Green Ammonia Production Integrated into US Wholesale Power Markets
The High Plains and Rocky Mountain regions of the United States have some of the best renewable energy resources in the world. As more non-dispatchable wind and solar generation is integrated into the power system, it is impacting wholesale power markets. Average wholesale electricity power prices are falling while their volatility is increasing. This creates opportunities for large flexible loads that are capable of consuming energy while prices are low and not consuming energy when prices are high. Result from an analysis of dispatchable fully electric ammonia production integrated into the power system are presented.