Emerging Trends in Power System Planning Models
This presentation highlights NREL's power system modeling capabilities, both existing and the future direction of improvements. Specific enhancements to the ReEDS (Regional Energy Deployment System) model and a new electricity market design testbed called EMIS (Electricity Markets and Investment Suite) were described. This content was part of a broader discussion to help inform the National Academies of Sciences, Engineering, and Medicine Committee on the Future of Electric Power in the U.S. on existing power system models and improvements needed in these models to capture the increasing complexity and interconnectedness of the power system.