Modeling investment decisions from heterogeneous firms under imperfect information and risk in wholesale electricity markets
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Anwar, Muhammad Bashar (ORCID:0000000291846700)↗
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5-minute Wind Power Data based on WFIP2 WRF Simulation
The second Wind Forecast Improvement Project (WFIP2) was a public-private partnership funded by the U.S. Department of Energy and NOAA, aimed at enhancing the forecast skill of numerical weather prediction models for turbine-height winds in regions with complex terrain. An 18-month Weather Research and Forecasting (WRF) model simulation was conducted over the Pacific Northwest, with model outputs validated against observational data collected during WFIP2. Simulated wind speeds were used to estimate wind power generation using reV (the Renewable Energy Potential Model developed by NREL) at ten wind project sites. Two sets of results were produced: one using wind speeds extracted from the model grid cell at the project centroid, and another using wind speeds from the actual turbine locations. For each dataset, power output was calculated using both actual turbine-specific power curves and nine generic power curves to convert wind speed into power.
17 WIND ENERGY↗
DuraMAT FY 2023 Annual Report: Toward Reliability Forecasting
The Durable Module Materials Consortium (DuraMAT) launched in November 2016 with five years of funding from the U.S. Department of Energy s (DOE's) Solar Energy Technologies Office (SETO). The program renewed in 2022 for an additional 6 years. DuraMAT is a multi-lab consortium led by the National Renewable Energy Laboratory, with Sandia National Laboratories (Sandia) and Lawrence Berkeley National Laboratory (LBNL) as core research labs. DuraMAT's overarching goal is to accelerate a sustainable, just, and equitable transition to zero-carbon electricity generation by 2035. 2023 has been a wild ride in the solar industry. Photovoltaic (PV) manufacturing is coming back to the United States, and deployment is booming again. DuraMAT has a unique opportunity to support flourishing manufacturing and deployment over the next couple of years.
durable module↗
The relative influences of hydrologic information and dams’ hydropower scheduling decisions on electricity price forecasts
Price dynamics in wholesale electricity markets are driven by supply and demand. In markets with hydroelectric dams, the timing and amount of hydropower offered can influence prices in similar ways to wind and solar power. Unlike variable renewable energy, however, the supply of hydropower in wholesale markets is a function of both water availability and operational decisions at dams. Dam operators maximize revenues in wholesale markets by aligning generation with the periods of highest expected prices, and these scheduling decisions may in turn influence prices. Here, we examine the relative importance of two types of information in predicting forward electricity prices: a) water availability at dams, in the form of short-to-medium-range hydrological forecasts; and b) hourly scheduling decisions at dams. Using softly coupled hydrologic, hydropower scheduling, and power systems models spanning the U.S. Western Interconnection, we quantify the importance of hydrologic forecast accuracy in correctly predicting wholesale electricity prices and compare this with the influence of dam operators’ own hourly scheduling decisions on realized market prices. We find that aligning hydropower generation schedules with the periods of high forecasted prices causes larger, inadvertent price forecast errors than imperfect hydrologic forecasts. This suggests that knowledge of how water is managed by dam operators within the week is more important than weekly inflow forecast errors when predicting forward electricity prices. Our findings have implications for optimal hydropower scheduling by region. Specifically, accounting for price effects is critical in markets dominated by hydropower capacity.
Electricity markets↗
Bias Correction and Statistical Downscaling of Future Solar Irradiance Projections Using the NSRDB
Assessing renewable energy resources under future climate scenarios has been highlighted to understand potential impacts of future climate change in renewable generation on the power sector. Climate model projection has been recognized by the renewable energy community as a useful data set to analyze the impacts of future climate change on renewable resources. However, future climate projections generated from general circulation models (GCMs) contain inherent biases that need to be corrected for accurate analysis of future projections of climate variables. In addition, the coarse spatiotemporal resolution of GCMs needs to be improved for regional climate studies. In this work, we develop statistical methods to downscale future projections of global horizontal irradiance (GHI) in a computationally efficient way. Our approach builds statistical downscaling models that correct bias of climate projection of GHI and downscale the future GHI projection from daily-scale to hourly-scale. The National Solar Radiation Database (NSRDB) is used to calibrate the statistical models and validate the downscaled GHI projections across the contiguous United State (CONUS). Preliminary results show that the statistical approach efficiently downscales climate projections of GHI with a nBIAS of 3%, nMAE of 34 % and nRMSE of 46% calculated against NSRDB for CONUS. This study describes the implemented methodology and initial results as well as future research to create high-resolution climate data sets for solar energy applications.
analytical models↗
Advanced Offshore Hazard Forecasting to Enable Resilient Offshore Operations
Paper prepared for the Offshore Technology Conference, 2024. Hazards in the offshore environment can imperil successful energy operations, whether those operations are conventional, renewable, or for decarbonization. The expanding accessibility of data science and the advanced applications of machine learning (ML) models creates an opportunity to assess potential hazards and the infrastructure they impact. We present a use case demonstrating the combined application of published ML tools to U.S. federal waters of the Gulf of Mexico, an actively explored region for offshore energy that is affected by variable metocean conditions and geologic processes contributing to potential hazards.
Mark-Moser, Mackenzie K.↗
Chapter 4: Chemical Recycling of PET
The circular economy of poly(ethylene terephthalate) (PET) today is dominated by collection, sorting, cleaning, melting, and re-processing of transparent bottles via mechanical recycling. This has a better environmental impact as assessed by Life Cycle Assessment (LCA) (e.g. uses less non-renewable energy and produces less greenhouse gases) than production of virgin resin and is the preferred method of recycling wherever possible. However, not all PET products can be recycled this way and there is forecast to be a large shortfall between supply of high quality recycled PET (rPET) and the demands of large users who have made commitments to use more recycled resin over the next 5 - 10 years. Consequently, there is renewed interest, and increased activity, in chemical recycling, where waste PET is depolymerized, and the monomer(s) are purified and repolymerized into resin equivalent to that from petroleum-derived raw materials. The LCA is likely to be not as favorable as traditional mechanical recycling, but will likely be better than virgin PET and the process can be applied to a broader range of lower value wastes and thus promises to dramatically increase the overall recycling rate. In this chapter we will review the processes used in chemical recycling of PET, with the VolCat process from IBM as a detailed case study, followed by descriptions of the alternative technologies and emerging players in the field.
chemical recycling↗
Causes of and Solutions to Wind Speed Bias in NREL's 2020 Offshore Wind Resource Assessment for the California Pacific Outer Continental Shelf
This report provides the results of a detailed analysis into the causes of high wind speed bias in the 20-year wind resource data set for offshore California the National Renewable Energy Laboratory (NREL) released in 2020, herein called CA20. The data set was developed using the state-of-the-art Weather Research and Forecasting (WRF) model. Notably, no floating lidars were available at the time in offshore California to validate offshore hub-height wind speeds. In late 2020, the Pacific Northwest National Laboratory (PNNL) deployed two floating lidars in the California outer continental shelf (OCS), near the Bureau of Ocean Energy Management (BOEM) call areas of Humboldt and Morro Bay. Using these observations through 2021, NREL found considerable bias in modeled hub-height winds at both locations: up to +2 m/s at Humboldt over a 6-month period, and up to +1 m/s at Morro Bay over a one-year period. Upon the discovery of this bias, the Department of Energy (DOE) and BOEM funded NREL and PNNL to investigate the causes of, impacts of, and solutions to the bias in the CA20 data set. This report summarizes the findings of this research. We first investigated whether different WRF model setups could lead to reduced bias. We found that the choice of planetary boundary layer (PBL) scheme - which controls the vertical turbulent mixing of momentum, heat, and moisture in the lowermost part of the atmosphere - greatly affected hub-height wind speeds in the region. Specifically, switching from the Mellor-Yamada-Nakanishi-Niino (MYNN) scheme used in CA20 (and widely used across a range of operational and research weather models) to the less common Yonsei University (YSU) scheme nearly eliminated the bias at both the Humboldt and Morro Bay lidar locations. The large discrepancy between the MYNN- and YSU-modeled hub-height winds pointed towards the role of atmospheric stability. In general, PBL schemes agree well in conditions of high turbulence and mixing, normally referred to as "unstable" conditions. By contrast, PBL schemes start to diverge in "stable" conditions, where turbulence is low and thermal stratification (i.e., higher temperature air sitting on top of colder air) greatly suppresses vertical mixing. Under such conditions, winds aloft can decouple from surface effects and greatly accelerate, causing high wind speeds at hub-height and frequent low-level jets (LLJs). We determined that these stable conditions are in fact dominant in offshore California. The region is characterized by moderate-to-extreme stable stratification with a LLJ on average around 200 meters above sea-level. To our knowledge, no wind energy area globally has as strongly stable stratification as offshore California. Under these extreme conditions, we determined that the MYNN scheme models higher stability than YSU, resulting in less vertical turbulent mixing than YSU, allowing for the acceleration of hub-height winds, more intense LLJs, and higher-amplitude inertial oscillations. Using surface observations, we found that MYNN overestimates near-surface stability, whereas YSU tends to model stability better. We then considered several short-term case studies to assess additional meteorological drivers of the bias at Humboldt. We found that during synoptic scale northerly flows driven by the North Pacific High and inland thermal low, a coastal warm bias in the MYNN case studies contributes to the modeled wind speed bias by altering the boundary layer thermodynamics via a thermal wind mechanism. Given the strong performance of the YSU-based runs in offshore California, NREL has produced and published an updated version of the CA20 data set with YSU as the PBL scheme. This updated data set is now part of NREL's 2023 National Offshore Wind (NOW-23) data set, which covers all the U.S. offshore waters. The development and final validation of the NOW-23 data set in offshore California is documented in this report.
17 WIND ENERGY↗
Causes of and Solutions to Wind Speed Bias in NREL’s 2020 Offshore Wind Resource Assessment for the California Pacific Outer Continental Shelf
This report provides the results of a detailed analysis of the causes of high wind speed bias in the 20-year wind resource data set for offshore California that the National Renewable Energy Laboratory (NREL) released in 2020, herein called CA20. The data set was developed using the state-of-the-art Weather Research and Forecasting model. Notably, no floating lidars were available at the time in offshore California to validate offshore hub-height wind speeds. In late 2020, the Pacific Northwest National Laboratory (PNNL) deployed two floating lidars in the California Outer Continental Shelf, near the Bureau of Ocean Energy Management (BOEM) call areas of Humboldt and Morro Bay. Using these observations through 2021, NREL found considerable bias in modeled hub-height winds at both locations: up to +2 m/s at Humboldt over a 6-month period, and up to +1 m/s at Morro Bay over a 1-year period.
17 WIND ENERGY↗
Bias Characterization, Vertical Interpolation, and Horizontal Interpolation for Distributed Wind Siting Using Mesoscale Wind Resource Estimates
Much like their counterparts in utility-scale wind energy, developers of industrial, small-scale and distributed wind turbine deployments need to understand and accurately characterize the wind resource to properly assess the power generation and financial ramifications during siting and planning. National Renewable Energy Laboratory’s WIND (Wind Integration National Dataset) Toolkit (WTK) provides a best-in-class wind resource dataset generated using the Weather Research and Forecasting (WRF) model. This dataset includes parameters such as the wind speed, wind direction, and temperature at various heights, plus atmospheric stability near the surface. This data is available at 2-km spatial resolution and five-minute temporal resolution across 7 years, from 2007 to 2013 through a publicly accessible API interface. The Tools Assessing Performance (TAP) project seeks to extend this dataset to allow long term resource estimates and leverage it to better equip distributed wind equipment manufacturers, owner-operators, and installation professionals with better tools for practical siting applications. In this report, we present the results from our investigation within the TAP project focused on characterization of bias in WTK-based wind speed estimates and evaluation of vertical and horizontal interpolation techniques. We discuss the tradeoffs between different techniques and their combinations, as well as describe the lower bounds we determine for the studied validation errors. While the specific estimates we present are specific to WTK and the validation dataset we have chosen for this investigation (NREL's Wind Resource Meteorological Database), the overall analysis and the studied techniques are general enough to be applied to a broader set of wind datasets, both simulation-based and observational.
17 WIND ENERGY↗
Distribution Capacity Expansion Planning: Current Practice, Opportunities, and Decision Support
The distribution utility industry and its engineers are experiencing monumental shifts in consumer needs and expectations. Characterizing future native loads as compared to net load demand for long-term capacity planning is especially difficult, as consumers are increasingly adopting prosumer technologies. This paper is the culmination of 5 months of utility interviews coordinated by the National Renewable Energy Lab (NREL) and Kevala, Inc. (Kevala) to better understand distribution capacity planning challenges. The interviews covered all aspects of capacity planning including load and DER forecasting, criteria for assessing system constraints, solution types, and organizational and decision-making structures. Our intent is to provide insight into distribution capacity planning decision support needs for utilities and the increasing number of stakeholders involved, from state and regulatory agencies to community and solution providers with interest in increasing their understanding in the distribution capacity planning process.
29 ENERGY PLANNING, POLICY, AND ECONOMY↗
Dynamic Model Development of a Wind Power Plant Using Neural Net Method to Forecast Wind Power Output (CRADA Final Report)
This project is intended to model wind power plant based on monitored data at the wind power plant. This project will promote the university research in Renewable Energy area and trains the future highly qualified engineers. The dynamic model will be based on neural net model with the input from the two met towers (12 inputs), and the number of turbines in operation (one input). The overall input will be 13 inputs to drive the simulations. The output power at the point of interconnection will be used to tune the neural net weight coefficients. Two neural net concepts will be investigated (the back propagation neural net and the dynamic recurrent neural net with feedback).
17 WIND ENERGY↗
An Automatic Learning Framework for Smart Residential Communities
Predictability has been foundational to matching supply and demand in the day-to-day operation of the electric power system. Demand predictability is eroding because of the increased use of renewable energy resources and more sophisticated loads, such as electric vehicles and smart appliances. In this paper, an automatic software framework is described which can be used for load forecasting in smart communities. A time-varying clustering-based Markov chain approach is used to predict the energy consumption of residential buildings in a smart community. The training data is based on 1-minute meter data of occupied homes over one month. The data points are first clustered based on the energy consumption and the time of the day. Then, the original data is converted using the Centroids of the clusters. A time-varying Markov chain is subsequently trained to model the energy consumption behavior of residents for each home using the transformed data. The trained model is shown to successfully predict load in 5-minute intervals over a 24 hours period.
Zandi, Helia↗
Powering the Blue Economy: Progress Exploring Marine Renewable Energy Integration With Ocean Observations
The blue economy is a dynamic and rapidly growing movement that captures the interplay between economic, social, and ecological sustainability of the ocean and encompasses numerous maritime sectors and activities (e.g., commerce and trade; living resources; renewable energy; minerals, materials, and freshwater; and ocean health and data). The demand for ocean data to inform scientific, risk reduction, and national security needs is leading to a large increase in the number of deployed ocean observation and monitoring systems, most of which require increased power. Because ocean observation systems are often placed in remote locations, they primarily rely on energy storage (or in some cases in situ energy generation) to power instruments and equipment, which imposes limits on sampling rates, deployment times, and spatiotemporal resolution of data. The U.S. Department of Energy Water Power Technologies Office is exploring the potential for marine renewable energy (MRE) devices (largely wave and tidal energy converters) to provide power to support multiple blue economy opportunities. A portion of these opportunities focus on power at sea markets for providing power in off-grid and offshore locations to support a variety of ocean-based activities, including ocean observation and navigation, underwater vehicle charging, marine aquaculture, marine algae farming, and seawater mining. Initially, research has focused on better understanding how and where MRE can provide a consistent source of reliable power to extend ocean observing missions, including operation of autonomous underwater vehicles. Online surveys as well as phone and inperson interviews were conducted with experts in the field of ocean observing systems and observatories to gather end-user requirements, determine energy needs, identify opportunities for codevelopment, and pinpoint constraints for MRE to meet those needs. The surveys and interviews provided feedback on the potential for powering devices and vehicles using MRE, including identifying common themes and challenges that will inform foundational research and development steps needed to advance the integration of MRE with ocean observing systems. In most cases, additional power generation on the order of watts was identified as significantly beneficial to enhancing ocean observations capabilities.
marine renewable energy, powering the blue economy↗
A Bayesian Approach for Estimating Uncertainty in Stochastic Economic Dispatch considering Wind Power Penetration
The increasing penetration of renewable energy resources in power systems, represented as random processes, converts the traditional deterministic economic dispatch problem into a stochastic one. To estimate the uncertainty in this stochastic economic dispatch problem for forecasting purposes, the conventional Monte-Carlo method is prohibitively time-consuming for practical applications. To overcome this problem, here we propose a novel Gaussian-process-emulator-based approach to quantify the uncertainty in the stochastic economic dispatch considering wind power penetration. Facing high-dimensional real-world data representing the correlated uncertainties from wind generation, a manifold-learning-based Isomap algorithm is proposed to efficiently represent the low-dimensional hidden probabilistic structure of the data. In this low-dimensional latent space, with Latin hypercube sampling as the computer experimental design, a Gaussian-process emulator is used, for the first time, to serve as a nonparametric, surrogate model for the original complicated stochastic economic dispatch model. This reduced-order representative allows us to evaluate the economic dispatch solver at sampled values with a negligible computational cost while maintaining a desirable accuracy. Simulation results conducted on the IEEE 118-bus test system reveal the impressive performance of the proposed method.
17 WIND ENERGY↗
STOCHASTIC OPTIMAL POWER FLOW FOR REAL-TIME MANAGEMENT OF DISTRIBUTED RENEWABLE GENERATION AND DEMAND RESPONSE (Final Report)
To meet the grand challenge of a sustainable energy future, there has been a surge of interest in renewable energy. Today, the uncertainty associated with renewable resources is handled by using operating reserves. The high penetration of renewable resources, however, introduces difficult-to-control dynamics and challenges for power system operation. Decision support tools are necessary at the bulk system operational level to recognize and efficiently utilize renewable resources and distributed demand response products in concert with traditional grid resources. It is envisaged that responsive load can potentially have very significant cost advantages over either spinning or non-spinning ramping reserve. Critical decisions are made during hour(s)-ahead and real-time power system operation regarding the commitment and dispatch of generators to ensure power delivery is both reliable and economic. These decisions are typically made by a security constrained optimal flow, which determines future generator commitments, dispatches, and ensures adequate reserves are available in the event of a contingency (unexpected outage) or if future system conditions deviate from forecasts. However, security has been always based on a pre-specified subset of contingency constraints whose enforcement does not guarantee security under all possible future possibilities while also giving little or no weight to the likelihood of each contingent event or the severity of its consequences. Existing tools, which are based exclusively on deterministic optimization models, do not yield optimal operational decisions to address these new challenges, in terms of both reliability and cost-effectiveness. This project has focused on developing a stochastic optimal power flow (SOPF) framework, which integrates renewable resource uncertainty, load uncertainty, distributed storage (DS), demand response (DR) products, in a holistic manner to address the uncertainty associated with ever-increasing renewable resources, along with the inclusion of distributed demand response products in future power systems. A proof-of-concept problem was created using the Pennsylvania-Jersey-Maryland (PJM) power system network. Synthetic wind generation was added to the system to simulate 50% wind penetration. A 1-hour test of SOPF operation indicated more than 6% operational cost savings. The project continued by adding the Midwestern Independent System Operator (MISO) as a partner, with focus shifting from SOPF to Stochastic Look-Ahead Unit Commitment (SLAC). Unlike PJM, MISO is faced with significant renewable energy resources within its footprint and is challenged with substantial uncertainty in its operations. The SLAC distinguishes itself from existing tools that operators use. At best, today’s tools solve two to three cases independently, where one or two system parameters, such as forecasted load level (e.g., a low, base, and high forecast), are varied and the resulting scenarios are analyzed independently. The stochastic-based optimization of SLAC leverages statistical information from an ensemble of potential operational scenarios and their respective likelihood. The SLAC output can be translated into valuable information to the operator such as suggested commitments, optimal scheduling and dispatch of resources, reserve requirements at both locational and zonal resolutions, ramping availability and requirements, availability of demand response including operational guidance concerning the near-term and real-time coordination between distributed energy resources, and utilization of distributed storage resources. The developed SOPF/SLAC tool, a stand-alone tool compatible with existing EMSs, will provide system operators with unprecedented visibility, flexibility and predictability to these resources and operational guidance concerning the real-time coordination between DERs and DR/DS products. The game changing and practical impact of this disruptive technology will be dramatic and will usher in a new era in the electric power industry, wherein green energy concepts are fully embraced, and electric power costs are lowered throughout the nation.
42 ENGINEERING↗
Model-Free State Estimation Using Low-Rank Canonical Polyadic Decomposition
As electric grids experience high penetration levels of renewable generation, fundamental changes are required to address real-time situational awareness. Here, we utilize unique traits of tensors to devise a model-free situational awareness and energy forecasting framework for distribution networks. This work formulates the state of the network at multiple time instants as a three-way tensor; hence, recovering full state information of the network is tantamount to estimating all the values of the tensor. Given measurements received from µphasor measurement units and/or smart meters, the recovery of unobserved quantities is carried out using the low-rank canonical polyadic decomposition of the state tensor—that is, the state estimation task is posed as a tensor imputation problem utilizing observed patterns in measured (sampled) quantities. Two structured sampling schemes are considered, namely, asynchronous slab and fiber sampling. For both schemes, we present sufficient conditions on the number of sampled slabs and fibers that guarantee identifiability of the factors of the state tensor. Numerical results demonstrate the ability of the proposed framework to achieve high estimation accuracy in multiple sampling scenarios.
42 ENGINEERING↗
Forecasting Commercial Building Electricity Consumption, Zone Airflow and Zone Temperature: Update - Development of a Generalized Machine Learning Approach
The U.S. power grid is being transformed to make it smarter, more efficient, and cleaner. This transformation is leading to the addition of a significant of energy generated by distributed, variable, and renewable resources. Because of the variable nature of renewable generation, the short- and long-term supply and demand imbalances are less predictable, and conventional approaches to mitigating the imbalances will be less efficient or cost effective. To address this challenge and to support the mission and the vision of the U.S. Department of Energy’s (DOE’s) Office of Energy Efficiency and Renewable Energy (EERE) Building Technologies Office has developed a Grid-Interactive Efficient Building Strategy. The strategy focuses on simultaneously improving building energy efficiency and supporting reliability and resilience of the electric grid more efficiently and at a lower cost. In addition, EERE and DOE’s Office of Electricity created an initiative led by DOE and supported by the national laboratories under the Grid Modernization Lab Consortium structure to enhance grid modernization. The work reported in this document is part of the first set of projects funded under the initiative to design, develop, and validate scalable transactive control technologies for the commercial buildings sector. Transactive controls requires the ability of individual end-use loads to express flexibility as a function of a transactive signal (e.g., price). Empirical grey- and black-box models have been widely used to express flexibility. Although this approach is generally easy to construct and simple to use, it does not capture non-linear behavior that some end-use loads represent. Therefore, Pacific Northwest National Laboratory (PNNL) with support from Western Washington University conducted this research to explore the use of deep machine learning (ML) techniques. The work reported in this document is limited to forecasting whole building electricity consumption, the zone airflow and the zone temperature predictions.
24 POWER TRANSMISSION AND DISTRIBUTION↗