Electric Utility Resource Planning: Economics, Reliability, and Decision-Making

The 2nd edition of this book provides updated analyses and discussions of system economics to include solar and storage resource options versus the previously analyzed fossil-fueled generation and demand side management (DSM) resource options. It provides a step-by-step analysis approach to determine the amount of solar and storage needed by a utility to achieve zero or near-zero carbon emissions, discusses how the projected level of electric vehicles impacts those calculations, and presents a discussion of how the firm capacity of solar is calculated. It also provides a discussion and calculation methodology of how a utility can determine what firm capacity values should be assigned to batteries of different durations for use in system reliability and economic analyses. The book is written in language understandable to both the layman and the energy professional, with numerous figures and tables providing graphic and numerical calculation depictions of the issues discussed.

Format: Hardback
Length: 413 pages
Publication date: 14 October 2023
Publisher: Taylor & Francis Ltd

Here is the rephrased text:

The second edition of System Economics: Solar and Storage Resource Options for Power Systems provides an up-to-date analysis and discussion of system economics, encompassing solar and storage resource options in contrast to the previously analyzed fossil-fueled generation and demand side management (DSM) resource options. This comprehensive textbook offers a step-by-step analysis approach to determine the requisite amount of solar and storage needed by a utility to achieve zero or near-zero carbon emissions. Additionally, it delves into the impact of projected levels of electric vehicles (EVs) on these calculations.

The book begins by discussing how the firm capacity of solar is calculated based on a utility's Summer and Winter peak day load shapes, considering the evolution of these values over time. It then proceeds to explore a discussion and calculation methodology for determining the appropriate firm capacity values for batteries of varying durations, such as 2-hour, 4-hour, and more, for use in system reliability and economic analyses. These values are expected to change as technology advances and the energy landscape evolves.

Throughout the text, the authors maintain a clear and accessible writing style, making the content understandable to both laypersons and energy professionals. Numerous figures and tables are included to visually represent and quantify the topics discussed, enhancing the understanding of the subject matter.

The second edition of System Economics: Solar and Storage Resource Options for Power Systems is a valuable resource for students, researchers, and practitioners in the field of power systems, energy economics, and sustainability. It offers a comprehensive and up-to-date perspective on the integration of solar and storage resources into power systems, enabling readers to make informed decisions about the future of energy generation and distribution.

Weight: 453g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032294193
Edition number: 2 ed