New Tool Evaluates the Financial Viability of Pumped Storage Hydropower

IF 3.1 3区工程技术 Q2 ENGINEERING, ELECTRICAL & ELECTRONIC

IEEE Power & Energy Magazine Pub Date : 2023-11-01 DOI:10.1109/mpe.2023.3308240

Patrick Balducci, Mark Weimar, Xu Ma, Di Wu, Jonghwan Kwon, Anna Schleifer, Vladimir Koritarov, Sang-il Yim, Bruce Hamilton

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引用次数: 0

Abstract

The rapidly evolving electricity system with increasing variable renewable energy (VRE) resources provides both opportunities and challenges for the power sector. With the significant ramps and intermittency associated with VRE resources, the requirements and need for additional flexible resources increase. Pumped storage hydropower (PSH) provides flexibility to the electricity grid to replace fossil fuel plants, which are responsible for 25% of U.S. emissions. PSH projects support various aspects of power system operations, including flexibility, ramping capability, energy, ancillary service, black start, and others. The significant potential of hydropower requires understanding the different value drivers to the electricity system specific to the location of a project and then optimizing the plant for the different system values. Thus, determining the value of PSH projects and their many services and contributions to the electricity system can be a challenge for potential developers, system owners, regulators, policy makers, and consultants.

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新工具评估抽水蓄能水电的财务可行性

随着可变可再生能源(VRE)资源的不断增加，电力系统的快速发展为电力部门提供了机遇和挑战。由于与VRE资源相关的显著斜坡和间歇性，对额外灵活资源的要求和需求增加。抽水蓄能水电(PSH)为电网提供了灵活性，以取代化石燃料发电厂，后者占美国排放量的25%。PSH项目支持电力系统运行的各个方面，包括灵活性、爬坡能力、能源、辅助服务、黑启动等。水电的巨大潜力需要了解特定于项目位置的电力系统的不同价值驱动因素，然后针对不同的系统价值优化工厂。因此，确定PSH项目的价值及其对电力系统的诸多服务和贡献对于潜在的开发商、系统所有者、监管机构、政策制定者和顾问来说可能是一个挑战。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

IEEE Power & Energy Magazine 工程技术-工程：电子与电气

CiteScore

5.10

自引率

0.00%

发文量

145

审稿时长

>12 weeks

期刊介绍： IEEE Power & Energy Magazine is dedicated to disseminating information on all matters of interest to electric power engineers and other professionals involved in the electric power industry with a focus on advanced concepts, technologies, and practices associated with all aspects of electric power from a technical perspective in synergy with nontechnical areas such as business, environmental, and social concerns. IEEE Power & Energy Magazine keeps its readers up-to-date on the latest technological advancements, industry news, business trends and strategies, products, and publications. Important newsworthy items concerning the worldwide activities and achievements of IEEE Power & Energy Society (PES), its organizational units, and its individual members are also included.