Resource planning or how do we ensure that we have enough capacity and energy to meet member needs
Download
1 / 14

Resource Planning - PowerPoint PPT Presentation


  • 249 Views
  • Updated On :

Resource Planning or how do we ensure that we have enough capacity and energy to meet member needs ?. Stan Selander Senior Resource Strategist. Timeframes. Real time/day ahead (RT/DA) Year (for MISO Capacity) Long term (LT). DA/RT timeframe. Energy only market

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Resource Planning ' - RoyLauris


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Resource planning or how do we ensure that we have enough capacity and energy to meet member needs l.jpg

Resource Planning or how do we ensure that we have enough capacity and energy to meet member needs ?

Stan Selander

Senior Resource Strategist


Timeframes l.jpg
Timeframes

  • Real time/day ahead (RT/DA)

  • Year (for MISO Capacity)

  • Long term (LT)


Da rt timeframe l.jpg
DA/RT timeframe

  • Energy only market

  • But capacity resources “must offer”

  • Automated forecasting tools, modified by judgment

  • Load bid into MISO energy market

  • Generation offered into MISO energy market

  • MISO dispatches ALL resources necessary to meet aggregate load requirements


Gre s long term resource planning l.jpg
GRE’s long-term resource planning

  • 10 to 30 years into future

  • System forecast by resource planning

    • Plan generation to a 50th percentile demand forecast, 50th percentile energy forecast

  • Resources planned/dispatched to serve GRE load


Slide5 l.jpg

Long-Range Planning

Process

New & Existing Resource Characteristics

(Capacities, Heat Rates, Emissions, Energy Patterns, Forced & Maintenance Outage Rates, Fixed and Variable Costs, Construction Costs)

Externality Values Forecasts

Forecast of Residential Consumers

Historical Weather Data

Financial Assumptions

(Discount and Inflation Rates)

Fuel Price Forecasts

Historical Load Data

Long-Range Load Forecast

(Econometric Energy & Demand)

Complete Spring

Long-Range Financial Forecast (LRFF)

(Wholesale Power Rates)

Complete Fall

Capacity Expansion Plan (IRP)

Complete Summer

Transmission Plans

Financial Assumptions

(Discount & Inflation, Rates, Margin & Dept Service Coverage, Interest Income)

Overhead

(Labor, Depreciation, Interest, Taxes & Insurance)

MISO Interaction

Each rectangle represents a process.

Each color represents major inputs into the next process.


Resource planning process l.jpg

1. Forecast Member Needs

4. Update / Maintain

Integrated Resource

Plan and Strategy

2. Analyze Market

3. Create Resource Options

Resource planning process

  • Key questions:

  • Member requirements over time?

  • Power market developments & implications?

  • Options available?

  • Overall strategy?


External influences l.jpg

Resource Planning Process

1. Forecast Member Needs

1. Forecast Member Needs

1. Forecast Member Needs

1. Forecast Member Needs

1. Forecast Member Needs

1. Forecast Member Needs

4. Update / Maintain

4. Update / Maintain

4. Update/Maintain

4. Update / Maintain

4. Update / Maintain

2. Analyze Market

2. Analyze Market

2. Analyze Market

2. Analyze Market

GRE Resource

GRE Resource

the Integrated

2. Analyze Market

2. Analyze Market

GRE Resource

GRE Resource

Strategy

Strategy

Resource Plan

Strategy

Strategy

3. Create Resource Options

3. Create Resource Options

3. Create Resource Options

3. Create Resource Options

3. Create Resource Options

3. Create Resource Options

External influences

Market Impacts

Fuel Costs

Environmental Policies

Renewable

Energy

Requirements

Generation Costs

Efficiency

Requirements





Resource addition timeline sizes represent possible partnerships or purchase contracts l.jpg
Resource addition timelineSizes represent possible partnerships or purchase contracts

200 MW

wind

230 MW intermediate

175 MW peaking

CN Reg. Filing

CN Reg. Filing

2012

Resource

Plan

Filing

2 yr lead time

200 MW

wind

3 yr lead time

IRP Self-Serve Model

Module E

CN Reg. Filing

100 MW wind

200 MW baseload

7 – 8 yr lead time

CN = Certificate of Need



Slide13 l.jpg
MISO

Source: MISO July 2009 Monthly Report

July 2009

MISO – 50,911 GWh

GRE – 1,094 GWh (≈ 2% of MISO)


Conclusions l.jpg
Conclusions

  • GRE’s resource planning is based on member forecasts of demand and energy

  • The MISO market is a short term energy market and a one-year capacity market

  • GRE’s resource plan is based on long-term requirements to serve members’ needs


ad