As states and utilities across the US have moved to increase their commitments to decarbonize and phase out much of their fossil generation, the burden falls to utility planners and commission analysts to determine how to do that in a way that is both cost effective and maintains reliable operations.
However, understanding how storage and renewables interact with existing infrastructure operationally, to analyze the costs and benefits of various procurement approaches, and to combine those analyses in an effective IRP is difficult at best with traditional modeling methods and tools.
This innovative Master Class will provide those responsible for evaluating storage and renewable technologies (and planning for their deployment) with the current state-of-the-art in technologies, as well as the modeling acumen to assess their interactions with existing assets and justify resource plans. This will include not only discussing modeling the operational capabilities and limitations of current short-duration batteries in concert with renewables, but explore the introduction of innovative long duration technologies with up to 150-hour discharge. Most importantly, it will examine how to integrate renewables and storage with existing resources in the production cost models that form the basis for IRP analyses, and operationally into the system.
Live Discussion and Q&A
The curriculum has been designed to allow professionals to fully grasp today’s most important topics, including:
Live Q&A and discussion following each session
Click here to view the full agenda
May 11, 2021 | 8:30 AM - 3:00 PM PDT
|Session 1: Comparing the Modeling Approach of Renewables and Storage to Legacy Generation Resources
|Session 2: Assessing Meeting Ancillary Services Requirements as Renewable Penetrations Increase
|Session 3: Understanding the Interplay of Environmental Requirements with Resource Planning
|Session 4: Evaluating the Most Economic Path Forward: Assessing Self-Build, PPA, and Abandonment Costs
|Session 5: Incorporating the Intermittency Parameters of Wind and Solar in Production Cost Modeling Tools
|Session 6: Incorporating Battery and Hydrogen Storage into Production Modeling
|Session 7: Risk Analysis and Evaluation
|Session 8: Modeling Reliability
|Session 9: Consideration for IRPs and Project-Specific Evaluations (RFP, QF, CPCN)
|Session 10: Office Hours: Interactive Live Zoom Session
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 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.
Super Early Bird
Pricing ends: March 26, 2021
Pricing ends: April 16, 2021
Pricing ends: May 7, 2021
May 8 - 12, 2021