19 research outputs found
Flexible Transmission: A Comprehensive Review of Concepts, Technologies, and Market
As global concerns regarding climate change are increasing worldwide, the
transition towards clean energy sources has accelerated. Accounting for a large
share of energy consumption, the electricity sector is experiencing a
significant shift towards renewable energy sources. To accommodate this rapid
shift, the transmission system requires major upgrades. Although enhancing grid
capacity through transmission system expansion is always a solution, this
solution is very costly and requires a protracted permitting process. The
concept of flexible transmission encompasses a broad range of technologies and
market tools that enable effective reconfiguration and manipulation of the
power grid for leveraged dispatch of renewable energy resources. The
proliferation of such technologies allows for enhanced transfer capability over
the current transmission network, thus reducing the need for grid expansion
projects. This paper comprehensively reviews flexible transmission technologies
and their role in achieving a net-zero carbon emission grid vision. Flexible
transmission definitions from different viewpoints are discussed, and
mathematical measures to quantify grid flexibility are reviewed. An extensive
range of technologies enhancing flexibility across the grid is introduced and
explored in detail. The environmental impacts of flexible transmission,
including renewable energy utilization and carbon emission reduction, are
presented. Finally, market models required for creating proper incentives for
the deployment of flexible transmission and regulatory barriers and challenges
are discussed
A Review of Economic Incentives for Efficient Operation of Flexible Transmission
The growing penetration of renewable energy requires upgrades to the
transmission network to ensure the deliverability of renewable generation. As
an efficient alternative to transmission expansion, flexible transmission
technologies, whose benefits have been widely studied, can alleviate
transmission system congestion and enhance renewable energy integration.
However, under the current market structure, investments for these technologies
only receive a regulated rate of return, providing little to no incentive for
efficient operation. Additionally, a regulated rate of return creates an
incentive for building more transmission lines rather than efficient
utilization of the existing system. Therefore, investments in flexible
transmission technologies remain rather limited. To facilitate the deployment
of flexible transmission, improve system efficiency, and accommodate renewable
energy integration, a proper incentive structure for flexible transmission
technologies, compatible with the current market design, is vital. This paper
reviews the current market-based mechanisms for various flexible transmission
technologies, including impedance control, dynamic line rating, and
transmission switching. This review pinpoints current challenges of the
market-based operation of flexible transmission and provides insights for
future endeavors in designing efficient price signals for flexible transmission
operation.Comment: 2023 55th North American Power Symposium (NAPS
An aggregator-based dynamic pricing mechanism and optimal scheduling scheme for the electric vehicle charging
High penetration of electric vehicles (EVs) in an uncontrolled manner could have disruptive impacts on the power grid, however, such impacts could be mitigated through an EV demand response program. The successful implementation of an efficient, effective, and aggregated demand response from EV charging depends on the incentive pricing mechanism and the load shifting protocols. In this study, a genetic algorithm-based multi-objective optimization model is developed to generate hourly dynamic Time-of-Use electricity tariffs and facilitate the decision making in load scheduling. As an illustrative example, a case study was carried out to examine the effect of applying demand response for EVs in Beijing, China. With the assumptions made, the maximum peak load can be reduced by 9.8% and the maximum customer savings for the EVs owners can reach 11.85%, compared to the business-as-usual case
Impacts of Variable-Impedance-Based Power Flow Control on Renewable Energy Integration
The electric power grid has evolved significantly over the past two decades
in response to climate change. Increased levels of renewable energy generation,
as a prominent feature of this evolution, have led to new congestion patterns
in the transmission network. The transmission system is originally designed for
conventional energy sources, with predictable flow patterns. Insufficient
transfer capability in congested transmission systems results in commitment of
more expensive power plants and higher levels of renewable energy curtailment.
One way to mitigate congestion is adoption of power flow control through
variable-impedance flexible ac transmission system (FACTS) devices. In this
paper the impacts of power flow control on generation cost, carbon emissions
and renewable energy curtailment are studied under a wide range of scenarios,
including generation mix from major US regional transmission organizations, and
different load curves, representing seasonal variations. A two-stage stochastic
unit commitment, including FACTS adjustment, is used to evaluate the impacts of
FACTS devices on various types and penetration levels of renewable energy. The
results show that FACTS installation effectively reduces generation cost,
carbon emissions, and renewable energy curtailment. Location of renewable
energy resources, peak-hour demand and the system's generation mix are among
the influential factors