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Modelling the impacts of carbon pricing in India’s power system using a dynamic optimization approach 使用动态优化方法模拟印度电力系统中碳定价的影响
Electricity Journal Pub Date : 2023-07-01 DOI: 10.1016/j.tej.2023.107291
Liliana E. Benitez , Maarten Brinkerink , Abhishek Shivakumar , Paul Deane
{"title":"Modelling the impacts of carbon pricing in India’s power system using a dynamic optimization approach","authors":"Liliana E. Benitez ,&nbsp;Maarten Brinkerink ,&nbsp;Abhishek Shivakumar ,&nbsp;Paul Deane","doi":"10.1016/j.tej.2023.107291","DOIUrl":"https://doi.org/10.1016/j.tej.2023.107291","url":null,"abstract":"<div><p>India has a significant importance in achieving the global Paris agreement’s long-term goal as it is the world's third-largest consumer of energy. This paper aims to improve the understanding of the opportunities and constraints of decarbonizing India’s electricity sector and adds to the growing body of literature by modelling the electricity sector in India with a dynamic optimization approach that assesses options for effective greenhouse reductions through carbon pricing. Attaining significant variable renewable energy penetration in India by 2050 is consistent with the lowest cost power generation options identified through our simulations, where solar and wind can provide 66 % of the electricity needs by 2050, even without a carbon price. With a carbon price of US$50/tCO2e, the simulations project that wind and power generation share in the electricity mix will rise to 81 %, leading to significant emission reductions. In this scenario, power sector emissions will be 164 million tCO2e by 2050, which is only about 14 % of the emissions levels in 2019. The analysis also indicates that fossil fuels remain part of India’s electricity mix in 2050, but their role and operation would dramatically change. When a carbon price of US$50/tCO2e is introduced, coal capacity remains valuable to fill demand when solar and wind are not available. This would require modifications in operation schedules and repurposing coal power plants for frequent ramping up and down.</p></div>","PeriodicalId":35642,"journal":{"name":"Electricity Journal","volume":"36 6","pages":"Article 107291"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50177200","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
Does it matter when the wind blows? Differential impacts of wind generation on the PJM wholesale electricity market 刮风有关系吗?风力发电对PJM批发电力市场的不同影响
Electricity Journal Pub Date : 2023-07-01 DOI: 10.1016/j.tej.2023.107303
Bolarinwa A. Ajanaku , Alan R. Collins
{"title":"Does it matter when the wind blows? Differential impacts of wind generation on the PJM wholesale electricity market","authors":"Bolarinwa A. Ajanaku ,&nbsp;Alan R. Collins","doi":"10.1016/j.tej.2023.107303","DOIUrl":"https://doi.org/10.1016/j.tej.2023.107303","url":null,"abstract":"<div><p>As wind power continues to gain traction as a sustainable energy source, important questions arise as to how and when increasing penetration of wind power undermines its own revenues as well as revenues from other generating technologies in the wholesale electricity market. To answer this question, we analyzed data from the Pennsylvania-New Jersey-Maryland (PJM) market (with relatively low, approximately 3% wind penetration) from 2016 to 2019 using quantile regression methods that provide a comprehensive picture of market conditions. Our findings demonstrate that the merit order effect exists for wind power supply expansion with unit revenue declines across all quantiles and generators. These declines occur consistently throughout market conditions but at different magnitudes. Each additional GWh of wind power is associated with a fall in wind revenue ranging from $0.01/MWh to $0.08/MWh. Wind power's cross-cannibalization effect also reduces gas and baseload capacity revenues across all quantiles, ranging from $0.02/MWh to $0.06/MWh per additional GWh of wind power. Interestingly, our results also reveal positive impacts of wind power supply on value factors (a measure of the energy's worth to the market) at low price market conditions, but negative impacts at high price conditions of the 95% and 99% quantiles. These findings confirm differential impacts of wind power across market conditions – more wind increases its worth at low market values but decreases its worth at high market values. Although the observed effects are exceedingly small, the findings of negative and unequal impacts on unit revenue in this research provide some insights and possible policy recommendations for energy market analysts, wind developers, and energy policymakers.</p></div>","PeriodicalId":35642,"journal":{"name":"Electricity Journal","volume":"36 6","pages":"Article 107303"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50177204","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
New life at old plants: Exploring solar power development at former nuclear power plant sites in the United States 旧核电站的新生命:探索美国前核电站的太阳能开发
Electricity Journal Pub Date : 2023-07-01 DOI: 10.1016/j.tej.2023.107301
Elisabeth Sinclair, Jim A. Hamilton
{"title":"New life at old plants: Exploring solar power development at former nuclear power plant sites in the United States","authors":"Elisabeth Sinclair,&nbsp;Jim A. Hamilton","doi":"10.1016/j.tej.2023.107301","DOIUrl":"https://doi.org/10.1016/j.tej.2023.107301","url":null,"abstract":"<div><p>When a nuclear power plant closes, its host community often faces a number of negative economic impacts, such as the loss of skilled jobs and a major source of tax revenue. Even after decommissioning is completed, many former plant sites remain undeveloped, further inhibiting economic recovery. In this paper, we use data from seven decommissioned and decommissioning plants as well as estimates from industry professionals to calculate an approximate opportunity cost for each host community. This cost represents how much potential revenue has been lost while the plant site has remained undeveloped as compared to an alternate scenario in which it has been redeveloped into a solar power plant. Additionally, this paper discusses the presence of spent nuclear fuel and the challenges this presents for the redevelopment of former nuclear plant sites. This paper demonstrates the importance of efficient decommissioning and post-decommissioning redevelopment and examines solar power generation as one potential redevelopment pathway.</p></div>","PeriodicalId":35642,"journal":{"name":"Electricity Journal","volume":"36 6","pages":"Article 107301"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50177201","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 balanced scorecard to enable electricity distribution sector reforms in India 实现印度配电部门改革的平衡记分卡
Electricity Journal Pub Date : 2023-07-01 DOI: 10.1016/j.tej.2023.107302
Soumya Deep Das , R. Srikanth
{"title":"A balanced scorecard to enable electricity distribution sector reforms in India","authors":"Soumya Deep Das ,&nbsp;R. Srikanth","doi":"10.1016/j.tej.2023.107302","DOIUrl":"https://doi.org/10.1016/j.tej.2023.107302","url":null,"abstract":"<div><p>The performance of the State-owned electricity distribution companies (DISCOMs) that distribute 96% of the electricity in India is critical for the country’s energy security. However, the current studies are not suitable for assessing the performance of India’s DISCOMs in an integrated manner since their underlying models are fragmented. This study presents the development and application of an integrated FOBC framework which is a balanced scorecard including 32 key performance indicators related to finance, operations, business processes, and customer service. This framework is used to benchmark the performance of 40 DISCOMs in 17 States on a like-to-like basis leading to the identification of nine DISCOMs for restructuring. The FOBC framework can be used by the regulators and the government to benchmark DISCOM performance in a holistic manner. This study will be useful for policymakers to implement power distribution sector reforms to enhance energy security while decarbonizing the power sector efficiently.</p></div>","PeriodicalId":35642,"journal":{"name":"Electricity Journal","volume":"36 6","pages":"Article 107302"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50177202","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: 1
Corrigendum to “Building a green future: Examining the job creation potential of electricity, heating, and storage in low-carbon buildings” [Electr. J. 36(5) (2023) 107274] “建设绿色未来:研究低碳建筑中电力、供暖和储能创造就业机会的潜力”更正[Electr.J.36(5)(2023)107274]
Electricity Journal Pub Date : 2023-07-01 DOI: 10.1016/j.tej.2023.107306
Benjamin K. Sovacool , Darrick Evensen , Thomas A. Kwan , Vincent Petit
{"title":"Corrigendum to “Building a green future: Examining the job creation potential of electricity, heating, and storage in low-carbon buildings” [Electr. J. 36(5) (2023) 107274]","authors":"Benjamin K. Sovacool ,&nbsp;Darrick Evensen ,&nbsp;Thomas A. Kwan ,&nbsp;Vincent Petit","doi":"10.1016/j.tej.2023.107306","DOIUrl":"https://doi.org/10.1016/j.tej.2023.107306","url":null,"abstract":"","PeriodicalId":35642,"journal":{"name":"Electricity Journal","volume":"36 6","pages":"Article 107306"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50177205","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
Are utilities overspending on electric power resilience? How can that be? 公用事业公司是否在电力弹性方面超支?怎么可能呢?
Electricity Journal Pub Date : 2023-07-01 DOI: 10.1016/j.tej.2023.107304
Kenneth W. Costello
{"title":"Are utilities overspending on electric power resilience? How can that be?","authors":"Kenneth W. Costello","doi":"10.1016/j.tej.2023.107304","DOIUrl":"https://doi.org/10.1016/j.tej.2023.107304","url":null,"abstract":"<div><p>Few people doubt that the U.S. will encounter future electric power outages of long durations, disrupting a large number of people and businesses. Most industry observers believe that any improvement in the resilience of the U.S. electric-power network would be cost-beneficial. From an economic perspective, the desirability of improved resilience depends on the marginal benefits and marginal costs. Marginal benefits are especially hard to measure. There is also the question of whether utilities are applying the most cost-effective actions to improve resilience, which is difficult to judge but often ignored by state utility regulators in evaluating utility “resilience” plans. State utility regulators and electric system operators face the burden of answering to the heated public after an extended power outage. They will, not surprisingly, tend to err on the side of excessive resilience, which translates into higher electricity prices. Two probable explanations for this behavior are <em>probability neglect</em> and the <em>precautionary principle</em>. This essay concludes by posing less standard alternatives for policymakers to consider in addressing electric power resilience and the “outage” problem. Two alternatives are exploiting the price mechanism and compensating utility customers for extended power outages.</p></div>","PeriodicalId":35642,"journal":{"name":"Electricity Journal","volume":"36 6","pages":"Article 107304"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50177206","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 new approach in forecasting Greek electricity demand: From high dimensional hourly series to univariate series transformation 希腊电力需求预测的一种新方法:从高维小时序列到单变量序列变换
Electricity Journal Pub Date : 2023-07-01 DOI: 10.1016/j.tej.2023.107305
George Varelas , Giannis Tzimas , Panayiotis Alefragis
{"title":"A new approach in forecasting Greek electricity demand: From high dimensional hourly series to univariate series transformation","authors":"George Varelas ,&nbsp;Giannis Tzimas ,&nbsp;Panayiotis Alefragis","doi":"10.1016/j.tej.2023.107305","DOIUrl":"https://doi.org/10.1016/j.tej.2023.107305","url":null,"abstract":"<div><p>This article presents a different approach to power consumption forecasting problem. This forecasting can help power supply companies to program their production or purchases. Based on this forecasting the companies take part in auctions that determine the price of the MWh in the electricity market and at the end of the day, the price for the end consumer. So far, the problem of forecasting power supply time series has mainly been dealt with the use of classical time series algorithms or VAR models. In this paper, we use a method from the insurance sector to forecast Greek power consumption hourly values. The innovation in this method is that it allows converting the forecasting of a system of time series (high dimensional time series) into forecasting a single time series and propagating the results back to each time series. It leaves the forecasting algorithm choice to the researcher, making it very flexible and removing the necessity of choosing complex algorithms. We demonstrate the forecasting of the results of this method by applying the ARIMA algorithm.</p></div>","PeriodicalId":35642,"journal":{"name":"Electricity Journal","volume":"36 6","pages":"Article 107305"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50177203","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
Testing for integrated electricity series – A formalized synthesis of known problems 集成电力系列测试——已知问题的形式化综合
Electricity Journal Pub Date : 2023-07-01 DOI: 10.1016/j.tej.2023.107289
Nicolas Schneider
{"title":"Testing for integrated electricity series – A formalized synthesis of known problems","authors":"Nicolas Schneider","doi":"10.1016/j.tej.2023.107289","DOIUrl":"https://doi.org/10.1016/j.tej.2023.107289","url":null,"abstract":"<div><p>This paper reviews and discusses methodological choices and statistical inferences relevant to the literature that has worked at identifying long-memory behaviours within the stochastic features of electricity series (consumption and prices). We argue that persisting divergences reported in this literature can be linked to the (non)-treatment of key identification challenges in time-series econometrics. We synthetized those problems in a formalized fashion focusing on the followings: presence of structural breaks in the series (<em>i</em>); inferences affecting panel data structure such as cross-sectional dependence among the series, heterogeneous slope coefficients as well as the problem of missing observations (<em>ii</em>); the issue of integrated time-series observed with noise and some implications for cointegrated relations (<em>iii</em>).</p></div>","PeriodicalId":35642,"journal":{"name":"Electricity Journal","volume":"36 6","pages":"Article 107289"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50177199","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
Electricity sector resilience in response to extreme weather and climate-related events: Tools and datasets 电力部门应对极端天气和气候相关事件的复原力:工具和数据集
Electricity Journal Pub Date : 2023-07-01 DOI: 10.1016/j.tej.2023.107290
Hamidreza Ashrafi , Tarannom Parhizkar
{"title":"Electricity sector resilience in response to extreme weather and climate-related events: Tools and datasets","authors":"Hamidreza Ashrafi ,&nbsp;Tarannom Parhizkar","doi":"10.1016/j.tej.2023.107290","DOIUrl":"https://doi.org/10.1016/j.tej.2023.107290","url":null,"abstract":"<div><p>The significant increase in both the severity and frequency of climatological catastrophes draws attention to the necessity for a more climate-resilient electricity sector. In recent years, several databases and platforms have been developed to assess the resilience of the electricity sector in response to extreme weather and climate-related events. This study conducts a comprehensive review of the platforms and databases used for assessing climate resilience in the electricity sector. It discusses the existing gaps and challenges of these platforms and datasets and proposes a future path.</p></div>","PeriodicalId":35642,"journal":{"name":"Electricity Journal","volume":"36 6","pages":"Article 107290"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50177198","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
Simple Chargers for a Small DC Micro-Grid for a Home Emergency Power System 用于家庭应急电源系统的小型直流微电网的简易充电器
Electricity Journal Pub Date : 2023-06-26 DOI: 10.3390/electricity4030013
F. Himmelstoss, H. Votzi
{"title":"Simple Chargers for a Small DC Micro-Grid for a Home Emergency Power System","authors":"F. Himmelstoss, H. Votzi","doi":"10.3390/electricity4030013","DOIUrl":"https://doi.org/10.3390/electricity4030013","url":null,"abstract":"Recently, the danger of a long blackout is discussed in Europe. Blackouts can be caused by failures in the energy distribution, errors in large power plants or even cyber-attacks. This can lead to a chain reaction and a disintegration of the mains. Longer blackouts have an extreme impact on the economy as a whole and on local households. Therefore, a small local grid at home which can supply the most important loads over some time has garnered increasing interest. With a small direct current (DC) grid, critical loads such as for deep freezers and refrigerators can be supplied, and some LED lights can be used in the evening or at night. Solar generators (panels) can be used to charge energy storage devices, e.g., batteries. A DC grid can not only be used in the case of an emergency, but can also be used to reduce energy consumption out of the public mains and reduce energy bills. The architecture of the household emergency DC grid is discussed; suggestions for batteries are given; two simple chargers, based on DC-DC-converters like the Buck (step-down) and on the Boost (step-up) converters, are shown; dimensioning suggestions are given; and simple, robust controllers, a P-controller with disturbance feedforward and a hysteresis controller, are treated and tested via simulations. The goal of the paper is to show a simple autonomous home energy system without an external fieldbus, LAN or internet connection with special focus on simple charger topologies.","PeriodicalId":35642,"journal":{"name":"Electricity Journal","volume":"46 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75449820","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
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