Search NASA⌕ Search

SEARCH · Search NASA

Results for “production cost modeling”

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.

Quote a phrase for an exact phrase match. Source license links do not imply unrestricted reuse.

At least 73 records · Page 4

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↗

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↗

LDES-Sizing-and-siting-model (Power grid test cases for long-duration energy storage (LDES) siting) [SWR-25-75]

This repository contains code and data for performing a siting analysis of long-duration energy storage (LDES) in the 5-bus and RTS systems using the Sienna suite developed by the National Renewable Energy Laboratory for production cost modeling (PCM). This analysis involves moving the LDES component to different buses in the system, running a simulation, and considering the production cost of the simulation. Different system configurations are also analyzed with these scripts (such as moving load or renewable dispatch generators to different buses) to observe the impacts the system configuration has on optimal siting. This repository contains three sub directories discussed below. Both the 5-bus and RTS systems have two different initial configurations for the renewable energy components in them, one that is predominantly PV-driven and one that is predominantly wind-driven. Sienna suite can be found here: https://github.com/NREL-Sienna

Cole, David [University of Wisconsin]↗

Storage Futures Study: Grid Operational Impacts of Widespread Storage Deployment

This report, the fifth in the Storage Futures Study series, uses cost-driven scenarios from the ReEDS model as a starting point to examine the operational impacts of grid-scale storage deployment and relationships between this deployment and the contribution of variable renewable energy. We use commercial production cost modeling software to evaluate hourly operation of five scenarios that reach between 210 gigawatts (GW) and 930 GW of installed storage by 2050. We find that storage plays an important role in these power systems between now and 2050 - by storing the lowest-marginal cost generation (often, overgeneration from solar or wind plants) and generating energy during the highest net load periods of the day and year. Storage helps with the integration of variable renewable energy and by providing an important resource to provide continued reliable power.

battery↗

Multiscale Electricity Modeling for Evaluating Carbon Capture and Sequestration Technologies (MEME-CCS)

This effort employs and adapts a rigorous multiscale electricity modeling platform at the National Renewable Energy Laboratory (NREL) to evaluate carbon capture and sequestration (CCS) and negative emissions technologies (NET) from the ARPA-E FLECCS program. NREL's modeling platform includes the Regional Energy Deployment System (ReEDS) electric sector capacity expansion model, which projects future electricity generation mixes at sub-state-level resolution that are downscaled to the unit-level to enable hourly, zonal or nodal electricity production cost modeling in the PLEXOS model. The ReEDS-PLEXOS modeling suite is well-established for examining electric sector futures with high renewable energy penetrations, energy storage, electrification, and distributed generation. The key advancement proposed herein utilizes collaboration with CCS experts at the University of Wyoming (U.WY) and the FLECCS technology development teams to create innovative methods for representing CCS and NET in the ReEDS and PLEXOS models. Expanded technology options and new operational parameterizations are integrated into these models to allow an unprecedented combination of scope and resolution for exploring the future of CCS and NET. The resulting capabilities permit wide-ranging scenario analysis to assess CCS and NET deployment under alternative scenarios of CO2 prices and competitiveness of flexible CCS and NET technologies. We demonstrate sample deployment and operational outcomes to show how these models are being used to assess the future potential for FLECCS technologies and their impacts on the U.S. electricity system. These products will help an emerging CCS/NET industry in the United States by providing economics-driven guidance to technology developers while informing policy and investment decisions in the public and private sectors.

capacity expansion↗

Operating Reserves in ReEDS

This presentation provides an overview of the formulation for operating reserves in the Regional Energy Deployment System (ReEDS), a capacity expansion model. It describes the three reserve products modeled in ReEDS--regulation, spinning (contingency), and flexibility--and highlights recent updates to the modeling approach, including modifications to how storage provides reserves, the constraints on commitment for generators that provide reserves, and the costs for thermal units to provide spinning reserve. The presentation benchmarks operating reserve provision in ReEDS against comparable simulations in PLEXOS, finding that the improved formulation is different but yields results that are holistically similar to those in production cost modeling. In this presentation we also investigate the impact of different reserve options in the model (e.g., allowing wind and solar to provide operating reserves) on the solution. The results thus far indicate that most switches related to operating reserves exert little influence on the outcome on the results. Future work will continue to explore operating reserves in capacity expansion models, particularly for models with different temporal resolution.

14 SOLAR ENERGY↗

Multiscale Electricity Modeling for Evaluating Carbon Capture and Sequestration Technologies (MEME-CCS)

This effort employs and adapts an existing, rigorous multiscale electricity modeling platform at the National Renewable Energy Laboratory (NREL) to evaluate carbon capture and sequestration (CCS) and negative emissions technologies (NET) from the ARPA-E FLECCS program. NREL's modeling platform includes the Regional Energy Deployment System (ReEDS) electric sector capacity expansion model, which projects future electricity generation mixes at sub-state-level resolution that are downscaled to the unit-level to enable hourly, zonal or nodal electricity production cost modeling in the PLEXOS model. The resulting hourly price data from PLEXOS is provided to technology developers under the ARPA-E FLECCS program to enable technology-specific economic analysis. The ReEDS-PLEXOS modeling suite is well-established for examining electric sector futures with high renewable energy penetrations, energy storage, electrification, and distributed generation. The key advancement proposed herein utilizes collaboration with CCS experts at the University of Wyoming and the FLECCS teams to create innovative methods for representing CCS and NET in the ReEDS and PLEXOS models. Expanded technology options, new operational parameterizations, and detailed data defining CO2 capture, transportation, and storage systems are being integrated into these models to allow an unprecedented combination of scope and resolution for exploring the future of CCS and NET. The resulting capabilities will take advantage of high-performance computing resources to permit wide-ranging scenario analysis to assess CCS and NET deployment under alternative CO2 prices, fossil fuel prices, electricity demand growth, and other electric sector characteristics. Final outcomes will include publicly available hourly grid operation and price data for any U.S. region of interest along with open-access capacity expansion tools for evaluating CCS/NET systems. These products will help an emerging CCS/NET industry in the United States by providing economics-driven guidance to technology developers while informing policy and investment decisions in the public and private sectors.

air capture↗

Impacts Analysis of Amendments to Mexico's Unit Commitment and Dispatch Rules

In Mexico, there are various amendments, approved and under discussion to significantly modify the order in which generation units are committed and dispatched. This report quantifies the potential impacts on Mexico's power system, utilizing a production cost model of the Mexican power system that analyzes the hourly optimal electricity dispatch of the Mexican electricity system for 1 year under four scenarios, a reference scenario, and three alternative scenarios. These scenarios are meant to evaluate the potential impacts of increasing participation of the state-owned power plants in generation mix, electricity production costs, emissions, and renewable curtailment.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Nodal Capacity Expansion Modeling with ReEDS: A Case Study of the RTS-GMLC Test System

Test systems play an important role in power systems analysis and are used extensively for a wide range of purposes like reliability analysis, production cost modeling, studying the impacts of load shifting, and many more. These test systems have continued to evolve over the years to keep pace with changing system compositions due to technology and policy changes. In this work, we apply the Regional Energy Deployment System (ReEDS) model, a large-scale capacity expansion model (CEM), on the nodal RTS-GMLC system to perform capacity expansion of the bus-level test system. This work both demonstrates that a large-scale CEM can successfully be applied to nodal systems, and that the CEM can allow a test system to be evolved to meet desired criteria. The process allowed the coupling of CEM data not available in the test system (such as capital costs) with test system data to provide plausible system evolutions in line with scenario specifications.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Climate Influences on Capacity Expansion Planning with Application to the Western U.S

Electric power system planners utilize a variety of planning tools to inform decisions concerning generation and transmission additions to the electric grid, the need for operational changes, and to evaluate potential stressors on the system. Numerous factors contribute to the planning process including projected fuel and technology costs, policy and load profiles. There is also a growing recognition of the interdependency of the electric grid with other natural and engineered systems. Here we explore how future climate change and hydropower operability might influence decisions related to electricity capacity expansion planning and operations. To do so we assemble a multi-model framework. Specifically, water resource modeling is used to simulate climate impacts on future water supply for thermoelectric and hydropower generation. Separately, temperature impacts on electricity load are evaluated. Together, these climate factors spatially constrain a capacity expansion model that projects generation and transmission additions to the grid. The projected new capacity-builds are then evaluated on their operations, reliability, and cost under average and extreme climate conditions using production cost modeling. This coupled framework is demonstrated on the electric grid in the Western U.S., supporting capacity expansion planning by WECC, the North American Electric Reliability Corporation (NERC) regional entity responsible for reliability assurance of the Western Interconnection. This region was selected in part because the West is unique in that it has high potential for renewable penetrations and is experiencing large retirements/displacements of baseload resources, primarily coal, leading to possible operational challenges in terms of changing resource mix and the need for resource flexibility. Toward this challenge, planning scenarios encompass a range of alternative energy, climate and drought futures. In this context we explore answers to two strategic questions: 1) How does changing climate influence electricity expansion planning (generation and transmission) and future operations, including type and capacity of new builds, system reliability, cost and environmental impacts? 2) How does the representation of hydropower in the modeling framework influence the evaluation of bulk power system operations? Results indicate that climate has a measurable influence on recommendations concerning the capacity, type and location of new generation and transmission additions, with up to 17 GW additional capacity needed by 2038 to meet peak loads (~6.6% increase over capacity-builds based on historical climate). The extent of additional infrastructure needs is strongly influenced by future water availability for hydropower and the potential deployment of demand response technologies. Systems designed for future climate conditions were found to maintain high system reliability under a range of electricity and water availability scenarios (including significant drought), with minimal system curtailments. Additional capacity needs due to higher load tend to increase cumulative 20-year investment and operating costs by $\$$5-$\$$17 billion and generation costs increase by 9 to 19%. Finally, changing the representation of hydropower flexibility has a relatively small influence on capacity expansion in the Western Interconnection through 2038, but hydropower flexibility impacts generation costs to a similar extent as climate.

13 HYDRO ENERGY↗

Hybrid Power Plant Bidding in Models of Future Electricity Systems

This paper proposes a stochastic model for hybrid power plants participation in day-ahead electricity markets, considering uncertainty in market prices and renewable generation. Additionally, it presents a methodology to incorporate this hybrid participation into existing production cost models (PCM), allowing the analysis and market design of future systems with high penetration of hybrids. These developments are illustrated using a wind-battery hybrid located in New York Independent System Operator (NYISO) footprint.

Kemp, Julie Mulvaney↗

Power System Operational Impacts of Electric Vehicle Dynamic Wireless Charging

The electrification of the transportation sector poses an opportunity for reducing greenhouse gas (GHG) emissions from passenger vehicles. Electric vehicle (EV) charging through dynamic wireless power transfer (DWPT), known as roadway electrification, could shift EV demand profiles to better coincide with renewable electricity generation. However, this would be a very large new load and few studies evaluate the regional impacts of DWPT charging in a power transmission system. This paper defines methods that address dataset generation for passenger vehicle trips and models to evaluate regional impacts for this emerging technology. Household vehicle miles traveled (VMT) data form localized EV demand profiles through discrete-event simulation. This data serves as exogenous inputs for a Production Cost Model (PCM) of a synthetic transmission system based on the Electric Reliability Council of Texas's (ERCOT) network. EV charging methods are compared for both a 2018 baseline generation mixture and a high-renewable generation case incorporating 20 GW of installed solar photovoltaic (PV) capacity. The PCM employs unit commitment and economic dispatch (UC&ED) models to compare financial, environmental, and grid reliability impacts from EV charging across passenger EV adoption levels. In-transit charging could reduce grid operational costs by as much as 1.49%, with up to $13.7B saved in annual vehicle operational costs for consumers compared to gas-powered vehicles. Health impacts analysis from power plant and vehicle tailpipe emissions from this study show net health benefits increase by 40% for in-transit charging coupled with high renewable generation. Renewable resources provide an avenue for cost-effective in-transit charging with reduced emissions. The combination of dataset generation and open-source power system modeling establish a foundation for the holistic evaluation of regional DWPT impacts.

dynamic wireless power transfer↗

Acquire and Test IDAES Framework Components

The cooperation under the Grid Modernization Initiative and the Applied Energy Tri-Laboratory umbrellas requires mutual understanding of capabilities and a common effort to identify gaps existing in the available computational modeling and analysis tools. In this work, we report acquisition and testing of the National Energy Technology Laboratory’s Institute for the Design of Advanced Energy Systems (IDAES) framework, particularly including both electric power systems production cost model simulator Prescient as well as system optimization IDAES itself. Further, we consider the methods in which developments in Prescient and IDAES for grid-energy simulation and optimization may be included in the Framework for Optimization of ResourCes and Economics (FORCE) ecosystem that has been under collaborative development by Idaho National Laboratory, Argonne National Laboratory, and Oak Ridge National Laboratory. We propose two integration methods to introduce Prescient and IDAES into existing FORCE automated workflows. One integration involves using Prescient as a market reduced-order model and IDAES models similar to how existing Modelica models are used. The other integration involves wrapping the Prescient-IDAES dispatch optimization process with the stochastic capacity optimization workflow in FORCE.

24 POWER TRANSMISSION AND DISTRIBUTION↗

2022 Standard Scenarios Report: A U.S. Electricity Sector Outlook

This report documents the eighth edition of the annual Standard Scenarios. It summarizes 70 forward-looking scenarios of the U.S. electricity sector that have been designed to capture a wide range of possible futures. In August 2022, the United States Congress passed the Inflation Reduction Act (IRA), a law aimed at accelerating U.S. decarbonization, clean energy manufacturing, and deployment of new power and end-use technologies. This year’s scenarios include representations of the main electricity-sector provisions from IRA and the potential impact on electricity demand. The Standard Scenarios are simulated using the Regional Energy Deployment System (ReEDS) model, which projects utility-scale electricity sector evolution for the contiguous United States using a system-wide, least-cost approach subject to policy and operational constraints. A subset of the scenarios are simulated in the PLEXOS production cost model to obtain a broader suite of metrics at the hourly resolution, which are made available through the National Renewable Energy Laboratory’s (NREL’s) annual Cambium data sets. The scenarios can be viewed and downloaded from NREL’s Scenario Viewer. Annual results are available for the full suite of scenarios in the Standard Scenarios projects in the viewer, whereas the Cambium projects contain hourly data for a subset of scenarios. The Standard Scenarios includes a scenario called the Mid-case, which has central or median values for core inputs such as technology costs and fuel prices, moderately paced demand growth averaging 1.3% per year, and electricity sector policies as they existed in September 2022 (including IRA). The remaining 69 scenarios are created by varying inputs such as technology and fuel prices, resource availability, demand growth, whether nascent generation technologies are allowed, and by introducing national decarbonization constraints.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Integrated Heat Pump Thermal Storage and Power Cycle for CSP (Final Technical Report)

Pumped thermal energy storage (PTES) is a storage system that stores electricity in thermal reservoirs. In this project, methods of integrating PTES with concentrating solar power (CSP) systems were investigated and their feasibility evaluated. Hybrid "solar-PTES" devices can provide both flexible renewable power generation as well as a variety of electricity storage services. Techno-economic models of PTES and solar-PTES were developed and used to assess their performance, cost, and commercial viability. Systems were optimized using multi-objective optimization techniques. The value that these storage devices provide to the grid was estimated using production cost modelling. Key advances made in this project include the development of detailed techno-economic models that improve state-of-the-art assessments of these technologies. Off-design models were developed and used in grid-analysis models. This work describes for the first time how PTES and solar-PTES behave over a range of operating points and assesses the value that these systems can provide to the electrical grid. Feedback was obtained from experts in the field, which clarified key technological and economic barriers that must be addressed to improve the feasibility of these devices.

14 SOLAR ENERGY↗

Market participation strategy of hybrid energy resources: A New York ISO case study

Drawing on existing market designs with independent resource participation in electricity markets, this study analyzes participation models for hybrid resources combining renewable generation and storage. Two models are considered: in the first, the components operate independently, with the Independent System Operator (ISO) managing the storage state of charge (SoC); in the second, the hybrid resource acts as an integrated unit, submitting offers as a “black box” and managing its SoC internally. Using a production cost model for the zonal New York Bulk Power System, we evaluate trade-offs in system reliability, market efficiency, and asset profitability. Our results provide several key insights for policymakers, showing that the ISO-managed granular model enhances social welfare through explicit SoC management, while the simpler integrated model is more computationally efficient, but may cause more real-time violations and lower overall profits.

Bansal, Rajni Kant↗

Weather Sensitive High Spatio-Temporal Resolution Transportation Electric Load Profiles For Multiple Decarbonization Pathways

Electrification of transport compounded with climate change will transform hourly load profiles and their response to weather. We present a novel approach to generating hourly electric load profiles that considers charging strategies and evolving sensitivity to temperature. The approach consists of downscaling annual state-scale sectoral load projections from the multisectoral Global Change Analysis Model (GCAM) into hourly electric load profiles leveraging high resolution climate and population datasets. Profiles are developed and evaluated at the Balancing Authority scale, with a 5-year increment until 2050 over the Western U.S. Interconnect for multiple decarbonization pathways and climate scenarios. The datasets are readily available for production cost model analysis. Our open source approach is transferable to other regions.

Decarbonization, tranportation, Electric vehicle c↗

Coordinated Ramping Product and Regulation Reserve Procurements in CAISO and MISO using Multi-Scale Probabilistic Solar Power Forecasts (Pro2R)

How can probabilistic solar forecasts lower costs and improve reliability for independent system operator (ISO) markets? We tackle this question in three steps. First, we enhance an existing solar forecasting system to provide well-calibrated hours-ahead probabilistic forecasts. We then relate the degree of uncertainty in those forecasts to error distributions for net load ramps for the California ISO (CAISO) using statistical and machine learning methods. Projected net load errors conditioned on solar uncertainty are translated into flexible ramp requirements that therefore reflect real-time meteorological and solar conditions, improving on typical ISO procedures. Finally, a multi-period look-ahead production cost model quantifies how conditional ramp requirements can a) decrease operating costs by lowering requirements compared to often conservative unconditional methods, and b) reduce generation scarcity events and consequently improve reliability by increasing flexibility requirements at times when unconditional forecast-based requirements understate actual ramp uncertainty. In addition to the products just described (quantification of solar uncertainty, its translation into requirements for ramp capability product, and quantification of the benefits of more accurate ramp requirements), this project also developed a visualization system that alerts system operators of ramp and uncertainty conditions within the network based on solar forecasts. The system is called Resource Forecast and Ramp Visualization for Situational Awareness (RaVIS). These four products represent significant advances in the state-of-the-art of probabilistic solar forecasting, development of weather-informed reserve requirements, production costing methods for estimating the benefits of more accurate reserve requirements, and visualization of system status, respectively. Yet the products are also practical and can be immediately implemented, potentially enabling system operators to save millions of dollars in ramp product procurement costs per year.

14 SOLAR ENERGY↗