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At least 1,441 records · Page 80

Advanced Integrated Reticular Sorbent-Coated System to Capture CO 2 from the Atmosphere (AIR2CO2)

GE Research Center (GRC) and the University of California, Berkeley (UCB) executed an 15-month, $1.0 MM program to develop a lab-scale material system to extract CO 2 from ambient air using UCB’s pioneering sorbent technology and GRC’s composite coating expertise. The primary objective of this project was to develop an “Advanced Integrated Reticular Sorbent-Coated System to Capture CO 2 from the Atmosphere (AIR2CO2)” at a Technology Readiness Level (TRL) of 3. The AIR2CO2 concept relies on two key innovations: 1) advanced sorbent architectures with high capacity and rapid sorption kinetics that enable effective CO 2 capture at low concentrations, and 2) tailored MOF-binder slurry formulations and coating processes that enable sorbent integration into a novel additively-manufactured contactor.

36 MATERIALS SCIENCE↗

Solar Receiver with Integrated Thermal Storage for a Supercritical Carbon Dioxide Power Cycle

This project endeavors to design and demonstrate an integrated CSP system that meets the Department of Energy’s 6¢/kW-hr LCOE goal. This design is based on the 10 MW e Supercritical Transformational Electric Power (STEP) engine specifications, but adaptable to any sCO 2 power module up to 10 MW e . The enabling technology to be tested is a new class of metal hydride based thermal energy storage materials which can store thermal energy in the hydrogen bonds between the metal hydride and hydrogen. This thermochemical energy storage solution provides a much greater energy density than sensible and latent energy storage enabling an integrated system design that closely linked the metal hydride to the power block. This allows the entire system to be mounted up tower to provide cost reductions.

14 SOLAR ENERGY↗

Integrated Monitoring of Macroalgae Farms Using Acoustics and UUV Sensing

The vision of this project was to develop an integrated system for autonomous underwater vehicle (AUV) monitoring of offshore kelp farms using acoustic, environmental, and optical sensors. This project supports the overall MARINER goals of developing an offshore kelp aquaculture industry to produce low-carbon or carbon-neutral biofuels. The project commenced in the spring of 2018 and used laboratory experiments to test the efficacy of acoustic sensors for monitoring kelp farm lines and growing kelp biomass. Sensors were then integrated onto two AUVs as well as an autonomous surface vehicle in order to establish the optimal type, price point, and vehicle to most efficiently monitor kelp farm structures, kelp biomass, and the surrounding environment. Multiple field deployments of these vehicles and sensors in Massachusetts, New Hampshire, and Maine confirmed that farm lines and kelp could be visualized and that monitoring the spatial patterns of environmental variables was possible. The COVID-19 pandemic severely limited fieldwork activities and laboratory testing, with deployments around kelp farms not occurring again until January 2021. Time spent away from the field focused on data visualization and the development of a low-cost, vessel-based sensor system. Unfortunately, the low-cost system experienced a disk failure during its first deployment and due to multiple resignations from the project team further engineering and development was not possible. Additionally, final results from acoustic sensor testing in 2021 were also not able to be completed due to the resignation of the postdoc leading the analysis. Despite these setbacks, multiple avenues for further development of optical imagery processing from the 360-degree Kelpcam camera and testing of the low-cost sensor system may be possible.

09 BIOMASS FUELS↗

Integrated Hydrogen Energy Storage System (IHESS) for Power Generation (Final Report)

GTI Energy partnered with Praxair Inc., a subsidiary of Linde PLC (Praxair), the Center for Electromechanics at the University of Texas at Austin (CEM), Entergy Corporation (Entergy), Quanta Services (Quanta) and Mitsubishi Heavy Industries (MHI) to perform a feasibility study that determines the economic and technical feasibility of low-carbon hydrogen energy storage integrated with a site-specific fossil fuel asset to decarbonize electricity production using the Integrated Hydrogen Energy Storage System (IHESS). The proposed IHESS concept is novel, as it sought to leverage the existing natural gas infrastructure, hydrogen production and pipelines, existing underground hydrogen storage system and power plants in the Gulf Coast region to reduce carbon emissions and generate lowcarbon electricity. This study has shown that IHESS has a promising commercial outlook as the concept leverages existing natural gas infrastructure assets and hydrogen production and storage that are unique to the Texas gulf coast region. A key hurdle with hydrogen supply and transportation has been capital investment. By storing hydrogen in underground storage and delivering it as a fuel source during peak demand using the existing infrastructure minimizes the capital investment. Regional petrochemical producers who are actively seeking opportunities to reduce costs and lower emissions should find the IHESS concept very appealing.

03 NATURAL GAS↗

A Summary of Validation Studies for the Integrated TIGER Series Performed on ACORN Plus-up 218468/99

The Integrated TIGER Series (ITS) transport code is a valuable tool for photon-electron transport. A seven-problem validation suite exists to make sure that the ITS transport code works as intended. It is important to ensure that data from benchmark problems is correctly compared to simulated data. Additionally, the validation suite did not previously make use of a consistent quantitative metric for comparing experimental and simulated datasets. To this end, the goal of this long-term project was to expand the validation suite both in problem type and in the quality of the error assessment. To accomplish that, the seven validation problems in the suite were examined for potential drawbacks. When a drawback was identified, the problems were ranked based on severity of the drawback and approachability of a solution. We determined that meaningful improvements could be made to the validation suite by improving the analysis for the Lockwood Albedo problem and by introducing the Ross dataset as an eighth problem to the suite. The Lockwood error analysis has been completed and will be integrated in the future. The Ross data is unfinished, but significant progress has been made towards analysis.

97 MATHEMATICS AND COMPUTING↗

Off-Road Vehicle Decarbonization and Energy Systems Integration: R&D Gaps and Opportunities

This report summarizes findings from the Off-Road Decarbonization and Energy Systems Integration workshop, hosted by the National Renewable Energy Laboratory (NREL) from March 22-24, 2022. The workshop focused on the importance of collaboration among the off-road vehicle industry and government to address barriers and opportunities for decarbonization. The workshop aligns with priorities of the U.S. Department of Energy (DOE) Vehicle Technologies Office and Hydrogen and Fuel Cell Technologies Office to decarbonize transportation in the agriculture, mining, construction, and military industries. This decarbonization effort is also intended to support original equipment manufacturers, industry associations, technology developers, utilities, and consultants. The sections within this report correspond to the three topic areas covered in the 3-day workshop: a high-level perspective of needs and challenges, vehicle and equipment decarbonization strategies, and energy systems integration opportunities.

33 ADVANCED PROPULSION SYSTEMS↗

Open-source release of CGMF 1.1 and Integration into the MCNP6.3 ® Code [Slides]

As a result of a multi-year NA-22 project, CGMF was integrated into MCNP6.2 and publicly released. CGMF was open-sourced and publicly released and MCNP6.3 was updated to include the latest version and is in the process of being publicly released. Current and future plans include global optimization and uncertainty quantification within CGMF, model parameter fitting such that CGMF may be used in ENDF/B evaluations, and improving both standalone and MCNP-integrated CGM (non-fission) simulations.

73 NUCLEAR PHYSICS AND RADIATION PHYSICS↗

Mo-100 Disk Structural Integrity Tests II

This report is a continuation of the work performed in the report, Mo-100 Disk Structural Integrity Tests I [1]. The NorthStar pressed and sintered 29 mm diameter, 0.5 mm thick Mo-100 disks will be subjected to large temperature gradients when in-beam during production. These large temperature gradients cause high stress and deformation within the disks that could prove detrimental to the target assembly’s cooling performance. Disk fracture is also a possibility that must be understood. Therefore, disk structural integrity tests were performed to understand the thermal induced behavior of these disks. In order to replicate the in-beam conditions, the Mo-100 disks were subjected to large temperature gradients using a 30kW induction heater and coil. A series of transient tests were conducted in a similar fashion as the previous work, as well as an attempt to create steady state conditions for more accurate temperature gradients. The transient thermal test setup and results are described in this report.

36 MATERIALS SCIENCE↗

Integrated Capture and Conversion of CO 2 to Methanol (ICCCM) Process Technology - CRADA 449 (Final Report)

The goal of this project is to develop a prototype system that integrates the capture and catalytic hydrogenation of CO 2 into methanol in the same solvent. Ultimately, this integrated approach could provide a technology with projected reductions to capital and operating costs by at least 20% relative to a benchmark methanol synthesis via gas-phase CO 2 hydrogenation. There were five primary objectives for the project: 1. Optimize the selections of both the catalysts and the CO 2 capture solvents to achieve high conversion (>80%) and high selectivity (>90%) toward methanol in the targeted processing ranges (100-180°C, 1-60 bar). 2. Design a reactor system that provides a fixed catalyst surface area and high-efficiency heat exchange to assure compact modular processing. 3. Build and test a reactor system and demonstrate in a bench scale continuous flow system, and use the operating data to refine the comparison to existing conversion technologies. 4. Refine techno economic (TEA) and Tech-to-Market (TTM) analyses using the experimental data obtained from the bench-scale system. 5. Use the experimental data and TEA/TTM projections to develop a conceptual design for a pre-commercial system that targets a specific market opportunity.

09 BIOMASS FUELS↗

Advanced Heterogeneous Integration Enabled by 3D Freestanding Membranes—From Material Growths to Applications

For the future of electronics such as bioelectronics, 3D integrated electronics, and bendable electronics, the need for flexibility and stackability of electronic products has substantially grown up. However, conventional wafer-based single-crystalline semiconductors cannot catch up with such trends because they are bound to thick rigid wafers such that they are neither flexible nor stackable. Although polymer-based organic electronic materials are more compatible as they are mechanically compliant and less costly than inorganic counterparts, their electronic/photonic performance is substantially inferior to that of single-crystalline inorganic materials. Such performance-mechanical compliance dilemma could be resolved by developing methods to obtain cheap, flexible, stackable, single-crystalline inorganic systems. Such dream electronic systems could be realized by producing single-crystalline freestanding membranes. For the past few decades, various layer transfer techniques (a.k.a layer liftoff techniques) have been developed to produce single-crystalline freestanding membranes. In today's talk, I will present the survey of the layer liftoff techniques and go over how these strategies unlock new ways of manufacturing advanced electronic systems. In addition, I will introduce unprecedented artificial heterostructure devices enabled by stacking of those freestanding 3D material membranes, e.g., the world's smallest vertically-stacked full-color micro-LEDs, the world's best multiferroic devices, chip-less wireless e-skin, and reconfigurable hetero-integrated chips with AI accelerators.

Kim, Jeehwan↗

An Integrated Framework for Risk Assessment of High Safety Significant Safety-related Digital Instrumentation and Control Systems in Nuclear Power Plants: Methodology and Demonstration

This report documents the activities performed by Idaho National Laboratory (INL) during Fiscal Year (FY) 2022 for the U.S. Department of Energy (DOE) Light Water Reactor Sustainability (LWRS) Program, Risk Informed Systems Analysis (RISA) Pathway, digital instrumentation and control (DI&C) risk assessment project. In FY 2019, the RISA Pathway initiated a project to develop a risk assessment strategy for delivering a technical basis to support effective and secure DI&C technologies for digital upgrades/designs. A framework was proposed for this strategy, which aims to (1) provide a best-estimate, risk-informed capability to quantitatively and accurately estimate the risk impact of plant modernization, considering the introduction of high safety-significant safety-related (HSSSR) DI&C systems, (2) support and supplement existing risk-informed DI&C design guides by providing quantitative risk information and evidence, (3) offer a capability of design architecture evaluation of various DI&C systems, (4) assure the long-term safety and reliability of HSSSR DI&C systems, and (5) reduce uncertainty in costs and support integration of DI&C systems in the plant. To achieve these technical goals, the framework provides a means to address relevant technical issues by: (1) defining a risk-informed analysis process for DI&C upgrade, that integrates hazard analysis, reliability analysis, and consequence analysis, (2) applying risk-informed tools to address common cause failures (CCFs) and quantify corresponding failure probabilities for DI&C technologies, particularly software CCFs, (3) evaluating the impact of digital failures at the component level, system level, and plant level, and (4) providing insights and suggestions on designs to manage the risks, thus to support the development and deployment of advanced DI&C technologies on nuclear power plant (NPPs).

21 SPECIFIC NUCLEAR REACTORS AND ASSOCIATED PLANTS↗

Pumped-Storage Hydropower using Abandoned Underground Mines (PSH-AUM) as an Innovative Energy Storage Technology for Fossil-Integrated Systems

Pumped-storage hydropower (PSH) provides around 95% of all utility-scale energy storage in the U.S. and globally. Additional deployment of PSH is hampered by excessively long permitting and commissioning requirements and is constrained to locations for which natural topography provides suitable elevation relief between the upper and lower reservoirs (the ΔH challenge). The purpose of this research was to evaluate Pumped-Storage Hydropower using Abandoned Underground Mines (PSH-AUM) as a means to solve the ΔH challenge and initiate the commercialization pathway for a promising new energy storage technology. Four primary tasks were conducted: Screening and ranking of candidate sites for project development; multiphase reservoir modeling to evaluate mine performance; techno-economic analysis and preliminary designs for PSH-AUM systems integrated with fossil-fuel power units; and stakeholder engagement to identify pathways to commercialization of this new technology. Key results were achieved in each of the four primary tasks. Candidate site screening determined that nearly 10,000 underground mines were spatially locatable, of which more than 100 sites appear suitable for integration with existing fossil power plants that are expected to remain in longer-term operation. Mine reservoir models were developed using PNNL’s STOMP simulator and parameterized using candidate site data to evaluate interactions with the surrounding groundwater system and confirm the potential for some mines to accommodate inflows and outflows on the order of 100 m3/s over 8-hour durations (1.6 GWh system) without excessive aqueous pressures. Techno-economic analysis resulted in a project cost optimization scheme to identify key sensitivities and the development of preliminary designs that can minimize overall costs of deployment. Finally, stakeholder engagement with industry, state government, and local economic development leaders confirmed the viability of PSH-AUM as a promising new technology. Our Phase I project results suggest that PSH-AUM technology has a domestic market potential on the order of $100+ Billion with ample space for technology development to commercialization within the next decade.

13 HYDRO ENERGY↗

Advanced Heterogeneous Integration Enabled by 3D Freestanding Membranes—From Material Growths to Applications

For the future of electronics such as bioelectronics, 3D integrated electronics, and bendable electronics, the need for flexibility and stackability of electronic products has substantially grown up. However, conventional wafer-based single-crystalline semiconductors cannot catch up with such trends because they are bound to thick rigid wafers such that they are neither flexible nor stackable. Although polymer-based organic electronic materials are more compatible as they are mechanically compliant and less costly than inorganic counterparts, their electronic/photonic performance is substantially inferior to that of single-crystalline inorganic materials. Such performance-mechanical compliance dilemma could be resolved by developing methods to obtain cheap, flexible, stackable, single-crystalline inorganic systems. Such dream electronic systems could be realized by producing single-crystalline freestanding membranes. For the past few decades, various layer transfer techniques (a.k.a layer liftoff techniques) have been developed to produce single-crystalline freestanding membranes. In today's talk, I will present the survey of the layer liftoff techniques and go over how these strategies unlock new ways of manufacturing advanced electronic systems. In addition, I will introduce unprecedented artificial heterostructure devices enabled by stacking of those freestanding 3D material membranes, e.g., the world's smallest vertically-stacked full-color micro-LEDs, the world's best multiferroic devices, chip-less wireless e-skin, and reconfigurable hetero-integrated chips with AI accelerators.

Kim, Jeehwan↗

Computed Tomography Scanning and Geophysical Measurements of the CarbonSAFE Seal Integrity Wells in the Illinois Basin

The U.S. Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) researchers in Morgantown, West Virginia, utilized computed tomography (CT) facilities and the Multi-Sensor Core Logger (MSCL) to evaluate the integrity of three cores (Geophysical Monitor #2 (GM2), Verification Well #1 (VW #1), and Wabash #1 for the Illinois Basin Carbon Storage Assurance Facility Enterprise (CarbonSAFE) efforts. This work was carried out in collaboration with the Illinois State Geological Survey (ISGS) as part of their efforts to analyze cores from two field locations, including the Illinois Basin-Decatur Project (IBDP) and second stage Illinois Industrial Carbon Capture and Storage (IL-ICCS) sites at Decatur, Illinois, and the Wabash CarbonSAFE project at the Wabash Valley Resources Integrated Gasification Combined Cycle plant in Terre Haut, Indiana. The results of this study are presented in several formats and are available online on the Energy Data eXchange (EDX). The rock characterization was conducted using non-destructive techniques, allowing for future analysis of the cores. While the equipment used did not provide direct visualization of shale pore space, it allowed for detection of fractures and discontinuities. Low resolution CT imagery with the NETL medical CT scanner was performed on the entire core. Qualitative analysis of the medical CT images, coupled with x-ray fluorescence (XRF), P-wave, and magnetic susceptibility measurements from the MSCL were utilized to identify areas of interest for further study as well as fractured zones. The ability to quickly identify key areas for more detailed study with higher resolution will save time and resources in future studies. The combination of methods used provided a multi-scale analysis of this core and provided both a macro and micro description of the core that is relevant for many subsurface energy-related examinations traditionally performed at NETL.

58 GEOSCIENCES↗

Understanding and Predictability of Integrated Mountain Hydroclimate (Workshop Report)

Mountainous systems cover approximately 23% of Earth’s land and are distributed across all continents. They can capture and store atmospheric moisture that is then cycled through the terrestrial surface and subsurface system, released to downstream communities, and cycled back to the atmosphere. Mountain hydroclimate—characterized by steep gradients, geological, ecological, and biogeochemical diversity—is influenced by topographic forcing and elevated warming and susceptible to large subseasonal to multidecadal variability and rapid changes. Terrestrial hydrological and biogeochemical cycles also experience cascading effects from global warming impacts, such as multidecadal declines in mountain snowpack, longer growing seasons, and increased frequency and severity of extreme events like droughts and wildfires. However, little is known about the effects of these impacts and their feedbacks on climate systems and surface-subsurface compartments. Also unknown are the full implications of changing hydroclimate and extreme events on hydro biogeochemical cycles across atmosphere, terrestrial, and human systems in mountain regions and beyond. This knowledge gap is critical, given human reliance on mountain systems for stable water supply and quality. Mountain systems’ increasing vulnerability to climate change and human perturbations motivates the need to improve understanding of integrated mountain hydroclimate (IMHC) systems and their feedbacks and impacts on humans across scales. However, due to large heterogeneity and strong gradients, coupled natural-human processes in mountain regions present significant challenges for observations, modeling, predictions, and projections. Motivated by gaps in mountain hydroclimate understanding, observations, and modeling and the need for credible projections of future changes, the U.S. Department of Energy’s (DOE) Biological and Environmental Research (BER) program organized a virtual workshop on “Understanding and Predictability of Integrated Mountain Hydroclimate.” Sponsored by BER’s Earth and Environmental Systems Sciences Division (EESSD), the workshop aimed to inform and catalyze EESSD’s growing interests in enhancing predictive understanding of IMHC. Organizers structured the workshop to identify (1) knowledge gaps, (2) observational and modeling challenges, (3) short-term (1 to 3 years) and long-term (10 years and beyond) research opportunities, and (4) strategies for fostering collaboration and coordination. To address the outstanding challenges of IMHC, the workshop included two sessions organized by disciplinary, cross-disciplinary, and crosscutting science topics. The disciplinary and cross-disciplinary topics focused on essential IMHC elements: atmosphere, terrestrial, and human systems and their interactions. Breakout sessions on disciplinary and cross-disciplinary topics facilitated identification of crosscutting topics and central emerging themes. Session 1 focused on connecting existing DOE investments to accelerate progress related to scientific challenges in understanding mountain hydroclimate. In Session 2, participants further explored key Session 1 takeaways through the lens of multiagency collaborations and coordination.

54 ENVIRONMENTAL SCIENCES↗

Integrated End-to-end Performance Prediction and Diagnosis for Extreme Scientific Workflows

This report details recent progress for the ASCR funded project “Integrated End-to-end Performance Prediction and Diagnosis for Extreme Scientific Workflows”. We refer to the project as IPPD/2, reflecting the 2017 renewal under expanded scope and partners In IPPD/2, we increased our research scope to include data motion. We are focusing on three major aspects: a) observe how data is generated, distributed, and used; b) analyze how data is (repeatedly) consumed with a focus both on repeated patterns and anomalies; and c) explore how to optimize data motion. This new work on data motion will augment and complement IPPD/2’s research that focused on the computational aspects of tasks. We leverage and extend our existing tools and demonstrate our work on the Belle II workflow suite as well as on workflows from NSLS-II. The highlights of our work are as follows: Provenance for Workflows: Provenance is used to provide information enabling quality control, re-run computational workflows, and reproduce results. IPPD/2 has been building a scalable provenance management system that enables the capture of provenance from the high-level workflow through all relevant system levels in one integrated environment. Leveraging this work, our recent efforts have included using provenance as an enabling technique. Workload characterization: Leveraging provenance and analysis, we characterize data movement within network, storage, and memory over a variety of workloads. This characterization enables an understanding by performance analysts and application developers of the range of behaviors that could be expected. Performance Prediction for Workflows: The goal of modeling distributed workflows is to understand performance bottlenecks and enable more intelligent task scheduling to optimize selected metrics of interest (e.g., task throughput or output data rate). IPPD/2 has utilized both analytical and AI/ML modeling methodologies for performance modeling. Advanced Scheduling and Fault Modeling for Workflows: Scheduling of large-scale scientific workflows on geographically distributed resources is a challenging problem. To improve workflow throughput, we combined novel scheduling algorithms with task predictions from performance modeling and fault modeling. Dynamically Alleviating Bottlenecks in Workflows: Exploiting our provenance, analysis, and modeling efforts, we have explored and developed several techniques for dynamically detecting and alleviating bottlenecks in data movement. In particular, we have spent considerable effort demonstrating our techniques on production-like workflow configurations.

97 MATHEMATICS AND COMPUTING↗

Multi-Timescale Integrated Dynamics and Scheduling for Solar (MIDAS-Solar) (Final Technical Report)

Solar photovoltaic (PV) installations have experienced unprecedented growth in the United States. PV will become not only an energy producer but also a necessary provider of ancillary services at multiple timescales. Conventional methods to simulate power systems operations - such as long-term production simulation (which typically considers schedules from hours to minutes by using an optimization framework) and short-term transient studies (which simulate dynamics from seconds to sub-seconds using state variables and differential equations) - are not sufficient for studying the multiple-timescale variation of solar generation and its impact on system reliability. Long-term system economics and short-term system dynamics are highly coupled, particularly when the penetration level of renewable generation is extremely high, because the uncertainty and variability of solar generation will impact both power system steady-state and dynamic performance. This project helps meet and exceed the U.S. Department of Energy Office of Energy Efficiency and Renewable Energy Solar Energy Technologies Office goal of systems integration by directly addressing this stability and reliability challenge for power grid planning and operation. We have developed a temporally comprehensive, closed-loop simulation model, named Multi-timescale Integrated Dynamics and Scheduling (MIDAS), that seamlessly simulates power system operations from economic scheduling (day-ahead to hours) to dynamic response analysis (seconds to sub-seconds). For schedules with very high levels of inverter-based resources (IBRs), up to and including 100%, the stability of grid controls has been evaluated through electromagnetic transient (EMT) simulations and power-hardware-in-the-loop (PHIL) simulations of key transient events at key schedule points. Specifically, MIDAS provides: 1) a closed-loop simulation framework for simulating timescales from economic scheduling to dynamic stability analysis; 2) machine learning-based stability assessment; 3) EMT modeling and analysis for large-scale power systems; 4) MIDAS PHIL test bed. We worked with Hawaii Electric Companies to apply the MIDAS study framework to a Maui grid study. The entire island's transmission system was modeled in detail - from a yearly scheduling model, to a second-level frequency dynamic model, down to a sub-second-scale EMT model to address critical stability issues. The project demonstrated how MIDAS can help system planners and operators assess system reliability and stability while the power grid is marching toward a high-renewable, high-IBR future. In this Maui grid study, we found that 100% instantaneous IBR operation is achievable in EMT simulation and PHIL testing, and grid planners and operators might need new analysis/simulation tools to assess grid reliability and stability in the scheduling stage. MIDAS will bring Maui and other systems closer to 100% clean and stable energy futures. (In this study, we examined transient stability. Other topics necessary for 100% IBR operation, such as protection and resource adequacy, were not examined.)

100% Renewables↗

An Integrated Paradigm for the Management of Delivery Risk in Electricity Markets: From Batteries to Insurance and Beyond [Slides]

In wholesale electricity markets today, flexibility from a limited number of distributed energy resources (DERs) is offered daily, and the value of flexibility is not yet recognized for economic hedging of delivery risk. Under a three-year project funded by the ARPA-E PERFORM program, a collaborative team is working towards developing an integrated risk management framework that will leverage flexibility from distributed and bulk resources to cost-effectively and reliably manage delivery risk of intermittent resources. Two concepts are at the core of the proposed integrated risk management framework: (A) flexibility options, which are a novel type of options and enable wholesale electricity market participants to hedge uncertainty by buying flexibility. (B) DER flexibility scores, which provide a way for utilities or aggregators to classify assets in groups with different likelihood of delivering contracted flexibility. This report presentation will focus on the proposed ISO-product "flexibility options," which is complementary to ramp and other products being introduced by ISOs/RTOs to manage net load uncertainties. Participating resources with imbalance risk can buy flexibility options to hedge their production, whereas grid-connected resources that can provide physical flexibility can offer flexibility options. We will present basics of the formulation for a day-ahead ISO market that matches buyers and sellers of this hedge in coordination with existing capabilities to schedule energy and ancillary services, and outline how their settlements mitigate the impact of imbalance risk.

24 POWER TRANSMISSION AND DISTRIBUTION↗