PNNL

Abstract

Great River Hydro (GRH) is New England's largest conventional hydropower generator and operates sustainable hydropower systems in Vermont, New Hampshire, and Massachusetts. Several of GRH’s hydropower projects on the Connecticut River are largely constrained to operate as run-of-river; however, though a new FERC license they have opportunity in the form of flex hours where they are allowed to deviate operations to capture favorable market conditions or emergency operations. To maximize value from these new operations, GRH is considering new sources of forecasted inflow. Pacific Northwest National Laboratory (PNNL) is evaluating the quality of two commercial inflow forecasts for GRH under DOE Water Power Technology Office’s Notice of Opportunity for Technical Assistance: Improving Hydropower’s Value through Informed Decision Making. This project will provide an unbiased evaluation of the accuracy of inflow forecasts available through commercial vendors. GRH will use this information to support their decision on which inflow forecast to use under their new FERC license and to assess the overall value of the available inflow forecasting tools and practices. In this talk we will discuss details of the near real-time forecast evaluation process, the metrics involved in the evaluation, and some preliminary results. In addition, we’ll touch on the second phase of the project which involves evaluating scheduling strategies that identify windows of opportunity to change operations in ways that increase profit through participation in day ahead and real time markets.