💡 Higher reserve levels may increase total customer value for customers with an exceptionally high value of lost load, living in areas with exceptionally frequent power interruptions

💡 Total customer value tends to be greatest when reserves are set as low as allowed

💡 Reliability value is (surprisingly) insensitive to storage reserve level under most conditions.

💡 Bill savings drop precipitously with higher storage reserves

🔌 New Journal Article Alert 🔌

Backup power or bill savings? How electricity tariffs impact residential solar-plus-storage usage in the United States

I'm happy to announce has recently been published, open-access, in Utilities Policy 👇

www.sciencedirect.com/science/arti...

In some cases, we found that it would be most valuable for electricity to flow only one direction. However, in many cases, especially for interregional lines, we found a more balanced situation where its valuable for electricity to flow different directions at different times.

We can identify factors that commonly occur during the hours in which Trans is highly valuable. “Unforeseen intraday variation,” which means there was either a sizeable error in a day-ahead forecast or an unexpected infrastructure outage, is particularly correlated with value!

We use recorded wholesale market prices to answer questions of where, when, and why additional TX would or would not have been valuable, and include new methods to estimate potential TX market values and compare these value estimate to independently published cost estimates.

💡 New Transmission Paper alert 💡
“Electric transmission value and its drivers in United States power markets” just went live in Nature Communications! Kudos especially to Julie Mulvaney Kemp for getting this work to the finish line.

doi.org/10.1038/s414...

⚡ 🔌ICYMI a new article has been published in Joule regarding interconnection hurdles ⚡ 🔌

Check out the article below 👇👇 “Grid connection barriers to renewable energy deployment in the United States."

https://buff.ly/3WuXOng