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Electric Utility Resource Planning

Electric Utility Resource Planning Book
Author : Steven Sim
Publisher : CRC Press
Release : 2017-12-19
ISBN : 1439884099
Language : En, Es, Fr & De

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Book Description :

Most people—including many legislators, regulators, and other decision makers in the electric utility industry—have misconceptions about how electric utilities really "work" and plan for the future. This lack of understanding can lead to poorly informed decisions and policies that directly affect the choices utilities must make. Using easy-to-understand text and examples, Electric Utility Resource Planning: Economics, Reliability, and Decision-Making clarifies how utilities operate their systems and prepare for the future. This explanation will show readers that both expected and counterintuitive results can occur (i.e., conservation might result in higher air emissions, or lowering costs could lead to higher electric rates). Taking readers step by step through this process, the book (in the following order): "Creates" a hypothetical utility Explains how and why a utility operates its system of generating units Discusses the planning methods that a utility would (or should) use Guides readers through each stage of a planning analysis for the hypothetical utility, examining various resource options (conservation, new power plants, and solar) In addition, the author introduces four Fundamental Principles of Resource Planning that should guide utilities. He also offers opinions on how certain trends in utility regulation and legislation can hinder utility planners’ efforts to identify and select the best resources for the utility’s customers. With this book, author Dr. Steven Sim applies his experience and insights from more than two decades of resource planning for Florida Power and Light (FPL). As one of the largest utilities in the United States, FPL has faced a multitude of resource planning challenges, and Dr. Sim has performed and supervised thousands of analyses designed to meet these obstacles. He has also served as an FPL witness in regulatory hearings on a wide variety of topics, ranging from the economic implications of nuclear, conservation, coal, gas, and other resource options, to the non-economic impacts (air emissions, fuel usage, system reliability, etc.) they present.

Electric Utility Resource Planning

Electric Utility Resource Planning Book
Author : Joe Ferrari
Publisher : Elsevier
Release : 2020-09-26
ISBN : 0128226102
Language : En, Es, Fr & De

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Book Description :

Electric Utility Resource Planning: Past, Present and Future covers the balance of renewable costs, energy storage, and flexible backstop mechanisms needed in electric utility resource planning. In addition, it covers the optimization of planning methodologies and market design. The book argues that net load, ramping and volatility concerns associated with renewables call into question the validity of almost a century of planning approaches. Finally, it suggests that accounting for flexibility helps optimize the efficiency of the entire fleet of assets, minimizing costs and CO2 generation simultaneously, concluding that a flexible, independent backstop mechanism is needed, regardless of renewables or storage. Case studies provide a mix of hypothetical "what if" scenarios and analyses of real-life utility portfolios drawn from international examples. Examines how resource planners and policy specialists can plan to incorporate renewable generation technologies, thus uniting considerations of technology, methodology, business and policy Focuses on the reality of long-term decision-making and planning processes in working utilities Reviews novel approaches towards resource planning that yield lower costs and CO2 Emphasizes the need for flexible backstop mechanisms to maintain reliability

Treatment of Solar Generation in Electric Utility Resource Planning Presentation

Treatment of Solar Generation in Electric Utility Resource Planning  Presentation   Book
Author : N.A
Publisher :
Release : 2014
ISBN :
Language : En, Es, Fr & De

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Book Description :

Today's utility planners have a different market and economic context than their predecessors, including planning for the growth of renewable energy. Through interviews and a questionnaire, the authors gathered information on utility supply planning and how solar is represented. Utilities were asked to provide their resource planning process details, key assumptions (e.g. whether DG is represented as supply or negative load), modeling methodology (e.g. type of risk analytics and candidate portfolio development), capacity expansion and production simulation model software, and solar project representation (project size, capacity value and integration cost adder). This presentation aims to begin the exchange of information between utilities, regulators and other stakeholders by capturing utility-provided information about: 1) how various utilities approach long-range resource planning; 2) methods and tools utilities use to conduct resource planning; and, 3) how solar technologies are considered in the resource planning process.

Treatment of Solar Generation in Electric Utility Resource Planning

Treatment of Solar Generation in Electric Utility Resource Planning Book
Author : John Sterling (SEPA)
Publisher :
Release : 2013
ISBN :
Language : En, Es, Fr & De

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Book Description :

Today's utility planners have a different market and economic context than their predecessors, including planning for the growth of renewable energy. State and federal support policies, solar photovoltaic (PV) price declines, and the introduction of new business models for solar PV 'ownership' are leading to increasing interest in solar technologies (especially PV); however, solar introduces myriad new variables into the utility resource planning decision. Most, but not all, utility planners have less experience analyzing solar than conventional generation as part of capacity planning, portfolio evaluation, and resource procurement decisions. To begin to build this knowledge, utility staff expressed interest in one effort: utility exchanges regarding data, methods, challenges, and solutions for incorporating solar in the planning process. Through interviews and a questionnaire, this report aims to begin this exchange of information and capture utility-provided information about: 1) how various utilities approach long-range resource planning; 2) methods and tools utilities use to conduct resource planning; and, 3) how solar technologies are considered in the resource planning process.

Electric Utility Resource Planning

Electric Utility Resource Planning Book
Author : Steven Sim
Publisher : CRC Press
Release : 2017-12-21
ISBN : 1351832638
Language : En, Es, Fr & De

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Book Description :

Most people—including many legislators, regulators, and other decision makers in the electric utility industry—have misconceptions about how electric utilities really "work" and plan for the future. This lack of understanding can lead to poorly informed decisions and policies that directly affect the choices utilities must make. Using easy-to-understand text and examples, Electric Utility Resource Planning: Economics, Reliability, and Decision-Making clarifies how utilities operate their systems and prepare for the future. This explanation will show readers that both expected and counterintuitive results can occur (i.e., conservation might result in higher air emissions, or lowering costs could lead to higher electric rates). Taking readers step by step through this process, the book (in the following order): "Creates" a hypothetical utility Explains how and why a utility operates its system of generating units Discusses the planning methods that a utility would (or should) use Guides readers through each stage of a planning analysis for the hypothetical utility, examining various resource options (conservation, new power plants, and solar) In addition, the author introduces four Fundamental Principles of Resource Planning that should guide utilities. He also offers opinions on how certain trends in utility regulation and legislation can hinder utility planners’ efforts to identify and select the best resources for the utility’s customers. With this book, author Dr. Steven Sim applies his experience and insights from more than two decades of resource planning for Florida Power and Light (FPL). As one of the largest utilities in the United States, FPL has faced a multitude of resource planning challenges, and Dr. Sim has performed and supervised thousands of analyses designed to meet these obstacles. He has also served as an FPL witness in regulatory hearings on a wide variety of topics, ranging from the economic implications of nuclear, conservation, coal, gas, and other resource options, to the non-economic impacts (air emissions, fuel usage, system reliability, etc.) they present.

Treatment of Solar Generation in Electric Utility Resource Planning

Treatment of Solar Generation in Electric Utility Resource Planning Book
Author : N.A
Publisher :
Release : 2013
ISBN :
Language : En, Es, Fr & De

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Book Description :

Today's utility planners have a different market and economic context than their predecessors, including planning for the growth of renewable energy. State and federal support policies, solar photovoltaic (PV) price declines, and the introduction of new business models for solar PV 'ownership' are leading to increasing interest in solar technologies (especially PV); however, solar introduces myriad new variables into the utility resource planning decision. Most, but not all, utility planners have less experience analyzing solar than conventional generation as part of capacity planning, portfolio evaluation, and resource procurement decisions. To begin to build this knowledge, utility staff expressed interest in one effort: utility exchanges regarding data, methods, challenges, and solutions for incorporating solar in the planning process. Through interviews and a questionnaire, this report aims to begin this exchange of information and capture utility-provided information about: 1) how various utilities approach long-range resource planning; 2) methods and tools utilities use to conduct resource planning; and, 3) how solar technologies are considered in the resource planning process.

Guidelines for Implementing an Effective Integrated Resource Planning Process

Guidelines for Implementing an Effective Integrated Resource Planning Process Book
Author : Vista Consulting Group
Publisher : American Water Works Association
Release : 1997
ISBN : 9780898678932
Language : En, Es, Fr & De

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Book Description :

This publication presents six case studies of water utilities which have implemented some form of IRP process to illustrate the successes and problems encountered. Chapter 1 of this report introduces the concept of IRP (Integrated Resource Planning) and compares the IRP approach with traditional and least-cost planning approaches. Chapter 2 defines the key terms used throughout the manual and discusses the history of IRP in the energy industry (electric and gas utilities). It addresses the need for IRP in the water industry and sets forth the fundamentals or components of the IRP process. Chapter 3 presents a summary of the water resource management and planning processes of all the water utility participants on this projects. It also provides detailed discussions of the lessons learned from the six case study utilities and the strengths and weaknesses of their approaches. The Massachusetts Water Resources Authority case study was conducted through on-site interviews. The remaining five case studies were conducted through telephone interviews and through a written survey designed by the research team. Chapter 4 synthesizes the information from the previous chapter and discusses strategies and opportunities for achieving success, with a detailed discussion on how to utilize stakeholders effectively. Chapter 5 introduces step-by-step guidelines toward implementing an effective IRP process. Chapter 6 contains insights and detailed discussions on how to calculate avoided costs, how to include externalities in the planning process, and how to conduct cost-benefits analyses of all the planning alternatives being considered. Two appendices follow Chapter 6. Appendix A contains the detailed case studies of the six water utilities. Appendix B contains the actual survey used by the research team to develop the case studies. Finally, the report concludes with a list of references cited in the text and two bibliographies.

Energy Efficiency

Energy Efficiency Book
Author : Robert B. Patridge
Publisher : DIANE Publishing
Release : 1993-02
ISBN : 9780788104428
Language : En, Es, Fr & De

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Book Description :

Examines the prospects for advancing U.S. energy efficiency through technology improvements and regulatory changes in the utility sector and related Federal and State initiatives. Photos, charts and tables.

Performance based Ratemaking for Electric Utilities

Performance based Ratemaking for Electric Utilities Book
Author : N.A
Publisher :
Release : 1995
ISBN :
Language : En, Es, Fr & De

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Book Description :

Performance-Based Ratemaking (PBR) is a form of utility regulation that strengthens the financial incentives to lower rates, lower costs, or improve nonprice performance relative traditional regulation, which the authors call cost-of-service, rate-of-return (COS/ROR) regulation. Although the electric utility industry has considerable experience with incentive mechanisms that target specific areas of performance, implementation of mechanisms that cover a comprehensive set of utility costs or services is relatively rare. In recent years, interest in PBR has increased as a result of growing dissatisfaction with COS/ROR and as a result of economic and technological trends that are leading to more competition in certain segments of the electricity industry. In addition, incentive regulation has been used with some success in other public utility industries, most notably telecommunications in the US and telecommunications, energy, and water in the United Kingdom. In this report, the authors analyze comprehensive PBR mechanisms for electric utilities in four ways: (1) they describe different types of PBR mechanisms, (2) they review a sample of actual PBR plans, (3) they consider the interaction of PBR and utility-funded energy efficiency programs, and (4) they examine how PBR interacts with electric utility resource planning and industry restructuring. The report should be of interest to technical staff of utilities and regulatory commissions that are actively considering or designing PBR mechanisms. 16 figs., 17 tabs.

Modeling Renewable Energy Resources in Integrated Resource Planning

Modeling Renewable Energy Resources in Integrated Resource Planning Book
Author : N.A
Publisher :
Release : 1994
ISBN :
Language : En, Es, Fr & De

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Book Description :

Includes renewable energy resources in integrated resource planning (IRP) requires that utility planning models properly consider the relevant attributes of the different renewable resources in addition to conventional supply-side and demand-side options. Otherwise, a utility's resource plan is unlikely to have an appropriate balance of the various resource options. The current trend toward regulatory set-asides for renewable resources is motivated in part by the perception that the capabilities of current utility planning models are inadequate with regard to renewable resources. Adequate modeling capabilities and utility planning practices are a necessary prerequisite to the long-term penetration of renewable resources into the electric utility industry's resoure mix. This report presents a review of utility planning models conducted for the National Renewable Energy Laboratory (NREL). The review examines the capabilities of utility planning models to address key issues in the choice between renewable resources and other options. The purpose of this review is to provide a basis for identifying high priority areas of advancing the state of the art.