Results for “system adequacy”

DOE OSTI2026

Impacts of Regional Coordination on Transmission Needs for Power System Resource Adequacy [Slides]

Resource adequacy (RA) is an important component of bulk power system reliability that addresses whether there are sufficient resources available to meet electricity demand at all times. RA analysis is used to assess whether the planned power system will provide reliable electricity to consumers while accounting for equipment outages, weather variability, and load uncertainty. Coordination between regions can enable resource sharing to meet RA needs if sufficient transmission capacity exists. Transmission's role in RA coordination can be particularly pronounced for large power systems like the U.S. electricity grid which contains geographically diverse demand and weather-dependent resources. Depending on the level of coordination desired, existing inter-regional transmission capacity may not be sufficient. This study is designed to assess optimal pathways for the development of inter-regional transmission in the U.S. under varying levels of RA coordination. Results can inform long-term grid infrastructure planning and provide insights into potential benefits of greater coordination for generation and transmission planning between regional U.S. power systems.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

DOE OSTI2023

Insights into Methodologies and Stochastic Optimization of Thermal Energy Storage-Coupled Advanced Reactor Systems: A Comparison of Methods for Accessing Long-Term Sub-System Sizing Adequacy

This paper investigates the potential of coupling Thermal Energy Storage (TES) with Advanced Reactors (ARs) to address uncertainties posed by climate change in deep decarbonized power systems. The TES Use-case Team at Idaho National Laboratory (INL) has examined the potential of storing thermal energy from ARs during low demand periods and optimizing discharge during peak-priced hours, in both steady-state and transient conditions. Building on this groundwork, this study bridges the gaps in optimal sizing of the sub-system of TES-coupled AR systems using Risk Analysis Virtual Environment (RAVEN) and Holistic Energy Resource Optimization Network (HERON), INL?s framework for grid optimization. By applying this framework, we present statistically-robust optimal charge, discharge including balance of plant (BOP), and storage sizing for the High-Temperature Gas-Cooled Reactor (HTGR) with 203 MWth output. To this end, we generated synthetic price samples for 30 years using 2018 ? 2021 real-time market data from ERCOT, PJM and MISO. Our results reveals that the TES-coupled HTGR system is highly effective in maximizing revenue from electricity sales. We observed a substantial increase of 40 % in ERCOT and a noteworthy 15 % increase in PJM and MISO when compared to the conventional BOP without TES. This improvement is achieved through regionally-tailored sub-system sizing, which ranges from 398 to 416 MWth for the discharge system and 610 to 1029 MWth for the TES. We find that the average electricity price directly impacts the overall economics, while price volatility influences storage size. Additional sensitivity analyses were performed to access the impact of key assumptions on system economics and sizing, differentiating the optimization window (i.e., 24 ? 219 hours of chronological observations) and by imposing storage continuity condition in tracking TES cycles. We observed that at the 120-hour of the optimization window, a reasonable balance between computation time and accuracy was achieved. Our analysis also highlights the significance of conducting multi-day cycle analysis (> 120-hour) for TES to capture interaction between electricity prices and storage dynamics, providing a comprehensive understanding of TES behavior that AR developers should integrate into their plant designs.

25 ENERGY STORAGE↗

DOE OSTI2020

Considerations for maintaining resource adequacy of electricity systems with high penetrations of PV and storage

Not Available

Cole, Wesley↗

DOE OSTI2025

Fundamentals of Resource Adequacy for Modern Power Systems

This webinar covers and introduction to power system resource adequacy, examining definitions, metrics, an overview of probabilistic methods, incentives and capacity credits, storage modeling, and evolving practices.

24 POWER TRANSMISSION AND DISTRIBUTION↗

DOE OSTI2020

Impacts of Price Formation Efforts Considering High Renewable Penetration Levels and System Resource Adequacy Targets

Future markets with very high penetrations of renewable energy could have many low- to zero-cost periods, which would reduce energy revenues for the generation fleet. This can impact the ability of resources that are needed for long-term reliability to recover operating and capital costs. This paper explores the impact of an alternative pricing mechanism, relaxed minimum pricing, on revenue sufficiency on existing and future resource mixes, including those with high penetrations of wind and solar. This study evaluates eight scenarios encompassing three different sensitivity categories: (1) one alternative pricing mechanism versus traditional LMP pricing, (2) high versus low renewable penetration levels, and (3) using a resource mix that has been adjusted to a preset resource adequacy target versus one that contains a full set of resources. Results show renewable penetration has a greater impact on pricing and resulting profits than does the adjusted resource mix, the two pricing methods have modest variations in profits, and prices under the higher renewable penetration case were higher than under low renewable penetration. These conclusions are not intended to be direct predictions for future outcomes but rather to lead to additional research on the impacts of pricing on investment incentives and future resource adequacy targets.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

DOE OSTI2021

Redefining Resource Adequacy for Modern Power Systems: A Report of the Redefining Resource Adequacy Task Force

Today's rapidly increasing levels of wind, solar, storage, and load flexibility require the industry to rethink reliability planning and resource adequacy methods for modern power systems. Periods with a risk of shortfall often no longer coincide with peak demand - reliability risks are less about peak load and more about the daily setting of the sun, extended cloud cover, wind speeds, cold snaps, and heat waves. In addition, demand is increasingly flexible. Key resources are time-sensitive, as batteries need time to recharge and electricity customers can only be asked to provide demand response for just so long. And reliability failures are often correlated - with one another and with the weather. Two driving factors require the industry to reconsider its analytical approach for resource adequacy: (1) Chronological grid operations: The increasing importance of variable renewable resources (such as wind and solar) and of energy-limited resources (storage and demand response) make it essential to understand the full year of chronological operation of the grid. Specific attention must be paid to hourly, seasonal, and inter-annual resource variability. The sequence of the variability is key, as energy-limited resources such as batteries or demand response require either a preceding period or subsequent period of high production to be useful for grid reliability. (2) Correlated events: Historically, resource adequacy analysis focused on shortfalls caused by random, discrete mechanical failures of large generating units. In contrast, shortfalls today are often caused by multiple, correlated events caused by common weather patterns. Resource adequacy analysis must increasingly shift its focus to these correlated events. The redesign of resource adequacy methods will benefit from a set of guiding principles to better allow for sharing of insights and best practices, interregional resource coordination, and a smoother regulatory process for resource procurement. The objective of this report is to move this redesign forward. It provides an overview of key drivers changing the way resource adequacy needs to be evaluated, identifies shortcomings of conventional approaches, and outlines first principles for practitioners to consider as they adapt their approaches. The central message is: what got us here won't get us there.

24 POWER TRANSMISSION AND DISTRIBUTION↗

DOE OSTI2025

Energy Supply Security Index (eesi) v0.1.0

This software computes different metrics that quantify energy supply security. It computes metrics for the amount of energy self-production, autonomy, system adequacy, self-sufficiency and autarky. The software has been developed to compute metrics that are introduced in a journal manuscript, and the software is intended to be published to make the underlying metric calculation accessible and reproducible to the reader of the article. Potential use of the software is for policymakers, energy planners and researchers to guide energy system infrastructure decisions.

Sulzer, Matthias [Swiss Federal Laboratories for M↗

DOE OSTI2021

The Evolving Role of Extreme Weather Events in the U.S. Power System with High Levels of Variable Renewable Energy

As weather-dependent renewable generation grows, it is important for power system planning to understand the broad trends and correlations between weather, renewable resources, and load. The traditional planning, performed by utilities and system operators, includes the study of system resource adequacy during peak load periods in the summer and winter to ensure the generation and transmission system is appropriate to meet load. But in a power grid with a high penetration of variable renewable energy (i.e., wind and solar), periods of high risk to system resource adequacy may no longer correspond only to hours of peak load. In particular, high shares of variable renewable energy, even when well-forecasted to inform system operations, can further complicate the stress extreme weather events already place on the grid. They also may lead to changes to the types of weather conditions that are most problematic to system operations and resource adequacy due to widespread and extended deficits of wind and solar generation. Accordingly, the focus of reliability assessments in long-term planning studies may need to evolve in the coming years to more fully incorporate weather events that lead to these deficits. This report seeks to identify these new weather events and understand the characteristics of the events that lead to system risk of future systems with higher penetrations variable renewable energy.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

DOE OSTI2023

The importance of capturing power system operational details in resource adequacy assessments

Traditional methods for assessing the resource adequacy (RA) of a power system are becoming obsolete due to emerging trends such as the increasing deployment of variable renewable energy and storage. Consequently, analysts are recommending that RA be assessed using a Monte Carlo simulation approach that models chronological power system operations over many instances of possible operating conditions. However, this approach is necessarily more complex and computationally demanding, which is an obstacle to real-world implementation. Here, in this study, we investigate which operational details of power systems are important to capture in order to accurately evaluate a system's RA, versus details that add complexity but do not meaningfully affect RA results. To do so, we develop a probabilistic RA assessment framework by adapting an existing production cost model and apply it to a case study based on the IEEE Reliability Test System. Our results indicate that multi-year data, storage dispatch, and transmission limits are key details to incorporate. Accurate RA results can be obtained using non-economic dispatch strategies as long as they are coordinated with detailed operational strategies. We also demonstrate how popular expectation-based RA metrics can mask important differences in the characteristics of loss of load events.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

DOE OSTI2024

Wholesale Electricity Market Design to Support Resource Adequacy

Wholesale electricity markets are intended to incentivize system generation investments and operations outcomes that meet evolving system needs. In this work, we evaluate the effectiveness of wholesale market structures, rules and policies in achieving system resource adequacy (RA) and clean energy targets in the presence of self-interested generation investors using the Electricity Markets and Investment Suite Agent-based Simulation (EMIS-AS) model. Results highlight that both capacity markets and operating reserve demand curves (ORDCs) can help achieve a reliable system but with different RA compliance timelines and distribution of generation technologies. Structures with capacity markets tend to favor more capital-intensive peaking technologies while reducing wind and solar build-outs due to suppressed energy and clean energy market prices, particularly in the absence of strong clean energy targets. Conversely, ORDCs improve the commitment of available generation units, but this comes at the expense of higher system costs and renewable generation curtailment. We also find that well-calibrated static capacity demand curves can yield similar reliability and total cost compared to capacity market demand curves informed dynamically by resource adequacy while also yielding stable annual capacity prices. Different approaches to formulating ORDC curves can also yield key trade-offs, namely that a more efficient treatment of storage chronology results in lower ORDC curves and prices, yielding less investment and cost but at the expense of reliability. Finally, the effectiveness of wholesale electricity markets in practically achieving very high clean energy generation targets highly depends on the cost-competitiveness of clean energy technologies that can support critical balancing needs across multiple timescales.

agent based modeling↗

DOE OSTI2021

Probabilistic Resource Adequacy Suite (PRAS) v0.6 Model Documentation

The Probabilistic Resource Adequacy Suite, or PRAS, is a software package for studying power system resource adequacy. It allows the user to simulate power system operations under a wide range of operating conditions, in order to study the system’s risk of failing to meet demand due to a resource shortfall, and identify the time periods and regions in which that risk occurs. This reports documents version 0.6 of the tool.

24 POWER TRANSMISSION AND DISTRIBUTION↗

DOE OSTI2026

Probabilistic Resource Adequacy Suite (PRAS) v0.8 Model Documentation

The Probabilistic Resource Adequacy Suite, or PRAS, is a software package for studying power system resource adequacy. It allows the user to simulate power system operations under a wide range of operating conditions, in order to study the system's risk of failing to meet demand due to a resource shortfall, and identify the time periods and regions in which that risk occurs. This reports documents version 0.8 of the tool.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

DOE OSTI2024

Resource Adequacy in Decarbonizing Power Systems

Decarbonization of the power sector is instrumental to reducing emissions worldwide. Following the 13th Clean Energy Ministerial conference (CEM13) in 2022, several governments signaled their intention to develop power sector decarbonization action plans. The 21st Century Power Partnership (21CPP), in coordination with all Clean Energy Ministerial power workstreams and collaborators, is providing technical support on critical focus areas as these countries prepare their action plans. Countries will present the action plans at the upcoming CEM14 in India. Brought to you by the Clean Energy Solutions Center and 21CPP, this webinar will focus on resource adequacy and grid flexibility, key themes in the CEM14 action plans and critical topics for integrating variable renewable energy into the grid while ensuring system reliability. Global energy experts will discuss how grid planners can ensure stable supply while rapidly decarbonizing the power system and how various policies can increase the power grid's flexibility.

emissions↗

DOE OSTI2023

A Guide for Improved Resource Adequacy Assessments in Evolving Power Systems: Institutional and Technical Dimensions

This paper identifies and evaluates issues in traditional resource adequacy (RA) assessment practices, and how adjusting these practices may affect and depend on existing institutional arrangements for planning and procurement. The paper proposes a technical-institutional roadmap that would allow regulators in vertically-integrated jurisdictions and system planners and operators in restructured jurisdictions to revise RA practices across a range of components. First, we compile a critical review of current RA assessment practices based on (1) interviews with RA practitioners and (2) a review of recent technical literature. We find that (i) RA may need to expand beyond capacity adequacy to ensure energy adequacy – relevant for energy-limited resources such as storage – and potentially some form of ancillary service adequacy (e.g. enough ramping-up and ramping-down capability in the system); (ii) chronological hourly simulations for all hours in the year are the current best practice; (iii) metrics and models used do not reflect economic criteria in system operation and loss of load; and (iv) there is a need to improve representation of weather dependencies and weather data. Second, we review planning and RA reports for several private and public entities that plan generation and/or transmission infrastructure in the continental U.S. to look for existing practices involving resilience assessments. We find no systematic treatment of the costs of extreme weather and other hazards, the benefits of resilience, and resilience metrics in planning analyses and no systematic treatment of resilience metrics, methods, and outcomes for resource adequacy purposes. Third, we create a technical framework for probabilistic RA assessment and use it to study how key choices about how to model power system operations affect the values that are obtained for RA metrics. We find that (i) non-economic dispatch schemes that ignore economic objectives can lead to accurate RA assessments when coordinated with detailed operational strategies; (ii) multi-year data is critical to capture a wide variety of system conditions; (iii) not incorporating transmission limits into RA assessment could lead to substantial underestimation of traditional “expected value” RA metrics; and (iv) new RA metrics that capture event-specific shortfall characteristics should be used as supplements to traditional metrics. Finally, we examine RA assessments and use this information to propose a guide of evolving industry standards for resource adequacy assessments in resource planning and transmission planning. We report minimum, best, and frontier practices for temporal resolution of assessments, metrics and targets, weather data, load forecasting, characterization of variable renewable resources, characterization of transmission and market transactions, RA modeling and integration with planning processes, and capacity accreditation.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

DOE OSTI2024

Wholesale Electricity Markets and Resource Adequacy with High Clean Energy Generation Targets

Wholesale electricity markets are intended to incentivize system generation investments and operations outcomes that meet evolving system needs. In this work, we evaluate the effectiveness of wholesale market structures, rules and policies in achieving system resource adequacy (RA) and clean energy targets in the presence of self-interested generation investors using the Electricity Markets and Investment Suite Agent-based Simulation (EMIS-AS) model. Results highlight that both capacity markets and operating reserve demand curves (ORDCs) can help achieve a reliable system but with different RA compliance timelines and distribution of generation technologies. Structures with capacity markets tend to favor more capital-intensive peaking technologies while reducing wind and solar build-outs due to suppressed energy and clean energy market prices, particularly in the absence of strong clean energy targets. Conversely, ORDCs improve the commitment of available generation units, but this comes at the expense of higher system costs and renewable generation curtailment. We also find that well-calibrated static capacity demand curves can yield similar reliability and total cost compared to capacity market demand curves informed dynamically by resource adequacy while also yielding stable annual capacity prices. Different approaches to formulating ORDC curves can also yield key trade-offs, namely that a more efficient treatment of storage chronology results in lower ORDC curves and prices, yielding less investment and cost but at the expense of reliability. Finally, the effectiveness of wholesale electricity markets in practically achieving very high clean energy generation targets highly depends on the cost-competitiveness of clean energy technologies that can support critical balancing needs across multiple timescales.

capacity expansion↗

DOE OSTI2024

Can Wholesale Electricity Markets Achieve Resource Adequacy and High Clean Energy Generation Targets in the Presence of Self-Interested Actors?

Wholesale electricity markets are intended to incentivize system generation investments and operations outcomes that meet evolving system needs. In this work, we evaluate the effectiveness of wholesale market structures, rules and policies in achieving system resource adequacy (RA) and clean energy targets in the presence of self-interested generation investors using the Electricity Markets and Investment Suite Agent-based Simulation (EMIS-AS) model. Results highlight that both capacity markets and operating reserve demand curves (ORDCs) can help achieve a reliable system but with different RA compliance timelines and distribution of generation technologies. Structures with capacity markets tend to favor more capital-intensive peaking technologies while reducing wind and solar build-outs due to suppressed energy and clean energy market prices, particularly in the absence of strong clean energy targets. Conversely, ORDCs improve the commitment of available generation units, but this comes at the expense of higher system costs and renewable generation curtailment. We also find that well-calibrated static capacity demand curves can yield similar reliability and total cost compared to capacity market demand curves informed dynamically by resource adequacy while also yielding stable annual capacity prices. Different approaches to formulating ORDC curves can also yield key trade-offs, namely that a more efficient treatment of storage chronology results in lower ORDC curves and prices, yielding less investment and cost but at the expense of reliability. Finally, the effectiveness of wholesale electricity markets in practically achieving very high clean energy generation targets highly depends on the cost-competitiveness of clean energy technologies that can support critical balancing needs across multiple timescales.

capacity expansion↗

DOE OSTI2024

Average and Marginal Capacity Credit Values of Renewable Energy and Battery Storage in the United States Power System

As deployment of renewable resources and storage continue to significantly grow in the coming decades, these technologies will play increasingly important roles in maintaining power systems' resource adequacy. Few analyses so far offer comprehensive comparisons of forward-looking average and marginal capacity credits of variable renewable energy and storage in the U.S. interconnections across a wide range of possible futures. To fill this research gap, we quantify the average and marginal capacity credits of solar PV, onshore and offshore wind, and batteries between 2026 and 2050 across the U.S power systems to examine the temporal trends, spatial patterns, and trade-offs between these two capacity accreditation approaches. Across technologies, capacity credits of solar PV most clearly follow downward trends over time, reflecting the significant rise in solar PV generation share as the grid decarbonizes. While battery storages' generation shares also rise significantly over time, their capacity credits always remain stably high due to their capabilities to be dispatched strategically during critical periods to maintain reliability. On the other hand, capacity credits of wind technologies in general follow slight upward trends as their generation shares level off. There are strong spatial variabilities of both average and marginal capacity credits across technologies, but capacity credits of solar PV displaying the most obvious spatial patterns with high capacity credits concentrating in wind-rich, solar-poor regions in SPP, PJM, and MISO, suggesting potential reliability benefits of interconnection-wide planning for renewable energy deployments. Additionally, except for offshore wind, average capacity credits of all other renewable technologies tend to be higher than their marginal capacity credits, indicating that existing renewable resources tend to be accredited higher than new resources at almost any time.

25 ENERGY STORAGE↗

DOE OSTI2022

Investigating capacity credit sensitivity to reliability metrics and computational methodologies

Assigning capacity value to renewable energy sources (RES) is a challenge faced in planning their integration with the grid. The difficulties stem from the natural characteristics of variability and intermittency of wind and solar sources. The capacity credit (CC) analysis evaluates the system’s actual power output compared with a constant capacity generator, i.e., conventional generator and determines an effective capacity to use for planning and operation. Herein this paper presents different factors that could affect the CC of a system. Two methods are proposed to determine the CC, namely equivalent firm capacity (EFC) and effective load carrying capability (ELCC). Since these methods are based on satisfying reliability criteria, daily loss of load expectation (LOLE), hourly loss of load (LOLH), and expected energy not served (EENS) have been employed as indices. To obtain the CC value, both methods apply two techniques: traditional and optimization. Genetic algorithm (GA) is the optimization approach used in this paper. Then, this work compares the two techniques and shows the superior performance of the optimization approach. Two hybrid systems, stand-alone (SA) and grid-connected (GC) modes, are proposed and used as case studies. The hybrid systems consist of photovoltaic (PV), wind turbine (WT), and battery energy storage system (BESS). In this work, three different scenarios are used to compare capacity credit: system as a whole, only wind, and no batteries. Finally, sensitivity analysis is carried out to examine the impact of varying the wind speed, solar irradiation, and load. It is demonstrated that the choice of reliability index plays an important role in determining the capacity credit and it is shown that EENS is a more comprehensive and consistent index of reliability.

24 POWER TRANSMISSION AND DISTRIBUTION↗