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