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Reference | Supporting Document | Energy Systems and Infrastructure Analysis

Argonne Electricity Markets Team Publications

Electricity Markets and Policy 

Zhou, Z., Botterud, A., & Levin, T. (2022). Price Formation in Zero-Carbon Electricity Markets: The Role of Hydropower (ANL-22/31). Argonne National Lab. (ANL), Argonne, IL (United States). https://doi.org/10.2172/1877029

Sun, Y., Frew, B., Levin, T., Hytowitz, R., Kwon, J., Mills, A., Xu, Q., Heidarifar, M., Singhal, N., Mello, P. de, Ela, E., Botterud, A., Zhou, Z., Hobbs, B., & Montanes, C. C. (2021). Research Priorities and Opportunities in United States Competitive Wholesale Electricity Markets (NREL/TP-6A20-77521; p. 102). National Renewable Energy Laboratory. https://www.nrel.gov/docs/fy21osti/77521.pdf

Byers, C., & Botterud, A. (2020). Additional Capacity Value From Synergy of Variable Renewable Energy and Energy Storage. IEEE Transactions on Sustainable Energy, 11(2), 1106–1109. https://doi.org/10.1109/TSTE.2019.2940421

Mills, A. D., Levin, T., Wiser, R., Seel, J., & Botterud, A. (2020). Impacts of variable renewable energy on wholesale markets and generating assets in the United States: A review of expectations and evidence. Renewable and Sustainable Energy Reviews, 120, 109670. https://doi.org/10.1016/j.rser.2019.109670

Kwon, J., Zhou, Z., Levin, T., & Botterud, A. (2020). Resource Adequacy in Electricity Markets With Renewable Energy. IEEE Transactions on Power Systems, 35(1), 773–781. https://doi.org/10.1109/TPWRS.2019.2930934

Levin, T., Kwon, J., & Botterud, A. (2019). The long-term impacts of carbon and variable renewable energy policies on electricity markets. Energy Policy, 131, 53–71. https://doi.org/10.1016/j.enpol.2019.02.070

Levin, T. (2018). Prices in Frequency Regulation Markets: Impacts of Natural Gas Prices and Variable Renewable Energy (ANL/ESD-18/9). Argonne National Laboratory. https://anl.app.box.com/s/abgagg1f7b6slo5qlh3xtius68o7ocy2

Byers, C., Levin, T., & Botterud, A. (2018). Capacity market design and renewable energy: Performance incentives, qualifying capacity, and demand curves. The Electricity Journal, 31(1), 65–74. https://doi.org/10.1016/j.tej.2018.01.006

Wiser, R., Mills, A., Seel, J., Levin, T., & Botterud, A. (2017). Impacts of Variable Renewable Energy on Bulk Power System Assets, Pricing, and Costs (LBNL-2001082). Lawrence Berkeley National Laboratory. https://emp.lbl.gov/publications/impacts-variable-renewable-energy/

Ela, E., Milligan, M., Bloom, A., Botterud, A., Townsend, A., Levin, T., & Frew, B. A. (2016). Wholesale electricity market design with increasing levels of renewable generation: Incentivizing flexibility in system operations. The Electricity Journal, 29(4), 51–60. https://doi.org/10.1016/j.tej.2016.05.001

Milligan, M., Frew, B. A., Bloom, A., Ela, E., Botterud, A., Townsend, A., & Levin, T. (2016). Wholesale electricity market design with increasing levels of renewable generation: Revenue sufficiency and long-term reliability. The Electricity Journal, 29(2), 26–38. https://doi.org/10.1016/j.tej.2016.02.005

Zhou, Z., Levin, T., & Conzelmann, G. (2016). Survey of U.S. Ancillary Services Markets (ANL/ESD-16/1). Argonne National Laboratory. https://publications.anl.gov/anlpubs/2016/09/130102.pdf 

Levin, T., & Botterud, A. (2015). Electricity market design for generator revenue sufficiency with increased variable generation. Energy Policy, 87, 392–406. https://doi.org/10.1016/j.enpol.2015.09.012

Levin, T., & Botterud, A. (2015). Capacity Adequacy and Revenue Sufficiency in Electricity Markets With Wind Power. IEEE Transactions on Power Systems, 30(3), 1644–1653. https://doi.org/10.1109/TPWRS.2015.2403714

Ela, E., Milligan, M., Bloom, A., Botterud, A., Townsend, A., & Levin, T. (2014). Evolution of Wholesale Electricity Market Design with Increasing Levels of Renewable Generation (Technical Report NREL/TP-5D00-61765). National Renewable Energy Laboratory. http://www.nrel.gov/docs/fy14osti/61765.pdf

Power System Modeling

Kim, K., Botterud, A., & Qiu, F. (2018). Temporal Decomposition for Improved Unit Commitment in Power System Production Cost Modeling. IEEE Transactions on Power Systems, 33(5), 5276–5287.  https://doi.org/10.1109/TPWRS.2018.2816463

Liu, C., Botterud, A., Zhou, Z., & Du, P. (2017). Fuzzy Energy and Reserve Co-optimization With High Penetration of Renewable Energy. IEEE Transactions on Sustainable Energy, 8(2), 782–791. https://doi.org/10.1109/TSTE.2016.2610948

Jin, S., Botterud, A., & Ryan, S. M. (2014). Temporal Versus Stochastic Granularity in Thermal Generation Capacity Planning With Wind Power. IEEE Transactions on Power Systems, 29(5), 2033–2041. https://doi.org/10.1109/TPWRS.2014.2299760

Zhou, Z., & Botterud, A. (2014). Dynamic Scheduling of Operating Reserves in Co-Optimized Electricity Markets With Wind Power. IEEE Transactions on Power Systems, 29(1), 160–171. https://doi.org/10.1109/TPWRS.2013.2281504

Jin, S., Botterud, A., & Ryan, S. M. (2013). Impact of Demand Response on Thermal Generation Investment With High Wind Penetration. IEEE Transactions on Smart Grid, 4(4), 2374–2383. https://doi.org/10.1109/TSG.2013.2278882 

Renewable Integration 

Xie, W., Yi, Y., Zhou, Z., & Wang, K. (2021). Data-driven stochastic optimization for power grids scheduling under high wind penetration. Energy Systems. https://doi.org/10.1007/s12667-021-00486-0

Dong, B., Widjaja, R., Wu, W., & Zhou, Z. (2021). Review of onsite temperature and solar forecasting models to enable better building design and operations. Building Simulation, 14(4), 885–907. https://doi.org/10.1007/s12273-020-0759-2

Park, B., Zhou, Z., Botterud, A., & Thimmapuram, P. (2020). Probabilistic Zonal Reserve Requirements for Improved Energy Management and Deliverability With Wind Power Uncertainty. IEEE Transactions on Power Systems, 35(6), 4324–4334. https://doi.org/10.1109/TPWRS.2020.2992763

Xie, W., Zhang, P., Chen, R., & Zhou, Z. (2019). A Nonparametric Bayesian Framework for Short-Term Wind Power Probabilistic Forecast. IEEE Transactions on Power Systems, 34(1), 371–379.  https://doi.org/10.1109/TPWRS.2018.2858265 

Wang, Y., Zhou, Z., Botterud, A., & Zhang, K. (2018). Optimal Wind Power Uncertainty Intervals for Electricity Market Operation. IEEE Transactions on Sustainable Energy, 9(1), 199–210. https://doi.org/10.1109/TSTE.2017.2723907

Chen, R., Wang, J., Botterud, A., & Sun, H. (2017). Wind Power Providing Flexible Ramp Product. IEEE Transactions on Power Systems, 32(3), 2049–2061. https://doi.org/10.1109/TPWRS.2016.2603225

Wang, Y., Zhao, S., Zhou, Z., Botterud, A., Xu, Y., & Chen, R. (2017). Risk Adjustable Day-Ahead Unit Commitment With Wind Power Based on Chance Constrained Goal Programming. IEEE Transactions on Sustainable Energy, 8(2), 530–541. https://doi.org/10.1109/TSTE.2016.2608841

Uçkun, C., Botterud, A., & Birge, J. R. (2016). An Improved Stochastic Unit Commitment Formulation to Accommodate Wind Uncertainty. IEEE Transactions on Power Systems, 31(4), 2507–2517. https://doi.org/10.1109/TPWRS.2015.2461014

Weimar, M. R., Mylrea, M. E., Levin, T., Botterud, A., O’Shaughnessy, E., & Bird, L. (2016). Integrating Renewable Generation into Grid Operations: Four International Experiences (PNNL-25331). Pacific Northwest National Laboratory. http://www.pnnl.gov/main/publications/external/technical_reports/PNNL-2…

Climate to Grid Interactions

Levin, T., Botterud, A., Mann, W. N., Kwon, J., & Zhou, Z. (2022). Extreme weather and electricity markets: Key lessons from the February 2021 Texas crisis. Joule. https://doi.org/10.1016/j.joule.2021.12.015

Energy Storage 

Lin, Y., Li, B., Moiser, T. M., Griffel, L. M., Mahalik, M. R., Kwon, J., & Alam, S. M. S. (2022). Revenue prediction for integrated renewable energy and energy storage system using machine learning techniques. Journal of Energy Storage, 50, 104123. https://doi.org/10.1016/j.est.2022.104123

Sioshansi, R., Denholm, P., Arteaga, J., Awara, S., Bhattacharjee, S., Botterud, A., Cole, W., Cortés, A., Queiroz, A. de, DeCarolis, J., Ding, Z., DiOrio, N., Dvorkin, Y., Helman, U., Johnson, J. X., Konstantelos, I., Mai, T., Pandžić, H., Sodano, D., … Zhang, Z. (2022). Energy-Storage Modeling: State-of-the-Art and Future Research Directions. IEEE Transactions on Power Systems, 37(2), 860–875. https://doi.org/10.1109/TPWRS.2021.3104768

Wang, Y., Wan, C., Zhou, Z., Zhang, K., & Botterud, A. (2018). Improving Deployment Availability of Energy Storage With Data-Driven AGC Signal Models. IEEE Transactions on Power Systems, 33(4), 4207–4217. https://doi.org/10.1109/TPWRS.2017.2780223

Krishnamurthy, D., Uckun, C., Zhou, Z., Thimmapuram, P. R., & Botterud, A. (2018). Energy Storage Arbitrage Under Day-Ahead and Real-Time Price Uncertainty. IEEE Transactions on Power Systems, 33(1), 84–93. https://doi.org/10.1109/TPWRS.2017.2685347

Li, N., Uçkun, C., Constantinescu, E. M., Birge, J. R., Hedman, K. W., & Botterud, A. (2016). Flexible Operation of Batteries in Power System Scheduling With Renewable Energy. IEEE Transactions on Sustainable Energy, 
7(2), 685–696. https://doi.org/10.1109/TSTE.2015.2497470 

Hydropower

Koritarov, V., Balducci, P., Levin, T., Christian, M., Kwon, J., Milostan, C., Ploussard, Q., Padhee, M., Tian, Y., Mosier, T., Alam, S. M. S., Bhattarai, R., Mohanpurkar, M., Stark, G., Bain, D., Craig, M., Hadjerioua, B., O’Connor, P., Mukherjee, S., … Weimar, M. (2021). Pumped Storage Hydropower Valuation Guidebook (ANL-21/10; p. 361). Argonne National Laboratory. https://publications.anl.gov/anlpubs/2021/03/166807.pdf

Botterud, A., Levin, T., & Koritarov, V. (2014). Pumped Storage Hydropower: Benefits for Grid Reliability and Integration of Variable Renewable Energy (ANL/DIS-14/10). Argonne National Laboratory.  https://publications.anl.gov/anlpubs/2014/12/106380.pdf 

Electric Vehicles 

Wang, L., Kwon, J., Schulz, N., & Zhou, Z. (2022). Evaluation of Aggregated EV Flexibility With TSO-DSO Coordination. IEEE Transactions on Sustainable Energy, 1–12. https://doi.org/10.1109/TSTE.2022.3190199

Guo, Z., Zhou, Z., & Zhou, Y. (2020). Impacts of Integrating Topology Reconfiguration and Vehicle-to-Grid Technologies on Distribution System Operation. IEEE Transactions on Sustainable Energy, 11(2), 1023–1032. https://doi.org/10.1109/TSTE.2019.2916499

Zhou, Y., Levin, T., & Plotkin, S. E. (2016). Plug-in Electric Vehicle Policy Effectiveness: Literature Review 
(ANL/ESD-16/8). Argonne National Laboratory. https://www.energy.gov/sites/prod/files/2017/01/f34/Plug-In%20Electric%… 

Global Energy Access 

Sackey, C. V.-H., Levin, T., & Nock, D. (2022). Latent demand for electricity in sub-Saharan Africa: a review. Environmental Research: Infrastructure and Sustainability, 2(2), 022002. https://doi.org/10.1088/2634-4505/ac5fb2

Baker, E., Nock, D., Levin, T., Atarah, S. A., Afful-Dadzie, A., Dodoo-Arhin, D., Ndikumana, L., Shittu, E., Muchapondwa, E., & Sackey, C. V.-H. (2021). Who is marginalized in energy justice? Amplifying community leader perspectives of energy transitions in Ghana. Energy Research & Social Science, 73, 101933. https://doi.org/10.1016/j.erss.2021.101933

Nock, D., Levin, T., & Baker, E. (2020). Changing the policy paradigm: A benefit maximization approach to electricity planning in developing countries. Applied Energy, 264, 114583. https://doi.org/10.1016/j.apenergy.2020.114583 

Nuclear Energy 

Mann, W.N., Zhou, Z., and Stauff, N. (2022). Market-Driven Competitiveness of Nuclear Power Plants 
(ANL/NSE-22/77). Argonne National Laboratory.

Stauff, N., Zhou, J., Mann, W.N., Kim, T., and Cuadra, A. (2022). Nuclear Roles for Electricity Market Reliability in Deep Decarbonization Scenarios (ANL/NSE-22/58). Argonne National Laboratory

Stauff, N.E., Mann, W.N., Biegel, K., Levin, T., Rader, J., Cuadra, A., and Kim, S. (2021). Reactor Power Size Impacts on Nuclear Competitiveness in a Carbon-Constrained Future (ANL/NSE-21/55). Argonne National Laboratory. https://www.osti.gov/servlets/purl/1865640

Jenkins, J.D., Zhou, Z., Ponciroli, R., Vilim, R.B., Ganda, F., de Sisternes, F., and Botterud, A. (2018). The benefits of nuclear flexibility in power system operations with renewable energy. Applied Energy 222, 872–884. 10.1016/j.apenergy.2018.03.002.

Ponciroli, R., Wang, Y., Zhou, Z., Botterud, A., Jenkins, J., Vilim, R.B., and Ganda, F. (2017). Profitability Evaluation of Load-Following Nuclear Units with Physics-Induced Operational Constraints. Nuclear Technology 200, 189–207. 10.1080/00295450.2017.1388668. 

Other

Schwartz, L. C., Wei, M., Morrow, W., Deason, J., Schiller, S. R., Leventis, G., Smith, S., Leow, W. L., Levin, T., Plotkin, S., Zhou, Y., & Teng, J. (2017). Electricity end uses, energy efficiency, and distributed energy resources baseline (LBNL- 1006983). Lawrence Berkeley National Laboratory. https://emp.lbl.gov/publications/electricity-end-uses-energy

Milostan, C., Levin, T., Muehleisen, R., & Guzowski, L. (2017). Commercial Midstream Energy Efficiency Incentive Programs (ANL/ESD-17/24). Argonne National Laboratory. http://www.anl.gov/energy-
systems/publication/commercial-midstream-energy-efficiency-incentive-programs

Folga, S., Portante, E., Shamsuddin, S., Tompkins, A., Talaber, L., McLamore, M., Kavicky, J., Conzelmann, G., & Levin, T. (2016). U.S. Natural Gas Storage Risk-Based Ranking Methodology and Results (ANL-16/19). Argonne National Laboratory. https://www.osti.gov/scitech/biblio/1337151

Levin, T., Muehleisen, R., & Horner, R. (2016). Research and Development Opportunities for Technologies to Influence Water Consumption Behavior (ANL/ESD-16/17). Argonne National Laboratory. https://www.osti.gov/biblio/1331340