Abstract
The Performance-based Energy Resource Feedback, Optimization, and Risk Management (PERFORM) program is an initiative intended to foster "a fundamental shift in grid management rooted in an understanding of asset risk and system risk" (ARPA-E 2020). Launched by the Advanced Research Projects Agency-Energy (ARPA-E), the program supports efforts to incorporate uncertainty in electric power decision making. In support of PERFORM, the National Renewable Energy Laboratory (NREL) has produced a set of time-coincident forecasts of solar, wind, and load profiles. As part of Phase I of the PERFORM effort, NREL created a dataset that consists of one year of time-coincident load, wind, and solar actuals and probabilistic forecasts based on data from the Electric Reliability Council of Texas (ERCOT) (Bryce et al. 2023). In Phase II, NREL developed similar datasets for three other U.S. Independent System Operators (ISO): the Midcontinent Independent System Operator (MISO), the New York Independent System Operator (NYISO), and the Southwest Power Pool (SPP).
Original language | American English |
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Number of pages | 41 |
DOIs | |
State | Published - 2024 |
NREL Publication Number
- NREL/TP-5D00-83828
Keywords
- balancing areas
- forecasting
- load
- probalistic
- solar PV
- wind