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Building Demand Flexibility: Grid Service Value of Future Market Entrants

Building Demand Flexibility: Grid Service Value of Future Market Entrants
Author:
Publisher:
Total Pages: 0
Release: 2020
Genre:
ISBN:

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The building sector is an important source of demand-side flexibility that is crucial for renewable energy integration in the future power systems. The grid service value of building flexibility, especially that which provides load shifting, has not been analyzed for the United States. We use a technology-agnostic approach based on detailed grid expansion and production cost modeling results to evaluate the capacity, energy, and ancillary service values of a marginal kilowatt-hour (kWh) of daily, shiftable building flexibility as a presumed market entrant in the 2030 U.S. power systems. We find the monthly mean of building flexibility has a range of 0-38 cents/kWh-day, depending on the original usage hour, month, region, building flexibility parameters, and grid scenario. The daily value consists of the highest-value hour each day across all the scenarios has a range of 0-620 cents/kWh-day. The results are provided in an open database for users to obtain the values of specific technologies based on what services can be provided, when, and in what quantities.


Local Electricity Markets

Local Electricity Markets
Author: Tiago Pinto
Publisher: Academic Press
Total Pages: 474
Release: 2021-07-03
Genre: Business & Economics
ISBN: 0128226668

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Local Electricity Markets introduces the fundamental characteristics, needs, and constraints shaping the design and implementation of local electricity markets. It addresses current proposed local market models and lessons from their limited practical implementation. The work discusses relevant decision and informatics tools considered important in the implementation of local electricity markets. It also includes a review on management and trading platforms, including commercially available tools. Aspects of local electricity market infrastructure are identified and discussed, including physical and software infrastructure. It discusses the current regulatory frameworks available for local electricity market development internationally. The work concludes with a discussion of barriers and opportunities for local electricity markets in the future. Delineates key components shaping the design and implementation of local electricity market structure Provides a coherent view on the enabling infrastructures and technologies that underpin local market expansion Explores the current regulatory environment for local electricity markets drawn from a global panel of contributors Exposes future paths toward widespread implementation of local electricity markets using an empirical review of barriers and opportunities Reviews relevant local electricity market case studies, pilots and demonstrators already deployed and under implementation


GT Flex

GT Flex
Author: Ryan Meyer
Publisher:
Total Pages: 31
Release: 2021
Genre: Buildings
ISBN:

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Transmission Expansion Planning: The Network Challenges of the Energy Transition

Transmission Expansion Planning: The Network Challenges of the Energy Transition
Author: Sara Lumbreras
Publisher: Springer Nature
Total Pages: 311
Release: 2020-11-19
Genre: Technology & Engineering
ISBN: 3030494284

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This book presents a panoramic look at the transformation of the transmission network in the context of the energy transition. It provides readers with basic definitions as well as details on current challenges and emerging technologies. In-depth chapters cover the integration of renewables, the particularities of planning large-scale systems, efficient reduction and solution methods, the possibilities of HVDC and super grids, distributed generation, smart grids, demand response, and new regulatory schemes. The content is complemented with case studies that highlight the importance of the power transmission network as the backbone of modern energy systems. This book will be a comprehensive reference that will be useful to both academics and practitioners.


Flexible demand for electricity and power:

Flexible demand for electricity and power:
Author: Nordic Council of Ministers
Publisher: Nordic Council of Ministers
Total Pages: 83
Release: 2017-12-19
Genre: Science
ISBN: 9289352604

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Demand side flexibility is the ability of power consumers to reduce their demand in periods of peak load, possibly shifting demand to other periods. The organisation for the Nordic energy regulators, NordREG, has ordered this study to explore demand side flexibility in a Nordic perspective. The study contains a literature survey of demand side flexibility and assess the potential for, and benefit of demand side flexibility. Based on the survey, the report highlights implementation barriers and possible contributions from to reducing these barriers. Existing barriers are e.g lack of ICT, automation services, smart meters and real-time prices. The greatest potential for demand side flexibility in the Nordics is within residential space heating. The value of demand side flexibility is uncertain, but may be 1–2 billion SEK per year.


Demand response in the Nordic electricity market

Demand response in the Nordic electricity market
Author: THEMA Consulting Group
Publisher: Nordic Council of Ministers
Total Pages: 96
Release: 2014-09-10
Genre:
ISBN: 9289337710

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The report provides input to a Nordic strategy on how to address consumer flexibility in a cost-efficient manner. The main recommendation is to focus on increased market efficiency in general and not promote specific measures on the demand side unless market failures are identified. Even so, it’s recommended that standard data formats on price signals to small consumers should be further assessed.


Future of solar photovoltaic

Future of solar photovoltaic
Author: International Renewable Energy Agency IRENA
Publisher: International Renewable Energy Agency (IRENA)
Total Pages: 145
Release: 2019-11-01
Genre: Technology & Engineering
ISBN: 9292601989

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This study presents options to fully unlock the world’s vast solar PV potential over the period until 2050. It builds on IRENA’s global roadmap to scale up renewables and meet climate goals.


Demand side flexibility in the Nordic electricity market

Demand side flexibility in the Nordic electricity market
Author: Nordic Council of Ministers
Publisher: Nordic Council of Ministers
Total Pages: 72
Release: 2017-12-12
Genre: Political Science
ISBN: 9289352396

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The organisation for the Nordic energy regulators, NordREG, has ordered this study to explore status of demand side flexibility among Nordic distribution system operators (DSOs). Demand side response is a question of mobilising potential flexibility in how and when end users choose to use energy, and how such flexibility can provide value to the network. Network value can be reduced or deferred investments, better system reliability or other system cost reductions. This report addresses concepts for utilising demand response and related regulatory issues. The report also includes an interview study among selected DSOs in the Nordic countries. This addresses current status, how flexibility can be a value for their business, what they see as barriers and planned activities relating to demand response.


International Trade in Sustainable Electricity

International Trade in Sustainable Electricity
Author: Thomas Cottier
Publisher: Cambridge University Press
Total Pages: 509
Release: 2017-06
Genre: Business & Economics
ISBN: 110716334X

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This book explores the regulatory challenges posed by the changing landscape of electricity trade to the multilateral trading system.