A flexible framework for capacity investment planning and. Implications of model structure and detail for utility. Jul 31, 2010 least cost electric utility planning by harry g. Estimating the economically optimal planning reserve margin page 4 2 background 2. This report is focused on the class of models used by utility planners and is intended to inform model design and selection within this model class. Abstract leastcost planning is transforming the planning process traditionally used in the electric utility industry. This introduction describes the organization and methodology of the bibliography. Users input load forecast, costs and characteristics of existing and potential resources, purchase power contracts, and. Jan 07, 2016 pdf download leastcost electric utility planning download full ebook.
Sep 24, 2018 increasing computational power is giving utilities the ability to incorporate uncertainty into modeling, which is helping shift the focus of resource planning from a simple least cost framework to. In furtherance of that responsibility, each electric utility must develop an integrated resource plan. About 17 states have adopted lcup strategies, while leastcost planning approaches are under development in another 20 states. Misconceptions regarding the definition of a least cost plan, the existence of a global optimum solution, the ability to. Utilities must provide commerce with a summary of estimated future resource needs ten years forward. The role of mainframe computer models in leastcost utility planning chris pignone, joe eto, ed kahn lawrence berkeley laboratory. Seven sections address economics, finance, and regulation. Automates the classical planning method, and evaluate all possible combinations of resources plans to reach the optimal, leastcost plan 2. However, it is more comprehensive in that it looks at not only the. Assessing the risk of utility investments in a leastcost. During the last years, an increasing number of utilities in several european countries, e. Presents all the key elements and tools necessary to plan and operate efficient electric utility power systems. Geospatial planning is an effective tool for such highlevel planning.
The utility industry set out to develop a process designed to maximize efficiency while lowering electrical costs to the customer. Utility planning approaches and requirements description some public utility commissions require utilities to conduct portfolio management or integrated resource planning irp to ensure the supply of least cost and stable electric service to customers over the long term. Automates the classical planning method, and evaluate all possible combinations of resources plans to reach the optimal, least cost plan 2. Integrated resource planning and state requirements for planning resulted. Currently, seventeen states require least cost planning in the utility sector. Utility resource plans washington state department of commerce. Least cost integrated planning a1 a least cost integrated plan for a regulated electric or gas utility is a plan for meeting the publics. Leastcost utility planning, a handbook for public utility. Increasing computational power is giving utilities the ability to incorporate uncertainty into modeling, which is helping shift the focus of resource planning from a simple leastcost framework to.
Electric utility leastcost planning making it work within. Least cost principles and electricity planning for karnataka. The essence of least cost planning is that in some circumstances it is more profitable for a utility to encourage its customers to use less electric powerwater gas. To aid the user who may be unfamiliar with this field, these remarks also survey the factual back ground underlying the issues in each subsection of the bibliog. Very recently, in addition to more rigorous economic modeling, there has been a new interest in modeling many indirect and external effects of energy decision making. Leastcost electric utility planning by harry g stoll. Leastcost electric utility planning edition 1 by harry g. The need for such an exercise in karnataka is somewhat ironical because within india, the. Title, leastcost electric utility planning, authors, harry g. Pdf download leastcost electric utility planning download full. Electric utility leastcost planning making it work within a.
Presentation description doe power sector modeling 101 with increased energy planning needs and new regulations, environmental agencies, state energy offices and others have expressed more of an interest in electric power sector models, both for a interpreting the results and potential applications of modeling from other groups, and b. Leastcost electric utility planning philadelphia university. This trend is emerging with the advent of least cost utility planning lcup, because so much attention is being focused on definitions of cost. Utility resource plans washington state department of.
Leastcost electric utility planning stoll, harry g. Least cost planning is a process that was developed by the electric utility industry. To begin to build this knowledge, utility staff expressed interest in one effort. In response, utility planners started scrutinizing energy demand and consumption, resource selection, and associated risks. But in the past, many of these least cost resource plans exclusively considered procurement of supplyside resources. Montanas conservation and least cost planning advisory committee in october 1990 issued its report and. Regulators have traditionally required extensive economic analyses when public utilities have requested rate hikes, additional generating capacity, expanded. For example, pln, the national power utility, has achieved. This can be achieved by installing smart meters alongside a communication infrastructure. Misconceptions regarding the definition of a least cost plan, the existence of a global optimum solution, the ability to identify all feasible alternatives versus local optimal solutions, and the specification of the. However, it is more comprehensive in that it looks at not only the total costs and total benefits for an.
Decisions regarding electric utility resource expansion take into account uncertainties associated with several parameters. Munasinghethe economics of power system reliability and planning. Download leastcost electric utility planning read online. Treatment of solar generation in electric utility resource. Leastcost planning methodology lcpm, also referred to as leastcost planning lcp is a relatively new technique used by economists for making rational decisions about investments in transport and other urban infrastructure projects it is based on costbenefit analysis. Leastcost electric utility planning edition 1 by harry. Portfolio management refers to energy resource planning that. Owns andor operates facilities for provision of a service directly related to electric energy provision transmission providers fall into the following categories. Lcup results in a leastcostplan for the company consisting of a pol. These developments represent a trend toward greater regulatory and public participation in resource planning.
For utility commissions with a least cost planning framework, the key questions become 1 how uncertain cost estimates are for future investments degree of uncertainty and 2 what risk do different options create for customers. Leastcost utility planning, a handbook for public utility commissioners volume 1. In these areas, planning based on grid extensions alone works well. As compared to the traditional planning process, leastcost planning broadens the participation by multiple parties and widens the range of the planning options that are assessed. Its integrative nature opens consideration of multiple planning objectives such as social. Home least cost electric utility planning information. Currently, seventeen states require leastcost planning in the utility sector. To define the leastcost investment program for the development of djiboutis electric generation, transmission and distribution system for the next 25 years, particularly taking into consideration the countrys resources and recent economic and sector. Leastcost electric utility planning by harry g stoll alibris. A range of planning scenarios is established, developed and modeled through the work of a.
Leastcost planning procedures for electric utilities certificate of service. Abstract least cost planning is transforming the planning process traditionally used in the electric utility industry. Least cost planning procedures for electric utilities certificate of service. A guide to electric sector modeling tools synapse energy. The electric utility industry has traditionally focused on peak demand because. Irp filings shall containthe suppliers or producers program for meeting the requirements shown in its forecast in an economic and reliable manner. Some experts have suggested that utilities and utility commissions move from a leastcost decision.
Pdf download leastcost electric utility planning pdf online. Leastcost planning involves consistent assessment of various demand and supply resources. Electric utility privatelyheld company, government agency, publicly owned body, or other entity that meets three specific criteria. Leastcost electric utility planning edition 1 available in paperback. Pdf download leastcost electric utility planning download full ebook. They must make them available to the public every two years. Pdf download leastcost electric utility planning download. Each electric utility regulated by the commission has the responsibility to meet its system demand with a least cost mix of energy supply resources and conservation.
Leastcost energy strategies for power system expansion. Least cost electric utility planning stoll, harry g garver, leonard j. Buy leastcost electric utility planning by harry g stoll online at alibris. Not only predesigned electric grids can be smart grids, any normal electric grid can become a smart one if the twoway communication system between the user and the utility is established. Download leastcost electric utility planning pdf book free. Leastcost electric utility planning 1989 edition open. The lowest marginal cost plants are often the most fuel efficient. An introduction to electric power transmission presentation. Some experts have suggested that utilities and utility commissions move from a least cost decision. Download product flyer is to download pdf in new tab. In densely populated areas, gridbased electrification will likely be the cheapest option for most households. Least cost electric utility planning stoll, harry g. Integrated distribution planning for electric utilities.
In addition, under a least cost energy strategy, the reliability of electricity supply is determined on an economically optimal basis. For utility commissions with a leastcostplanning framework, the key questions become 1 how uncertain cost estimates are for future investments degree of uncertainty and 2 what risk do different options create for customers. Least cost utility planning, a handbook for public utility. Least cost utility planning, a handbook for public utility commissioners volume 1. Presents all the key elements and tools necessary to. Sorry, we are unable to provide the full text but you may find it at the following locations.
Need stronger resiliency analysis whitepaper introduction. Fundamentally, idp is designed to ensure that investments in the utility distribution system ensure reliability, are built to be resilient, and employ leastcost options. Leastcost utility planning and demandside management. Least cost electric utility planning edition 1 available in paperback. Buy least cost electric utility planning by harry g stoll online at alibris. Leastcost integrated resource and electricity supply. As reports of unusual cold fronts, wildfires, and floods continue to make news around the country, local and regional electric utilities are again compelled to consider the resilience of electric power grids in the. As compared to the traditional planning process, least cost planning broadens the participation by multiple parties and widens the range of the planning options that are assessed. Users input load forecast, costs and characteristics of existing and potential resources, purchase power contracts, and all future potential planning options. Many other states are establishing similar planning procedures an regulations. Fundamentally, idp is designed to ensure that investments in the utility distribution system ensure reliability, are built to be resilient, and employ least cost options. But in the past, many of these leastcost resource plans exclusively considered procurement of supplyside resources. In particular, we present modeling issues relevant to utility planning tools. Ie introduction leastcostutility planning lcup is an integrated approach to demandsideand supply side electric utility planning.
Leastcost planning methodology lcpm, also referred to as leastcost planning lcp is a relatively new technique used by economists for making rational decisions about investments in transport and other urban infrastructure projects. Harry g stoll presents all the key elements and tools necessary to plan and operate efficient electric utility power systems. This paper applies least cost planning principles to karnataka to determine whether there are less expensive ways of meeting the current and future demand for electricity. Energyconservation programs are an example of this.
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