Financial analysis of experimental releases conducted at Glen Canyon Dam during water years 1997 through 2005.

Veselka, T.D.; Poch, L. A.; Palmer, C. S.; Loftin, Samuel R.; Osiek, B.; Decision,

doi:10.2172/977375

Cited by 3 publications

(2 citation statements)

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“…Hydropower is generally regarded as an excellent source for providing regulation, load following, and contingency reserves and can also provide voltage control and black-start capabilities. Other studies have shown that under certain operational regimes, GCD is capable of providing ancillary services to the grid (Harpman, 1997, Veselka et al, 2010).…”

Section: Ancillary Servicesmentioning

confidence: 99%

Measuring Non-Market Values for Hydropower Production and Water Storage on the Colorado River: A White Paper Investigation

Lowry

Chermak

Brookshire

et al. 2017

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This study presents a conceptual framework for capturing the spatial and temporal aspects of non-market dimensions of value (DOV) and how they vary as the result of policy changes for hydropower generation and developed water uses. The foundation of this project is a literature review that reveals that focused, sector specific valuations are no longer adequate if the goal is to provide decision makers with a complete understanding of their decisions. Rather, estimates of non-market values for informing decisions regarding dam operations and/or other water management alternatives must consider the entire spectrum of market and non-market values, and the tradeoffs (both positive and negative) between those values over time and space, while considering shifting preferences in an uncertain environment. This document describes the history and reasoning for these conclusions and presents a conceptual framework for understanding non-market values as a function of changes to hydropower operations and water resources management.

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Section: Ancillary Servicesmentioning

confidence: 99%

Measuring Non-Market Values for Hydropower Production and Water Storage on the Colorado River: A White Paper Investigation

Lowry

Chermak

Brookshire

et al. 2017

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show abstract

“…At the typical operating point of 0.99 pf, the capacity is slightly less (Seitz 2004). Historically the plant has operated at a 0.99 pf (Veselka 2010b). The powerplant electricity production serves the demands of 5.8 million consumers in 10 western states that are located in the Western Electricity Coordinating Council (WECC) region of the North American Electric Reliability Corporation.…”

Section: Introductionmentioning

confidence: 99%

Revised financial analysis of experimental releases conducted at Glen Canyon Dam during water years 1997 through 2005.

Veselka¹,

Poch²,

Palmer³

et al. 2011

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Quantifying the value of hydropower in the electric grid : role of hydropower in existing markets.

Loose

2011

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The electrical power industry is facing the prospect of integrating a significant addition of variable generation technologies in the next several decades, primarily from wind and solar facilities. Overall, transmission and generation reserve levels are decreasing and power system infrastructure in general is aging. To maintain grid reliability modernization and expansion of the power system as well as more optimized use of existing resources will be required. Conventional and pumped storage hydroelectric facilities can provide an increasingly significant contribution to power system reliability by providing energy, capacity and other ancillary services. However, the potential role of hydroelectric power will be affected by another transition that the industry currently experiences-the evolution and expansion of electricity markets. This evolution to market-based acquisition of generation resources and grid management is taking place in a heterogeneous manner. Some North American regions are moving toward full-featured markets while other regions operate without formal markets. Yet other U.S. regions are partially evolved. This report examines the current structure of electric industry acquisition of energy and ancillary services in different regions organized along different structures, reports on the current role of hydroelectric facilities in various regions, and attempts to identify features of market and scheduling areas that either promote or thwart the increased role that hydroelectric power can play in the future. This report is part of a larger effort led by the Electric Power Research Institute with purpose of examining the potential for hydroelectric facilities to play a greater role in balancing the grid in an era of greater penetration of variable renewable energy technologies. Other topics that will be addressed in this larger effort include industry case studies of specific conventional and hydroelectric facilities, systemic operating constraints on hydroelectric resources, and production cost simulations aimed at quantifying the increased role of hydro.

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Financial analysis of experimental releases conducted at Glen Canyon Dam during water years 1997 through 2005.

Cited by 3 publications

References 1 publication

Measuring Non-Market Values for Hydropower Production and Water Storage on the Colorado River: A White Paper Investigation

Measuring Non-Market Values for Hydropower Production and Water Storage on the Colorado River: A White Paper Investigation

Revised financial analysis of experimental releases conducted at Glen Canyon Dam during water years 1997 through 2005.

Quantifying the value of hydropower in the electric grid : role of hydropower in existing markets.

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