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Challenges, Issues, and Future Direction of the SAAC

Challenges, Issues, and Future Direction of the SAAC. Michael Schilmoeller Thursday , December 2, 2010 SAAC. Possible Topics. New risk metric(s): per kWh cost and risk metric Use and abuse of the efficient frontier Minimum loading and start-up cost representation

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Challenges, Issues, and Future Direction of the SAAC

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  1. Challenges, Issues, andFuture Direction of the SAAC Michael Schilmoeller Thursday, December 2, 2010 SAAC

  2. Possible Topics • New risk metric(s): per kWh cost and risk metric • Use and abuse of the efficient frontier • Minimum loading and start-up cost representation • Loss of load and expected unserved energy metrics • Transmission representation • The nature of the risky futures • Modeling carbon penalties, cap and trade, emission trading credits, and all that

  3. Possible Topics • More on resource representations (hydrogeneration, conservation, wind, etc.) • Foresight assumptions and decision criteria • Economics as the basis for resource selection: what does it capture, what does it miss? • Validation and the development of futures • Conservation performance uncertainty

  4. Possible Topics • Computer applications for preparing data, recording simulation details, and analyzing results • Representation of decision uncertainty (construction cost uncertainty, construction phases, retirements) • Use of decision uncertainty representation to value modularity, capital intensiveness, and lead time for projects

  5. Committee • Concerns, questions, and interests: a roundtable • Next steps, next meetings • Volunteers for presentations

  6. End

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