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NARUC Summer Meeting. ENERGY RESOURCES & ENVIRONMENT COMMITTEE Marriott Marquis New York City July 16, 2007. Off-Peak Cooling with Thermal Energy Storage (TES).
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NARUC Summer Meeting ENERGY RESOURCES & ENVIRONMENT COMMITTEE Marriott Marquis New York City July 16, 2007 Off-Peak Cooling with Thermal Energy Storage (TES)
Off-Peak Cooling with Thermal Energy Storage (TES):An energy efficient technology to reduce peak electricity demand, operating costs, and NOx & CO2 emissions. • Moderator:The Hon. Clifton C. Below,New Hampshire Public Utilities Commission • Mark MacCracken,CEO, CALMAC Mfg. Corp. • Greg Tropsa, President, ICE-Energy, Inc. • Chris Smith, Peak Load Reduction Program Manager, NYSERDA (NY State Energy Research & Development Authority)
Load Factors (asset utilization rates) are declining ISO-NE Summer Peak Load FactorsHistory 1980-2006, Forecast 2007-2016 68% 60% 52% From ISO-NE, 2007 CELT (Capacity, Energy, Loads and Transmission) and RSP (Regional System Plan) Forecast CB p. 2
A large portion of peak demand (summer A/C driven) is for relatively few hours CB p. 3
Generation capacity to meet summer peaks is run (and paid for) for few hours CB p. 4
Even on the hottest and highest peak days, demand (and prices) drop at night Record Peak CB p. 5
Daily temperature NOx Emissions and High Electricity Demand Days (HEDD)
High Electricity Demand Days:The Environmental Opportunity • Seasonal or annual NOx trading control programs do not address the problem • Demand for electricity is increasing and the increase in the peak is growing faster than the base: • PJM Interconnection: consumer peak demand for electricity will rise ~ 1.6% annually over the next decade. • NE ISO: peak demand will rise ~2.4% annually. • NYISO: relies heavily on many combustion turbines to maintain NYC grid. →Reductions of NOx on peak days will provide significant ozone reduction benefit