New Hydropower Representation in Production Cost Models

This project focuses on improving the representation of hydropower in production cost models by informing the plant classification as a function of basin-scale hydrologic conditions, environmental constraints and grid economics signals that affect operational flexibility. The actionable results will provide a foundational basis for improving PCM methods for representing hydropower facilities in the context of the bulk power system’s (BPS) increasing needs for flexibility and evolving markets for grid services.