By - Jon Brown

Modeling Renewables and Storage for IRP, Procurement & Operations
August 15-16, 2019 | Denver, CO

Download PDF
 

Overview

As the prices of renewable energy and storage projects reach record-low levels and several states are considering increased portfolio standards, resource planners need to consider a wide range of economic benefits and costs when including these technologies in integrated resource plans. This course will provide the methodology to identify and evaluate those benefits and costs, which includes consideration of ancillary services, firm capacity values, curtailment, solar degradation, and battery charging cycles.

In particular, the content of the course will cover the modeling aspects needed to fairly evaluate renewables and storage alongside demand programs, natural gas power plants, and retirement of existing coal and nuclear resources. The differences between utility-owned projects and purchased power agreements will be illustrated, as well as how excess generation may either be sold at discounted market prices or curtailed. Specific battery topics will include evaluation of paired projects vs. grid storage and including replacement costs in the economic evaluation of deep discharging, which shortens the life of the battery.

Learning Outcomes

Regarding renewables and storage, this instructional course will:

  • Establish the base fundamentals for evaluation against a specific portfolio
  • Review the concepts of energy balance and ancillary services
  • Illustrate the methods used to determine capacity values
  • Assess the differences between self-build options and purchased power agreements
  • Explain the detailed parameters needed for modeling battery operations
  • Identify risks and reliability concerns
  • Examine the specific considerations for resource plans and specific project evaluation
  • Review recent real-world projects and evaluations

Credits

AP_Logo

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.

Instructional Methods

Case studies and PowerPoint presentations will be used in this program.

Agenda

Thursday, August 15, 2019

7:45 – 8:15 a.m. :: Registration & Continental Breakfast


8:15 – 9:15 a.m. :: Comparing the Modeling Approach of Renewables and Storage to Legacy Generation Resources

  • Nuclear
  • Steam turbines fueled by coal, biomass, and geothermal
  • Combustion turbines and reciprocating engines fueled by natural gas and diesel
  • Combined cycle fueled by natural gas
  • Hydro (with and without reservoir storage)
  • Intermittent (wind and solar)
  • Other non-dispatchable (landfill projects, co-generation, industrial processes)
  • Storage (pumped hydro and batteries)
  • Demand response

9:15 – 10:15 a.m. :: Energy Balancing with Ancillary Services

  • Unit commitment and economic dispatch
  • Operating reserves (spinning and non-spinning)
  • Regulating reserves (both up and down)
  • Minimum generation and curtailment
  • Daily profile case studies

10:15 – 10:30 a.m. :: Morning Break


10:30 – 11:15 a.m. :: Capacity Reserve Margin Requirements

  • Seasonal load carrying capability
  • Maximum solar potential (from the “duck” curve)

11:15 a.m. – 12:00 p.m. :: Environmental Requirements

  • Carbon limits vs. taxes
  • RPS requirements with carveouts
  • Banking with expiration

12:00 – 1:00 p.m. :: Group Luncheon


1:00 – 2:30 p.m. :: Self-Build, PPA, and Abandonment Costs

  • Tax credits/incentives
  • Curtailment considerations
  • Economic carrying charges
  • Avoidable costs vs. stranded costs

2:30 – 3:00 p.m. :: Networking Break


3:00 – 3:30 p.m. :: Developing Wind and Solar Profiles

  • Location considerations
  • Technology considerations
  • Solar degradation
  • Public data sources

3:30 – 4:45 p.m. :: Battery Modeling

  • Operational considerations (minimum charge/maximum charge)
  • Charging levels to support ancillary services and expected charging/discharging
  • Including replacement costs for deep discharging
  • Paired storage vs. grid storage

4:45 p.m. :: Course Adjourns for Day


Friday, August 16, 2019

8:00 – 8:30 a.m. :: Continental Breakfast


8:30 – 10:15 a.m. :: Risk Analysis and Evaluation

  • Pre-defined scenarios
  • Stochastic analysis
  • Reliability calculations
  • Sub-hourly (10 minute) analysis

10:30 – 11:15 a.m. :: Consideration for IRPs and Project-Specific Evaluations (RFP, QF, CPCN)

  • Consideration of market purchases and sales
  • Automatic capacity expansion vs. detailed simulations
  • Calculating avoided costs

11:15 – 11:45 a.m. :: Review of Recent Projects

11:45 a.m. :: Course Adjourns

Instructors

Norm Richardson, President, Anchor Power Solutions

Norm Richardson is the President of Anchor Power Solutions and has 25 years of experience in market price forecasting, integrated resource planning, risk evaluation, and economic transmission analysis. His experience includes developing software models, collecting and analyzing market data, consulting projects, and expert witness testimony. He holds a Bachelor’s of Science in Mathematics from Furman University and a Master’s of Science in Electrical Engineering from the Georgia Institute of Technology.


Greg Turk, Managing Partner, Horizons Energy

Greg Turk is the Managing Partner of Horizons Energy. With more than 30 years of experience, he utilizes a fundamental economic and engineering approach to address a wide range of electric industry planning problems including: price formation, asset valuation, risk analytics, resource planning, fuels management and environmental compliance.  Mr. Turk holds Bachelors of Science degrees in Physics and Mathematics from Elmhurst College and a Masters in Technology and Public Policy from Purdue University.

Location

EUCI Office Building Conference Center

4601 DTC Blvd, B-100

Denver CO, 80237

 

Suggested Hotel

Hyatt Place Denver Tech Center
8300 E. Crescent Parkway
Greenwood Village, CO 80111
0.9 miles away

Call Central Reservations at 1-888-492-8847 and ask for the corporate rate under the Group Code: EUCI or visit https://denvertechcenter.place.hyatt.com/en/hotel/home.html?corp_id=102338 for the current EUCI rate.
(Hot Breakfast included and Free Shuttle to and from EUCI)

Other Nearby Hotels

Hyatt Regency Denver Tech Center
7800 E Tufts Ave
Denver, CO 80237
Phone: 303-779-1234
0.3 miles away

Hilton Garden Inn Denver Tech Center
7675 E Union Ave
Denver, CO 80237
Phone: 303-770-4200
0.6 miles away

Denver Marriott Tech Center
4900 S Syracuse St
Denver, CO 80237
Phone: 303-779-1100
0.7 miles away

Register

Please Note: Confirmed speakers do not need to register and are encouraged to participate in all sessions of the event. If you are a speaker and have any questions please contact our offices at 1.303.770.8800

EventEarly Bird Before
Friday, July 26, 2019
Standard RateAttendees
Modeling Renewables and Storage for IRP, Procurement & OperationsUS $ 1295.00 US $ 1495.00

Register 3 Send 4th Free!

Any organization wishing to send multiple attendees to these conferences may send 1 FREE for every 3 delegates registered. Please note that all registrations must be made at the same time to qualify.

Cancellation Policy

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before July 12, 2019 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

By clicking Accept or closing this message, you consent to our cookies on this device in accordance with our cookie policy unless you have disabled them. more information

By clicking Accept or closing this message, you consent to our cookies on this device in accordance with our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them. We use cookies during the registration process and to remember member settings.

Close