Capacity Expansion Modeling for Storage Technologies [electronic resource]
Power Systems; Capacity Expansion Modeling; Energy Storage; Battery Storage; Grid Services; Value Stacking; Renewable Energy Integration.
Saved in:
| Online Access: |
Online Access (via OSTI) |
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| Corporate Author: | |
| Format: | Government Document Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C. : Oak Ridge, Tenn. :
United States. Department of Energy. Office of Energy Efficiency and Renewable Energy ; distributed by the Office of Scientific and Technical Information, U.S. Department of Energy,
2017.
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| Subjects: |
| Summary: | Power Systems; Capacity Expansion Modeling; Energy Storage; Battery Storage; Grid Services; Value Stacking; Renewable Energy Integration. |
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| Abstract: | The Resource Planning Model (RPM) is a capacity expansion model designed for regional power systems and high levels of renewable generation. Recent extensions capture value-stacking for storage technologies, including batteries and concentrating solar power with storage. After estimating per-unit capacity value and curtailment reduction potential, RPM co-optimizes investment decisions and reduced-form dispatch, accounting for planning reserves; energy value, including arbitrage and curtailment reduction; and three types of operating reserves. Multiple technology cost scenarios are analyzed to determine level of deployment in the Western Interconnection under various conditions. |
| Item Description: | Published through SciTech Connect. 04/03/2017. "nrel/pr-6a20-67532" Presented at the Institute for Operations Research and the Management Sciences (INFORMS) Annual Meeting, 13-16 November 2016, Nashville, Tennessee. Hale, Elaine; Stoll, Brady; Mai, Trieu. |
| Physical Description: | 1.4 MB : digital, PDF file. |