TY - GEN
T1 - Impact of Detailed Parameter Modeling of Open-Cycle Gas Turbines on Production Cost Simulation
AU - Bagga, Arnav
AU - Sridhar, Seetharaman
AU - Holman, Zachary
AU - Sergi, Brian
AU - Osorio, Julian
AU - Panwar, Mayank
AU - Lowder, Travis
AU - Hovsapian, Rob
N1 - Publisher Copyright:
© 2023 IEEE.
PY - 2023
Y1 - 2023
N2 - Flexible resources are increasingly important as variable renewable energy deployment in the power system increases. Although many systems are transitioning away from fossil fuels, open-cycle gas turbines are likely to play an important balancing role for some time, thus requiring accurate modeling of their operational parameters. This paper explores the impact of detailed representation of three operational parameters-startup costs, run-up rates, and forced outage ratesin the production cost model of a system as it adopts higher levels of wind and solar. Using PLEXOS simulations of the NREL-118 bus test system, the study examines how more detailed parameter modeling affects outcomes such as the number of start-ups and shutdowns, ramping and total generation costs for open-cycle gas turbines, as renewable energy levels increase. The results suggest the value of detailed parameter modeling and continued research on combustion turbines' ability to provide flexibility.
AB - Flexible resources are increasingly important as variable renewable energy deployment in the power system increases. Although many systems are transitioning away from fossil fuels, open-cycle gas turbines are likely to play an important balancing role for some time, thus requiring accurate modeling of their operational parameters. This paper explores the impact of detailed representation of three operational parameters-startup costs, run-up rates, and forced outage ratesin the production cost model of a system as it adopts higher levels of wind and solar. Using PLEXOS simulations of the NREL-118 bus test system, the study examines how more detailed parameter modeling affects outcomes such as the number of start-ups and shutdowns, ramping and total generation costs for open-cycle gas turbines, as renewable energy levels increase. The results suggest the value of detailed parameter modeling and continued research on combustion turbines' ability to provide flexibility.
KW - Economic dispatch
KW - energy markets
KW - open-cycle gas turbine
KW - production cost simulation
KW - unit commitment
UR - http://www.scopus.com/inward/record.url?scp=85179558716&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85179558716&partnerID=8YFLogxK
U2 - 10.1109/NAPS58826.2023.10318692
DO - 10.1109/NAPS58826.2023.10318692
M3 - Conference contribution
AN - SCOPUS:85179558716
T3 - 2023 North American Power Symposium, NAPS 2023
BT - 2023 North American Power Symposium, NAPS 2023
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2023 North American Power Symposium, NAPS 2023
Y2 - 15 October 2023 through 17 October 2023
ER -