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Electric Utility Resource Planning

Electric Utility Resource Planning
Economics, Reliability, and Decision-Making

by Steven Sim

  • Publisher : CRC Press
  • Release : 2017-12-19
  • Pages : 332
  • ISBN : 1439884099
  • Language : En, Es, Fr & De
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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
Past, Present and Future

by Joe Ferrari

  • Publisher : Elsevier
  • Release : 2020-09-26
  • Pages : 258
  • ISBN : 0128226102
  • Language : En, Es, Fr & De
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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

Best Practices in Electric Utility Integrated Resource Planning

Best Practices in Electric Utility Integrated Resource Planning
Examples of State Regulations and Recent Utility Plans

by Rachel Wilson (Energy policy analyst),Bruce Biewald,Synapse Energy Economics (Firm)

  • Publisher : Unknown Publisher
  • Release : 2013
  • Pages : 36
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Exam Prep for Electric Utility Resource Planning; ...

Exam Prep for Electric Utility Resource Planning; ...
A Book

by Just the Facts101

  • Publisher : Just the Facts101
  • Release : 2019-08-18
  • Pages : 380
  • ISBN : 9781538852118
  • Language : En, Es, Fr & De
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Your text simplified as the essential facts to prepare you for your exams. Over 2,000 higly probable test items.

Issues in Utility Resource Planning: With an eye toward the future; a discussion of electric utility load forecasting

Issues in Utility Resource Planning: With an eye toward the future; a discussion of electric utility load forecasting
A Book

by Anonim

  • Publisher : Unknown Publisher
  • Release : 1986
  • Pages : 129
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Uncertainties and Risks in Electric Utility Resource Planning

Uncertainties and Risks in Electric Utility Resource Planning
A Book

by Narayan S. Rau,Mohammad Harunuzzaman,Daniel J. Duann

  • Publisher : Unknown Publisher
  • Release : 1989
  • Pages : 135
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Treatment of Solar Generation in Electric Utility Resource Planning

Treatment of Solar Generation in Electric Utility Resource Planning
A Book

by John Sterling (SEPA)

  • Publisher : Unknown Publisher
  • Release : 2013
  • Pages : 67
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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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
Economics, Reliability, and Decision-Making

by Steven Sim

  • Publisher : CRC Press
  • Release : 2017-12-21
  • Pages : 332
  • ISBN : 1351832638
  • Language : En, Es, Fr & De
GET BOOK

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 (Presentation).

Treatment of Solar Generation in Electric Utility Resource Planning (Presentation).
A Book

by Anonim

  • Publisher : Unknown Publisher
  • Release : 2014
  • Pages : 39
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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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.

Incorporating Environmental Externalities in the Electric Utility Resource Planning Process

Incorporating Environmental Externalities in the Electric Utility Resource Planning Process
Methods, Effects and Limitations

by Kristin Louise Wulfsberg

  • Publisher : Unknown Publisher
  • Release : 1990
  • Pages : 230
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Electric Utility Demand Side Programs and Integrated Resource Planning

Electric Utility Demand Side Programs and Integrated Resource Planning
Visits to Ten Utilities

by Eric Hirst,Oak Ridge National Laboratory. Energy Division

  • Publisher : Unknown Publisher
  • Release : 1986
  • Pages : 51
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Valuation of Environmental Externalities for Electric Utility Resource Planning in Wisconsin

Valuation of Environmental Externalities for Electric Utility Resource Planning in Wisconsin
A Book

by Tellus Institute,Citizens for a Better Environment

  • Publisher : Unknown Publisher
  • Release : 1991
  • Pages : 200
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Effects of Electric-utility Integrated Resource Planning

Effects of Electric-utility Integrated Resource Planning
A Book

by Charles Stalon,Eric Hirst

  • Publisher : Unknown Publisher
  • Release : 1994
  • Pages : 23
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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A Good Integrated Resource Plan

A Good Integrated Resource Plan
Guidelines for Electric Utilities and Regulators

by Anonim

  • Publisher : Unknown Publisher
  • Release : 1992
  • Pages : 77
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Integrated resource planning helps utilities and state regulatory commissions consistently assess a broad range of demand and supply resources to meet customer energy-service needs cost-effectively. Key characteristics of this planning approach include: explicit consideration and fair treatment of a wide variety of demand and supply options, consideration of the environmental and other social costs of providing energy services, public participation in the development of the resource plan, and analysis of the uncertainties associated with different external factors and resource options. Integrated resource planning differs from traditional planning in the types and scope of resources considered, the owners of the resources, the organizations involved in resource planning, and the criteria for resource selection. This report presents suggestions to utilities on how to conduct such planning and what to include in their resource-planning reports. These suggestions are based on a review of about 50 resource plans as well as discussions with and presentations to regulators and utilities. The suggestions cover four broad topics; the technical competence with which the plan was developed; the adequacy, detail, and consistency (with the long-term plan) of the short-term action plan; the extent to which the interests of various stakeholders was considered, both in public participation in plan development and in the variety of resource plans developedand assessed; and the clarity and comprehensiveness of the utility's report on its plan. Technical competence includes energy and demand forecasts, assessment of supply and demand resources, resource integration, and treatment of uncertainty. Issues associated with forecasts include forecasting approaches; links between the forecasts of energy use and peak demands; and links between the forecasts and the effects of past, present, and future demand-side management programs.

Incorporating Solar Technologies in the Utility Resource Planning Process

Incorporating Solar Technologies in the Utility Resource Planning Process
A Book

by Sandra M. Grosso

  • Publisher : Nova Science Pub Incorporated
  • Release : 2014
  • Pages : 172
  • ISBN : 9781631170096
  • Language : En, Es, Fr & De
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Todays 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. This text focuses on the treatment of solar generation in electric utility resource planning and provides and evaluation of solar valuation methods used in utility planning and procurement processes.

Performance-based Ratemaking for Electric Utilities

Performance-based Ratemaking for Electric Utilities
Review of Plans and Analysis of Economic and Resource-planning Issues. Volume 1

by Anonim

  • Publisher : Unknown Publisher
  • Release : 1995
  • Pages : 106
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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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.

New Approaches to Integrated Resource Planning for Electric Utilities [microform] : Dealing with Uncertainty and Combined Utility and Cogeneration Planning

New Approaches to Integrated Resource Planning for Electric Utilities [microform] : Dealing with Uncertainty and Combined Utility and Cogeneration Planning
A Book

by Douglas Thomas Gardner

  • Publisher : National Library of Canada = Bibliothèque nationale du Canada
  • Release : 1995
  • Pages : 334
  • ISBN : 9780612072978
  • Language : En, Es, Fr & De
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Demand-Side Management and Integrated Resource Planning

Demand-Side Management and Integrated Resource Planning
Findings from a Survey of 24 Electric Utilities

by Anonim

  • Publisher : Unknown Publisher
  • Release : 1991
  • Pages : 82
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Integrated resource planning differs from traditional utility planning practices primarily in its increased attention to demand-side management (DSM) programs and its integration of supply- and demand-side resources into a combined resource portfolio. This report details the findings from an Oak Ridge National Laboratory (ORNL) survey of 24 electric utilities that have well-developed integrated planning processes. These utilities account for roughly one-third of total capacity, electricity generation, and DSM-program expenditures nationwide. The ORNL survey was designed to obtain descriptive data on a national sample of utilities and to test a number of hypothesized relationships between selected utility characteristics and the mix of resources selected for the integrated plan, with an emphasis on the use of DSM resources and the processes by which they are chosen. The survey solicited information on each utility's current and projected resource mix, operating environment, procedures used to screen potential DSM resources, techniques used to obtain public input and to integrate supply- and demand-side options into a unified plan, and procedures used in the final selection of resources for the plan.

Energy Efficiency: Challenges and Opportunities for Electric Utilities

Energy Efficiency: Challenges and Opportunities for Electric Utilities
A Book

by Anonim

  • Publisher : DIANE Publishing
  • Release : 2021
  • Pages : 129
  • ISBN : 1422349454
  • Language : En, Es, Fr & De
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Balancing Cost and Risk

Balancing Cost and Risk
The Treatment of Renewable Energy InWestern Utility Resource Plans

by Anonim

  • Publisher : Unknown Publisher
  • Release : 2005
  • Pages : 129
  • ISBN : 9876543210XXX
  • Language : En, Es, Fr & De
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Markets for renewable electricity have grown significantly in recent years, motivated in part by federal tax incentives and in part by state renewables portfolio standards and renewable energy funds. State renewables portfolio standards, for example, motivated approximately 45% of the 4,300 MW of wind power installed in the U.S. from 2001 through 2004, while renewable energy funds supported an additional 15% of these installations. Despite the importance of these state policies, a less widely recognized driver for renewable energy market growth is poised to also play an important role in the coming years: utility integrated resource planning (IRP). Formal resource planning processes have re-emerged in recent years as an important tool for utilities and regulators, particularly in regions where retail competition has failed to take root. In the western United States, recent resource plans contemplate a significant amount of renewable energy additions. These planned additions - primarily coming from wind power - are motivated by the improved economics of wind power, a growing acceptance of wind by electric utilities, and an increasing recognition of the inherent risks (e.g., natural gas price risk, environmental compliance risk) in fossil-based generation portfolios. The treatment of renewable energy in utility resource plans is not uniform, however. Assumptions about the direct and indirect costs of renewable resources, as well as resource availability, differ, as do approaches to incorporating such resources into the candidate portfolios that are analyzed in utility IRPs. The treatment of natural gas price risk, as well as the risk of future environmental regulations, also varies substantially. How utilities balance expected portfolio cost versus risk in selecting a preferred portfolio also differs. Each of these variables may have a substantial effect on the degree to which renewable energy contributes to the preferred portfolio of each utility IRP. This article, which is based on a longer report from Berkeley Lab, examines how twelve western utilities - Avista, Idaho Power, NorthWestern Energy (NorthWestern or NWE), Portland General Electric (PGE), Puget Sound Energy (PSE), PacifiCorp, Public Service Company of Colorado (PSCo), Nevada Power, Sierra Pacific, Pacific Gas & Electric (PG & amp;E), Southern California Edison (SCE), and San Diego Gas & Electric (SDG & amp;E) - treat renewable energy in their recent resource plans. In aggregate, these utilities supply approximately half of all electricity demand in the western United States. In reviewing these plans, our purpose is twofold: (1) to highlight the growing importance of utility IRP as a current and future driver of renewable energy, and (2) to suggest possible improvements to methods used to evaluate renewable energy as a resource option. This article begins with a discussion of the planned renewable energy additions called for by the twelve utilities in our sample, followed by an overview of how these plans incorporated renewables into candidate portfolios, and a review of the specific technology cost and performance assumptions they made, primarily for wind power. We then turn to the utilities analysis of natural gas price and environmental compliance risks, and examine how the utilities traded off portfolio cost and risk in selecting a preferred portfolio.