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| 1 |
ID:
169743
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| Summary/Abstract |
This paper estimates changes in the cost of electricity, reliability, and atmospheric emissions resulting from large penetration of residential roof-top Photovoltaic (PV) and end-use energy efficiency (EE) within the service areas of Duke Energy in the Carolinas, where nuclear power plants account for almost 50% of electricity generation.
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| 2 |
ID:
128363
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| Publication |
2014.
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| Summary/Abstract |
Electricity production from centralised and decentralised renewable energy resources in Europe is gaining significance, resulting in operational challenges in the electricity system. Although these challenges add to the locational and time dependency of the underlying cost of operating the system, this variability in time and location is not reflected in residential tariff schemes. Consequently, residential users are not incentivised to react to varying system conditions and to help the integration of renewable energy resources. Therefore, this paper provides a theoretical framework for designing a locational dynamic pricing scheme. This can be used to assess existing tariff structures for consumption and injection, and can serve as a theoretical background for developing new tariff schemes. Starting from the underlying costs, this paper shows that the potential for locational dynamic pricing depends on the locational and time dependency of its cost drivers. When converting costs into tariffs, the tariff design should be determined. This includes the advance notice of sending tariffs to users, and the length of price blocks and price patterns. This tariff design should find a balance between tariff principles related to costs, practicality and social acceptability on the one hand, and the resulting demand response incentive on the other.
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| 3 |
ID:
096651
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2010.
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| Summary/Abstract |
The increasing prevalence of renewable and intermittent energy sources in the electricity system is creating new challenges for the interaction of the system. In Denmark, high renewable shares have been achieved without great difficulty, mainly due to the flexibility of the nearby Nordic hydro-power dominated system. Further increases in the share of renewable energy sources require that additional options are considered to facilitate integration with the lowest possible cost.
With large shares of intermittent energy, the impact can be observed on wholesale prices, giving both lower prices and higher volatility. A lack of wind that causes high prices is rarely seen because long periods without wind are uncommon. Therefore we focus on the low price effects and the increased value of flexible demand options. On the supply side, there is an increase in the value of other flexible generation technologies and the attractiveness of additional interconnection capacity. This paper also analyses options for increasing the flexibility of heat generation involving large and decentralized CHP plants and heat generation based on electricity. The incentives that the market provides for shifting demand and using electricity for heat production are discussed based on the variability of prices observed from 2006 to 2008.
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| 4 |
ID:
097487
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| Publication |
2010.
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| Summary/Abstract |
The increasing prevalence of renewable and intermittent energy sources in the electricity system is creating new challenges for the interaction of the system. In Denmark, high renewable shares have been achieved without great difficulty, mainly due to the flexibility of the nearby Nordic hydro-power dominated system. Further increases in the share of renewable energy sources require that additional options are considered to facilitate integration with the lowest possible cost.
With large shares of intermittent energy, the impact can be observed on wholesale prices, giving both lower prices and higher volatility. A lack of wind that causes high prices is rarely seen because long periods without wind are uncommon. Therefore we focus on the low price effects and the increased value of flexible demand options. On the supply side, there is an increase in the value of other flexible generation technologies and the attractiveness of additional interconnection capacity. This paper also analyses options for increasing the flexibility of heat generation involving large and decentralized CHP plants and heat generation based on electricity. The incentives that the market provides for shifting demand and using electricity for heat production are discussed based on the variability of prices observed from 2006 to 2008.
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| 5 |
ID:
150461
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| Summary/Abstract |
Relying almost entirely on energy from variable renewable resources such as wind and solar energy will require a transformation in the way power systems are planned and operated. This paper outlines the necessary steps in creating power systems with the flexibility needed to maintain stability and reliability while relying primarily on variable energy resources. These steps are provided in the form of a comprehensive overview of policies, technical changes, and institutional systems, organized in three development phases: an initial phase (penetration up to about 10%) characterized by relatively mild changes to conventional power system operations and structures; a dynamic middle phase (up to about 50% penetration) characterized by phasing out conventional generation and a concerted effort to wring flexibility from existing infrastructure; and the high penetration phase that inevitably addresses how power systems operate over longer periods of weeks or months when variable generation will be in either short supply, or in over-abundance. Although this transition is likely a decades-long and incremental process and depends on the specifics of each system, the needed policies, research, demonstration projects and institutional changes need to start now precisely because of the complexity of the transformation. The list of policy actions presented in this paper can serve as a guideline to policy makers on effectuating the transition and on tracking the preparedness of systems.
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