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.
- Publication Date:
- OSTI Identifier:
- Report Number(s):
- DOE Contract Number:
- Resource Type:
- 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
- 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
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