North American Electric Reliability Corporation (NERC) presentation to the Electricity Advisory Committee, October 29, 2010, on accommodating high levels of variable electricity eneration.
Variable resources are types of electric power generation that rely on an uncontrolled, “variable” fuel (e.g.
The added value results from a calculation of grid integration costs and market benefits.
The author will outline how CSP with storage provides grid stability and its corresponding value to utilities.
Acknowledging this crisis very seriously, the idea of developing alternative sources of energy was felt essential.Future projections are that a more significant build-out of these variable renewable resources is likely at both the transmission and distribution levels.With these developments, power system planners and operators require new tools and resources to provide a reliable, sustainable, and cost-effective supply of electricity to consumers.In 1973 OPEC(Organization of Petrol Exporting Countries, founded in 1960) imposed an restriction on oil production and started an oil pricing control strategy.Oil prices shot up sharply causing severe global energy crisis.