Optimal subhourly electricity resource dispatch under multiple price signals with high renewable generation availability

Chassin, David P.; Behboodi, Sahand; Djilali, Ned

doi:10.1016/j.apenergy.2018.01.041

Title: Optimal subhourly electricity resource dispatch under multiple price signals with high renewable generation availability

Abstract

This article proposes a system-wide optimal resource dispatch strategy that enables a shift from a primarily energy cost-based approach, to a strategy using simultaneous price signals for energy, power and ramping behavior. A formal method to compute the optimal sub-hourly power trajectory is derived for a system when the price of energy and ramping are both significant. Optimal control functions are obtained in both time and frequency domains, and a discrete-time solution suitable for periodic feedback control systems is presented. The method is applied to North America Western Interconnection for the planning year 2024, and it is shown that an optimal dispatch strategy that simultaneously considers both the cost of energy and the cost of ramping leads to significant cost savings in systems with high levels of renewable generation: the savings exceed 25% of the total system operating cost for a 50% renewables scenario.

Authors:

Chassin, David P. ^[1]; Behboodi, Sahand ^[2]; Djilali, Ned ^[2]

SLAC National Accelerator Lab., Menlo Park, CA (United States); Univ. of Victoria, BC (Canada). Inst. for Integrated Energy Systems and Mechanical Engineering Dept.
Univ. of Victoria, BC (Canada). Inst. for Integrated Energy Systems and Mechanical Engineering Dept.

Publication Date:: Sun Jan 28 00:00:00 EST 2018

Research Org.:: SLAC National Accelerator Lab., Menlo Park, CA (United States)

Sponsoring Org.:: USDOE; California Energy Commission; University of Victoria

OSTI Identifier:: 1425624

Grant/Contract Number:: AC02-76SF00515

Resource Type:: Accepted Manuscript

Journal Name:: Applied Energy

Additional Journal Information:: Journal Volume: 213; Journal Issue: C; Journal ID: ISSN 0306-2619

Publisher:: Elsevier

Country of Publication:: United States

Language:: English

Subject:: 29 ENERGY PLANNING, POLICY, AND ECONOMY; Electricity pricing; Bulk electric system; Optimal energy dispatch; Optimal ramping; Renewable integration; Resource allocation

Citation Formats


                    Chassin, David P., Behboodi, Sahand, and Djilali, Ned. Optimal subhourly electricity resource dispatch under multiple price signals with high renewable generation availability.  United States: N. p., 2018. 
Web.  doi:10.1016/j.apenergy.2018.01.041.

Copy to clipboard


                    Chassin, David P., Behboodi, Sahand, & Djilali, Ned. Optimal subhourly electricity resource dispatch under multiple price signals with high renewable generation availability.  United States.  https://doi.org/10.1016/j.apenergy.2018.01.041

Copy to clipboard


                    Chassin, David P., Behboodi, Sahand, and Djilali, Ned. Sun .  
"Optimal subhourly electricity resource dispatch under multiple price signals with high renewable generation availability".  United States.  https://doi.org/10.1016/j.apenergy.2018.01.041.  https://www.osti.gov/servlets/purl/1425624.

Copy to clipboard


                    
@article{osti_1425624,

  title        = {Optimal subhourly electricity resource dispatch under multiple price signals with high renewable generation availability},

  author       = {Chassin, David P. and Behboodi, Sahand and Djilali, Ned},

  abstractNote = {This article proposes a system-wide optimal resource dispatch strategy that enables a shift from a primarily energy cost-based approach, to a strategy using simultaneous price signals for energy, power and ramping behavior. A formal method to compute the optimal sub-hourly power trajectory is derived for a system when the price of energy and ramping are both significant. Optimal control functions are obtained in both time and frequency domains, and a discrete-time solution suitable for periodic feedback control systems is presented. The method is applied to North America Western Interconnection for the planning year 2024, and it is shown that an optimal dispatch strategy that simultaneously considers both the cost of energy and the cost of ramping leads to significant cost savings in systems with high levels of renewable generation: the savings exceed 25% of the total system operating cost for a 50% renewables scenario.},

  doi          = {10.1016/j.apenergy.2018.01.041},

  journal      = {Applied Energy},

  number       = C,

  volume       = 213,

  place        = {United States},

  year         = {Sun Jan 28 00:00:00 EST 2018},

  month        = {Sun Jan 28 00:00:00 EST 2018}

}

Copy to clipboard

Journal Article:

Free Publicly Available Full Text

Accepted Manuscript (DOE)

Publisher's Version of Record

https://doi.org/10.1016/j.apenergy.2018.01.041

Other availability

Search WorldCat to find libraries that may hold this journal

Citation Metrics:

Cited by: 3 works

Citation information provided by
Web of Science

Figures / Tables:

Fig. 1: Power (left) and ramp (center and right) price functions.

All figures and tables (11 total)

Save / Share:

Export Metadata

Save to My Library

Figures / Tables found in this record:

Figures/Tables have been extracted from DOE-funded journal article accepted manuscripts.

Similar Records in DOE PAGES and OSTI.GOV collections:

Optimizing design and dispatch of a resilient renewable energy microgrid for a South African hospital

Journal Article Hirwa, Jusse ; Zolan, Alexander ; Becker, William ; ... - Applied Energy

Lack of access to reliable energy is a major concern for countries in sub-Saharan Africa. The national grids are unable to consistently satisfy demand. Therefore, users turn to distributed generation systems in the form of back-up generators. However, such systems are usually designed based on a rule of thumb. We employ a mixed-integer linear programming model that considers several options such as renewable energy, combined heat and power, and storage technologies, in addition to those on-site, to provide optimal design and dispatch decisions that minimize total cost. We apply this model to a case study for a hospital in Southmore »« less
https://doi.org/10.1016/j.apenergy.2023.121438
Interconnection-wide hour-ahead scheduling in the presence of intermittent renewables and demand response: A surplus maximizing approach

Journal Article Behboodi, Sahand ; Chassin, David P. ; Djilali, Ned ; ... - Applied Energy

This study describes a new approach for solving the multi-area electricity resource allocation problem when considering both intermittent renewables and demand response. The method determines the hourly inter-area export/import set that maximizes the interconnection (global) surplus satisfying transmission, generation and load constraints. The optimal inter-area transfer set effectively makes the electricity price uniform over the interconnection apart from constrained areas, which overall increases the consumer surplus more than it decreases the producer surplus. The method is computationally efficient and suitable for use in simulations that depend on optimal scheduling models. The method is demonstrated on a system that represents Northmore »« less
Cited by 13
https://doi.org/10.1016/j.apenergy.2016.12.052

Full Text Available
STOCHASTIC OPTIMAL POWER FLOW FOR REAL-TIME MANAGEMENT OF DISTRIBUTED RENEWABLE GENERATION AND DEMAND RESPONSE (Final Report)

Technical Report Zhang, Junshan

To meet the grand challenge of a sustainable energy future, there has been a surge of interest in renewable energy. Today, the uncertainty associated with renewable resources is handled by using operating reserves. The high penetration of renewable resources, however, introduces difficult-to-control dynamics and challenges for power system operation. Decision support tools are necessary at the bulk system operational level to recognize and efficiently utilize renewable resources and distributed demand response products in concert with traditional grid resources. It is envisaged that responsive load can potentially have very significant cost advantages over either spinning or non-spinning ramping reserve. Critical decisionsmore »« less
https://doi.org/10.2172/1990021

Full Text Available
Operating Strategies for Dispatchable PEM Electrolyzers that Enable Low-Cost Hydrogen Production

Conference Badgett, Alex ; Pivovar, Bryan ; Ruth, Mark

Hydrogen is a pathway to enabling decarbonization across multiple economic sectors that cannot be directly decarbonized with electricity including heat for industrial operations, medium- and heavy-duty transportation applications, long-duration energy storage, and as a feedstock for chemical synthesis. Producing hydrogen at low costs and carbon footprint is likely essential to economically decarbonize these otherwise "hard to decarbonize" sectors. Low-temperature polymer electrolyte membrane (PEM) electrolysis produces hydrogen from water and electricity and is a rapidly developing pathway towards making hydrogen at the scales required for decarbonization applications. The levelized cost of electrolytic hydrogen is dependent on the capital cost, efficiency, andmore »« less
Full Text Available
Optimal Sizing and Dispatch of Solar Power with Storage

Journal Article Cox, John ; Hamilton, William T. ; Newman, Alexandra M. ; ... - Optimization and Engineering

Designers of utility-scale solar plants with storage, seeking to maximize some aspect of plant performance, face multiple challenges. In many geographic locations, there is significant penetration of photovoltaic generation, which depresses energy prices during the hours of solar availability. An energy storage system affords the opportunity to dispatch during higher-priced time periods, but complicates plant design and dispatch decisions. Solar resource variability compounds these challenges, because determining optimal system sizes requires simultaneously considering how the plant will be operated under the imposed market and weather conditions. We develop an approach to analyze the economic performance of hybrid and single-technology solarmore »« less
https://doi.org/10.1007/s11081-022-09786-5

Similar Records