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Title: Western Interconnection Energy Imbalance Market Status and Prospects (Presentation)

This presentation describes how a new wholesale electricity market for energy imbalance ancillary services could be implemented and operated. Some conclusions of this presentation are: (1) Method for calculating additional reserve requirements due to wind and solar production; (2) EIM results in substantial reduction in reserves requirements and ramping demand; (3) Reduced participation reduces benefits for all but reduces the benefits to non-participants the most; (4) Full participation leads to maximum benefit across the Western Interconnection, up to 42% of total reserve requirement; and (5) Regional EIM implementations have smaller but substantial benefits.
Authors:
; ; ;
Publication Date:
OSTI Identifier:
1029428
Report Number(s):
NREL/PR-5500-53298
TRN: US201123%%285
DOE Contract Number:
AC36-08GO28308
Resource Type:
Conference
Resource Relation:
Conference: Presented at the Market Operations and Transmission Policy Users Group, 12 October 2011, Lahaina, Hawaii; Related Information: NREL (National Renewable Energy Laboratory)
Research Org:
National Renewable Energy Laboratory (NREL), Golden, CO.
Sponsoring Org:
USDOE Office of Wind and Water Power Program
Country of Publication:
United States
Language:
English
Subject:
17 WIND ENERGY; 24 POWER TRANSMISSION AND DISTRIBUTION; ELECTRICITY; MARKET; PRODUCTION VARIABLE GENERATION; ANCILLARY SERVICES; BALANCING AREAS; OPERATIONAL OVERVIEW; COST BENEFIT; MARKET OPERATION; RESERVE CALCULATIONS; Electricity, Resources, and Buildings Systems