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This study explores the joint impacts across the power system of distributed energy resources (DER) that could be deployed in utility distribution systems through an analysis of generation, transmission, and distribution expansion and costs driven by DER adoption. We identify six adoption scenarios that combine deployment levels of rooftop solar photovoltaic modules (PV), electric vehicle charging (EV), and battery storage in residential and commercial customers connected to representative feeders in Indiana by 2025 and 2040. Indiana is a good proxy for many U.S. states with low current DER adoption but potentially high future growth. The economic value of DER is assessed by developing capacity expansion and power flow analysis of the generation and distribution segments, respectively, under future hourly demand assumptions based on each adoption scenarios. Results for the distribution system power flow simulations show that voltage violations are relatively rare. Voltage violations can be mitigated at a very low cost using a combination of smart inverters in future rooftop PV systems and voltage adjustments in the feeder heads. Line loading issues are minimal, with only 0.2% of simulation hours showing loading levels above 100% of capacity. Generation capacity impacts are driven by unmanaged EV charging and could be mitigated with charging management. We estimate that the incremental rate impact from power system investment and operation of increased DER adoption in Indiana will be between −1.6% to + 2% in 2025 and + 0.2% to + 15% in 2040 relative to the base case.

Financial Transmission Rights (FTRs) are financial derivatives in wholesale electricity markets that are sold in auctions. The revenue collected from FTR auctions is passed through to electricity customers to reimburse them for transmission congestion payments they make in the spot energy market. On average, electricity customers' congestion payments greatly exceed auction reimbursements in electricity markets across the United States. We study the issue of auction revenue deficiency through the lens of Auction Revenue Rights (ARRs), which is the predominant mechanism used in U.S. electricity markets to distribute auction revenue to electricity customers. We demonstrate how the ARR process influences fundamental supply conditions in the FTR auction market and show how divergent auction equilibria emerge under different ARR decision-making regimes. Using market data from PJM, we find empirical evidence that variation in ARR management strategies helps explain differences between an FTR's auction price and its realized ex post value. Keywords: Financial transmission rights, Electricity markets, PJM, Congestion, Price discovery, 1. INTRODUCTION Since the passage of FERC Order 888 in 1996, competitive electricity markets have expanded in the United States to serve roughly two-thirds of electricity consumers in the country. [...]

In this paper, the modeling of flexible AC transmission system (FACTS) devices for power flow studies and the role of that modeling in the study of FACTS devices for power flow control are discussed. FACTS devices are solid state converters that have the capability of control of various electrical parameters in transmission circuits. A number of power flow study programs were developed in order to model various types of FACTS devices. Three main generic types of FACTS devices are suggested and the integration of those devices into power flow studies, studies relating to wheeling, and interchange power flow control are illustrated. Keywords: Flexible AC transmission system, FACTS, power flow control, wheeling, power flow studios.

Discusses the modeling of flexible AC transmission (FACTS) devices for power flow studies and the role of that modeling in the study of FACTS devices for power flow control. Types of FACTS devices; Jacobian matrix structures and load flow study convergence in the presence of FACTS devices; Discussion of losses attributable to FACTS devices; Optimal siting of FACTS devices.