Simulating Transformative Resources in the Electric Power Industry: Andrew Ford Professor, School of the Environment Washington State University February 11, 2014. Case Studies of Conservation & Energy Storage. Electric Power in the 1970s.
Simulating Transformative Resources in the Electric Power Industry:Andrew FordProfessor, School of the EnvironmentWashington State UniversityFebruary 11, 2014
Power companies deal with the energy crisis, and the financial challenge of building new power plants
new plants are forcing rate increases-
further cutting the growth in demand
Next: how did the electric utility companies simulate the death spiral?
Not just 3 models, but 33 models .... with ~ ten staff each
300+ modelers! Can’t someone simulate the Death Spiral?
Waiting for regulators to raise rates won’t necessarily solve the financial problems
The IOUs could improve their situation by building smaller, shorter-lead time plants
And by slowing the growth in electricity demand through efficiency programs
Conservation: a transformative resource then,
often the best resource today
2nd Case: Storage
Some promoters say storage is theHoly Grail for Renewables
Exports & Curtailments on a windy Thursday
Major Curtailments on a windy Thursday
wind is too high; run the pumps
wind is too low; run generators
run the pumps
January 2028 Result: 90% Wind Integration
What is the $/MWh value of performing wind integration?
The Value of Wind-Integrationviewed in the long-term model
$ 5.1 billion
Select Middle Curve