Alternatives to the Site C Hydroelectric Project

Save this PDF as:
Size: px
Start display at page:

Download "Alternatives to the Site C Hydroelectric Project"

Transcription

1 Alternatives to the Site C Hydroelectric Project Presentation to the Joint Review Panel on the Site C Hydroelectric Project Philip Raphals for Treaty 8 First Nations December 10,

2 Plan Introduction Approach Base Resource Plan (no LNG) > From IRP (Site C) > With Site 7b > With no new hydro Contingency Resource Plan (with LNG) > Base Resource Plan (low load) > Cost comparisons - Summary Conclusions 2

3 Introduction Explore key planning scenarios with and without Site C > Medium scenario (Base Resource Plan) > High scenario (Contingency Resource Plan) > Low scenario (not explicitly studied; resources as in BRP) Available resources > Portfolio analysis in IRP ignored certain key resources DSM Option 3 Capacity-oriented DSM Low capacity-factor SCGTs Site 7b > How much of a difference would it make if these options were retained? 3

4 Approach Rebuild resource stacks for each key scenario > Base Resource Plan (BRP), without LNG > Contingency Resource Plan (CRP), with LNG The highest load scenario > Base Resource Plan (BRP), low load For each one, compare present value differential costs > Capacity costs > DSM costs > Energy costs and revenues > All other costs remain unchanged 4

5 BRP (no LNG) with Site C - Energy www. centrehelios.org Site C 100% surplus to needs at ISD Market value of Site C energy far below unit cost 5

6 BRP (no LNG) with Site C - Capacity www. centrehelios.org Site C capacity not fully used until 2030 Little or no market value for surplus capacity 6

7 BRP (no LNG) Site 7b Changes from IRP scenario > Eliminate Site C > Add Site 7b (in 2029) > DSM Option 3 instead of DSM Option 2 > Capacity-focused DSM programs and industrial load curtailment (P10 in 2040) > Time-of-use rates to 75% of identified potential No surpluses 7

8 Annual Energy (GWh/yr) 100,000 90,000 80,000 70,000 60,000 50,000 40,000 Peak Capacity (MW) 19,000 18,000 17,000 16,000 15,000 14,000 13,000 12,000 BRP without LNG (Site 7b) - Energy BRP without LNG (Site 7b) - Capacity Market Purchases Site 7b Total existing and committed supply Annual Energy Demand Before Conservation Annual Energy Demand After Conservation Revelstoke Unit 6 GMS Units 1-5 Capacity Site 7b 11,000 10,000 F2014 F2015 F2016 F2017 F2018 F2019 F2020 F2021 F2022 F2023 F2024 F2025 F2026 F2027 F2028 F2029 F2030 F2031 F2032 F2032 Existing Peak Capacity Sup 8

9 BRP (no LNG) no new hydro To compensate for the loss of capacity from Site 7b, Revelstoke Unit 6 is advanced by two years Market purchases are used to make up the energy shortfall in later years > Difficulty of modelling additional clean resources with available information 9

10 19,000 BRP without LNG (no new hydro) - Capacity 18,000 17,000 Capacity (MW) Annual Energy (GWh/yr) 16,000 15,000 14,000 13,000 12,000 11, ,000 10,000 90,000 80,000 70,000 60,000 50,000 40,000 BRP without LNG (no new hydro) - Energy F2014 F2015 F2016 F2017 F2018 F2019 F2020 F2021 F2022 F2023 F2024 F2025 F2026 F2027 F2028 F2029 F2030 F2031 F2032 F2033 Revelstoke Unit 6 GMS Units 1-5 Capacity Increase Existing Peak Capacity Supply Peak Capacity Demand Before Conservation Peak Capacity Demand Af C i Market Purchases Total existing and committed supply Annual Energy Demand Before Conservation Annual Energy Demand After Conservation 10

11 BRP (no LNG) cost comparison www. centrehelios.org Calculate year-by-year costs for each cost category that varies from one scenario to another > Capacity costs > Energy costs and revenues Import costs Gas costs Export revenues > Differential DSM costs Site C Site 7b No new hydro

12 BRP (no LNG) cost comparison Present value > Site C: $1,545 million > Site 7b: $923 million > No new hydro: $605 million Site C the most expensive of the three options No new hydro the least expensive www. centrehelios.org NB: only the differential costs between scenarios is meaningful Differential PV ($M) $1,800 $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 $0 BRP without LNG Site C Site 7b no new hydro > Absolute values are not > Because only certain cost categories are included 12

13 CRP (with LNG) Site C MW 19,000 18,000 17,000 16,000 15,000 14,000 13,000 12,000 11,000 10,000 CRP with LNG (Site C) Capacity F2014 F2015 F2016 F2017 F2018 F2019 F2020 F2021 F2022 F2023 F2024 F2025 F2026 F2027 F2028 F2029 F2030 F2031 F2032 F2032 Market Purchases Clean Resources Revelstoke Unit 6 GMS Units 1-5 Capacity Increase Gas Capacity Site C Existing Peak Capacity Supply Peak Capacity Demand Before Conservation Peak Capacity Demand After Conservation Includes almost 2,000 MW of SCGTs Includes 500 MW and 4,500 GWh of market purchases, in certain years 13

14 CRP (with LNG) with and without Site 7b www. centrehelios.org Use same level of clean resources as in Site C scenario Replaced some SCGTs with CCGTs, for more efficient use of gas 14

15 MW 19,000 18,000 17,000 16,000 15,000 14,000 13,000 12,000 11,000 10, ,000 CRP with LNG (Site 7b) Capacity CRP with LNG (Site 7b) - Energy www. centrehelios.org Market Purchases CCGT Clean Resources Revelstoke Unit 6 GMS Units 1-5 Capacity Increase SCGT Site 7b Existing Peak Capacity Supply Peak Capacity Demand Before 90,000 80,000 Market Purchases CCGT MW 70,000 60,000 Clean Resources SCGT Site 7b Revelstoke Unit 6 50,000 40,000 Total existing and committed supply Annual Energy Demand Before Conservation 15

16 CRP (with LNG) with no new hydro Compared to Site 7b solution > 200 MW more CCGT; 100 MW less SCGT www. centrehelios.org > 1,400 GWh/yr more market energy purchases Could probably be displaced by add l clean resources Compared to Site C solution (IRP) > Slightly more gas > CCGT as well as SCGT > Energy purchases at end of period Market energy (2033) SCGT CCGT MW MW GWh/yr Site C Site 7b no new hydro > Gas resources may allow firming of some non-firm hydro, reducing need for purchases 16

17 MW 19,000 18,000 17,000 16,000 15,000 14,000 13,000 12,000 11,000 10, ,000 90,000 80,000 70,000 60,000 50, CRP with LNG (no new hydro) - Capacity CRP with LNG (no new hydro) - Energy www. centrehelios.org Market Purchases CCGT Clean Resources Revelstoke Unit 6 GMS Units 1-5 Capacity Increase SCGT Existing Peak Capacity Supply Peak Capacity Demand Market Purchases CCGT Clean Resources SCGT Site 7b Revelstoke Unit 6 Total existing and committed supply 17

18 CRP (with LNG) cost comparison Costs much higher than in other scenarios > Costs highest with Site C > Somewhat lower with Site 7b > Much lower with no new hydro CRP with LNG www. centrehelios.org Differential PV ($M) 4,000 3,800 3,600 3,400 3,200 3,000 2,800 2,600 2,400 2,200 2,000 1 Site C Site 7b no new hydro 18

19 BRP (low load) Site C No analysis in EIS > BC Hydro plans to medium scenario Very limited analysis in IRP > 4 scenarios out of 58 > Table 6-12 shows that, for low load ( small gap ), Site C scenario costs $1 billion more than without Site C Charts show that, with low load scenario: > Site C energy is 100% surplus well beyond 2040 > Site C capacity is 100% surplus until

20 16,000 BRP Low Load (Site C) - Capacity MW 15,000 14,000 13,000 12,000 11,000 10,000 80,000 BRP Low Load (Site C) - Energy Site C Existing Peak Capacity Supply Peak Capacity Demand Before Conservation 70,000 Site C GWh 60,000 50, Total existing and committed supply Annual Energy Demand Before Conservation Annual Energy Demand After Conservation 20

21 BRP (low load) without Site C No scenario prepared with Site 7b > Not needed within planning period Existing resources surplus to capacity and energy needs through 2040 > Same DSM options as in other scenarios 21

22 BRP BRP (low Low Load load) (no new hydro) no -new Capacityhydro 16,000 www. centrehelios.org 15,000 14,000 MW 13,000 12,000 11,000 10,000 80,000 BRP Low Load (no new hydro) - Energy Existing Peak Capacity Supply Peak Capacity Demand Before Conservation Peak Capacity Demand After Conservation GWh 70,000 60,000 50,000 Total existing and committed supply Annual Energy Demand Before Conservation 40,000 Annual Energy Demand After 22

23 BRP (low load) cost comparison Building Site C increases costs by over $1 billion (as seen in IRP) 0 BRP (low load) without LNG Differential PV ,000-1,500-2,000 Site C no new hydro -2,500 23

24 Cost comparisons - Summary Costs significantly higher with Site C, in all scenarios 5,000 4,000 3,000 2,000 1,000 Present Value Differential Costs Site C Site 7b no new hydro Present value differential costs ($ millions) BRP Low Load (no BRP (no LNG) CRP (LNG) Site C -1,073 1,545 3,751 Site 7b 923 3,369 no new hydro -2, , ,000-2,000 BRP Low Load (no LNG) BRP (no LNG) CRP (LNG) -3,000 24

25 Differential costs Compared to Site 7b, differential PV costs for Site C are $ million higher Compared to no new hydro, cost for Site C are $0.9 to $1.4 billion higher 1,500 Differential PV Costs (Site C compared to Site 7b) 1,500 Differential PV Costs (Site C compared to "no new hydro") $ millions 1, $ millions 1, BRP (no LNG) CRP (LNG) 0 BRP Low Load (no LNG) BRP (no LNG) CRP (LNG) 25

26 Conclusions Key resource options were omitted from the Proponent s alternatives analysis > Using these resources, forecast capacity and energy needs can be met at significantly lower cost than with Site C > This is particularly true for low loads, where Site C results in large and costly surplus. > It is also true for the high-load Contingency Resource Plan (with LNG). DSM Option 3 was sacrificed to allow short-term savings of $330 million ( ). But Site C adds costs of around $1 billion. > It appears that these long-term costs were not taken into account. 26

27 Conclusions The purpose of the Site C Project is to meet BC Hydro s capacity and energy needs cost-effectively. These needs can be met more costeffectively (and with lower risk) without the Site C Project. 27

IPPs are Cost-Effective

IPPs are Cost-Effective IPPs are Cost-Effective Presentation to Joint Review Panel of Site C EIS December 10, 2013 (Summary of Written Submission on Nov. 25, 2013) Presenters: Philip K. Barton Lawyer, Entrepreneur and Engineer.

More information

Integrated Resource Plan. Appendix 7K

Integrated Resource Plan. Appendix 7K Integrated Resource Plan Appendix 7K Technical Advisory Committee Written Submissions on Consultation Topics 2013 INTEGRATED RESOURCE PLAN Integrated Resource Plan Appendix 7K TECHNICAL ADVISORY COMMITTEE

More information

The 500 MW Sale to WPS and the 250 MW Sale to MP as described in the Term Sheets in effect. Keeyask for a 2018/19 ISD (In-Service Date)

The 500 MW Sale to WPS and the 250 MW Sale to MP as described in the Term Sheets in effect. Keeyask for a 2018/19 ISD (In-Service Date) MANITOBA HYDRO 2009/2010 POWER RESOURCE PLAN Date: September 16, 2009 The purpose of this power resource plan is: To provide a recommended long-term development plan, and To provide an alternative long-term

More information

2012 Integrated Resource Plan. Appendix. DSM Implementation Plan

2012 Integrated Resource Plan. Appendix. DSM Implementation Plan Appendix 9A DSM Implementation Plan Table of Contents 1 Context and DSM Strategy... 1 1.1 Legal and Policy Context... 1 1.1.1 Definition of DSM... 1 1.1.2 British Columbia s Energy Objectives... 2 1.1.3

More information

SITE C CLEAN ENERGY PROJECT: BUSINESS CASE SUMMARY

SITE C CLEAN ENERGY PROJECT: BUSINESS CASE SUMMARY SITE C CLEAN ENERGY PROJECT: BUSINESS CASE SUMMARY UPDATED MAY 2014 A HERITAGE BUILT FOR GENERATIONS Clean, abundant electricity has been key to British Columbia s economic prosperity and quality of life

More information

From: Jean Hicks [ ] Sent: May 4, 2012 10:55 AM To: SiteC Review / Examen SiteC [CEAA] Subject: Public Submission

From: Jean Hicks [ ] Sent: May 4, 2012 10:55 AM To: SiteC Review / Examen SiteC [CEAA] Subject: Public Submission From: Jean Hicks [ ] Sent: May 4, 2012 10:55 AM To: SiteC Review / Examen SiteC [CEAA] Subject: Public Submission Canadian Environmental Assessment Agency: Please find comments as attached. The second

More information

Questions of New Information Regarding Cost Effectiveness

Questions of New Information Regarding Cost Effectiveness January 15, 2014 File #: 84780.3 Direct: 604 647 4143 Email: BY E-MAIL (SiteCReview@ceaa-acee.gc.ca; brian.murphy@gov.bc.ca) Site C Joint Review Panel Secretariat Courtney Trevis, Panel Co-Manager Brian

More information

Table of Contents. Need For and Alternatives To Chapter 11 Financial Evaluation of Development Plans

Table of Contents. Need For and Alternatives To Chapter 11 Financial Evaluation of Development Plans Table of Contents Financial Evaluation of....0 Chapter Overview.... Overview and Methodology.... Financial Evaluation Results Customer Rates.... Financial Evaluation Results Net Debt, Fixed Assets, and

More information

Page 1 GCP-2014-00168

Page 1 GCP-2014-00168 Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 For Immediate Release 2014PREM0128-001896 December 16, 2014 NEWS RELEASE Office of the Premier Ministry of Energy and Mines and Responsible for Core

More information

Canadian Renewable Electricity Development: Employment Impacts

Canadian Renewable Electricity Development: Employment Impacts Canadian Electricity Development: Employment Impacts Executive Summary Lowimpact, renewable electricity sources currently employ an average of six people per 10 MW of capacity. If the federal government

More information

GE Energy Financial Services

GE Energy Financial Services GE Energy Financial Services Infocast ERCOT Market Summit 2014 Perspectives on Financing ERCOT Projects John D Jones February 25, 2014 GE Capital GE Capital Americas Corporate lending Equipment lending

More information

Needs For and Alternatives To Overview Meeting Manitobans Electricity Needs. Meeting Manitobans Electricity Needs

Needs For and Alternatives To Overview Meeting Manitobans Electricity Needs. Meeting Manitobans Electricity Needs Meeting Manitobans Electricity Manitoba is growing and is expected to continue doing so. Over the last years the province has enjoyed an expanding population and economy. These increases have led to many

More information

GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 2013

GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 2013 GLOBAL RENEWABLE ENERGY MARKET OUTLOOK 213 FACT PACK GUY TURNER HEAD OF ECONOMICS AND COMMODITIES APRIL 26, 213 GLOBAL RENEWABLE ENERGY MARKET OUTLOOK, 26 APRIL 213 1 INTRODUCTION This year s Global Renewable

More information

FortisBC Inc. 2009 Resource Plan. 2009 Resource Plan 8/25/2009. Energy Gap. Capacity Gap

FortisBC Inc. 2009 Resource Plan. 2009 Resource Plan 8/25/2009. Energy Gap. Capacity Gap FortisBC Inc. Ian Dyck, Project Manager Resource Plan (250) 368-0345 ian.dyck@fortisbc.com Energy Gap (GWh) Capacity Gap 2 1 Recommended Planning Margin 2009 2013 2018 2023 2027 A) Expected Load Forecast

More information

From Forecast to Discovery: Applying Business Intelligence to Power Market Simulations

From Forecast to Discovery: Applying Business Intelligence to Power Market Simulations From Forecast to Discovery: Applying Business Intelligence to Power Market Simulations Presented at the Energy Central Webinar May 12, 2015 Copyright 2015 Newton Energy Group LLC Welcome and Introduction

More information

Future Energy Storage/Balancing Demand

Future Energy Storage/Balancing Demand Jahrestagung 2012 Öko-Institut e.v. Energiewende Gut vernetzt? Berlin, 13 th September 2012 Future Energy Storage/Balancing Demand Dr. Christian Doetsch Fraunhofer UMSICHT Germany 2012-Sep-13 Berlin, Jahrestagung

More information

RENEWABLE ENERGY INVESTMENTS Rising Star In Fast Developing Market Turkey

RENEWABLE ENERGY INVESTMENTS Rising Star In Fast Developing Market Turkey THE UNION OF CHAMBERS AND COMMODITY EXCHANGES OF TURKEY RENEWABLE ENERGY INVESTMENTS Rising Star In Fast Developing Market Turkey 17.April 2012 Gökmen Topuz Energy Council Vice Chairman INDEX Turkish Energy

More information

Quantifying flexibility markets

Quantifying flexibility markets Quantifying flexibility markets Marit van Hout Paul Koutstaal Ozge Ozdemir Ad Seebregts December 2014 ECN-E--14-039 Acknowledgement The authors would like to thank TenneT for its support of this project.

More information

Electricity Insight NEW ZEALAND S ENERGY OUTLOOK. Preview of key insights: Exploring the uncertainty in future electricity demand and supply

Electricity Insight NEW ZEALAND S ENERGY OUTLOOK. Preview of key insights: Exploring the uncertainty in future electricity demand and supply NEW ZEALAND S ENERGY OUTLOOK Electricity Insight Exploring the uncertainty in future electricity demand and supply Preview of key insights: Lower demand growth and excess supply should put strong downward

More information

Wind Power and District Heating

Wind Power and District Heating 1 Wind Power and District Heating New business opportunity for CHP systems: sale of balancing services Executive summary - Both wind power and Combined Heat and Power (CHP) can reduce the consumption of

More information

Electricity Prices Panel

Electricity Prices Panel Electricity Prices Panel Presentation to CCRE Roundtable Hockley Valley March 27, 214 Amir Shalaby, Vice President, Power System Planning March 27, 214 Today s Journey to Residential Bills Part I: Electricity

More information

Wind and Energy Markets: A Case Study of Texas.

Wind and Energy Markets: A Case Study of Texas. Wind and Energy Markets: A Case Study of Texas. Ross Baldick Department of Electrical and Computer Engineering baldick@ece.utexas.edu The University of Texas at Austin May 21, 2010 1 Abstract Many jurisdictions

More information

Overview of Long Island Electric Service Territory

Overview of Long Island Electric Service Territory Overview of Long Island Electric Service Territory Long Island Electric Service Territory» Long Island s electric service customers are located in Nassau County and Suffolk County (except for the villages

More information

INTRODUCTION OF DSM PROGRAMS. Ankara, November 2007. EVA MICHALENA Regulatory Authority for Energy, Greece Sorbonne University, France

INTRODUCTION OF DSM PROGRAMS. Ankara, November 2007. EVA MICHALENA Regulatory Authority for Energy, Greece Sorbonne University, France INTRODUCTION OF DSM PROGRAMS Ankara, November 2007 EVA MICHALENA Regulatory Authority for Energy, Greece Sorbonne University, France World State-Of Of-The-Art and the need for Energy Efficiency Rio Convention

More information

The Utility of the Future

The Utility of the Future 1 The Utility of the Future is the Unifying Entity that connects the needs and wants of the User with the core values of the Community in the most Efficient and Sustainable way possible. is responsible

More information

Natural Gas and Electricity Coordination Experiences and Challenges

Natural Gas and Electricity Coordination Experiences and Challenges 1 Natural Gas and Electricity Coordination Experiences and Challenges Challenges Facing the New England Power System Gordon van Welie, President and CEO, ISO New England 2015 IEEE Power & Energy Society

More information

Investigating a Higher Renewables Portfolio Standard in California

Investigating a Higher Renewables Portfolio Standard in California Investigating a Higher Renewables Portfolio Standard in California January 2014 Investigating a Higher Renewables Portfolio Standard in California January 2014 2013 Copyright. All Rights Reserved. Energy

More information

Electricity Costs White Paper

Electricity Costs White Paper Electricity Costs White Paper ISO New England Inc. June 1, 2006 Table of Contents Executive Summary...1 Highlights of the Analysis...1 Components of Electricity Rates...2 Action Plan for Managing Electricity

More information

Vectren Integrated Resource Plan (IRP) Stakeholder Meeting 3 of 3. Discussion of Analysis Results September 24, 2014

Vectren Integrated Resource Plan (IRP) Stakeholder Meeting 3 of 3. Discussion of Analysis Results September 24, 2014 Vectren Integrated Resource Plan (IRP) Stakeholder Meeting 3 of 3 Discussion of Analysis Results September 24, 2014 IRP Timeline 2 1. Identify key objectives and metrics Complete 2. Gather information

More information

Macro-economic impact of Renewable Energy Production in Belgium. 21 October 2014

Macro-economic impact of Renewable Energy Production in Belgium. 21 October 2014 Macro-economic impact of Renewable Energy Production in Belgium 21 October 2014 Context and objectives of the study Renewable energy deployment among key solutions for meeting energy challenges to be addressed

More information

Tacoma Power 2015 Integrated Resource Plan. Resource Adequacy Standard

Tacoma Power 2015 Integrated Resource Plan. Resource Adequacy Standard Tacoma Power 215 Integrated Resource Plan Resource Adequacy Standard In Brief This paper proposes a resource adequacy standard to be used for integrated resource planning at Tacoma Power. The resource

More information

Port Jackson Partners

Port Jackson Partners Port Jackson Partners NOT JUST A CARBON HIT ON ELECTRICITY PRICES Many factors will drive a doubling of electricity prices in many states by 15. This will have a major impact on virtually all businesses.

More information

Electricity Rates Forecasting:

Electricity Rates Forecasting: Electricity Rates Forecasting: Muskrat Falls Will Options: Stabilize Rates for Consumers Legal S92A, Good Faith and Regulatory Proceedings in Quebec Department of Natural Resources October 2012 Department

More information

NEVADA S ELECTRIC POWER SYSTEM AND THE CLEAN POWER PLAN

NEVADA S ELECTRIC POWER SYSTEM AND THE CLEAN POWER PLAN ADVANCED ENERGY ECONOMY the business voice of advanced energy NEVADA S ELECTRIC POWER SYSTEM AND THE CLEAN POWER PLAN The U.S. Environmental Protection Agency (EPA) will soon release the final rule for

More information

Demand (Energy & Maximum Demand) Forecast - IRP 2010 O Parameter Overview sheet

Demand (Energy & Maximum Demand) Forecast - IRP 2010 O Parameter Overview sheet Demand (Energy & Maximum Demand) Forecast - IRP 2010 O Parameter Overview sheet This sheet is to be used as the primary stakeholder engagement tool. This document provides the information that will allow

More information

Renewable Energy Credit (REC) Price Forecast (Preliminary Results)

Renewable Energy Credit (REC) Price Forecast (Preliminary Results) Renewable Energy Credit (REC) Price Forecast (Preliminary Results) OVERVIEW What is a REC price forecast and why is it needed? Interest in renewable energy has increased worldwide in response to concerns

More information

Solar Resource Measurement Importance. Wil Grady P.E. Southern California Edison Power Supply NREL PV Solar Resource Workshop Denver 2015

Solar Resource Measurement Importance. Wil Grady P.E. Southern California Edison Power Supply NREL PV Solar Resource Workshop Denver 2015 Solar Resource Measurement Importance Wil Grady P.E. Southern California Edison Power Supply NREL PV Solar Resource Workshop Denver 2015 1 Overview of SCE Large service territory 14 million residents 4.9

More information

Electric Utilities. Introduction to the module

Electric Utilities. Introduction to the module Introduction to the module The electric utilities module is based on a reporting framework produced by the Institutional Investors Group on Climate Change (IIGCC), Ceres, and the Investor Group on Climate

More information

Electric Load Forecast

Electric Load Forecast Electric Load Forecast Fiscal 2013 to Fiscal 2033 Load and Market Forecasting Energy Planning and Economic Development BC Hydro 2012 Forecast December 2012 PAGE 1 Tables of Contents Executive Summary...

More information

Electricity Supply. Monthly Energy Output by Fuel Type (MWh)

Electricity Supply. Monthly Energy Output by Fuel Type (MWh) Ontario Energy Report Q4 Electricity October December Electricity Supply Electricity production was lower in Q4 than in previous years, with milder than normal weather in October and December resulting

More information

Electric Utilities. Introduction to the module

Electric Utilities. Introduction to the module Introduction to the module The electric utilities module is based on a reporting framework produced by the Institutional Investors Group on Climate Change (IIGCC), Ceres, and the Investor Group on Climate

More information

Report to the Legislative Assembly

Report to the Legislative Assembly Electric and Natural Gas Company Rate Impacts to Meet 2020 Greenhouse Gas Emission Reduction Goals Report to the Legislative Assembly Presented to: Senate Environment and Natural Resources Committee Prepared

More information

Indiana Electricity Projections: The 2011 Forecast

Indiana Electricity Projections: The 2011 Forecast Indiana Electricity Projections: The 2011 Forecast Prepared by: Forrest D. Holland Marco A. Velastegui Douglas J. Gotham David G. Nderitu Paul V. Preckel Timothy A. Phillips Darla J. Mize State Utility

More information

Renewable Energy Fund

Renewable Energy Fund For discussion purposes only not suitable for retail clients Renewable Energy Fund Trusted Alternatives Summary Document April 2013 Under The Enterprise Investment Scheme Summary Document The following

More information

PJM Renewable Integration Study

PJM Renewable Integration Study GE Energy Consulting PJM Renewable Integration Study Executive Summary Report Revision 03 Prepared for: PJM Interconnection, LLC. Prepared by: General Electric International, Inc. February 28, 2014 Legal

More information

February 3, 2015. SUBJECT: Proposed Standard Scenario Results Comparison Metrics

February 3, 2015. SUBJECT: Proposed Standard Scenario Results Comparison Metrics Phil Rockefeller Chair Washington Tom Karier Washington Henry Lorenzen Oregon Bill Bradbury Oregon W. Bill Booth Vice Chair Idaho James Yost Idaho Pat Smith Montana Jennifer Anders Montana February 3,

More information

ELECTRIC UTILITY INTEGRATED RESOURCE PLAN (IRP)

ELECTRIC UTILITY INTEGRATED RESOURCE PLAN (IRP) ELECTRIC UTILITY INTEGRATED RESOURCE PLAN (IRP) Demand-Side Resources PRESENTED TO THAI ENERGY REGULATORY COMMISSION, OERC, AND UTILITIES DELEGATION Boston, Massachusetts PRESENTED BY ROMKAEW BROEHM MARIKO

More information

Caribbean Regional Electricity Generation, Interconnection, and Fuels Supply Strategy. Final Report Executive Summary. Submitted to: World Bank

Caribbean Regional Electricity Generation, Interconnection, and Fuels Supply Strategy. Final Report Executive Summary. Submitted to: World Bank The Power of Experience Submitted to: World Bank Caribbean Regional Electricity Generation, Interconnection, and Fuels Supply Strategy Final Report Executive Summary Submitted By: March 2010 Contents Section

More information

Cleaner Air with Electricity Infrastructure Renewal

Cleaner Air with Electricity Infrastructure Renewal Cleaner Air with Electricity Infrastructure Renewal Presentation to the Ontario Power Authority August 5, 2005 David Teichroeb david.teichroeb@enbridge.com Business Development, Fuel Cell Markets Agenda

More information

Fuld Skolerapport for Søhusskolen, i Odense kommune, for skoleår 2013/2014 for klassetrin(ene) 9. med reference Tilsvarende klassetrin i kommunen

Fuld Skolerapport for Søhusskolen, i Odense kommune, for skoleår 2013/2014 for klassetrin(ene) 9. med reference Tilsvarende klassetrin i kommunen Side 1 af 41 Side 2 af 41 Side 3 af 41 Side 4 af 41 Side 5 af 41 Side 6 af 41 Side 7 af 41 Side 8 af 41 Side 9 af 41 Side 10 af 41 Side 11 af 41 Side 12 af 41 Side 13 af 41 Side 14 af 41 Side 15 af 41

More information

Fuld Skolerapport for Hunderupskolen, i Odense kommune, for skoleår 2013/2014 for klassetrin(ene) 7. med reference Tilsvarende klassetrin i kommunen

Fuld Skolerapport for Hunderupskolen, i Odense kommune, for skoleår 2013/2014 for klassetrin(ene) 7. med reference Tilsvarende klassetrin i kommunen Side 1 af 43 Side 2 af 43 Side 3 af 43 Side 4 af 43 Side 5 af 43 Side 6 af 43 Side 7 af 43 Side 8 af 43 Side 9 af 43 Side 10 af 43 Side 11 af 43 Side 12 af 43 Side 13 af 43 Side 14 af 43 Side 15 af 43

More information

Greater Mekong Sub-region Power Trade and Interconnection, Mongolia Grid Interconnection Perspectives

Greater Mekong Sub-region Power Trade and Interconnection, Mongolia Grid Interconnection Perspectives Greater Mekong Sub-region Power Trade and Interconnection, Mongolia Grid Interconnection Perspectives Shigeru Yamamura( 山 村 繁 ), Energy Specialist, East Asia Department, Asian Development Bank GMS Power

More information

Quantifying the Amount and Economic Impacts of Missing Energy Efficiency in PJM s Load Forecast

Quantifying the Amount and Economic Impacts of Missing Energy Efficiency in PJM s Load Forecast Quantifying the Amount and Economic Impacts of Missing Energy Efficiency in PJM s Load Forecast PREPARED FOR The Sustainable FERC Project PREPARED BY Ahmad Faruqui, Ph.D. Sanem Sergici, Ph.D. Kathleen

More information

Nova Scotia s Energy (Efficiency) Resource

Nova Scotia s Energy (Efficiency) Resource Nova Scotia s Energy (Efficiency) Resource What is Energy Efficiency? Refers to products or systems using less energy to do the same or better job than conventional products or systems. (US Environmental

More information

[Sent to Covered Activities and Resource Mapping working groups on Oct. 21, 2011.]

[Sent to Covered Activities and Resource Mapping working groups on Oct. 21, 2011.] 2040 and 2050 Acreage Needs for Renewable Generation Dave Vidaver, Electricity Analysis Office, California Energy Commission dvidaver@energy.state.ca.gov In order to inform the DRECP process, Energy Commission

More information

Planning Reserve Margin (PRM)

Planning Reserve Margin (PRM) Planning Reserve Margin (PRM) Nguyen Pham Planning Specialist, Power Supply & Planning Overview A more detailed version of the PRM presentation given in July 2015 Q & A on the PRM report based on 2012

More information

Cutting Australia s Carbon Abatement Costs with Nuclear Power

Cutting Australia s Carbon Abatement Costs with Nuclear Power Cutting Australia s Carbon Abatement Costs with Nuclear Power Martin Nicholson, October 2011 Abstract The Australian Government Treasury modelling of a carbon price shows that Australia must purchase the

More information

FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE

FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE FRAUNHOFER INSTITUTE FOR SOLAR ENERGY SYSTEMS ISE Power generation from renewable energy in Germany assessment of 2015 Prof. Dr. Bruno Burger Fraunhofer Institute for Solar Energy Systems ISE Freiburg,

More information

Ontario s Electricity Dilemma - Energy Policy Presentation. This presenta,on can be downloaded at: h4p://www.ospe.on.ca/?

Ontario s Electricity Dilemma - Energy Policy Presentation. This presenta,on can be downloaded at: h4p://www.ospe.on.ca/? Ontario s Electricity Dilemma - Achieving Low Emissions at Reasonable Electricity Rates Energy Policy Presentation This presenta,on can be downloaded at: h4p://www.ospe.on.ca/?page=pres_lib#peo OSPE Energy

More information

Summary of Key Agreements

Summary of Key Agreements Energy Agreement Among the State of Hawaii, Division of Consumer Advocacy of the Department of Commerce & Consumer Affairs, and Hawaiian Electric Companies Summary of Key Agreements Signatories: The Governor

More information

NATURAL GAS - WHY SO LITTLE RECOGNITION?

NATURAL GAS - WHY SO LITTLE RECOGNITION? NATURAL GAS - WHY SO LITTLE RECOGNITION? Steve Davies Policy Adviser Australian Pipeline Industry Association Overview Natural Gas in Australia Real energy contribution Natural gas can help in many ways

More information

ANCILLARY SERVICES SUPPLIED TO THE GRID: THE CASE OF THISVI CCGT POWER PLANT (GREECE)

ANCILLARY SERVICES SUPPLIED TO THE GRID: THE CASE OF THISVI CCGT POWER PLANT (GREECE) Claudio Cavandoli, Alessandro Crippa EDISON S.p.A., Engineering Department ANCILLARY SERVICES SUPPLIED TO THE GRID: THE CASE OF THISVI CCGT POWER PLANT (GREECE) 1 ANCILLARY SERVICES SUPPLIED TO THE GRID:

More information

Secure, affordable and efficient electricity for business in Western Australia.

Secure, affordable and efficient electricity for business in Western Australia. Secure, affordable and efficient electricity for business in Western Australia. September 2012 Chamber of Commerce and Industry of Western Australia Contents Executive summary 3 Next steps for electricity

More information

Evaluation of Hawaii s Renewable Energy Policy and Procurement Final Report

Evaluation of Hawaii s Renewable Energy Policy and Procurement Final Report Evaluation of Hawaii s Renewable Energy Policy and Procurement Final Report January 2014 Revision Evaluation of Hawaii s Renewable Energy Policy and Procurement Final Report January 2014 Revision 2014

More information

Vattenfall Q2 2013 results

Vattenfall Q2 2013 results Vattenfall Q2 2013 results Øystein Løseth, CEO and Ingrid Bonde, CFO Conference call for analysts and investors, 23 July 2013 Q2 Highlights Impairment charges on thermal assets and goodwill amounting to

More information

Implications of Carbon Cap-and-Trade for Electricity Rate Design, with Examples from Florida. Hethie Parmesano and Theodore J.

Implications of Carbon Cap-and-Trade for Electricity Rate Design, with Examples from Florida. Hethie Parmesano and Theodore J. Implications of Carbon Cap-and-Trade for Electricity Rate Design, with Examples from Florida Hethie Parmesano and Theodore J. Kury Hethie Parmesano is a Special Consultant with NERA Economic Consulting

More information

Energy Situation in Egypt

Energy Situation in Egypt Energy Situation in Egypt Egypt has traditionally been a net exporter of energy. Until the late 1990s, it exported oil, but oil production has declined from its peak in the early 1990s, and now roughly

More information

Executive Summary 2003 NATURAL GAS INTEGRATED RESOURCE PLAN

Executive Summary 2003 NATURAL GAS INTEGRATED RESOURCE PLAN Executive Summary 2003 NATURAL GAS INTEGRATED RESOURCE PLAN i TABLE OF CONTENTS The Company...iii Avista Utilities and The Regions Served...iii Integrated Resource Planning...iv Natural Gas Forecast...

More information

TVA s Environmental & Energy Future. March 2011

TVA s Environmental & Energy Future. March 2011 Integrated Resource Plan TVA s Environmental & Energy Future March 2011 Message from the CEO TVA operates one of the largest power systems in the United States. With a generating capacity of more than

More information

SaskPower 2014, 2015, 2016 Rate Application. October 2013

SaskPower 2014, 2015, 2016 Rate Application. October 2013 SaskPower 2014, 2015, 2016 Rate Application October 2013 Contents 1.0 Executive Summary... 3 2.0 Background... 6 2.1 SaskPower Overview... 6 2.2 SaskPower Outlook... 9 2.3 Competitiveness... 11 2.4 Productivity...

More information

CAPACITY MECHANISMS IN EU POWER MARKETS

CAPACITY MECHANISMS IN EU POWER MARKETS CAPACITY MECHANISMS IN EU POWER MARKETS Can we progress to bilateral energy options? Simon Bradbury Ultimately, European renewable targets mean that prices and dispatch patterns will be dictated by wind

More information

Electricity deregulation in Israel: Is it likely to succeed?

Electricity deregulation in Israel: Is it likely to succeed? Electricity deregulation in Israel: Is it likely to succeed? Asher Tishler Faculty of Management, Tel Aviv University, Israel Chi-Keung Woo Energy and Environmental Economics, Inc. (E3) San Francisco,

More information

Economic Analysis of Ohio s Renewable and Energy Efficiency Standards

Economic Analysis of Ohio s Renewable and Energy Efficiency Standards Economic Analysis of Ohio s Renewable and Energy Efficiency Standards Ohio State Researchers Find Ohio s Renewable and Energy Efficiency Standards Have Saved Ratepayers 1.4% Since Inception, and Weakening

More information

SUMMARY OF KEY FINDINGS

SUMMARY OF KEY FINDINGS Sixth Northwest Conservation and Electric Power Plan Chapter 3: Electricity Demand Forecast Summary of Key Findings... 1 Introduction... 2 Historic Demand Growth... 2 Demand Forecast...4 Demand Forecast

More information

Small-scale electricity generation is expected to play an important role in helping meet the target.

Small-scale electricity generation is expected to play an important role in helping meet the target. The UK has a challenging EU target to meet 15% of energy demand from renewables by 2020. Official projections suggest around 30% of our electricity must be from renewables by that year if this target is

More information

ELECTRICITY PRICES - HOW WILL CONSUMERS MANAGE?

ELECTRICITY PRICES - HOW WILL CONSUMERS MANAGE? ROUNDTABLE SERIES 2012: Session # 1 ELECTRICITY PRICES - HOW WILL CONSUMERS MANAGE? June 4, 2012, Heaslip House Centre for Urban Energy Ryerson University Jim MacDougall Research Fellow Table of Contents

More information

Fiscal Pulse Nathan Joshua (416) 866-5338 nathan_joshua@scotiacapital.com

Fiscal Pulse Nathan Joshua (416) 866-5338 nathan_joshua@scotiacapital.com Mary Webb (416) 866-42 mary_webb@scotiacapital.com Nathan Joshua (416) 866-5338 nathan_joshua@scotiacapital.com FY11-12 Highlights Budget Highlights British Columbia With the governing Liberal Party selecting

More information

Entergy New Orleans 2012 IRP 2013 Public Q&A

Entergy New Orleans 2012 IRP 2013 Public Q&A Procedural Questions 1) Are comments as well as questions accepted online? a. Yes. As stated at the February technical conference, ENO has accepted both questions and comments specifically related to the

More information

Solar thermal power plants are technologically wellunderstood and have the potential for large-scale electricity generation!

Solar thermal power plants are technologically wellunderstood and have the potential for large-scale electricity generation! Solar thermal power plants are technologically wellunderstood and have the potential for large-scale electricity generation!"# $#%&'$# ()*#+ ,'$#-./.0%#.('1)2)34%5*%"*.67%$%899%:,%*)2$0%;2$1#%&5#'%#'.0

More information

POLICY BRIEF: Renewable Energy and the Carbon Price Brief prepared for WWF- Australia

POLICY BRIEF: Renewable Energy and the Carbon Price Brief prepared for WWF- Australia REPUTEX ANALYTICS Brief prepared for WWF- REPORT SUMMARY This brief prepared by RepuTex and commissioned by WWF-, examines the relationship between the carbon price and renewable energy generation in.

More information

issue brief Colorado s Pathway to Cutting Carbon Pollution www.nrdc.org/policy www.facebook.com/nrdc.org www.twitter.com/nrdc

issue brief Colorado s Pathway to Cutting Carbon Pollution www.nrdc.org/policy www.facebook.com/nrdc.org www.twitter.com/nrdc issue brief Colorado s Pathway to Cutting Carbon Pollution The Clean Power Plan, finalized by the U.S. Environmental Protection Agency, is a game changer because it sets the first-ever limits on carbon

More information

APRIL 2014 ELECTRICITY PRICES AND NETWORK COSTS

APRIL 2014 ELECTRICITY PRICES AND NETWORK COSTS APRIL 2014 ELECTRICITY PRICES AND NETWORK COSTS 1 WHAT MAKES UP THE RETAIL ELECTRICITY BILL? Retail electricity bills are made up of a number of components: Wholesale costs reflecting electricity generation

More information

Forecast Scenarios MULTI-YEAR REVENUE AND EXPENDITURE PROJECTIONS. Five-Year Financial Plan

Forecast Scenarios MULTI-YEAR REVENUE AND EXPENDITURE PROJECTIONS. Five-Year Financial Plan MULTI-YEAR REVENUE AND EXPENDITURE PROJECTIONS Five-Year Financial Plan The City is in the process of developing a multi-year plan for financial sustainability to identify future expenditure needs and

More information

Impacts of AB 32 on California s electricity sector

Impacts of AB 32 on California s electricity sector Impacts of AB 32 on California s electricity sector Meredith Fowlie UC Berkeley and NBER fowlie@berkeley.edu Focus on the following.. What are modeling results telling us about how much of the emissions

More information

Indiana Electricity Projections: The 2013 Forecast

Indiana Electricity Projections: The 2013 Forecast Indiana Electricity Projections: The 2013 Forecast Prepared by: Timothy A. Phillips Marco A. Velastegui Douglas J. Gotham David G. Nderitu Paul V. Preckel Darla J. Mize State Utility Forecasting Group

More information

Electricity Demand Forecast: Do We Need the Power?

Electricity Demand Forecast: Do We Need the Power? Electricity Demand Forecast: Do We Need the Power? Department of Natural Resources November 2012 Key Findings Electricity demand is strongly linked to economic growth. Since 2002, Newfoundland and Labrador

More information

STORAGE IS THE FUTURE: MAKING THE MOST OF BATTERIES

STORAGE IS THE FUTURE: MAKING THE MOST OF BATTERIES STORAGE IS THE FUTURE: MAKING THE MOST OF BATTERIES Dr Jonathan Radcliffe, Senior Research Fellow And Policy Director Birmingham Energy Institute Value Of Energy Storage And Aggregation To UK Grid, 10

More information

ANNUAL SECTOR EVALUATION 2015. ENERGY December 2015

ANNUAL SECTOR EVALUATION 2015. ENERGY December 2015 ANNUAL SECTOR EVALUATION 2015 ENERGY December 2015 Executive Summary FMO has the ambition to become the leading impact investor in 2020 by doubling its impact and halving its footprint. FMO has chosen

More information

Fewer net errors and omissions, that is a new format of the balance of payments

Fewer net errors and omissions, that is a new format of the balance of payments Fewer net errors and omissions, that is a new format of the balance of payments The size of net errors and omissions in the balance of payments decreased from 4.4% to 2.3% of GDP. This resulted from data

More information

Comparison of Renewable Portfolio Standards (RPS) Programs in PJM States

Comparison of Renewable Portfolio Standards (RPS) Programs in PJM States Regulation or Legislation Geographic Eligibility Reporting Period Banking Credit Multipliers Technology - Specific (set asides) NJ MD DC PA DE HB 1308 / SB 869 (2004) Bill 15-747 (4/12/2005) SB 1030/Act

More information

State of Renewables. US and state-level renewable energy adoption rates: 2008-2013

State of Renewables. US and state-level renewable energy adoption rates: 2008-2013 US and state-level renewable energy adoption rates: 2008-2013 Elena M. Krieger, PhD Physicians, Scientists & Engineers for Healthy Energy January 2014 1 Introduction While the United States power sector

More information

«Money for Nothing. The invasion of Renewables» Structural changes in the Italian Power Market

«Money for Nothing. The invasion of Renewables» Structural changes in the Italian Power Market «Money for Nothing The invasion of Renewables» Structural changes in the Italian Power Market 21 January 214 FABRIZIO RINALDI Director Edison Trading Italian power prices remain high compared to Central

More information

Medium Term Risk Mitigation Plan (MTRM) for Electricity in South Africa 2010 to 2016

Medium Term Risk Mitigation Plan (MTRM) for Electricity in South Africa 2010 to 2016 Medium Term Risk Mitigation Plan (MTRM) for Electricity in South Africa to 6 Keeping the Lights on This is a National Plan and is an integral part of IRP. The plan deals with the anticipated electricity

More information

Nevada Net Energy Metering Impacts Evaluation. Prepared for: State of Nevada Public Utilities Commission

Nevada Net Energy Metering Impacts Evaluation. Prepared for: State of Nevada Public Utilities Commission Nevada Net Energy Metering Impacts Evaluation Prepared for: State of Nevada Public Utilities Commission July 2014 Nevada Net Energy Metering Impacts Evaluation Prepared for: State of Nevada Public Utilities

More information

California s Electricity Market. Overview

California s Electricity Market. Overview California s Electricity Market Law Seminar s International Tribal Energy and the California Market June 23, 2008 Denny Brown California Energy Commission Overview Role of the Energy Commission Electricity

More information

Impact of Renewable generation

Impact of Renewable generation Impact of Renewable generation Workshop Greenpeace - Terna "Power30" ROME, October15 th 2014 Index - Innovative Solutions Implemented - Main changes in the last years From liberalization to nowadays Investments

More information

NATIONAL ELECTRICITY FORECASTING REPORT FOR THE NATIONAL ELECTRICITY MARKET

NATIONAL ELECTRICITY FORECASTING REPORT FOR THE NATIONAL ELECTRICITY MARKET NATIONAL ELECTRICITY FORECASTING REPORT FOR THE NATIONAL ELECTRICITY MARKET Published: JUNE 2014 Copyright 2014. Australian Energy Market Operator Limited. The material in this publication may be used

More information

Foratom event 29 April 2015

Foratom event 29 April 2015 Foratom event 29 April 2015 New nuclear in the UK and Electricity Market Reform Colin Parker Head of European Liaison - EDF Energy 1 April 2015 EDF Energy plc. All rights reserved. EDF Energy A UK energy

More information

TABLE OF CONTENTS. 2014 Integrated Resource Plan

TABLE OF CONTENTS. 2014 Integrated Resource Plan TABLE OF CONTENTS 1. INTRODUCTION... 1 1.1. Background... 2 1.2. The IRP Process... 4 1.3. Basis of this IRP... 6 2. EXECUTIVE SUMMARY... 9 3. EXISTING SYSTEM... 11 3.1. Load Forecast... 11 3.2. Generation

More information

BC Hydro 2005 Integrated Electricity Plan Victoria Regional Workshop Final Meeting Notes

BC Hydro 2005 Integrated Electricity Plan Victoria Regional Workshop Final Meeting Notes Workshop Date and Location February 25, 2005 Holiday Inn, Topaz Room 3020 Blanshard Street, Victoria Attendees and Interests Name Bill Jackson Bruce McIldoon Michael D Antoni George O Briain Jake McAstocker

More information