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1 sec
Inertia
Droop
control
10
sec
Auto.
Gen.
Control
Minutes
Hours
Load
Hourly
Following
Markets
Adjustments OPF
Days
Unit
Commit-
ment
Months
Seasonal
Planning
Years
Investment
planning.
Policy.
EE 295
Smarter Electric Energy Systems
Part 2A Some Basics of Power
Supply Economics
http://en.wikipedia.org/wiki/Steam_power_plant
4
Fixed O&M
Fuel
Energy
sales
Ancillary
services
(e.g.
reserves
or
reactive
power)
Capacity
payments
Renewable
Energy
Credits
Emissions
Permits
(if
it
owns
more
than
it
consumes)
Direct
sales
of
CO2
for
Enhanced
Oil
Recovery,
or
processes
Process
heat
sales
Sales
of
post-combustion
solids
Renewable
Energy
Credits
(for
qualifying
plants)
Tax
Credits
6
Contingency
analysis
If
any
one
of
these
n components
break,
how
will
the
power
get
from
here
to
there?
Unit commitment
10
https://www.misoenergy.org/LMPContourMap/MISO_All.html
11
Storage
13
Renewables
15
16
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
17
Solar
Extra-terrestrial:
P
=
~1353
W/m2
Terrestrial:
P
=
~1000
W/m2
Find
the
daily
energy
from
the
sun.
Compare
this
to
~80
million
bpd
oil
production.
mean
radius
of
earth
=
6,371 km
18
19
A VT day in January
200
180
160
140
120
Global
100
Direct
80
60
40
20
20
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48
A day in June
800
700
600
500
Series1
400
Series2
Series3
300
200
100
0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49
21
22
Active solar
Solar PV
23
24
ra2energy.com
25
Solar PV
26
PV characteristic
27
28
Wind resources
29
30
31
Intermittency
Wind turbines
33
Tidal energy
34
Demand Response
(Using data from BED)
Demand
Response
is
a
program
through
which
customers
can
receive
payments
for
voluntarily
reducing
their
electricity
use
at
times
when
costs
related
to
maintaining
New
England
generating
capability
and
transmission
capability
are
high
(which
are
also
typically
the
times
when
wholesale
electricity
prices
are
high
as
well).
For
BED
the
program
is
driven
by
economics
(rather
than
by
concerns
about
BED
system
reliability).
9/30/15
36
DR Impact
65
Actual Load
60
55
50
45
40
35
30
25
11 13 15 17 19 21 23
9/30/15
37
9/30/15
38
9/30/15
39
9/30/15
40
9/30/15
41
DR Impact
Actual Load
60
Megawatts
55
50
45
40
35
30
25
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
9/30/15
42
9/30/15
43
Event End
Event Start
15 MW
Baseline Usage
Actual Usage
Committed Capacity
10 MW
5 MW
0 MW
1:00 PM
9/30/15
2:00 PM
44
3:00 PM
4:00 PM
5:00 PM
6:00 PM
BEDR Impact
ISO Annual
No
---
VT Annual
No
---
BED Annual
No
---
VT Monthly
No
---
9/30/15
45
Bulk storage
47
Bulk storage
Types
of
storage
Batteries
Thermal
Compressed
air
Pumped
hydro
Flywheels
Size
kW
kWh
Cost
metrics
$/kW
$/kWh
Density
kW/kg
kWh/kg
48
From PNNL:
Kintner-Meyer
et
al.
Energy
Storage
for
Power
Systems
Applications:
A
regional
assessment
for
the
Northwest
Power
Pool.
PNNL,
April
2010
49
50
51