Geothermal Power for Integration of Intermittent Generation
- Key words
- Geothermal; economics; renewable energy; power grid; ancillary services; frequency regulation; load following; spinning reserve; bulk energy storage; parasitic load; multi-fluid geothermal
- Location
- United States
- Conference
- Geothermal Resources Council Transactions
- Year
- 2014
- Session
- Economics; Energy markets; Renewable energy; Power grids
- Language
- English
Abstract
State renewable portfolio standards requiring more intermittent wind and solar generation will substantially increase the uncertainty and variability in grid operations. Geothermal power plant operators could mitigate variability and uncertainty by operating plants in a more flexible mode. This study explores economic incentives and innovative reservoir management for geothermal plant operators to provide such flexibility.
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