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Search indexed NASA NTRS and DOE OSTI research on propulsion, heat transfer, battery materials and energy systems. Follow report and document links to the original sources.

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At least 469 records · Page 26
All sourcesNASA NTRSDOE OSTI
DOE OSTI2018

Opportunities for Price Manipulation by Aggregators in Electricity Markets

Aggregators of distributed generation are playing an increasingly crucial role in the integration of renewable energy in power systems. However, the intermittent nature of renewable generation makes market interactions of aggregators difficult to monitor and regulate, raising concerns about potential market manipulation by aggregators. In this paper, we study this issue by quantifying the profit an aggregator can obtain through strategic curtailment of generation in an electricity market. We show that, while the problem of maximizing the benefit from curtailment is hard in general, efficient algorithms exist when the topology of the network is radial (acyclic). Further, we highlight that significant increases in profit are possible via strategic curtailment in practical settings.

Azizan Ruhi, Navid (ORCID:0000000242992963)↗
DOE OSTI2014

Utility-Scale Solar 2013: An empirical analysis of project cost, performance, and pricing trends in the United States

Other than the SEGS I-IX parabolic trough projects built in the 1980s, virtually no large-scale or "utility-scale" solar projects-defined here to include any ground-mounted photovoltaic ("PV"), concentrating photovoltaic ("CPV"), or concentrating solar power ("CSP" or solar thermal) project larger than 5 MW AC -existed in the United States prior to 2007.

14 SOLAR ENERGY↗
DOE OSTI2017

The Effects of Rising Interest Rates on Electric Utility Stock Prices: Regulatory Considerations and Approaches

This technical brief identifies conditions under which utility regulators should consider implementing policy approaches that seek to mitigate negative outcomes due to an increase in interest rates. Interest rates are a key factor in determining a utility’s cost of equity and investors find value when returns exceed the cost of equity. Through historical observations of periods of rising and falling interest rates and application of a pro forma financial tool, we identify the key drivers of utility stock valuations and estimate the degree to which those valuations might be affected by increasing interest rates.3 We also analyze the efficacy of responses by utility regulators to mitigate potential negative financial impacts. We find that regulators have several possible approaches to mitigate a decline in value in an environment of increasing interest rates, though regulators must weigh the tradeoffs of improving investor value with potential increases in customer costs. Furthermore, the range of approaches reflects today’s many different electric utility regulatory models and regulatory responses to a decline in investor value will fit within state-specific models.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗
DOE OSTI2017

Distribution System Pricing with Distributed Energy Resources

Technological changes in the electric utility industry bring tremendous opportunities and significant challenges. Customers are installing clean sources of on-site generation such as rooftop solar photovoltaic (PV) systems. At the same time, smart appliances and control systems that can communicate with the grid are entering the retail market. Among the opportunities these changes create are a cleaner and more diverse power system, the ability to improve system reliability and system resilience, and the potential for lower total costs. Challenges include integrating these new resources in a way that maintains system reliability, provides an equitable sharing of system costs, and avoids unbalanced impacts on different groups of customers, including those who install distributed energy resources (DERs) and low-income households who may be the least able to afford the transition.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗
DOE OSTI2018

Financial Responsibility Pricing Foundations White Paper

This report presents and discusses the financial parameters incorporated in the financial instruments used to meet financial responsibility requirements per the U.S. Environmental Protection Agency’s Underground Injection Control Class VI well regulations. These financial instruments are: Trust Fund, Escrow Account, Insurance, Letter of Credit, Surety Bond, and Self-Insurance. They provide financial coverage to complete corrective action, injection well plugging, and post-injection site care and site closure and respond to incidents requiring emergency and remedial response should the operator fail to do so.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗
DOE OSTI2022

Price Formation in Zero-Carbon Electricity Markets: The Role of Hydropower

In April 2019, Water Power Technologies Office (WPTO) launched the HydroWIRES Initiative to understand, enable, and improve hydropower and pumped storage hydropower’s (PSH’s) contributions to reliability, resilience, and integration in the rapidly evolving U.S. electricity system. The unique characteristics of hydropower, including PSH, make it well suited to provide a range of storage, generation flexibility, and other grid services to support the cost-effective integration of variable renewable resources. The U.S. electricity system is rapidly evolving, bringing both opportunities and challenges for the hydropower sector. While increasing deployment of variable renewables such as wind and solar have enabled low-cost, clean energy in many U.S. regions, it has also created a need for resources that can store energy or quickly change their operations to ensure a reliable and resilient grid. Hydropower (including PSH) is not only a supplier of bulk, low-cost, renewable energy but also a source of large-scale flexibility and a force multiplier for other renewable power generation sources. Realizing this potential requires innovation in several areas: understanding value drivers for hydropower under evolving system conditions, describing flexible capabilities and associated tradeoffs associated with hydropower meeting system needs, optimizing hydropower operations and planning, and developing innovative technologies that enable hydropower to operate more flexibly.

13 HYDRO ENERGY↗
DOE OSTI2023

Final Technical Report: Impact of Wildfires on Solar Generation, Reserves, and Energy Prices

This study quantifies the potential impacts of wildfires on the California grid, specifically the impacts under three different wildfire scenarios: a "no wildfire" scenario and two wildfire-specific scenarios, "2020 wildfire" and "enhanced wildfire" (with both wildfire scenarios assuming spatial distribution of the wildfire location the same as the 2020 fires). The study combines each scenario with two solar energy infrastructures: one corresponding to the current solar installation and the other to future (midcentury) solar installation. The analysis is conducted using state-of-the-science modeling tools: primarily WRF-Chem for atmospheric modeling with chemistry to account for impacts of wildfires on solar radiation and PLEXOS for electricity market simulations. The analysis suggests that wildfires can significantly attenuate solar radiation at both short downwind distances as well as far from the emissions sources. Although the study is limited in scope, and the analysis studies only a few of the many factors that can affect photovoltaic generation and electricity markets, it indicates that wildfire smoke is an important factor that needs to be carefully considered and analyzed in planning the future grid.

electricity market↗