Renewable energy is growing at an astounding pace, and now accounts for more than half of all new electric generating capacity additions. Costs for renewables — notably solar photovoltaics (PV) — have dropped to the point where they can undercut coal and natural gas-fired generation. And further cost reductions are expected for wind and solar PV, meaning that these technologies will continue to see very rapid growth.
Renewables’ growth is challenging many of the assumptions upon which traditional utility planning and operation relies. Renewables are creating countless new business opportunities, and disrupting many of the existing companies and institutions that make up the electricity grid.
This course provides a thorough primer about renewables. It will provide insight into the technologies themselves, focusing on real-world cost and performance. It will untangle the complex issue of grid integration, detailing the technical and economic challenges that variable renewables impose on electricity grid operation. In addition, it will provide case studies of businesses that have successfully ridden the renewables wave (and some that haven’t), identifying lessons learned that determine success or failure in this vibrant new market. And it will offer a pragmatic guide to the various state and federal policies that both help and hinder renewables.
- Discuss the electric industry, its concepts, and the growing role of renewable generation in it
- Review statistics on renewable market growth and projected future
- Evaluate technologies cost, performance, and technical characteristics of the following renewable energy types:
- Solar — both photovoltaic (utility scale and distributed) and concentrating solar
- Hydro power
- Geothermal power
- Burning wood and other biomass
- Landfill gas
- Examine impacts of wind and solar generation on the electric grid
- Review processes and best practices for integrating renewable electricity on the grid
- Analyze the ever-changing policy environment and its impacts to renewable business
- Define key elements of renewable project finance and cost analysis
- Evaluate renewable energy market dynamics and tips for making a profitable business
- Identify opportunities, risks, and how to move forward for renewable business success
To participate in class exercises, a laptop computer with internet connection capability is required.
EUCI has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET). In obtaining this accreditation, EUCI has demonstrated that it complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of their Authorized Provider status, EUCI is authorized to offer IACET CEUs for its programs that qualify under the ANSI/IACET Standard.
EUCI is authorized by IACET to offer 1.0 CEUs for this event.
Requirements For Successful Completion Of Program
Participants must sign in/out each day and be in attendance for the entirety of the conference to be eligible for continuing education credit.
Case studies and PowerPoint presentations will be used in this program.
Monday, March 12, 2018
7:30 – 8:00 a.m. :: Registration and Continental Breakfast
8:00 a.m. – 5:00 p.m. :: Course Timing
12:00 – 1:00 p.m. :: Group Luncheon
I. The Big Picture: Renewable Energy Technologies & Their Growing Role on the Electric Grid
- How the electricity utility industry began: early years and how it led to the current structure
- Dynamics of the traditional US electric power grid: generation, transmission and distribution
- Types of electric companies: IOUs, cooperatives, public power and government utilities
- The electric utility vertically integrated business model
- Drivers for change and the rise of renewables
- Generation and consumption statistics, cost of electricity
- How has the mix of electricity generation been changing over time?
- Big picture trends on renewable electricity
- Statistics on renewable market growth and projected future
II. Renewable Energy Technologies: Cost and Performance, Grid Impacts and Integration
Renewable Electricity Technologies
- Technical characteristics, costs, and market projections
- Understanding their potentials, limitations, and promising applications
- Photovoltaic (PV) – utility scale and distributed
- Concentrating Solar
- Hydro power
- Geothermal Power
- Burning wood and other biomass
- Landfill gas
Integrating Variable Renewable Electricity into the Power System
- Solar PV and wind variability
- How much variable renewable energy can power systems handle?
- Technological and economic limits
- Case studies of integrating high levels of variable renewable generation: Germany, Denmark, US
- Power system planning requirements for achieving successful integration of renewables
- Balancing and flexibility
- Transmission infrastructure and planning needs
- Grid services from wind/solar or other equipment
- Options to increase flexibility to address grid integration challenges
- System operation
- Load management/DSM
- Electricity pricing
- Flexible generation
- Best planning practices to accommodate renewable integration for maintaining reliability and cost-effectiveness
III. The Ever-Changing Policy Environment
- Understanding the policy landscape to leverage renewable business
- How policy helps (and hinders) new renewables
- Federal policy drivers
- Tax Credits – ITC and PTC
- Air quality and CO2 rules and regulations
- Expected changes under the new Administration
- State and local policy drivers
- Renewable portfolio standards (RPSs)
- Utility programs and policies
- Local tax and other incentives
- Policy change and uncertainties: How to hedge those risks
Tuesday, March 13, 2018
7:30 – 8:00 a.m. :: Continental Breakfast
8:00 a.m. – 12:00 p.m. :: Course Timing
IV. Renewable Energy – Business Opportunities and Impacts
Understanding the Market Demand for Renewables
- Renewables – related products and services – where, what, and how much
- Short-term forecasts for market growth and change
- Risks and uncertainties – market, policy, technology
Key Elements for Renewable Projects
- Levelized cost of electricity (LCOE) and other metrics for cost analysis
- Technology selection considerations – quality, equipment warranties, and performance guarantees
- Balance of system costs
- “Soft” costs
- Acquisition and siting elements
- O&M costs
- Project financing costs
Renewable Project Finance and Renewable Energy Markets
- How deals are structured and financed
- Power purchase agreements (PPAs) and contracts
- Buyers and sellers — utilities, REC markets, and others
- Understanding renewable energy credits (RECs), both voluntary and RPS-driven
Putting it all Together: Tips for Renewable Business Success
- How to make a profitable business in regulated utility environment
- Emerging (and fading) market niches
- Opportunities and risks: How to move forward
Paul Komor is the founder of the Energy Education programs at the Renewable and Sustainable Energy Institute (RASEI) and a lecturer in the Environmental Studies Program at the University of Colorado-Boulder. As RASEI’s first Education Director, Dr. Komor worked to establish CU-Boulder as a leader in energy education. He currently teaches graduate courses in energy technology and policy at CU-Boulder, and is an Advisor to the UNFCCC, IRENA, and UTP (Malaysia). Prior to joining the University of Colorado faculty, Paul was a Project Director at the U.S. Congress’ Office of Technology Assessment (OTA), where he worked with House and Senate Congressional Committees in preparing and evaluating energy legislation. Prior to joining OTA, he taught at Princeton University. He has published numerous refereed articles, reports, and other papers on renewable energy. His book, Renewable Energy Policy, was required or recommended reading for courses at University of California, Santa Barbara (UCSB), University of Denver (DU), University of Utah, Robert Gordon University (UK), and elsewhere. In 2005, Paul was selected as the 2006 MAP/Ming Visiting Professor of Energy and the Environment by Stanford University, where he spent a sabbatical year researching and teaching on renewable energy policy and technology. In 2007, Paul shared in the Nobel Peace Prize awarded to Al Gore and the Intergovernmental Panel on Climate Change (IPCC) “for their efforts to build up and disseminate greater knowledge about man-made climate change”. For his work with the IPCC, Paul was named a contributor to the Nobel Peace Prize. Paul holds a BS in Engineering from Cornell University, and MS and PhD degrees in Engineering from Stanford University.
Embassy Suites by Hilton Portland Washington Square
9000 SW Washington Square Road
Tigard, OR 97223
To reserve your room, please call 1-800-757-4608 or book online here.
Please use group code XEU or Conference Name: Electric Utility Consultants to receive the EUCI group rate.
The room rate is $149.00 single or double plus applicable taxes.
Room Block Dates:
A room block has been reserved for the nights of March 11 – 15, 2018.
Rate Available Until:
Make your reservations prior to February 19, 2018. There are a limited number of rooms available at the conference rate. Please make your reservations early.