Cost-Benefit Analysis of Grid-Supportive Loads for Fast Frequency Response
Flexibility in inverter-based loads could be used to support the converter-dominated power grid by offering a rapid, autonomous, and adjustable power reserve during system transients to help maintain system stability. Based on technical potential, ancillary service (AS) value, and implementation costs, this study illustrates the cost-benefit analysis of grid-supportive loads (GSLs) for the supply of fast frequency response (FFR). The net benefit for each GSL is demonstrated using a case study and relevant data sources. The findings suggest that implementation costs for enabling GSL features are low compared to the value that grid operators get from the acquisition of responsive reserve services. The authors believe that, given the rising popularity of renewable energy sources, GSLs can be a useful tool for grid stability in low-inertia systems.
- Research Organization:
- National Renewable Energy Laboratory (NREL), Golden, CO (United States)
- Sponsoring Organization:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE), Energy Efficiency Office. Building Technologies Office
- DOE Contract Number:
- AC36-08GO28308
- OSTI ID:
- 1983900
- Report Number(s):
- NREL/CP-6A40-86438; MainId:87211; UUID:478100bb-f2a3-4d6d-ad2c-6554f155859d; MainAdminID:69671
- Resource Relation:
- Conference: Presented at the 2023 IEEE PES Grid Edge Technologies Conference & Exposition (Grid Edge), 10-13 April 2023, San Diego, California; Related Information: 83405
- Country of Publication:
- United States
- Language:
- English
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