Towards Unified Operational Value Index of Energy Storage Services in Power Systems Anupam A. Thatte and Le Xie Emails: thatte@tamu.edu, lxie@ece.tamu.edu Department of Electrical and Computer Engineering, Texas A & M University, College Station, TX In Automatic Generation Control the governor reference is changed in response to frequency deviation: Psmax Esmax Esmin Rs ηs N Δt Es(k) λ̂e(k) λ̂ru(k) λ̂rd(k) λ̂sr (k) Cs(k) Ps(k) Psru(k) Psrd(k) Pssr (k) Benefits of Explicit and Implicit Forms of Energy Storage Services • Improve utilization of renewables • Reduce energy imbalances and associated penalties • Ancillary services such as regulation Need to Understand Impact of Energy Storage • Define unique features of heterogenous storage devices • Pose the problem of analyzing impact of storage • Assess the value of storage to power system operations Need to quantify benefits of storage across power system operations using a unified framework. System Theoretical Perspective 1 Δω[m] = Pimb[m] (5) βG + βS + βL where βi represents the droop characteristics of module i. Droop of energy conversion module i is defined as Δωi[m] βi = (6) | ref ΔPi[m] Δωi =0 With the energy storage the overall system droop characteristic becomes β = βG + βL + βS , where subscripts G, L, S represent aggregated generation, load, and storage, respectively. Thus energy storage can contribute to frequency regulation. Tertiary Control Model Energy storage can participate in load following and load leveling. Power absorbed or delivered by the energy storage unit Ps[K], is the decision variable. Ramping rate is Rs Psmin ≤ Ps[K] ≤ Psmax Es[K] = Es[K − 1] − ηPs[K − 1] 0 ≤ Es[K] ≤ Esmax |Ps[K] − Ps[K − 1]| ≤ Rs (7) (8) (9) (10) Operational Value of Energy Storage • Different types of storage devices can participate at different time scales in the control action, depending upon their inherent characteristics such as power rating, energy capacity, droop, ramping etc. • Participation in multiple control actions has potential for higher profits for storage service providers • Contribution by storage can reduce system cost for balancing actions Energy Conversion Figure: Modified IEEE RTS 24 bus system N Energy Storage Device Vs = BUS 18 Control stage Primary Secondary (AGC) Tertiary (ED, UC) Time scale Assumption Within Dynamics are locally stabilizable seconds 10 s to minutes Primary dynamics are already stabilized 5 minutes to Tie line flows and system frehours quency are at pre-specified values ref xv xnetwork v uv ref uv xs xnetwork s us ref us , uv , uv ) ẋv = fv (xv , xnetwork v ẋnetwork = g(x) (λe[k]Ps(k)+λruPsru(k)+λrdPsrd(k)+λsr Pssr (k))+P Vd (2) ref network , us(xv ), us ) ẋs = fs(xs, xs (3) state variables of variable generator interaction of generator with network generator control variables generator controller set points states of the storage unit interactions of storage with network storage control variables storage control set points With fast responding energy storage the combined response from both modules could be improved [2]. 50 30 40 30 20 10 20 0 10 -10 0 -10 0 5 10 15 Time (Hours) 20 -20 0 25 5 10 15 Time (Hours) 20 25 Results Figure: Storage participation in Day-Ahead Market (a) PEV (b) Flywheel and Thermal Load 12 6 PEV Power (MW) PEV Regulation up (MW) PEV Regulation down (MW) Thermal Load Power (MW) Thermal Load SR (MW) Flywheel Regulation up (MW) Flywheel Regulation down (MW) 10 8 4 2 BUS 21 BUS 22 -4 0 BUS 23 G 230 kV B A BUS 19 BUS 16 -2 -4 C BUS 20 D BUS 14 BUS 11 BUS 12 25 -6 0 5 10 15 Time (Hours) 20 25 Hourly market constrains participation of flywheels. Short duration market would realize full potential of such fast responding storage devices. PEV BUS 9 20 Technology Energy Regulation Spinning Reserve Flywheel 120.30 PEV 495.97 226.95 Thermal Load 63.61 3.21 BUS 13 BUS 3 10 15 Time (Hours) Table: Day-Ahead Market Revenue ($/MW) Synch. Cond. BUS 24 5 Storage decisions based on forecast prices, revenue on actual prices. Average results for 1000 Monte Carlo runs are: BUS 10 BUS 6 cable BUS 5 138 kV Flywheel Conclusions BUS 8 Thermal load k=1 T.Psmax ru max rd sr BUS 7 BUS 1 BUS 2 Technology Energy Regulation Spinning Reserve Flywheel No Yes No PEV Yes Yes No Thermal Load Yes No Yes (12) s.t. Es(k) = Es(k − 1) − [Ps(k) − ηcPsrd(k)+ 1 ru Ps (k)].Δt ηd Ps(k) + Psru(k) + Pssr (k) ≤ Psmax(k) (14) Psrd(k) ≤ Ps(k − 1) + Psmax(k) Esmin ≤ Es(k) ≤ Esmax −Psmax ≤ Ps(k) ≤ Psmax Ps(k) − Ps(k − 1) ≤ Rs Psru(k) ≥ 0 (15) (16) (17) (18) (19) Psrd(k) ≥ 0 Pssr (k) ≥ 0 (20) (21) (13) • Unified operational value index - first step for assessment of benefits of energy storage across different technologies and market designs • Cross-market co-optimization model - decision making tool for energy storage service providers • Distributed energy storage can improve system flexibility by providing ancillary services Future Work • Empirical study of proposed framework using real world data Thermal Load Model N E[ {λ̂e(k)Ps(k)+ λ̂ru(k)Psru(k) Ps(k),Ps (k),Ps (k),Ps (k) k=1 +λ̂rd(k)Psrd(k) + λ̂sr (k)Pssr (k) − C(k)(Ps(k))2}] cable Table: Storage Technologies and Applications The decision of the extent of storage participation in markets can be formulated as a co-optimization problem based on forecast of prices. The following expected value problem is solved, with the objective of profit maximization [3]. (1) 40 F Decision Making Framework Primary Control Model Differential equations governing the dynamics of variable generator and storage combination are: 50 -2 BUS 4 (11) For this case study we consider only the operational value in ISO market operations. Table: Temporal decomposition 60 Actual regulation up price ($/MW) Forecast regulation up price ($/MW) Actual regulation down price ($/MW) Forecast regulation down price ($/MW) 0 Proposed operational value index considers multiple revenue streams: energy, regulation, spinning reserve and benefits from deferral of system upgrades attributed to the energy storage device. Multi-time-scale Modeling 70 0 Unified Operational Value Index Controller 60 Actual energy price ($/MWh) Forecast energy price ($/MWh) Actual SR price ($/MW) Forecast SR price ($/MW) 2 E Electrical Grid (b) Flywheel and Thermal Load 80 4 BUS 15 Energy Storage Reservoir (a) Energy and Reserve Prices 6 BUS 17 Figure: Schematic of Energy Storage Figure: Forecast and Actual Day-Ahead Market Prices Case Study Three major categories of energy conversion components are generators, loads, and energy storage Energy Storage Module Definition [1] • it lacks a primary energy source, • −Psmax ≤ Ps ≤ Psmax , i.e., it can either deliver or draw power from the grid, s = P is controllable, and • dE s dt • Esmin ≤ Es ≤ Esmax, i.e., it has a finite storage reservoir whose level is controllable. (4) Maximum charging/discharging power (MW) Maximum energy storage level (MWh) Minimum energy storage level (MWh) Ramp rate of storage Roundtrip efficiency of the storage device Number of time periods Duration of time periods Energy storage level of device Forecast energy market price ($/MWh) Forecast regulation up capacity price ($/MW) Forecast regulation down capacity price ($/MW) Forecast spinning reserve capacity price ($/MW) Charging/discharging cost of energy storage Energy sold/purchased by storage (MWh) Regulation up capacity sold (MW) Regulation down capacity sold (MW) Spinning reserve capacity sold (MW) MW ω ref [m] = βS (ω[m] − ω[m − 1]) Day Ahead Market Simulation Price Nomenclature Price Challenges with Renewable Generation • Inter-temporal Variability • Limited Predictability Secondary Control Model MW Motivation Using smart controls that act in response to price signals, thermal loads such as air-conditioning can act as analogues to energy storage. The model for power consumption is: P (k) in in out ) (22) T (k + 1) = T (k) + (1 − )(T (k) − ηcop A T in(k) = inside temperature in period k, T out(k) = outside temperature in period k, P (k) = power consumption in period k, ηcop = coefficient of performance of cooling system = 2.5, τ = duration of control periods = 1 hour, T C = time constant of system = 2.5 hours, = exp[−τ /T C] = factor of inertia, A = overall thermal conductivity = 0.14 kW/◦F T min ≤ T in(k) ≤ T max, ∀k. Smart controls reduce power consumption while maintaining inside temperature within preset limits. • Regulatory and pricing mechanism design for distributed storage References [1] L. Xie, A. A. Thatte, and Y. Gu, “Multi-time-scale modeling and analysis of energy storage in power system operations,” in Proc. IEEE Energytech, Cleveland, OH, May 25-26, 2011, pp. 1–6. [2] A. A. Thatte, F. Zhang, and L. Xie, “Coordination of wind farms and flywheels for energy balancing and frequency regulation,” in Proc. IEEE PES General Meeting, Detroit, MI, Jul. 24-29, 2011, pp. 1–7. [3] A. A. Thatte and L. Xie, “Towards a unified operational value index of energy storage in smart grid environment,” IEEE Trans. Smart Grid, accepted. Acknowledgements This work was supported in part by Vestas Technology R&D, and in part by National Science Foundation Grant ECCS #1029873. The authors greatly appreciate the financial help.