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Title: Reliability and the Oncoming Wave of Retiring Baseload Units, Volume I: The Critical Role of Thermal Units During Extreme Weather Events

Abstract

This study examines the cold weather event now known as the Bomb Cyclone that blanketed much of the eastern half of the United States from Dec 27, 2017 through Jan 8, 2018. Analyses focus on six areas of organized markets administered by independent system operators in the US Eastern Interconnection and Texas. This report finds: (1) Combined, fossil and nuclear energy plants provided 89% of electricity during peak demand across all the ISOs; (2) Coal provided the most resilient form of generation in PJM; (3) The value of fuel-based power generation resilience in PJM during this event was estimated at $3.5 billion; (4) Natural gas price spikes, increased demand, and pipeline constraints led to significant fuel oil burn in the US Northeast; (5) Renewables imposed a resilience penalty on the system as output decreased as demand increased; (6) Underestimation of coal and nuclear retirements could give rise to reliability concerns and an inability to meet projected electricity demand.

Authors:
 [1]; ;  [1];  [1];  [1];  [1];  [1]
  1. NETL
Publication Date:
Research Org.:
NETL
Sponsoring Org.:
FE
OSTI Identifier:
1506081
Report Number(s):
NETL-PUB-21712
DOE Contract Number:  
DE-FE0025912
Resource Type:
Technical Report
Country of Publication:
United States
Language:
English
Subject:
Reliability; resilience; baseload; retirements; energy markets; ISO/RTO

Citation Formats

Balash PhD, Peter C, Brewer, John, Kern, Kenneth C., Nichols, Chris, Adder, Justin, Pickenpaugh, Gavin, and Shuster, Erik. Reliability and the Oncoming Wave of Retiring Baseload Units, Volume I: The Critical Role of Thermal Units During Extreme Weather Events. United States: N. p., 2018. Web. doi:10.2172/1506081.
Balash PhD, Peter C, Brewer, John, Kern, Kenneth C., Nichols, Chris, Adder, Justin, Pickenpaugh, Gavin, & Shuster, Erik. Reliability and the Oncoming Wave of Retiring Baseload Units, Volume I: The Critical Role of Thermal Units During Extreme Weather Events. United States. doi:10.2172/1506081.
Balash PhD, Peter C, Brewer, John, Kern, Kenneth C., Nichols, Chris, Adder, Justin, Pickenpaugh, Gavin, and Shuster, Erik. Fri . "Reliability and the Oncoming Wave of Retiring Baseload Units, Volume I: The Critical Role of Thermal Units During Extreme Weather Events". United States. doi:10.2172/1506081. https://www.osti.gov/servlets/purl/1506081.
@article{osti_1506081,
title = {Reliability and the Oncoming Wave of Retiring Baseload Units, Volume I: The Critical Role of Thermal Units During Extreme Weather Events},
author = {Balash PhD, Peter C and Brewer, John and Kern, Kenneth C. and Nichols, Chris and Adder, Justin and Pickenpaugh, Gavin and Shuster, Erik},
abstractNote = {This study examines the cold weather event now known as the Bomb Cyclone that blanketed much of the eastern half of the United States from Dec 27, 2017 through Jan 8, 2018. Analyses focus on six areas of organized markets administered by independent system operators in the US Eastern Interconnection and Texas. This report finds: (1) Combined, fossil and nuclear energy plants provided 89% of electricity during peak demand across all the ISOs; (2) Coal provided the most resilient form of generation in PJM; (3) The value of fuel-based power generation resilience in PJM during this event was estimated at $3.5 billion; (4) Natural gas price spikes, increased demand, and pipeline constraints led to significant fuel oil burn in the US Northeast; (5) Renewables imposed a resilience penalty on the system as output decreased as demand increased; (6) Underestimation of coal and nuclear retirements could give rise to reliability concerns and an inability to meet projected electricity demand.},
doi = {10.2172/1506081},
journal = {},
number = ,
volume = ,
place = {United States},
year = {2018},
month = {3}
}

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