1 / 31

Design and Integration in Renewable Energy Technology Placement

Design and Integration in Renewable Energy Technology Placement. Daniel J. Packey, Ph.D. Head of the Department of Mineral and Energy Economics Curtin Graduate School of Business Curtin University. The Players. Regulators/Politicians Utility Executives RET Builders/Engineers Consumers.

nodin
Download Presentation

Design and Integration in Renewable Energy Technology Placement

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Design and Integration in Renewable Energy Technology Placement Daniel J. Packey, Ph.D. Head of the Department of Mineral and Energy Economics Curtin Graduate School of Business Curtin University

  2. The Players Regulators/Politicians Utility Executives RET Builders/Engineers Consumers

  3. Politicians Get re-elected Do some good Little or No Formal Economic Training Conflicting Arbitrary Decisions Appeal to the voters Budget

  4. Utility Executives Follow Laws and Regulations Stable System Meet Demand Minimize Rate Increases

  5. Regulatory Response Do what they require; When they cease requiring it - Stop

  6. Standard Monopsony Model Additional Value Captured by Utility Marginal Input Cost $ Supply P2 P1 Demand Q Q1

  7. Ret Builders/Engineers Optimize the Resource Increase the Installation Utilize the Situation

  8. Siting - Example Wind Specific Wind Power equals ½ density of air times the cube of the velocity of air Wind Power equals the specific wind power times the swept area Velocity is Important an increase from 3.5 to 4.0 m/s is an increase of 14% but corresponds to an increase of 49% in power Terrain – smooth 0.08-0.12, moderate 0.13-0.16, rough 0.2-0.23, very rough 0.25-.04

  9. Wind Siting Issues Nearness of isolated barriers Choose cliffs where wind is perpendicular to site Valleys with narrow sectors (venturi effects) Passes and saddles Mine effect of temperature inversion (i.e. height needs to be at least 20 meters above the ground)

  10. What’s Missing? Mention of Market Factors

  11. Why Not? Incomplete Characterization of Resource, Subsidies, Feed-In Tariffs and Costs. Governmental Requirements and Direct Intervention Non-Market Sustainable

  12. How Do We Make It Market Sustainable? Treat it like a technology with some desirable properties and not like a religion

  13. Placement Design and Integration Issues Output Quality, Load Characteristics Proper Compensation

  14. Resource Quality Issues Solar Radiation Wind Speed and Variability Biomass Availability Water Temperature and Pressure Water Flow Rate and Volume Wave Height and Frequency

  15. Load Characteristics For Electricity Producing Technologies Energy Coincident Load Peak

  16. Proper Valuation/Compensation Energy Coincident Peak Power Quality Line Losses Voltage Control Phase Effects

  17. Renewable Energy Technologies The Raw Energy Input is Free but the Production Costs are NOT! Proper Resource Base Proper Placement and Timing Proper Compensation You need all three for a successful market sustainable project

  18. The End

More Related