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22 records · Page 2

Retail Rate Projections for Long-Term Electricity System Models

Electricity prices reported in most electricity-system planning studies leave out many price components and do not translate into retail rates, making it difficult to interpret how projected electricity system changes will impact costs to consumers. Full transmission costs are left out of many studies; distribution and administration costs are similarly excluded or highly simplified. Here, we present a detailed bottom-up accounting method for projecting future retail electricity rates in the United States. Making the simplifying assumption that each state is served by an investor-owned utility (IOU), we translate projected generation and transmission capacity and costs from the Regional Energy Deployment System (ReEDS) capacity-expansion model into IOU balance sheet expenditures, accounting for depreciation, taxes, and the breakdown between operating and capitalized (rate-based) expenses. Distribution, administration, and intra-regional transmission costs are projected forward based on empirical trends over the past decade. Modeled bottom-up electricity rates are compared to historical rates from 2010-2019, and the sensitivity of modeled rates to a range of financing and modeling assumptions is explored. Distribution and administration rate components account for roughly 40% (4.4 ¢/kWh) of the projected national-average retail rate over 2020-2050 under central assumptions.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Making Grid-interactive Efficient Buildings a “Win” for Both Customers and Utilities

Buildings account for more than 70% of U.S. electricity use and at least one-third of U.S. economy-wide CO2 emissions. Changing the timing and overall amount of electricity consumption in buildings would significantly reduce energy costs to consumers and facilitate the transition to a decarbonized economy. Grid-interactive efficient buildings (GEBs) incorporate energy efficiency, smart technologies, and active use of distributed energy resources (DERs) to provide these benefits. As the link between the customer and the power system, utilities are central to widespread deployment of GEBs. Yet, despite the significant cost savings and operational benefits of GEBs for utilities, deployment has remained limited. This paper explores emerging models for enabling utilities to facilitate GEB adoption. Building off foundational research conducted to develop the U.S. DOE’s A National Roadmap for Grid-Interactive Efficient Buildings, we describe the most novel recent examples of ways in which utilities and regulators have made demand-side innovation a win for both the customer and the utility. Emerging concepts include: (1) performance incentive mechanisms to align GEB deployment with utility financial motivations, (2) the use of subscription pricing (i.e., fixed monthly bills) to promote load flexibility and energy efficiency, (3) rate-basing utility-controlled behind-the-meter assets, and (4) coupling energy efficiency and load flexibility with electrification proposals to ensure that customer benefits are maximized. The paper concludes with a discussion about prospects for widespread GEB deployment and utilization by utilities, and how to scale efforts.

Satchwell, Andrew↗

Rate-based congestion control in networks with smart links, revision

The author uses a network simulator to explore rate-based congestion control in networks with smart links that can feed back information to tell senders to adjust their transmission rates. This method differs in a very important way from congestion control in which a congested network component just drops packets - the most commonly used method. It is clearly advantageous for the links in the network to communicate with the end users about the network capacity, rather than the users unilaterally picking a transmission rate. The components in the middle of the network, not the end users, have information about the capacity and traffic in the network. The author experiments with three different algorithms for calculating the control rate to feed back to the users. All of the algorithms exhibit problems in the form of large queues when simulated with a configuration modeling the dynamics of a packet-voice system. However, the problems are not with the algorithms themselves, but with the fact that feedback takes time. If the network steady-state utilization is low enough that it can absorb transients in the traffic through it, then the large queues disappear. If the users are modified to start sending slowly, to allow the network to adapt to a new flow without causing congestion, a greater portion of the network's bandwidth can be used.

Heybey, Andrew Tyrrell↗

A flow-control mechanism for distributed systems

A new approach to the rate-based flow control in store-and-forward networks is evaluated. Existing methods display oscillations in the presence of transport delays. The proposed scheme is based on the explicit use of an embedded dynamic model of a store-and-forward buffer in a controller's feedback loop. It is shown that the use of the model eliminates the oscillations caused by the transport delays. The paper presents simulation examples and assesses the applicability of the scheme in the new generation of high-speed photonic networks where transport delays must be considered.

Maitan, J.↗