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<p class="MsoNormal">We haven’t held a webinar recently, but we have some new results to share from UCSD – I hope you can join!
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<p class="MsoNormal">Rajni Kant Bansal will give a presentation:<o:p></o:p></p>
<p class="MsoNormal" style="margin-left:.5in"><u><span style="color:black">Title:</span></u><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal" style="margin-left:.5in"><i><span style="color:black">Impact of Storage Losses on Grid Capacity Expansion Modeling: A case study in the WECC and California region </span></i><span style="color:black"><o:p></o:p></span></p>
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Short Abstract:</span></u><span style="color:black"><o:p></o:p></span></p>
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<i><span style="color:black">Energy storage, whether short-term (SDES) or long-term (LDES), is crucial to decarbonizing the electricity grid. While current capacity planning tools establish a benchmark level for future deployment, they often use an ideal model
that fails to account for losses, which can result in unintended target levels. In this work, we model the impact of storage losses, such as self-discharge loss and capacity degradation, in power systems planning. We use SWITCH WECC, a capacity expansion model
with a geographical resolution of 50 representative load zones corresponding to the 11 states in the Western Interconnect region, for various zero-emissions scenarios. Our analysis shows that capacity expansion modeling that does not account for storage losses
can overestimate the optimal energy capacity deployed by up to 70%.</span></i><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal" style="margin-left:.5in"><u><span style="color:black">Speaker Bio:</span></u><span style="color:black"><o:p></o:p></span></p>
<p class="MsoNormal" style="margin-left:.5in"><i><span style="color:black">Rajni Kant Bansal works as a Postdoctoral Researcher at the Center for Energy Research at the University of California San Diego. He has a Ph.D. in Mechanical Engineering, and an M.S.E
in Applied Mathematics and Statistics from Johns Hopkins University. During his studies at JHU, he also worked alongside the Grid Operations and Planning team at the Electric Power Research Institute. Apart from this, he completed his B.Tech. in Mechanical
Engineering from the Indian Institute of Technology Kanpur and has prior experience as a financial analyst at Credit Suisse Investment Bank.</span></i><span style="color:black"><o:p></o:p></span></p>
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