The simulation design and evaluation of a transactive energy system is contingent on the setting in which it would exist, which could vary significantly with the many drivers that impact the potential future states of the power system. This report summarizes the development of the Transactive Future Grid State (TFGS) model, which is a lightweight capacity expansion model that will support transactive energy research by allowing users to explore alternative future states.
The TFGS model determines the long-term generation capacity needs of a given power system that satisfy specified constraints and support a least cost hourly dispatch. This is accomplished by solving a single optimization problem that simultaneously finds the generation fleet with capacity sufficient to meet peak load and the flexibility to meet hourly operational dispatch, all at lowest cost.
The TFGS model was applied to a larger ongoing study taking place that will be simulating how distribution system operators (DSOs) could use a transactive energy system to manage distributed energy resources. The larger study, commonly referred to as the DSO+T study, involves two parallel analyses; one that represents the system today and one that represents a future system with a high degree of renewable energy penetration. The TFGS model provided the generation mix of the high renewable base case.
As the TFGS model was being used to provide inputs to the DSO+T study, two issues became apparent. First, additional functionality would have been useful, and second, a larger-than-anticipated amount of user inputs and data were required to successfully use the TFGS model. These discoveries have lead to the recommendation of specific functionality that can be added in future development of the tool.
Revised: March 4, 2020 |
Published: April 24, 2019