Event Schedule
Wednesday, June 14 2023
A Warm Welcome to Xcelerate Nashville 2023
Energy Exemplar extends a warm welcome to all of our attendees and will give a preview of what to expect from Day 2 of Xcelerate Nashville.
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Global Energy Exemplar Update & Vision
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LT Plan for Large-scale System
In this presentation, Dr. Glenn Drayton will discuss techniques for solving large-scale and complex LT Plan challenges.Speaker
North American Energy Resilience Model (NAERM)
America’s security, economy, and sustained global leadership depend on a secure, reliable, resilient, affordable, flexible, and efficient power grid. Through a mix of technology and policy solutions and in partnership with the private and public sectors, the Office of Electricity (OE) will harness innovation for a stronger, more resilient and reliable North American energy system while maintaining energy independence. North American Energy Resilience Model (NAERM) is one of OE's initiative. The motivation behind NAERM is that the Nation’s energy reliability and resilience could benefit from national-scale energy planning capabilities based on rigorous and quantitative assessment, prediction, and improvement to manage uncertainty and to ensure reliable and resilient energy delivery across multiple energy sectors while considering a range of large-scale, emerging threats. The resulting model will allow the exploration of sequences of events that create risk across critical infrastructure sectors and identification of key critical infrastructure interdependencies.Speaker
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Gas Roundtable Discussion
Given recent dramatic changes and uncertainties in the North American natural gas market, hear from an array of experts on how their gas planning, procurement, trading, and regulatory requirements have evolved, how they are planning for these events, and what insights they can provide.
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PLEXOS Track
PLEXOS-World: Power system feasibility of net-zero global climate change mitigation pathways
This talk will provide insights on the application of global power system model PLEXOS-World for the assessment of net-zero energy system pathways. It will also highlight some useful tips and tricks for when working with large PLEXOS databases.
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Aurora Track
Estimating Price Premiums on Non-Emitting Resources in WECC
When using Aurora capital expansion to build out to meet planning reserve margins, there seems to be a threshold at which simulations will build enough non-emitting resources to meet policies but upon validation the not enough clean energy is delivered to load due system constraints. To counteract this effect, meet reserves, adhere to transmission limitations and unit commitment requirements, a negative price premium can be used to ensure the annual energy produced from non-emitting resources meets the policy constraints. The presentation will describe an iterative methodology of using Aurora to extract a price premium and use it to encourage operations that will result in resource buildout strategies that meet policies.
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PLEXOS Track
Forward Net Energy & Ancillary Service Revenues in PJM
This presentation will review recent challenges in PJM to estimate forward energy and ancillary service revenues for use in capacity market mitigation, and how PLEXOS met the need for production cost simulation of resource commitment, dispatch and settlements of a two-pass energy market.
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Aurora Track
Respecting Battery Degradation in Optimization Modeling
Cost-effective operation of a battery requires respecting the impact of its operation on its longevity. Aurora has a new feature that facilitates this in optimization modeling of an electric system, including in long-term capacity expansion. This presentation will describe this feature and its importance.
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PLEXOS Track
ISO New England's Economic Planning for the Clean Energy Transition (EPCET) Study
The ISO's previous long-range Economic Study showed the resource and demand mix of the future New England grid requires new approaches to modeling. This presentation will overview how the ISO is utilizing PLEXOS and its various capacities, including Capacity Expansion, to bring clarity to different potential futures. The ISO is also coordinating with its PLEXOS-using-ISO neighbors to collaborate on how to model the future grid and each other's systems.
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Aurora Track
Beyond Traditional Resource Planning: Integrated System Planning workflow with Aurora
The future of resource planning requires a planning framework that optimizes investments across generation, transmission, distribution, and customer programs. SRP worked with internal planning groups and external stakeholders to collaboratively identify modeling inputs that enable Aurora's long-term capacity expansion model to support an integrated system plan.Speaker
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PLEXOS Track
Decarbonizing the Gas System for a Decarbonized Energy Economy: Implications for Direct Use Natural Gas Customers
Oregon recently established the most aggressive statewide carbon reduction policy in the U.S. for natural gas and electric utilities. The Climate Protection Program (CPP) requires natural gas utilities in Oregon to reduce emissions below baseline by 50% by 2035 and 90% by 2050. This policy sets a year-by-year emissions cap that gas utilities are required to meet through reductions in gas demand, low/zero carbon gas resources (e.g., renewable natural gas, hydrogen blending, or synthetic methane), or other compliance credits. Similar emissions reduction targets have been established in Washington. This session will cover how NW Natural employed the PLEXOS model as the primary resource optimization planning tool in it's long-term Integrated Resource Plan and how the results from PLEXOS are used to understand the incremental costs for natural gas customers to decarbonize.
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Aurora Track
Modeling IRA and Market Uncertainties in the Eastern Interconnect
This presentation will highlight the use of Aurora for the long-term planning of Eastern Interconnect under a wide range of scenarios considering IRA of 2022, electrification demand, natural gas price uncertainty, and potential federal carbon tax. FEP’s dynamic process to achieve optimum portfolio expansion and market price results under each scenario will be summarized considering economic unit retirements, capacity prices, Effective Load Carrying Capability (ELCC) for solar and wind, and overall system reliability.
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PLEXOS Track
Identification of system reliability attributes in MISO using PLEXOS
The resource transition continues to accelerate in the MISO region, creating new risks to reliability and market efficiency. New resources do not have the same characteristics as those they are replacing, leading to the potential scarcity of attributes needed to operate the system. Illustrating the attributes (type, magnitude and timing) needed to provide ongoing system reliability and presenting methodologies (e.g., visibility, requirements, or market products) that will ensure those attributes are available are the goals of this presentation. PLEXOS study cases will be included as part of the presentation.
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Aurora Track
Locational & System-Level Factors for Battery Site-Selection using Energy Exemplar’s nodal power modeling tools
Batteries are a crucial technology for the energy transition and decarbonization of the electric grid. While transmission helps to manage spatial supply/demand imbalances, batteries help to manage temporal imbalances. This presentation will highlight how S&P uses Energy Exemplar’s nodal power modeling tools to evaluate battery siting choices. Our evaluation is based on simulated daily price spreads (representing arbitrage opportunities) and the assessment of system benefits like offshore wind (OSW) curtailment reduction, production cost savings, greenhouse gas emission avoidance, etc. Our ranking process of potential battery sites reflects the influence of OSW injection location and planned/potential transmission upgrades.
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PLEXOS Track
Performing Clean Electricity Policy Studies in PLEXOS LT
New York State has set forth some of the most ambitious policies and legislation aimed at completely decarbonizing the electricity sector by 2040. As the system operator, market administrator, and bulk transmission planner, the NYISO plays a key role informing market participants, policy makers, and the public on critical issues associated with achievement of these polices. The NYISO is currently performing techno-economic studies using the PLEXOS LT function to analyze potential futures and identify related challenges associated with an accelerated adoption of renewable technologies over the next 20 years. This presentation will include study results and key insights from the NYISO's most recent System & Resource Outlook study as well as ongoing and upcoming work using the PLEXOS capacity expansion modeling capabilities.
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Aurora Track
A Conversation on Aurora Cloud
Enel North America, beta users of Aurora Cloud, share their insights and experience with Aurora Cloud so far.
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PLEXOS Track
Congestion in Power Transmission and Delivery
Transmission congestion has a direct impact on Power Industry revenues and expenses. Identifying and monitoring energy delivery risks provides developers and utilities greater flexibility for planning their business futures. This session will cover how Daymark used PLEXOS results to help a client quantify, understand, and ultimately mitigate these risks to their development project.
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Aurora Track
Aurora Roadmap
Hear from the Energy Exemplar Product Team on the future of Aurora.
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