Cost-Benefit Analysis of Grid-Supportive Loads for Fast Frequency Response: Preprint

Research output: Contribution to conferencePaper

Abstract

Flexibility in inverter-based loads could be used to support the converter-dominated power grid by offering a rapid, autonomous, and adjustable power reserve during system transients to help maintain system stability. Based on technical potential, ancillary service (AS) value, and implementation costs, this study illustrates the cost-benefit analysis of grid-supportive loads (GSLs) for the supply of fast frequency response (FFR). The net benefit for each GSL is demonstrated using a case study and relevant data sources. The findings suggest that implementation costs for enabling GSL features are low compared to the value that grid operators get from the acquisition of responsive reserve services. The authors believes that, given the rising popularity of renewable energy sources, GSLs can be a useful tool for grid stability in low-inertia systems.
Original languageAmerican English
Number of pages8
StatePublished - 2023
EventIEEE PES Grid Edge Technologies Conference and Exposition - San Diego, California
Duration: 10 Apr 202313 Apr 2023

Conference

ConferenceIEEE PES Grid Edge Technologies Conference and Exposition
CitySan Diego, California
Period10/04/2313/04/23

Bibliographical note

See NREL/CP-6A40-86438 for paper as published in proceedings

NREL Publication Number

  • NREL/CP-6A40-83405

Keywords

  • cost benefit
  • fast frequency response
  • grid supportive loads
  • low inertia
  • stability

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