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Webinar: Market Design Concepts for Evolving Power Systems
August 23, 2022 @ 4:00 pm - 5:00 pm EDT
Featured Speakers: Bethany Frew, Group Manager, Capacity Expansion & Electricity Markets Group, NREL & Yinong Sun, Researcher, Capacity Expansion & Electricity Markets Group, NREL
About the Webinar: This presentation provides a summary of competitive wholesale electricity market modeling tools and analysis being conducted in the Grid Planning and Analysis Center (GPAC) at the National Renewable Energy Laboratory (NREL). A specific emphasis is placed on the impact of forward and operational market designs on investment decisions and system resource adequacy. This includes linkages that have been developed between a suite of integrated investment, market operations, and resource adequacy tools, as well analysis exploring the impact of non-traditional levels of operational detail on resource adequacy assessment and how markets may need modifications to more efficiently signal for desired resource adequacy outcomes. Analytical approaches and select preliminary results are provided from multiple analyses that leverage NREL’s integrated modeling approach.
About the Speakers: Bethany Frew is the Group Manager of the Capacity Expansion and Electricity Market Group in the National Renewable Energy Laboratory’s Grid Planning and Analysis Center, where she also oversees a team of power system modelers focused on capacity expansion, resource adequacy, and wholesale electricity market design. Her personal research interests span a wide range of topics related to grid integration of renewable energy, including the impact of wholesale electricity market structures on investment decisions and resource adequacy, the economic and operational impacts of nuclear-hydrogen hybridization, capacity credit methodologies, and operational considerations with low-cost solar deployment. Bethany holds a Ph.D. and M.S. in Civil and Environmental Engineering from Stanford University and a B.S. in Food, Agricultural, and Biological Engineering from The Ohio State University.
Yinong Sun is a researcher in the Capacity Expansion and Electricity Markets Group within the Grid Planning and Analysis Center at the National Renewable Energy Laboratory. Her research focuses on transmission planning, renewable energy integration, resource adequacy assessments and wholesale electricity market design. Her current work explores operational impacts on power system resource adequacy, transmission planning in the context of policy analysis and land use impact assessments, and power system infrastructure deployment during low-carbon energy system transition. Yinong is currently a Ph.D. candidate at Johns Hopkins University, and she holds an M.S. from Yale School of Forestry and Environmental Studies and a B.S. in Physics from Peking University.
Moderator: Charlie Smith, Executive Director, ESIG
Registration Cost: FREE
Q&A Session: We will be using the slido platform for Q&A. Please submit your questions and follow-along during the event at this link.