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Electricity Market Operations
Renewable Energy Integration Decarbonization Strategies Asset Valuation Regulatory Support FEATURED PROJECTS
Stochastic Nodal Adequacy Platform (SNAP)
In partnership with the Midcontinent Independent System Operator (MISO) and with funding from the Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E), TCR developed an electric system simulation tool designed to evaluate resource adequacy in systems with a high penetration of intermittent and distributed generation resources.
Reserve Procurement Strategies
The Electric Power Research Institute (EPRI) and Tennessee Valley Authority (TVA) retained TCR to help them evaluate a range of alternative reserve procurement strategies for integrating variable renewable generation.
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Resource AdequacyTCR staff leverage state-of-the-art analytical tools and simulation models, backed by
decades of real-world experience, to evaluate resource adequacy in electricity markets across North America. We endeavor to identify and tackle the complexities of a changing grid in a factual, quantitative, and rigorous manner. TCR brings a multi-disciplinary, quantitative approach to our analyses. Our team has a comprehensive range of technical, economic, financial, and regulatory expertise. We apply state-of-the-art analytical tools and simulation models. TCR provides analyses with rigorous results that withstand peer review and litigation scrutiny. We present those analyses and results clearly and convincingly to both technical and non-technical audiences. Case StudyStochastic Nodal Adequacy Platform (SNAP)
SNAP is a new approach to evaluating resource adequacy. Built on the ENELYTIX platform, SNAP is an electric system simulation tool designed for systems with a high penetration of intermittent and distributed generation resources. SNAP is based on the premise that the uncertainty in resource availability and demand characterize real-time utility operations - and will do so to an even greater extent in the near future. SNAP probabilistically measures operational uncertainty and economic risk, allowing system operators and asset owners to calculate individual, asset-specific contributions to overall system adequacy and produce a nodal (monetary) value of resource adequacy that could be folded into current market pricing structures.
SNAP was developed with funding from the Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E) in partnership with the Midcontinent Independent System Operator (MISO). |
