Dumping Energy: Renewable Energy, Cost-Effective Curtailment and Remediating Negative Pricing Conditions

July 11, 2018

July 12, 2018

0:00 To 0:00

Marriott Minneapolis City Center 30 South 7th Street Minneapolis, MN 55402

https://www.euci.com/event_post/0718-energy-curtailment/

$1495

1.303.770.8800

Event Description

The “surplus” generation of renewable energy resources — wind, solar and in some cases, hydro — that exceeds the ability of the power system to deploy the energy available, is increasingly resulting in incidences of curtailment.  These episodes of “turning off the spigot” can be the source of great consternation among project developers, utilities and renewable resource advocates.

Rejection of available renewable energy is counterintuitive.  In the face of vigorous de-carbonization efforts, expanding renewable portfolio mandates, tax and other incentives to stimulate greater renewable energy production, why would “free, clean and green” fuel-sourced power be dismissed at certain times?  This seeming contradiction is present where renewable and distributed energy resources proliferate in a few areas of North America today; tomorrow, it is likely to be widespread.

The problem remains that when more renewable energy is available than can be absorbed by the system, grid stability suffers and real-time market performance erodes.  These system conflicts can be reduced through other measures, such as transmission capacity expansion, market enlargement, storage, and flexibility improvements in baseload generation resources. At present, though, these options are either jurisdictionally, technically or economically infeasible.  That leaves curtailment as one of the few, remaining, plausible methods for shedding this orphan power.

This program will examine the power system issues associated with renewable energy over-production relative to load and system capacity.  It will review what tools are available to minimize these impacts, devoting particular attention to curtailment.  The symposium will also consider ways that curtailment is being addressed today, how market and bilateral transactions are adapting compensation to accommodate curtailment, case studies of active network management of curtailment in the U.S. and Europe, and how renewable energy goals are achievable if curtailment is deployed.

Learning Outcomes

  • Discuss challenges associated with “surplus” renewable energy on the grid
  • Review economic and financial impacts of variable renewable energy on wholesale power markets
  • Evaluate options to address “surplus” renewable energy output
  • Examine optimization of economic outcomes through curtailment
  • Assess examples of active network management of renewable energy generation
  • Analyze whether overbuilding capacity and curtailing excess production can still result in renewable energy goals attainment
  • Discuss adapting market compensation to accommodate curtailment
  • Identify negative pricing patterns in wholesale energy markets
  • Discuss case studies of market participants favored and dis-favored by negative pricing
  • Assess project developer perspectives of negative pricing and possible remedies

Organizers

EUCI

4601 DTC Blvd. Suite 800 Denver, CO 80237

https://www.euci.com/event_post/0718-energy-curtailment/

About the Organizers

EUCI is a family-operated company founded nearly 30 years ago and headquartered in beautiful Denver, Colorado. It was started by a woman trying to fill an educational gap (or void) in the marketplace and has grown to include over 20 employees providing conferences and courses all over North America.

We have a passion for delving into, exploring and helping shape the industries we work with.  We offer effective solutions and seek to help industry professionals make informed, intelligent decisions to strategically improve their position in today’s challenging and evolving business environment.  We are focused on providing in-depth programming and education for our attendees and handle all aspects of our events – from researching topics and finding the right experts, to logistics and on-site planning and execution, EUCI leads the way in producing the highest quality conferences, seminars, workshops, and courses.

What does EUCI stand for?

It originally was the acronym for Electric Utility Consultants, Inc. but as our company has grown we have expanded our reach and now include the Oil & Gas Industry, Renewable Energy, Water/Wastewater, as well as Emerging Technologies and we continue to grow into new fields.

Our Mission

Our mission is to provide an objective, independent perspective on new and emerging practices from across industries (Electric, Oil & Gas, Water/Wastewater and more) by offering quality professional development opportunities that encourage dialog and help spread best practices.

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