🎤 Xcelerate Nashville 2023 - John Ollis, NW Power & Conservation Council
When using Aurora capital expansion to build out to meet planning reserve margins, there seems to be a threshold at which simulations will build enough non-emitting resources to meet policies but upon validation the not enough clean energy is delivered to load due system constraints. To counteract this effect, meet reserves, adhere to transmission limitations and unit commitment requirements, a negative price premium can be used to ensure the annual energy produced from non-emitting resources meets the policy constraints. The presentation will describe an iterative methodology of using Aurora to extract a price premium and use it to encourage operations that will result in resource buildout strategies that meet policies.
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