Meeting Minutes from this meeting as of 09/10/2013
Join by GotoMeeting or call 800.786.1922, code 77793822#
Relevant materials:
- Instructions for use of RPM conservation model (Excel)
- Presentation Deck Updated 8-21-13
- RPM Conservation Documentation
- Notes from November 2012 Meeting
Agenda
9:30 AM – Welcome and Introductions – Tom Eckman and Charlie Grist
- Purpose and Role of CRAC
- Review Minutes from November 19, 2012 CRAC Meeting
9:45 AM – Review & Discussion of Draft CRAC Work Scope & Schedule
- Seventh Plan development timeline
- Major technical elements for CRAC review (tentative, pending CRAC review)
- Conservation resource cost-effectiveness inputs
- Impact on remaining technical and achievable potential
- Past programs
- State codes and federal standards
- Market trends, baseline forecast, stock turnover assumptions
- Emerging technology
- Conservation resource development assumptions
- Ramp rates
- Maximum achievable potential (5 year & 20 year)
- Conservation development decision rules in portfolio modeling
- Seventh Plan energy efficiency action items
10:45 AM – Review and Discussion of Lessons Learned from Sixth Plan Resource Analysis
- Factors affecting conservation resource development
- Size & shape of lost-opportunity and non-lost opportunity supply curves
- Wholesale market prices
- Carbon cost/risk
- Load growth
- Acquisition ramp rate assumptions
- Sensitivity analysis
- Uncertainty analysis
- Market price adder for cost-effectiveness - how it operates as a decision rule
11:45 AM – Lunch (On Your Own)
1:15 PM – Review Sixth Plan Conservation Resource Development Model Decision Rules
- Modeling perceived avoided cost by using short-run “rolling average” market price
- Non-lost opportunity ramp rate constraints
- Modeling “sticky-downward” limits on lost-opportunity resource development
- Modeling the ten percent Regional Act credit for conservation
- Modeling capacity value - Shape of the energy savings
- Sampling the Non-Lost-Opportunity Supply Curve
- Exploring the constituent elements of the market price adder for cost-effectiveness to minimize the under- and over-development of conservation
- Identifying high-priority technical analyses or sensitivity studies for Seventh Plan
2:45 PM – Roundtable Discussion and Prioritization of Energy Efficiency Policy Issues
- Should the Seventh Plan have a conservation target?
- If so, should the target have a range? What does a range mean?
- What is the role of a Plan target relative Bonneville?
- Business case for energy efficiency
- Regulatory issues (decoupling, lost revenue recovery, etc.)
- Application of TRC and UCT/PAC tests
- Impact on cost-effectiveness and supply curves
- Measure, program and/portfolio cost-effectiveness
- Should achievable fraction be limited by utility willingness to pay?
- Implications of potential changes in Council methodology for Washington I-937
- Does EE reduce RPS requirements? Should EE substitute for RPS?
- Others Identified by CRAC
3:30 – Adjourn
Event contact: Chad Madron