive and evolving approach needed to maximize benefits from increasingly dynamic curb management strategies. The paper concludes with a brief discussion of future research needs to advance this line of inquiry.

33 ADVANCED PROPULSION SYSTEMS↗

Tri-Level Scheduling Model Considering Residential Demand Flexibility of Aggregated HVACs and EVs Under Distribution LMP

Residential loads, especially heating, ventilation and air conditioners (HVACs) and electric vehicles (EVs), have great potentials to provide demand flexibility which is an attribute of grid-interactive efficient buildings (GEB). Under this new paradigm, first, EV and HVAC aggregator models are developed in this paper to represent the fleet of GEBs, in which the aggregated parameters are obtained based on a new approach of data generation and least squares parameter estimation (DG-LSPE), which can deal with heterogeneous HVACs. Then, a tri-level bidding and dispatching framework is established based on competitive distribution operation with distribution locational marginal price (DLMP). Furthermore, the first two levels form a bilevel model to optimize the aggregators’ payment and to represent the interdependency between load aggregators and the distribution system operator (DSO) using DLMP, and the third level is to dispatch the optimal load aggregation to all residents by the proposed priority list-based demand dispatching algorithm. Finally, case studies on a modified IEEE 33-Bus system illustrate three main technical reasons of payment reduction due to demand flexibility: load shift, DLMP step changes, and power losses. They can be used as general guidelines for better decision-making for future planning and operation of demand response programs.

24 POWER TRANSMISSION AND DISTRIBUTION↗

Market-Integrated Optimization of Wind-Battery-Hydrogen Hybrids for Peaking Capacity via Storage

As Integrated Energy Systems (IES) combine multiple energy and storage technologies to provide potentially more value and less risk via resource diversification, complementary overbuild, increased flexibility, and revenue-stacking, IES value is dependent on electricity market dispatch and grid interactions should play an important role in IES design and operation. This study hybridizes and retrofits wind and combustion turbine plants to study the impacts of replacing gas generation capacity with wind, battery, PEM electrolysis, hydrogen tanks and hydrogen turbines. The optimized design is co-simulated in a production cost model with different bidding strategies in order to compare performance and highlight the importance of grid-interactions. We analyze the revenue and dispatch changes as well as the price and cost implications of wind-battery-hydrogen IESs.

electrolysis↗

Improving Wind Power Market Value with Various Aspects of Diversification: Preprint

The wind generation share in many European bidding zones is already large enough to impact the market value of wind power and wind energy is getting less-than-average market price in day-ahead markets. As alternatives to investing in dedicated energy storage, there are two main ways to mitigate the decreasing market value trend, the first being different diversification measures (geographical spread, alternative wind turbine technologies, integration with solar), and the second being demand flexibility measures. Examples of these measures from some European and USA studies are given in this article, which stems from the international collaboration under IEA Wind TCP Tasks 25 and 53.

diversification↗

Energy Storage to Enable Electricity as a Commodity

A lack of large-scale economical storage, demand-side flexibility, and the need to instantaneously balance supply and demand cause challenges for electricity as a commodity. With typical commodities, stock from periods of high production can be stored and sold during low production, smoothing demand and supply shocks. In electricity markets, high storage costs have long outweighed benefits, negating convenience yield; no-arbitrage models do not apply, and typical hedging strategies cannot be performed due to infinite carry costs. However, the mechanics of energy trading are changing due to advancing storage technologies, more price-responsive demands, and virtual bidding in electricity markets, shaping a system where electricity storage can be valued on factors other than diurnal arbitrage. We examine the valuation of electricity storage through the lens of commodity markets to assess the impacts of large-scale storage deployment.

energy storage↗

Application of Intelligent Load Control to Manage Building Loads to Support Rapid Growth of Distributed Renewable Generation

Electricity utilities are faced with the mounting challenge of providing a stable supply of power to meet the growing demand while also integrating rapid growth in distributed variable renewable generation. Traditional means of balancing short- and long-term supply and demand imbalance will be expensive. Alternative approaches of using flexible loads in buildings are needed to mitigate the imbalance at a lower cost. This paper shows how the intelligent load control (ILC) process can be used to manage loads in buildings by dynamically prioritizing loads for curtailment using both quantitative and qualitative criteria. The ILC process can be deployed on low-cost computing platforms without the need for any additional sensing. ILC was first validated in a simulation environment to provide two grid service use cases: (1) managing monthly peak electricity demand and (2) managing buildings’ electricity consumption during a capacity bidding event. After being successfully tested in a simulation environment, ILC was deployed on real buildings to manage electricity consumption to provide two different use cases under different outdoor operating conditions. Both the simulation tests and the real building experiments were deployed using VOLTTRON™, a distributed sensing and control platform. The results from the tests and experiments showed that ILC was able to manage the controllable loads (heat pumps) in the building to maintain the electricity consumption at the desired level without a significant impact on occupant comfort. Overall, the results demonstrate that the ILC allows coordination of the controllable loads and provides a more intelligent means of load management than the traditional duty-cycling approach.

Kim, Woohyun↗

Capacity Markets for Transactive Energy Systems

Capacity markets provide important incentives for resource adequacy in electricity markets and may become more important for providing sufficient revenue and generation capacity with changes to energy market prices driven by increasing levels of zero marginal cost resources. However, current capacity market designs also have important shortfalls that may limit the benefits they can provide to the future grid. Current capacity markets are primarily designed for participation from conventional thermal generators, but markets are evolving with increasing levels of variable renewable energy resources. However, further reforms may be necessary to enable more participation from DERs and demand-side resources. To understand the benefits and shortfalls of current capacity market design, we review the historical reasons electricity markets have needed capacity markets or capacity payments for resource adequacy, and how current capacity market designs may create challenges for incorporating increasing levels of DERs and demand-side resources. We then consider how transactive systems, which allow the coordination of bids and offers for DERs and demand-side resources through a market interaction approach, administered by a Distribution System Operator (DSO), can address traditional resource adequacy problems due to inelastic consumer demand. We also consider the need for a DSO-level capacity market in helping to meet resource adequacy, reliability, and other electricity market objectives. We find that because the missing money in electricity markets is largely driven by incentives to meet resource adequacy goals, and the bulk grid would always supply power to the DSO, that resource adequacy is unlikely to be a determining factor in the need for a DSO-level capacity market. Many current reliability problems could also be addressed by the incorporation of more flexible demand enabled with transactive energy systems. However, other DSO objectives, including resilience, reactive power, voltage control, environmental policies, and energy equity could lead to specific challenges that could be aided by a DSO-level capacity market. We consider the possibility of a DSO-level capacity market in addressing these challenges as well as its potential role in coordinating with the Independent System Operator (ISO) who operates the wholesale market. We conclude with suggestions for future research, including the need to develop analytical models of DSO-level capacity market designs to address these potential objectives and examine their implications for DSOs and consumers.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Rethinking the Price Formation Problem–Part 2: Rewarding Flexibility and Managing Price Risk

In this study, part 1 of this two-part paper describes the impact that uncertainty has on the design and analysis of price formation policies in the non-convex auctions conducted by U.S. wholesale electricity market operators. Using first a toy model and then a large-scale test system, Part 2 demonstrates the difference in prices under the idealized benchmark of ex ante convex hull pricing defined in Part 1 versus existing methods, in particular documenting the potential for suppression of volatility and therefore under-compensation of flexibility by existing methods. The examples highlight that inefficient spot price formation can induce inefficient forward commitments of generators, necessitating out-of-market intervention to restore a reliable and efficient operating plan.Given the potential side effects of existing policies for investment and operation, we suggest two elements in a reoriented approach to the price formation problem: first ensuring that prices exhibit full-strength volatility, and second ensuring that risk-averse market participants have sufficient ability to manage this volatility.

24 POWER TRANSMISSION AND DISTRIBUTION↗