Resource Adequacy Advisory Committee - Steering Committee
851 SW Sixth Ave, Suite 1100
Portland, OR 97204
January 23, 2018
9:00am - 12:00pm Pacific Time
Agenda:
9:00 – 9:15 Introductions and Schedule for the 2023 Adequacy Assessment
Presentation Materials for Morning
9:15 – 9:45 Major Changes to Resources and Loads
- Revised load model (STM with EE included in structural equations)
- Bigger temperature year range for loads and wind (1929-2016)
- Updated hydro constraints and revised Canadian operation
- Generating resource update
- Increased standby resource capability
- Updated Energy GPS report on SW surplus, for import assumptions
- Contracts – waiting for new submittals
9:45 – 10:15 Preliminary 2023 Results
- Effect of new load forecast
- Effect of temperature range
- Standard 77 years (1929-2005)
- Extended 88 years (1929-2016)
- Last 30 years (1987-2016)
- Capacity needed for adequacy
10:15 – 11:00 Major Policy Assumptions and Sensitivity Studies
- SW import assumptions
- Spot market availability and range for winter and summer
- Decrease spot market as surrogate for SW gas shortage?
- Increase summer spot market to reflect increased SW solar?
- Purchase ahead (light load hours only) availability
- Spot market availability and range for winter and summer
- High and low load forecasts
- Effects of inputting EE targets directly (instead of incorporating in loads)
- Other?
11:00 – 12:00 Considerations for a Revised Adequacy Standard for the PNW
- Proposed new metrics (frequency, duration and magnitude)
- Using the value of lost load to set adequacy thresholds
- Background paper
- Economics of Electricity Adequacy, T Karier
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