Compound hydrometeorological extremes across multiple timescales drive volatility in California electricity market prices and emissions
Compound hydrometeorological extremes across multiple timescales drive volatility in California electricity market prices and emissions
复制标题
多个时间尺度的复合水文极端事件导致加州电力市场价格和排放量波动
DOI:
10.1016/j.apenergy.2020.115541
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发表时间:
2020
期刊:
影响因子:
11.2
通讯作者:
Characklis, Gregory W.
中科院分区:
文献类型:
--
作者:
Su, Yufei;Kern, Jordan D.;Reed, Patrick M.;Characklis, Gregory W.
Hydrometeorological conditions influence the operations of bulk electric power systems and wholesale markets for electricity. Streamflow is the “fuel” for hydropower generation, wind speeds and solar irradiance dictate the availability of wind and solar power production, and air temperatures strongly affect heating and cooling demands. Despite growing concern about the vulnerability of power systems to hydrometeorological uncertainty, including “compound” extremes (multiple extremes occurring simultaneously), quantifying baseline probabilistic risks remains difficult even without factoring in climate change. Here, we use newly developed power system simulation software to show how uncertainties in spatially and temporally correlated hydrometeorological processes affect market prices and greenhouse gas emissions in California’s wholesale electricity market. Results highlight the need for large synthetic datasets to access rare, yet plausible system states that have not occurred in the recent historical record. We find that time scale strongly controls which combinations of hydrometeorological variables cause extreme outcomes. Although scarcity caused by low streamflows and high air temperatures has long been considered a primary concern in Western power markets, market prices are more profoundly impacted by weather and streamflow conditions that lead to an overabundance of energy on the grid.
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影响因子:
5.2
作者:
P. Mote;D. Rupp;Sihan Li;D. Sharp;F. Otto;P. Uhe;M. Xiao;D. Lettenmaier;H. Cullen;M. Allen
通讯作者:
P. Mote;D. Rupp;Sihan Li;D. Sharp;F. Otto;P. Uhe;M. Xiao;D. Lettenmaier;H. Cullen;M. Allen
影响因子:
5.4
作者:
E. Borgomeo;C. Farmer;Jim W Hall
通讯作者:
E. Borgomeo;C. Farmer;Jim W Hall
影响因子:
9
作者:
Zohrabian, Angineh;Sanders, Kelly T.
通讯作者:
Sanders, Kelly T.
影响因子:
9
作者:
T. Kristiansen
通讯作者:
T. Kristiansen
DOI:
10.1016/j.physa.2017.09.001
发表时间:
2016
影响因子:
3.3
作者:
M. Mureddu;H. Meyer
通讯作者:
H. Meyer