Examination of Potential Benefits of an Energy Imbalance Market in the Western Interconnection

Michael Milligan; Kara Clark; Bernard King; Jennifer King; Tao Guo; Guanyu Liu

doi:10.2172/1071943

Examination of Potential Benefits of an Energy Imbalance Market in the Western Interconnection

Michael Milligan, Kara Clark, Bernard King, Jennifer King, Tao Guo, Guanyu Liu

Building Technologies and Science Center

Research output: NREL › Technical Report

Abstract

In the Western Interconnection, there is significant interest in improving approaches to wide-area coordinated operations of the bulk electric power system, in part because of the increasing penetration of variable generation. One proposed solution is an energy imbalance market. This study focused on that approach alone, with the goal of identifying the potential benefits of an energy imbalancemarket in the year 2020.

Original language	American English
Number of pages	122
DOIs	https://doi.org/10.2172/1071943
State	Published - 2013

NREL Publication Number

NREL/TP-5500-57115

Keywords

electricity markets
energy imbalance markets
grid integration
National Renewable Energy Laboratory (NREL)
NREL
solar
transmission
variable generation
Western Interconnection
wind

Access to Document

10.2172/1071943

https://www.nrel.gov/docs/fy13osti/57115.pdf

Cite this

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title = "Examination of Potential Benefits of an Energy Imbalance Market in the Western Interconnection",

abstract = "In the Western Interconnection, there is significant interest in improving approaches to wide-area coordinated operations of the bulk electric power system, in part because of the increasing penetration of variable generation. One proposed solution is an energy imbalance market. This study focused on that approach alone, with the goal of identifying the potential benefits of an energy imbalancemarket in the year 2020.",

keywords = "electricity markets, energy imbalance markets, grid integration, National Renewable Energy Laboratory (NREL), NREL, solar, transmission, variable generation, Western Interconnection, wind",

author = "Michael Milligan and Kara Clark and Bernard King and Jennifer King and Tao Guo and Guanyu Liu",

year = "2013",

doi = "10.2172/1071943",

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T1 - Examination of Potential Benefits of an Energy Imbalance Market in the Western Interconnection

AU - Milligan, Michael

AU - Clark, Kara

AU - King, Bernard

AU - King, Jennifer

AU - Guo, Tao

AU - Liu, Guanyu

PY - 2013

Y1 - 2013

N2 - In the Western Interconnection, there is significant interest in improving approaches to wide-area coordinated operations of the bulk electric power system, in part because of the increasing penetration of variable generation. One proposed solution is an energy imbalance market. This study focused on that approach alone, with the goal of identifying the potential benefits of an energy imbalancemarket in the year 2020.

AB - In the Western Interconnection, there is significant interest in improving approaches to wide-area coordinated operations of the bulk electric power system, in part because of the increasing penetration of variable generation. One proposed solution is an energy imbalance market. This study focused on that approach alone, with the goal of identifying the potential benefits of an energy imbalancemarket in the year 2020.

KW - electricity markets

KW - energy imbalance markets

KW - grid integration

KW - National Renewable Energy Laboratory (NREL)

KW - NREL

KW - solar

KW - transmission

KW - variable generation

KW - Western Interconnection

KW - wind

U2 - 10.2172/1071943

DO - 10.2172/1071943

M3 - Technical Report

ER -

Examination of Potential Benefits of an Energy Imbalance Market in the Western Interconnection

Abstract

NREL Publication Number

Keywords

Access to Document

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Cite this