IEEE Transactions on Energy Markets, Policy and Regulation最新文献_第3页

Boundary Technology Costs for Economic Viability of Long-Duration Energy Storage Systems in California

IEEE Transactions on Energy Markets, Policy and Regulation Pub Date : 2024-08-16 DOI: 10.1109/TEMPR.2024.3444750

Patricia Silva;Alexandre Moreira;Miguel Heleno;André Luís Marques Marcato

{"title":"Boundary Technology Costs for Economic Viability of Long-Duration Energy Storage Systems in California","authors":"Patricia Silva;Alexandre Moreira;Miguel Heleno;André Luís Marques Marcato","doi":"10.1109/TEMPR.2024.3444750","DOIUrl":"https://doi.org/10.1109/TEMPR.2024.3444750","url":null,"abstract":"The urgent need for decarbonization in the energy sector has led to an increased emphasis on the integration of renewable energy sources, such as wind and solar, into power grids. While these resources offer significant environmental benefits, they also introduce challenges related to intermittency and variability. Long-duration energy storage (LDES) technologies have emerged as a very promising solution to address these challenges by storing excess energy during periods of high generation and delivering it when demand is high or renewable resources are scarce for a sustained amount of time. This paper introduces a novel methodology for estimating the boundary technology cost of LDES systems for economic viability in decarbonized energy systems. Our methodology is applied to estimate the boundary costs in 2050 for the state of California to achieve full retirement of gas power plants. California's ambitious decarbonization goals and transition to a renewable energy-based power system present an ideal context for examining the role of LDES. The results also offer insights into the needed capacity expansion planning and the operational contribution of LDES in the California's energy landscape, taking into account the unique energy demand profiles and renewable resource availability of the region. Our findings are intended to provide complementary information to guide decision-makers, energy planners, and any other stakeholders in making informed choices about LDES investment in the context of a decarbonized energy future.","PeriodicalId":100639,"journal":{"name":"IEEE Transactions on Energy Markets, Policy and Regulation","volume":"3 1","pages":"32-45"},"PeriodicalIF":0.0,"publicationDate":"2024-08-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143621646","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

An Affordable Sophisticated Frequency Control Ancillary Services for Australian National Electricity Market System Considering Industry and Infrastructure Challenges

IEEE Transactions on Energy Markets, Policy and Regulation Pub Date : 2024-07-02 DOI: 10.1109/TEMPR.2024.3421888

Hassan Haes Alhelou;Behrooz Bahrani;Jin Ma

{"title":"An Affordable Sophisticated Frequency Control Ancillary Services for Australian National Electricity Market System Considering Industry and Infrastructure Challenges","authors":"Hassan Haes Alhelou;Behrooz Bahrani;Jin Ma","doi":"10.1109/TEMPR.2024.3421888","DOIUrl":"https://doi.org/10.1109/TEMPR.2024.3421888","url":null,"abstract":"This industry-oriented paper proposes a novel sophisticated frequency control and its ancillary services framework for the Australian National Electricity Market (NEM) power system considering the special design of its current automatic generation control system, which does not involve interconnectors between different power regions, resulting in technical challenges for both stability and security of the system. The proposed new method converts the NEM centralized frequency control system to a fully decentralized one with virtual consideration of interconnectors' power, thus the stability and security would be improved, and high fluctuations in interchanged power would be smoothed without extra costs of infrastructure and procurement of frequency control ancillary reserves (FCASs). The novel idea is to model the interconnectors' power deviation as unknown input to the operator in each power region, like load disturbances and renewable power variations, using dynamic observation techniques, for enabling the proposed method capabilities. The method is theoretically verified that it can enhance stability and security and stabilize both local frequencies and power exchanges. The experiment results confirm the capability of the proposed method for the NEM system and its superiority over the existing adopted approaches in industries.","PeriodicalId":100639,"journal":{"name":"IEEE Transactions on Energy Markets, Policy and Regulation","volume":"3 1","pages":"72-82"},"PeriodicalIF":0.0,"publicationDate":"2024-07-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143621668","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A Comparison of Three Methods for ISO Pricing

IEEE Transactions on Energy Markets, Policy and Regulation Pub Date : 2024-06-26 DOI: 10.1109/TEMPR.2024.3417954

Yonghong Chen;Richard O'Neill;Peter Whitman

{"title":"A Comparison of Three Methods for ISO Pricing","authors":"Yonghong Chen;Richard O'Neill;Peter Whitman","doi":"10.1109/TEMPR.2024.3417954","DOIUrl":"https://doi.org/10.1109/TEMPR.2024.3417954","url":null,"abstract":"In the presence of non-convex constraints, RTOs/ISOs need to introduce side payments to ensure non-confiscatory pricing. The side payment is not uniform and is non-transparent. To address this concern, Convex Hull Price (CHP) is developed to minimize uplift. However, the side payment defined in the tariff of RTOs/ISOs usually only covers make-whole-payments (MWP), not consistent with the uplift defined in CHP. This paper introduces a unified solution approach that can achieve uniform prices under different market rules. Previous research has shown that by developing a convex hull and convex envelope formulation for individual resources, a CHP model that minimizes uplift can be solved by linear programming (LP) using relaxation of the binary terms of the security constrained unit commitment (SCUC) problem. This paper proves that by adjusting resource upper bounds based on the SCUC solution, the one-pass LP relaxation of the SCUC problem can also be used to derive average incremental price (AIC), eliminating MWP. Case studies using both small systems and the MISO full day ahead models are presented to compare MWP, uplift and generator profit under LMP, CHP and AIC.","PeriodicalId":100639,"journal":{"name":"IEEE Transactions on Energy Markets, Policy and Regulation","volume":"3 1","pages":"59-71"},"PeriodicalIF":0.0,"publicationDate":"2024-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143621621","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A Market-Clearing-Based Sensitivity Model for Locational Marginal and Average Carbon Emission 基于市场出清的区位边际和平均碳排放敏感性模型

IEEE Transactions on Energy Markets, Policy and Regulation Pub Date : 2024-06-21 DOI: 10.1109/TEMPR.2024.3411531

Zelong Lu;Lei Yan;Jianxue Wang;Chongqing Kang;Mohammad Shahidehpour;Zuyi Li

引用次数: 0

A Preference-Informed Energy Sharing Framework for a Renewable Energy Community 基于偏好信息的可再生能源共同体能源共享框架

IEEE Transactions on Energy Markets, Policy and Regulation Pub Date : 2024-06-17 DOI: 10.1109/TEMPR.2024.3415123

Jamal Faraji;François Vallée;Zacharie De Grève

{"title":"A Preference-Informed Energy Sharing Framework for a Renewable Energy Community","authors":"Jamal Faraji;François Vallée;Zacharie De Grève","doi":"10.1109/TEMPR.2024.3415123","DOIUrl":"https://doi.org/10.1109/TEMPR.2024.3415123","url":null,"abstract":"Local energy communities play a pivotal role in facilitating the transition towards a sustainable and environmentally-friendly energy infrastructure. This paper constructs a novel energy sharing mechanism for a centralized energy community. The proposal includes a product differentiation approach to facilitate green, local, and gray electricity distribution among the community members, ensuring a centralized preference-based sharing and promotion of sustainable practices, and an internal pricing scheme for the community market where members indirectly encounter grid and commodity costs. Initially, a compositional model is employed to measure the socio-economic preferences of members toward various energy products. Then, a product differentiation strategy is proposed based on the part-worth utilities of the preferred energy supply option. Afterward, a robust Stackelberg game is introduced between the community manager (CM) and the members to determine the community's internal electricity prices and energy exchanges. Simulation results, including the robust optimization approach and comparison with non-preference-based energy sharing optimization, demonstrate the efficacy of the proposed framework in terms of both benefits and energy sharing performance.","PeriodicalId":100639,"journal":{"name":"IEEE Transactions on Energy Markets, Policy and Regulation","volume":"2 4","pages":"503-518"},"PeriodicalIF":0.0,"publicationDate":"2024-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142810698","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Optimal Bidding of Flexible Demand in Electricity Markets With Block Orders 大宗订单下电力市场弹性需求的最优竞价

IEEE Transactions on Energy Markets, Policy and Regulation Pub Date : 2024-06-14 DOI: 10.1109/TEMPR.2024.3414988

Makedon Karasavvidis;Dimitrios Papadaskalopoulos;Goran Strbac

{"title":"Optimal Bidding of Flexible Demand in Electricity Markets With Block Orders","authors":"Makedon Karasavvidis;Dimitrios Papadaskalopoulos;Goran Strbac","doi":"10.1109/TEMPR.2024.3414988","DOIUrl":"https://doi.org/10.1109/TEMPR.2024.3414988","url":null,"abstract":"Although block orders are emerging as an interesting alternative to the multi-part offering / bidding paradigm, existing research on optimal participation in electricity markets employing block orders exhibits two critical limitations. Firstly, it has not focused on flexible demand (FD) participants, and, secondly, it has not explored exclusive groups (EGs), a block order type which is already employed in the European day-ahead market. This paper addresses these limitations by proposing a novel optimal bidding model for a price-taking, stand-alone FD participant, which optimizes the submitted EGs, while factoring realistic market regulations around block orders and the price uncertainty encountered by the participant. The proposed model is deployed to quantitatively support our hypothesis that EGs constitute a particularly valuable type of block orders for a FD participant, by comparing its resulting costs under the submission of simple hourly orders, independent profile block orders, and EGs. This is achieved through both illustrative, small-scale examples and more realistic large-scale and out-of-sample studies, while considering three different types of FD in order to demonstrate the general applicability of the proposed model.","PeriodicalId":100639,"journal":{"name":"IEEE Transactions on Energy Markets, Policy and Regulation","volume":"2 4","pages":"488-502"},"PeriodicalIF":0.0,"publicationDate":"2024-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142810688","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

IEEE Power & Energy Society Information IEEE 电力与能源学会信息

IEEE Transactions on Energy Markets, Policy and Regulation Pub Date : 2024-06-13 DOI: 10.1109/TEMPR.2024.3404693

引用次数: 0

IEEE Transactions on Energy Markets, Policy, and Regulation Information for Authors 电气和电子工程师学会《能源市场、政策与监管》期刊作者须知

IEEE Transactions on Energy Markets, Policy and Regulation Pub Date : 2024-06-13 DOI: 10.1109/TEMPR.2024.3404689

引用次数: 0

Blank Page 空白页

IEEE Transactions on Energy Markets, Policy and Regulation Pub Date : 2024-06-13 DOI: 10.1109/TEMPR.2024.3404695

引用次数: 0

Multi-Objective Transmission Expansion: An Offshore Wind Power Integration Case Study 多目标输电扩展：海上风电集成案例研究

IEEE Transactions on Energy Markets, Policy and Regulation Pub Date : 2024-04-18 DOI: 10.1109/TEMPR.2024.3390760

Saroj Khanal;Christoph Graf;Zhirui Liang;Yury Dvorkin;Burçin Ünel

{"title":"Multi-Objective Transmission Expansion: An Offshore Wind Power Integration Case Study","authors":"Saroj Khanal;Christoph Graf;Zhirui Liang;Yury Dvorkin;Burçin Ünel","doi":"10.1109/TEMPR.2024.3390760","DOIUrl":"https://doi.org/10.1109/TEMPR.2024.3390760","url":null,"abstract":"Despite ambitious offshore wind targets in the U.S. and globally, offshore grid planning guidance remains notably scarce, contrasting with well-established frameworks for onshore grids. This gap, alongside the increasing penetration of offshore wind and other clean-energy resources in onshore grids, highlights the urgent need for a coordinated planning framework. Our paper describes a multi-objective, multistage generation, storage and transmission expansion planning model to facilitate efficient and resilient large-scale adoption of offshore wind power. Recognizing regulatory emphasis and, in some cases, requirements to consider externalities, this model explicitly accounts for negative externalities: greenhouse gas emissions and local emission-induced air pollution. Utilizing an 8-zone ISO-NE test system and a 9-zone PJM test system, we explore grid expansion sensitivities such as impacts of optimizing Points of Interconnection (POIs) versus fixed POIs, negative externalities, and consideration of extreme operational scenarios. Our results indicate that accounting for negative externalities necessitates greater upfront investment in clean generation and storage (balanced by lower expected operational costs). Optimizing POIs could significantly reshape offshore topology or POIs, and lower total cost. Finally, accounting for extreme operational scenarios typically results in greater operational costs and sometimes may alter onshore line investment.","PeriodicalId":100639,"journal":{"name":"IEEE Transactions on Energy Markets, Policy and Regulation","volume":"2 4","pages":"519-535"},"PeriodicalIF":0.0,"publicationDate":"2024-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142810693","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0