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DOI10.1016/j.rser.2017.06.037
Assessing environmental, economic, and reliability impacts of flexible ramp products in MISO's electricity market
Cornelius, Adam1; Bandyopadhyay, Rubenka2; Patino-Echeverri, Dalia3
发表日期2018
ISSN1364-0321
卷号81页码:2291-2298
英文摘要

Increased variability and uncertainty of net electrical load due to high penetration of wind and solar power augments the need for dispatching conventional generators with sufficient ramping capability (RC) needed to balance demand with supply. Having sufficient RC reduces the need of last minute dispatch schedule modifications which cause cost, reliability and environmental outcomes that reduce the benefits of renewables. The Midcontinent Independent System Operator (MISO), has modified its Unit Commitment and Economic Dispatch algorithms to account for the economic value of provisioning adequate RC levels. This paper explores the outcomes of this modified market-clearing process by simulating 10-minute operations of a scaled MISO test system, for three representative months under low and high wind penetration scenarios. Changes in system performance are quantified by comparing system costs, scarcity events/pricing, energy prices, generation-fuel mix, wind-power curtailment, and CO2 emissions between the conventional market-clearing algorithm and one with flexible RC products. Results indicate that adding RC products lowers CO2 emissions and system costs, facilitates wind integration, and improves reliability. These benefits are robust to changes in the market clearing algorithm parameters such as over/under generation penalties and reserve scarcity prices.


英文关键词Ramp Capability products;Renewable power integration;Unit commitment and economic dispatch;Market clearing algorithms;Uncertainty analysis in electric power markets
语种英语
WOS记录号WOS:000417078200050
来源期刊RENEWABLE & SUSTAINABLE ENERGY REVIEWS
来源机构美国环保署
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/58031
作者单位1.FERC, Washington, DC USA;
2.US EPA, Durham, NC 27709 USA;
3.Duke Univ, Nicholas Sch Environm, Durham, NC 27708 USA
推荐引用方式
GB/T 7714
Cornelius, Adam,Bandyopadhyay, Rubenka,Patino-Echeverri, Dalia. Assessing environmental, economic, and reliability impacts of flexible ramp products in MISO's electricity market[J]. 美国环保署,2018,81:2291-2298.
APA Cornelius, Adam,Bandyopadhyay, Rubenka,&Patino-Echeverri, Dalia.(2018).Assessing environmental, economic, and reliability impacts of flexible ramp products in MISO's electricity market.RENEWABLE & SUSTAINABLE ENERGY REVIEWS,81,2291-2298.
MLA Cornelius, Adam,et al."Assessing environmental, economic, and reliability impacts of flexible ramp products in MISO's electricity market".RENEWABLE & SUSTAINABLE ENERGY REVIEWS 81(2018):2291-2298.
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