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

Research output: Contribution to conferencePaperpeer-review

1 Scopus Citations

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 believe 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 pages5
DOIs
StatePublished - 2023
Event2023 IEEE PES Grid Edge Technologies Conference and Exposition, Grid Edge 2023 - San Diego, United States
Duration: 10 Apr 202313 Apr 2023

Conference

Conference2023 IEEE PES Grid Edge Technologies Conference and Exposition, Grid Edge 2023
Country/TerritoryUnited States
CitySan Diego
Period10/04/2313/04/23

Bibliographical note

See NREL/CP-6A40-83405 for preprint

NREL Publication Number

  • NREL/CP-6A40-86438

Keywords

  • Cost-benefit
  • fast frequency response
  • grid supportive loads
  • low-inertia
  • stability

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