2050 Power Grids: Control Through Demand
- Resource Type
- Conference
- Authors
- Jahanbani, Ali; Newlun, Cody; McCalley, James; Wang, Yu; Morton, Abigail; Vanage, Soham; Berg, Brady; Cetin, Kristen
- Source
- 2022 IEEE Power & Energy Society General Meeting (PESGM) Power & Energy Society General Meeting (PESGM), 2022 IEEE. :1-5 Jul, 2022
- Subject
- Engineering Profession
Power, Energy and Industry Applications
Renewable energy sources
Costs
Electricity supply industry
Power grids
Demand response
Planning
Carbon
demand response
flexibility services
cooptimized expansion planning
- Language
- ISSN
- 1944-9933
This paper contrasts today's electricity markets, where fossil units supply most of the energy and flexibility services (FS), with a future year where renewables provide almost all of the energy and the load provides most of the FS. A co-optimized expansion planning application is used to illustrate. Results show a diverse portfolio of demand response types are needed to achieve this.