Chris Devon, Director, Market Intelligence – West helped write the “Economic and Reliability Benefits of Gas-Storage Hybrid Resources in Organized Energy Markets” white paper, with other authors from Wellhead and Gridwell Consulting. The paper discusses how gas hybrid systems can offer several advantages in the electricity market given their near-perfect flexibility compared to many other resources. This flexibility allows the optimization software to rely on these resources for operating reserves and peak capacity without any minimum energy dispatched. The hybrid nature of these resources mitigates the must-run issues associated with most conventional resources and mitigates the duration concerns commonly associated with storage resources.
Read the white paper below.
Economic and Reliability Benefits of Gas-Storage Hybrid Resources in Organized Energy Markets