1.2.2.405 HydroWIRES Topic D1: Capacity Expansion Model (CEM) Enhancements

Long-term grid planning tools have difficulty representing detailed hydropower operating characteristics, which depend not only on technological specifications but also on water management practices and regulations. As a result, the value of hydropower is incompletely characterized, and the potential role of hydropower in the performance and resiliency of the future electric grid is not fully understood. This work will fill that gap by developing new ways to represent hydropower resource, technology, and operational characteristics in electric sector capacity expansion models and implementing them in the open-source version of the National Renewable Energy Laboratory's Regional Energy Deployment System (ReEDS) model. ReEDS is a well-established national scale grid planning tool used since 2003 by the U.S. Department of Energy and others to explore the evolution of the U.S. electric sector. Improvements will include a comprehensive national resource assessment for pumped storage hydropower and methods for modeling multiple hydropower technology categories characterized by technical, regulatory, and economic characteristics. The project will provide guiding principles and strategies for improving hydropower modeling in capacity expansion models and deliver a first-of-its kind versatile PSH dataset. All data, code, and methods will be publicly available, allowing the industry to better identify the value of hydropower in the future electricity system and make more informed planning decisions.