Incorporation of Market Signals for the Optimal Design and Operation of Flexible Post-Combustion Capture Systems
The presentation was delivered at the 2022 American Institute of Chemical Engineers (AIChE) annual meeting.
Gooty, Radhakrishna↗
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The Distribution System Operator with Transactive (DSO+T) Study
The Distribution System Operator with Transactive (DSO+T) study investigates the engineering and economic performance of a transactive energy retail market coordinating a high penetration of customer-side flexible energy assets. The study seeks to answer whether such an implementation is cost effective for customers, recovers sufficient revenue for DSOs, and is equally applicable and beneficial to a range of flexible asset types, renewable generation scenarios, and market assumptions. Using a highly interdisciplinary co-simulation and valuation framework, this assessment encompasses the entire electrical delivery system from bulk system generation and transmission, through the distribution system, to the modeling of individual customer buildings and flexible assets (including heating, ventilation, and air conditioning [HVAC] units, water heaters, batteries, and electric vehicles). The study exercises a transactive energy retail market coordination scheme designed to integrate with an existing day-ahead and real-time competitive wholesale electricity market. Software decision-making agents are designed for the retail market operator as well as various price-responsive flexible assets. The engineering and economic performance of the transactive energy scheme is studied for two separate flexible asset deployments: flexible loads (HVAC units and residential water heaters) and behind-the-meter batteries. The results of each transactive case are compared to a business-as-usual case. These cases are subject to two different renewable generation scenarios, a moderate renewable generation scenario, representative of current levels of renewable generation deployment, and a future high renewables scenario, including the increased deployment of rooftop solar photovoltaic and electric vehicles. The transactive coordination scheme is shown to produce effective and stable control and decrease peak loads 9–15%. The resulting annual demand flexibility provides net economic savings of $3.3–5.0B per year for a region the size of Texas. Detailed analysis shows that net benefits were seen for a range of distribution system operator, customer, and flexible asset types. Both participating customer (with transactive flexible assets) and nonparticipating customers (with nonflexible assets) see reductions in annual utility bills and net annual energy expenses in the range of 10–16%.
29 ENERGY PLANNING, POLICY, AND ECONOMY↗
Distribution System Operator with Transactive (DSO+T) Study: Volume 1 (Main Report)
The Distribution System Operator with Transactive (DSO+T) study investigates the engineering and economic performance of a transactive energy retail market coordinating a high penetration of customer-side flexible energy assets. The study seeks to answer whether such an implementation is cost effective for customers, recovers sufficient revenue for DSOs, and is equally applicable and beneficial to a range of flexible asset types, renewable generation scenarios, and market assumptions. Using a highly interdisciplinary co-simulation and valuation framework, this assessment encompasses the entire electrical delivery system from bulk system generation and transmission, through the distribution system, to the modeling of individual customer buildings and flexible assets (including heating, ventilation, and air conditioning [HVAC] units, water heaters, batteries, and electric vehicles). The study exercises a transactive energy retail market coordination scheme designed to integrate with an existing day-ahead and real-time competitive wholesale electricity market. Software decision-making agents are designed for the retail market operator as well as various price-responsive flexible assets. The engineering and economic performance of the transactive energy scheme is studied for two separate flexible asset deployments: flexible loads (HVAC units and residential water heaters) and behind-the-meter batteries. The results of each transactive case are compared to a business-as-usual case. These cases are subject to two different renewable generation scenarios, a moderate renewable generation scenario, representative of current levels of renewable generation deployment, and a future high renewables scenario, including the increased deployment of rooftop solar photovoltaic and electric vehicles. The transactive coordination scheme is shown to produce effective and stable control and decrease peak loads 9–15%. The resulting annual demand flexibility provides net economic savings of $3.3–5.0B per year for a region the size of Texas. Detailed analysis shows that net benefits were seen for a range of distribution system operator, customer, and flexible asset types. Both participating customer (with transactive flexible assets) and nonparticipating customers (with nonflexible assets) see reductions in annual utility bills and net annual energy expenses in the range of 10–16%.
29 ENERGY PLANNING, POLICY, AND ECONOMY↗
Conceptual Design of Integrated Energy Systems via Multiscale Market Simulations and Surrogate Models for Market Interactions
This final report describes novel capabilities developed as part of DISPATCHES, Design Integration and Synthesis Platform to Advance Tightly Coupled Hybrid Energy Systems, for designing hybrid energy systems (HES) a.k.a. integrated energy systems (IES) in the context of a larger electricity market. Capabilities are demonstrated on case studies for nuclear and renewable power.
29 ENERGY PLANNING, POLICY, AND ECONOMY↗
Enabling Principles for Dual Participation by Energy Storage as a Transmission and Market Asset
Because the electric transmission system is sized to meet the highest levels of customer demand, much of its designed capacity goes unused during average operating conditions. As a uniquely flexible and scalable asset capable of providing multiple grid services, energy storage can be deployed to support the transmission system and then also provide services to energy markets when not needed for transmission. This paper reviews the technical barriers in transmission planning practices and energy market design that prevent the realization of dual-use energy storage projects that provide both regulated transmission and competitive market services. Current practices create barriers against the identification of energy storage in the transmission planning process and against the participation of a regulated transmission asset in competitive energy markets. A review of regional transmission plans identifies best practices for including energy storage in the planning process by directing planners to proactively identify such projects or by providing clear mechanisms for stakeholders to propose them. Creating a market participation model for dual-use energy storage assets requires establishing when an asset will be allowed to participate in the market, how it will participate in the market, and where it will recover its costs. In answering these questions, key principles must be satisfied, such as prioritizing reliability, incrementally building on existing market design, and balancing competing objectives. Several policy options exist for satisfying those principles, giving grid operators and stakeholders significant flexibility in developing a dual-use participation model in accordance with regional policies and conditions. By objectively framing the issue and identifying policy options, this paper may inform subsequent proceedings on dual-use energy storage and be a resource to regional market operators, utilities, developers, regulators, policymakers, and other stakeholders as they collectively work on this complex issue.
24 POWER TRANSMISSION AND DISTRIBUTION↗
Impact of FERC Order 2222 on DER Participation Rules in US Electricity Markets
Electricity markets in the bulk grid are beginning to implement market mechanisms that support the procurement of flexible capabilities from wide range of technologies, including distributed energy resources (DERs). The flexibility of these resources will help counterbalance supply uncertainties from large-scale integration of variable renewable generation. To encourage development of distributed and aggregated market participants, FERC Order 2222 was issued in September 2020 to require each Independent System Operator (ISO) in the US to implement rules that enable broader participation from aggregations of DERs in the bulk market. The following paper first describes the generic design of ISO markets before introducing the new market participation rules that ISOs have proposed for compliance with Order 2222. The paper then describes how software performance issues may continue to affect the eligibility requirements and offer structures for DER aggregations participating in ISOs, noting that continued research on computational methods may help reduce burdens for DER integration. The prospects for transmission and distribution system coordination is second major issue discussed, which will require minor changes to existing processes in the short term. In the longer term, there is more opportunity for more wide-ranging reforms, such as the development of a Distribution System Operator (DSO) framework. Newly proposed market rules may affect how Transactive Energy Systems (TES) will help facilitate efficient formation of DER aggregations and operation of the individual DERs within an aggregation. Within the TES context, the challenge is to fully understand how resource eligibility and operational and planning coordination methods will affect the design and implementation of TES.
24 POWER TRANSMISSION AND DISTRIBUTION↗
50 MW Segmented Ultralight Morphing Rotors for Wind Energy
A multi-institutional team designed a 50 Megawatt (MW) rated wind turbine featuring downwind aeroelastic morphing to reduce blade loads and allow an ultralight segmented rotor (mass reduction of about 25% compared to a conventional upwind rotor). The team used a control co-design approach with state-of-the art simulations including for the rotor and tower design using non-linear fluid-structure interactions and control algorithms, and the team also designed, built, and field-tested an aeroelastically-scaled downwind rotor to demonstrate this novel technology and validate the design tool fidelity. In a follow-on phase, these results were used along with an updated Levelized Cost Of Energy (LCOE) methodology to co-design a more detailed set of 25 MW rated turbine designs (including individual pitch control) based on minimum LCOE with highly flexible blades for an Atlantic Ocean offshore fixed-bottom design targeted towards market technology evaluation. A set of upwind and downwind designs at 25 MW rated scales were found to provide the best LCOE, with strong improvements over all previous offshore reference turbines (NREL 5MW, DTU 10 MW and IEA 15 MW). The optimized design would represent the world’s largest offshore turbine design, which combines several state-of-the-art structural, aerodynamic, and control technologies into a new and optimized system concept.
17 WIND ENERGY↗
Driving Uptake for Energy Efficiency Financing Programs: Marketing and Outreach, Partnership Networks, and Program Design Considerations
Many energy efficiency financing programs could achieve greater uptake and impact by more effectively recruiting participants. This report examines some of the primary factors that have contributed to high participant uptake among successful financing programs. We review best practices in partnerships (Chapter 2), direct marketing (Chapter 3), and program design (Chapter 4) that facilitate robust participation. This report is primarily designed for state and local governments that have established energy efficiency financing programs or are considering doing so and are seeking insight into how they can ramp up program participation. In disseminating lessons learned from well-established programs that have experienced success in their target markets, the objective is to help scale up the large number of energy efficiency financing programs that seek to replicate these successes. This report can inform states, local governments, and other entities that will establish or expand clean energy financing programs with funding made available under the Infrastructure Investment and Jobs Act and the Inflation Reduction Act.
29 ENERGY PLANNING, POLICY, AND ECONOMY↗
Cost and Performance Requirements for Flexible Advanced Nuclear Plants in Future U.S. Power Markets
Advanced reactor developers are at various stages of commercializing new products and must design for future market environments that will exist when their plants are available. It is therefore critical to have a clear understanding about what plants will need to cost to be attractive investments, and what performance characteristics will create the most value for plant owners. This study is among the first to model the substantial contribution that flexible advanced reactors can make towards reliable, responsive, affordable, and clean future energy systems by supplying clean dispatchable generating capacity. Advanced reactor technologies could make a major contribution to lowering the overall system cost while reducing emissions and improving the performance of future energy systems. Depending on specific market conditions, it may also be beneficial to co-locate thermal energy storage systems (ESS).
22 GENERAL STUDIES OF NUCLEAR REACTORS↗
Allocation Mechanisms in Rationed Markets
Economic theory has come to play an important role in power system operations through the design of wholesale markets that are central to their operation. Furthermore, transactive energy places economic theory as a cornerstone in its operational concept as it seeks to integrate the technical needs of the power system with the preferences of its participants. Traditionally the mechanism employed is the continuous double-auction but de-pending on the circumstances the power system find itself in, this mechanism may or may not be the most appropriate, i.e. a one-size fits all market institution cannot be recommended without regard for the features of the underlying trading environment. This paper seeks to explain the economic rationale that guides the choice of a market institution and takes recourse to a theoretical demonstration in the context of a rationed power system scenario where demand exceeds generation (due to any number of events such as outages, microgrid operation, etc) and electrical energy must be rationed to better understand which types of mechanisms are most appropriate.
transactive energy, power system economics, econom↗
Developing energy flexibility in clusters of buildings: A critical analysis of barriers from planning to operation
This paper examines building energy flexibility at an aggregated level and addresses the main barriers and research gaps for the development of this resource across three design and development phases: market and policy, early planning and design, and operation. We review methodologies and tools and discuss barriers, challenges, and opportunities, incorporating policy, economic, technical, professional, and social perspectives. Although various legal and regulatory frameworks exist to foster the development of energy flexibility for small buildings, financing mechanisms are limited with a significant number of perceived risks undermining private investment. For the early planning and design phase, planners and designers lack appropriate tools and face interoperability challenges, which often results in insufficient consideration of demand response programs. The review of the operational phase highlighted the socio-technical challenges related to both the complexity of deployment and communication, as well as privacy and acceptability issues. Finally, the paper proposes a number of targeted research directions to address challenges and promote greater energy flexibility deployments, including capturing building demand side dynamics, improving baseline estimations and developing seamless connectivity between buildings and districts.
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗
Conceptual Design of Integrated Energy Systems with Market Interaction Surrogate Models
Most integrated energy system (IES) optimization frameworks employ the price-taker approximation, which ignores important interactions with market and can result in overestimated economic values. In this work, we pro-pose a machine learning surrogate-assisted optimization framework to quantify the IES/market interactions and thus go beyond price taker. We use time series clustering to generate representative IES operation profiles for the IES optimization problem and use machine learning surrogate models to predict the IES/market interaction. We quantify the accuracy of the time series clustering and surrogate models in a case study to optimally retrofit a nuclear power plant with polymer electrolyte membrane electrolyzer to co-produce electricity and hydrogen.
Chen, Xinhe↗
Multiperiod Conceptual Design of Integrated Energy Systems with Market Interaction Surrogate Models
Explore the source record for details and available documents.
Rawlings, Edna Soraya↗
Conceptual Design of Integrated Energy Systems with Market Interaction Surrogate Models
Most integrated energy system (IES) optimization frameworks employ the price-taker approximation, which ignores important interactions with the market and can result in overestimated economic values. In this work, we propose a machine learning surrogate-assisted optimization framework to quantify IES/market interactions and thus go beyond price-taker. We use time series clustering to generate representative IES operation profiles for the optimization problem and use machine learning surrogate models to predict the IES/market interaction. We quantify the accuracy of the time series clustering and surrogate models in a case study to optimally retrofit a nuclear power plant with a polymer electrolyte membrane electrolyzer to co-produce electricity and hydrogen.
Chen, Xinhe↗
A Perspective of Decarbonization Pathways in Future Buildings in the United States
The commitment of electrification and decarbonization goals in the United States (U.S.) will significantly change the performance of future buildings. To meet these goals, it is critical to summarize the existing research related to building electrification and decarbonization and discuss future research pathways. This paper provides a perspective on decarbonization pathways of future buildings in the U.S. A critical review of the existing research was conducted, which is divided into three closely linked categories: technologies, economic impacts, and code regulations. Technologies support investments and code regulations while marketing affects the design of building codes and standards. In the meantime, code regulations guide the development of technologies and marketing. Based on the review, future potential research directions for building decarbonization are then discussed. Due to the needs of building decarbonization, future research will be multidisciplinary, conducted at a large geographic scale, and involve a multitude of metrics, which will undoubtedly introduce new challenges. The perspective presented in this paper will provide policy-makers, researchers, building owners, and other stakeholders with a way to understand the impact of electrification and decarbonization of future buildings in the U.S.
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATI↗
Multicriteria-Based Selection of Microalgae Biorefineries: Biomass Composition Defines the Most Suitable Product Portfolios
The supply of microalgae-derived biofuels and bioproducts will be vital in a global-scale bioeconomy. As the diversity of microalgae strains and their compositional plasticity may yield a wide array of products of market interest, the design of effective biorefineries is a central aspect in the path to making microalgae-based products available in the market. In this way, the conversion of microalgae biomass should be planned to employ mature technologies, while maximizing economic and environmental benefits obtained from a diverse product portfolio. This study applied sequential, hybrid Multicriteria Decision Analyses (MCDA) to aid the decision-making process of outlining the most suitable biorefining pathways for specific compositional profiles. For this, the methodology simultaneously considered multiple technical, economic, and environmental criteria, such as market aspects for the main algae-derived products, potential reduction in greenhouse gas (GHG) emissions provided by the biobased alternatives, and technology readiness level of conversion routes, among others. The framework was tested using productivity and compositional data for 13 high-productivity summer strains cultivated under varying nutrient availability. The analysis pointed to compositional profile being a key driver in defining the core biorefining strategy of algae biomass, with lipid-to-carbohydrate ratios higher than roughly 1 warranting the preferential processing of lipids into hydrocarbon fuels with the remainder of the algae biomass compounds being sent to higher-value applications, such as carboxylic acids and renewable thermoplastic substitutes. An in-depth process simulation, techno-economic assessment (TEA), and life-cycle analysis (LCA) effort was carried out as a closing step to corroborate the results stemming from the proposed framework. This study validates the use of MCDAs as a screening method prior to implementing more time-consuming analysis techniques and makes a compelling case for this approach as a product selection tool on a wide range of algae species, thus helping establish species-agnostic (but composition-driven) biorefineries.
biofuels↗
Control co-design under uncertainty for offshore wind farms: Optimizing grid integration, energy storage, and market participation
Offshore wind farms (OWFs) are set to significantly contribute to global decarbonization efforts. Developers often use a sequential approach to optimize design variables and market participation for grid-integrated offshore wind farms. However, this method can lead to sub-optimal system performance, and uncertainties associated with renewable resources are often overlooked in decision-making. Here, this paper proposes a control co-design approach, optimizing design and control decisions for integrating OWFs into the power grid while considering energy market and primary frequency market participation. Additionally, we introduce optimal sizing solutions for energy storage systems deployed onshore to enhance revenue for OWF developers over time. This framework addresses uncertainties related to wind resources and energy prices. We analyze five U.S. west-coast offshore wind farm locations and potential interconnection points, as identified by the Bureau of Ocean Energy Management (BOEM). Results show that optimized control co-design solutions can increase market revenue by 3.2% and provide flexibility in managing wind resource uncertainties.
Control Co-design↗
IEA PVPS Task 13 Techno-Economic Study of Bifacial Photovoltaic Systems on Single Axis Trackers
The International Energy Agency PVPS Task 13 has assembled an international team of photovoltaic (PV) researchers from government labs, academia, and industry to study the specific application of bifacial PV modules deployed on tracking systems. This configuration is of particular interest as it has been identified as the PV system design with the lowest Levelized Cost of Electricity (LCOE) for over 90% of the world [1]. As such, much research, development, and commercial activity are focused on further optimizing this system design for different regions and markets, including field deployment and advanced modeling activities. Despite these efforts, many challenges remain to overcome with this system design. This conference paper will report on several areas the team is working on as part of this project. The first part of this study focuses on extensive interviews with PV tracker companies (we have identified 35) and customers worldwide to identify emerging technology trends, design diversity, market environments, and the reliability and performance of these systems. We will provide a market summary of technologies such as advanced tracking algorithms, methods for dealing with topography within the PV plant, different system configurations and layouts, backside irradiance optimization from albedo enhancement, and ground sculpting. We will also review dual-use applications of tracked bifacial systems, such as Agrivoltaics and Building-Integrated PV. These interviews are underway now, and we will be able to report our initial findings at the conference. The second part of the study focuses on summarizing performance monitoring and evaluation methods, with particular attention to capacity and acceptance testing for such systems. The third part of the study reviews performance modeling and yield assessment methods for these tracked bifacial PV systems. The final part of the study covers reliability and operations, and maintenance data from these systems.
albedo↗