2050 Power Grids: Control Through Demand

This paper contrasts today's electricity markets, where fossil units supply most of the energy and flexibility services (FS), with a future year where renewables provide almost all of the energy and the load provides most of the FS. A co-optimized expansion planning application is used to illus...

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Bibliographic Details
Main Authors: Jahanbani, Ali, Newlun, Cody, McCalley, James, Wang, Yu, Morton, Abigail, Vanage, Soham, Berg, Brady, Cetin, Kristen
Format: Conference Proceeding
Language:English
Subjects:
Carbon
cooptimized expansion planning
Costs
Demand response
Electricity supply industry
flexibility services
Planning
Power grids
Renewable energy sources
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Summary:This paper contrasts today's electricity markets, where fossil units supply most of the energy and flexibility services (FS), with a future year where renewables provide almost all of the energy and the load provides most of the FS. A co-optimized expansion planning application is used to illustrate. Results show a diverse portfolio of demand response types are needed to achieve this.
ISSN:1944-9933
DOI:10.1109/PESGM48719.2022.9916857