2020 Report to the 21St Century Energy Policy Development Task Force

Total Page:16

File Type:pdf, Size:1020Kb

2020 Report to the 21St Century Energy Policy Development Task Force 2020 Report to the 21st Century Energy Policy Development Task Force Indiana Utility Regulatory Commission August 14, 2020 ACKNOWLEDGEMENTS Following the passage of House Enrolled Act 1278 (2019), the Commission contracted with three organizations to assist in its study for the 21st Century Energy Policy Development Task Force. These three entities included: the State Utility Forecasting Group (SUFG), Lawrence Berkeley National Laboratory (LBNL), and Indiana University Public Policy Institute. The Commission is grateful for the work of the researchers at each organization for their work over the last several months on this initiative. Specifically, the Commission would like to thank the following: Indiana University Tom Guevara, Director, Public Policy Institute Tim Slaper, Co-director, Indiana Business Research Center Sanya Carley, Professor, O’Neill School of Public and Environmental Affairs Matt Kinghorn, Senior Demographic Analyst, Indiana Business Research Center Drew Klacik, Senior Policy Analyst, Public Policy Institute Jamie Palmer, Senior Policy Analyst, Public Policy Institute Kevin Martyn, Visiting Lecturer, O’Neill School of Public and Environmental Affairs Madeline Mohrman, Research Assistant, O’Neill School of Public and Environmental Affairs Claire Williamson, Research Assistant, O’Neill School of Public and Environmental Affairs State Utility Forecasting Group (SUFG) Dr. Doug Gotham Tim Phillips Marco Velastegui Fang Wu Liwei Lu David Nderitu Lawrence Berkeley National Laboratory (LBNL)1 Juan Pablo Carvallo Joscha Mueller Christoph Gehbauer Peter H. Larsen Myles T. Collins Stephanie Bieler In addition to the experts at the aforementioned organizations, the Commission also recognizes and appreciates the time taken by the external stakeholders in providing feedback, comments, and guidance on the issues at hand. 1 Mr. Collins and Ms. Bieler are part of Nexant, Inc., which LBNL enlisted to help prepare their analysis. ii On Aug. 22, 2019, the Commission hosted a stakeholder meeting, where Commission staff outlined the overall study requirements, and discussed scenario and sensitivity analysis. Dr. Doug Gotham from the SUFG also led a discussion regarding the group’s modeling system. Following the stakeholder meeting, there was a public comment period, and the Commission asked for any feedback or comments regarding the study. The Commission received comments from the following groups: Alliance for Industrial Efficiency; Clean Grid Alliance; Citizens Action Coalition of Indiana; Duke Energy Indiana, LLC; Indiana Coal Council, Inc.; Indiana Energy Association; Indiana Industrial Energy Consumers, Inc.; Indiana Michigan Power Company; Indiana Office of Utility Consumer Counselor ; Indianapolis Power & Light Company; Midwest Cogeneration Association; Northern Indiana Public Service Company, LLC ; and Vectren Energy Delivery. In early 2020, the Commission also posted the methodologies from each of the three groups - SUFG, LBNL and IU - and requested stakeholders to review these methodologies and provide any relevant feedback. The Commission received comments from the following groups: Citizens Action Coalition of Indiana; City Utilities of Fort Wayne; Clean Grid Alliance; Duke Energy Indiana, LLC; Indiana Electric Cooperatives; Indiana Industrial Energy Consumers, Inc.; Indiana Michigan Power Company; Indiana Office of Utility Consumer Counselor ; Indiana State Conference of the NAACP; Indianapolis Power & Light Company; Joint Comments from Citizens Action Coalition of Indiana, Hoosier Environmental Council, Energy Matters Community Coalition, Solarize Indiana, Solar United Neighbors of Indiana, Valley Watch, Hoosier Interfaith Power & Light, Indiana Distributed Energy Alliance, Sierra Club Beyond Coal, Carmel Green Initiative, and Earth Charter Indiana; Joint Comments from Midwest Cogeneration Association, Heat is Power Association, and the Combined Heat & Power Alliance; Northern Indiana Public Service Company, LLC; and Sierra Club. iii TABLE OF CONTENTS I. EXECUTIVE SUMMARY.............................................................................................................................. vi Assigned Task and Background ............................................................................................................................ vi Reliability and Resilience ....................................................................................................................................... vii State and Commission Oversight of Utility Resource Decisions ........................................................... viii II. EVOLVING UTILITY RESOURCE PORTFOLIOS ................................................................................... 1 Changing Resource Portfolio of Electric Industry .......................................................................................... 1 Utility IRP Projected Changes in Resource Portfolio .................................................................................... 6 A Statewide Perspective ......................................................................................................................................... 18 Interpretation of IRP Results and Trends........................................................................................................ 19 III. EVALUATION OF RELIABILITY, RESILIENCE, AND COST EFFECTIVENESS OF RESOURCE PORTFOLIOS IN INDIANA ...................................................................................................................... 20 What are Reliability and Resilience? ................................................................................................................. 20 Responsibility for Reliability and Resilience at the Lowest Reasonable Cost .................................. 21 Integrated Resource Planning – Evaluates Reliability, Resilience, and Cost-Effectiveness ........ 22 Coordination of Transmission Planning with IRPs ...................................................................................... 24 IV. SUMMARY OF THE STATE UTILITY FORECASTING GROUP’S LONG-TERM RESOURCE ANALYSIS..................................................................................................................................................... 27 Methodology and Scenario Evaluation Results ............................................................................................. 27 General Results of SUFG Analysis ....................................................................................................................... 38 The SUFG Study Limitations on Evaluating Reliability and Resilience. .............................................. 39 Commission Observations and Conclusions ................................................................................................... 39 V. RTO ROLE IN THE PROVISION OF RELIABLE AND RESILIENT ELECTRIC SERVICE AT LOWEST DELIVERED COST ................................................................................................................... 42 Activities that Enhance System Reliability ...................................................................................................... 43 Resource Adequacy in an RTO Environment ................................................................................................. 44 Resource Acquisition in RTOs .............................................................................................................................. 45 RTO Transmission Planning Processes ............................................................................................................ 46 Changes in Resource Portfolios Make Transmission Planning More Important............................. 48 Other Processes to Evaluate a Changing Portfolio and Transmission Planning.............................. 48 Commission Observations and Conclusions ................................................................................................... 49 VI. LBNL SUMMARY ........................................................................................................................................ 50 Introduction ................................................................................................................................................................. 50 Study Methodology ................................................................................................................................................... 50 Potential Economic Impact – Empirical Results ........................................................................................... 55 iv Potential Impacts on Distribution System – Empirical Results .............................................................. 56 Potential Impacts of Battery Storage – Empirical Results ........................................................................ 57 Commission Observations and Conclusions ................................................................................................... 60 VII. ECONOMIC, FISCAL, AND SOCIAL IMPACTS OF THE TRANSITION OF ELECTRICITY GENERATION RESOURCES IN INDIANA ............................................................................................ 62 Summary of Economic Impacts ........................................................................................................................... 62 Employment Impacts of Near-term Solar, Wind, and Natural Gas Generation Investments in Indiana ..........................................................................................................................................................................
Recommended publications
  • Alexander Livnat, Ph.D. 12/18/2014 This Is the Second out of Five
    Alexander Livnat, Ph.D. 12/18/2014 This is the second out of five volumes describing EPA’s current state of knowledge of CCR damage cases. This volume comprises 42 damage case-specific modules. Each module contains background information on the host power plant, type and design of the CCR management unit(s), their hydrogeologic setting and status of groundwater monitoring system, evidence for impact, regulatory actions pursued by the state and remedial measures taken, litigation, and rationale for the site’s current designation as a potential damage case in reference to pre-existing screenings. Ample footnotes and a list of references provide links to sources of information. IIa. CCR Damage Case Reassessment December 2014 IIa. Coal Combustion Residuals Potential Damage Cases (Reassessed, Formerly Published); (Cases PTa01 to PTa42) 1 IIa. CCR Damage Case Reassessment December 2014 TABLE OF CONTENTS PTa01. TVA Colbert Fossil Fuel Plant, Colbert County, Alabama ............................................................. 4 PTa02. TVA Widows Creek Steam Fossil Fuel Plant, Stevenson, Jackson County, Alabama ................. 10 PTa03. Arizona Public Service Co. Cholla Steam Electric Generating Station, Navajo County, Arizona 14 PTa04. Florida Power & Light Lansing Smith Plant, Bay County, Florida .............................................. 18 PTa05. Ameren (formerly: Central Illinois Light Co.) Duck Creek Station, Canton, Fulton County, Illinois ........................................................................................................................................................
    [Show full text]
  • Inspectors Special Assignment Sources [PDF]
    INDIANA DEPARTMENT OF ENVIRONMENTAL MANAGEMENT Last Updated 11/17/2020 Inspectors' Specialty Assignment Sources Plant ID County Plant Name City Specialty Inspector 003-00013 Allen Rea Magnet Wire Co, Inc Fort Wayne Patrick Burton 003-00036 Allen General Motors LLC Fort Wayne Assembly Roanoke Patrick Burton 003-00269 Allen Essex Group LLC Fort Wayne Patrick Burton 005-00015 Bartholomew Cummins Engine Plant Columbus Vaughn Ison 005-00040 Bartholomew Toyota Material Handling Incorporated Columbus Vaughn Ison 005-00047 Bartholomew Cummins Engine Co - Midrange Engine Plant Columbus Vaughn Ison 005-00066 Bartholomew NTN Driveshaft, Inc Columbus Vaughn Ison 017-00005 Cass Lehigh Cement Company LLC Logansport Patrick Austin 017-00027 Cass A. Raymond Tinnerman Automotive Incorporated Logansport Rebecca Hayes 019-00008 Clark Lehigh Cement Company LLC Speed Patrick Austin 027-00046 Davieess Grain Processing Corporation Washington Tammy Haug 033-00023 DeKalb Rieke Packaging Systems Auburn Ling Tapp 033-00043 DeKalb Steel Dynamics, Inc - Flat Roll Group - Butler Division Butler Kurt Graham 033-00076 DeKalb Steel Dynamics, Inc - Iron Dynamics Division Butler Kurt Graham 035-00028 Delaware Exide Technologies Muncie Christopher Cissell 039-00115 Elkhart Manchester Tank & Equipment Elkhart Paul Karkiewicz 043-00004 Floyd Duke Energy Indiana, LLC - Gallagher Generating Station New Albany Patrick Austin 045-00011 Fountain MasterGuard Corporation Veedersburg Rebecca Hayes 049-00023 Fulton CamCar, LLC Rochester Rick Reynolds 051-00013 Gibson Duke Energy Indiana,
    [Show full text]
  • Power Plants and Mercury Pollution Across the Country
    September 2005 Power Plants and Mercury Pollution Across the Country NCPIRG Education Fund Made in the U.S.A. Power Plants and Mercury Pollution Across the Country September 2005 NCPIRG Education Fund Acknowledgements Written by Supryia Ray, Clean Air Advocate with NCPIRG Education Fund. © 2005, NCPIRG Education Fund The author would like to thank Alison Cassady, Research Director at NCPIRG Education Fund, and Emily Figdor, Clean Air Advocate at NCPIRG Education Fund, for their assistance with this report. To obtain a copy of this report, visit our website or contact us at: NCPIRG Education Fund 112 S. Blount St, Ste 102 Raleigh, NC 27601 (919) 833-2070 www.ncpirg.org Made in the U.S.A. 2 Table of Contents Executive Summary...............................................................................................................4 Background: Toxic Mercury Emissions from Power Plants ..................................................... 6 The Bush Administration’s Mercury Regulations ................................................................... 8 Findings: Power Plant Mercury Emissions ........................................................................... 12 Power Plant Mercury Emissions by State........................................................................ 12 Power Plant Mercury Emissions by County and Zip Code ............................................... 12 Power Plant Mercury Emissions by Facility.................................................................... 15 Power Plant Mercury Emissions by Company
    [Show full text]
  • DRR Source List June 23, 2016
    DRR Source List June 23, 2016 State Facility Name County/Parish Alabama Tennessee Valley Authority- Colbert Fossil Plant Colbert Alabama Alabama Power - Gadsden Electric Generating Plant Etowah Alabama Alabama Power - Greene County Electric Generating Plant Greene Alabama Tennessee Valley Authority - Widows Creek Fossil Plant Jackson Alabama Alabama Power - William Crawford Gorgas Electric Generating Plant Walker Alabama International Paper Company - Prattville Mill Autauga Alabama Escambia Operating Company Big Escambia Creek Plant Escambia Alabama Azko Nobel Functional Chemicals - LeMoyne Site Mobile Alabama Alabama Power Company- James M. Barry Electric Generating Plant Mobile Alabama Ascend Performance Materials -Decatur Plant Morgan Alabama Sanders Lead Company Pike Alabama Continental Carbon Company- Phenix City Plant Russell Alabama Alabama Power Company - Ernest C. Gaston Electric Generating Plant Shelby Alabama Lhoist North America of Alabama - Montevallo Plant Shelby Alabama PowerSouth Energy Cooperative - Charles R. Lowman Power Plant Washington Arizona Tucson Electric Power Company - Springerville Generating Station Apache Arizona Arizona Electric Power Cooperative - Apache Generating Station Cochise Arizona Arizona Public Service Electric Company - Cholla Navajo Arkansas Flint Creek Power Plant (SWEPCO) Benton Arkansas Entergy Arkansas - Independence Independence Arkansas Futurefuel Chemical Company Independence Arkansas Entergy Arkansas - White Bluff Jefferson Arkansas Plum Point Energy Station Mississippi California Shell Martinez Refinery (Part of cluster) Contra Costa California Solvay USA Incorporated (Part of cluster) Contra Costa California Tesoro Refining and Marketing Company (Part of cluster) Contra Costa Colorado Public Service Company of Colorado (PSCO) - Cherokee Power Plant Adams Colorado Colorado Springs Utilities (CSU) - Martin Drake Power Plant El Paso Colorado CSU - Ray D Nixon El Paso Colorado Colorado Energy Nations Company (CENC) - Golden Jefferson Colorado Tri-State Generation and Transmission Association, Inc.
    [Show full text]
  • 65 Years of Cooperative Partnership
    65 YEARS OF COOPERATIVE PARTNERSHIP An Illustrated History of Hoosier Energy Rural Electric Cooperative 65 YEARS OF COOPERATIVE PARTNERSHIP An Illustrated History of Hoosier Energy Rural Electric Cooperative Hoosier Energy Rural Electric Cooperative, Inc. P.O. Box 908 Bloomington, IN 47402-0908 www.hepn.com Copyright © 2014 by Hoosier Energy All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or writing, without permission from the publisher. PRINTED IN THE UNITED STATES OF AMERICA TABLE OF CONTENTS FOREWORD ......................................................................................vii HOOSIER ENERGY POWER NETWORK ...........................................viii ACKNOWLEDGMENTS ......................................................................ix HOOSIER ENERGY TODAY ..................................................................1 “I’LL DO ANYTHING IN THIS WORLD TO GET ELECTRICITY” ...........5 THE EARLY YEARS: COOPERATION AMONG COOPERATIVES ........17 THE BATTLE FOR RATTS STATION ..................................................30 COOPERATION AMONG UTILITIES ..................................................44 POWER THROUGH TEAMWORK ......................................................59 PEOPLE DELIVER THE POWER ......................................................71 MAKING LIFE BETTER .....................................................................81 THE POWER OF PARTNERSHIP ......................................................94
    [Show full text]
  • Environmental Assessment for the Effluent Limitations Guidelines and Standards for the Steam Electric Power Generating Point Source Category
    United States Office of Water EPA-821-R-15-006 Environmental Protection Washington, DC 20460 September 2015 Agency Environmental Assessment for the Effluent Limitations Guidelines and Standards for the Steam Electric Power Generating Point Source Category Environmental Assessment for the Effluent Limitations Guidelines and Standards for the Steam Electric Power Generating Point Source Category EPA-821-R-15-006 September 2015 U.S. Environmental Protection Agency Office of Water (4303T) Engineering and Analysis Division 1200 Pennsylvania Avenue, NW Washington, DC 20460 Acknowledgements and Disclaimer This report was prepared by the U.S. Environmental Protection Agency. Neither the United States Government nor any of its employees, contractors, subcontractors, or their employees make any warrant, expressed or implied, or assume any legal liability or responsibility for any third party’s use of or the results of such use of any information, apparatus, product, or process discussed in this report, or represents that its use by such party would not infringe on privately owned rights. Table of Contents TABLE OF CONTENTS Page ACRONYMS ................................................................................................................................. VIII GLOSSARY ..................................................................................................................................... XI SECTION 1 INTRODUCTION..........................................................................................................1-1 SECTION
    [Show full text]
  • Economic, Fiscal, and Social Impacts of the Transition of Electricity Generation Resources in Indiana AUGUST 2020 | 20-C11 101 W
    Economic, Fiscal, and Social Impacts of the Transition of Electricity Generation Resources in Indiana AUGUST 2020 | 20-C11 101 W. Ohio Street, Suite 400 Indianapolis, IN 46204 policyinstitute.iu.edu Economic, Fiscal, and Social Impacts of the Transition of Electricity Generation Resources in Indiana AUTHORS Tom Guevara, Director, Public Policy Institute Tim Slaper, Co-director, Indiana Business Research Center Sanya Carley, Professor, O’Neill School of Public and Environmental Affairs Matt Kinghorn, Senior Demographic Analyst, Indiana Business Research Center Drew Klacik, Senior Policy Analyst, Public Policy Institute Jamie Palmer, Senior Policy Analyst, Public Policy Institute Kevin Martyn, Visiting Lecturer, O’Neill School of Public and Environmental Affairs Madeline Mohrman, Research Assistant, O’Neill School of Public and Environmental Affairs Claire Williamson, Research Assistant, O’Neill School of Public and Environmental Affairs The IU Public Policy Institute (PPI) produces unbiased, high-quality research, analyses and policy guidance to effect positive change and improve the quality of life in communities across Indiana and the nation. As a multidisciplinary institute within the IU O’Neill School of Public and Environmental Affairs, PPI supports the Center for Health and Justice Research, the Center for Research on Inclusion & Social Policy, the Manufacturing Policy Initiative, and the Indiana Advisory Commission on Intergovernmental Relations. Established in 1925, the Indiana Business Research Center (IBRC) is an integral unit in the Kelley School of Business at Indiana University. The IBRC provides and interprets the economic information needed by the state’s business, government and nonprofit organizations, as well as users of such information throughout the nation. In addition, the Center conducts original research to generate needed information when existing data are not available or sufficient.
    [Show full text]
  • Power Plants and Mercury Pollution Across the Country
    September 2005 Power Plants and Mercury Pollution Across the Country Environment Colorado Research & Policy Center Made in the U.S.A. Power Plants and Mercury Pollution Across the Country September 2005 Environment Colorado Research & Policy Center Acknowledgements Written by Supryia Ray, Clean Air Advocate with Environment Colorado Research & Policy Center. © 2005, Environment Colorado Research & Policy Center The author would like to thank Alison Cassady, Research Director at Environment Colorado Research & Policy Center Fund, and Emily Figdor, Clean Air Advocate at Environment Colorado Research & Policy Center, for their assistance with this report. To obtain a copy of this report, visit our website or contact us at: Environment Colorado Research & Policy Center 1536 Wynkoop Street, Suite 100 Denver, CO 80202 (303) 573-3871 www.environmentcolorado.org Made in the U.S.A. 2 Table of Contents Executive Summary...............................................................................................................4 Background: Toxic Mercury Emissions from Power Plants ..................................................... 6 The Bush Administration’s Mercury Regulations ................................................................... 8 Findings: Power Plant Mercury Emissions ........................................................................... 12 Power Plant Mercury Emissions by State........................................................................ 12 Power Plant Mercury Emissions by County and Zip Code ..............................................
    [Show full text]
  • Feasibility Study for Siting a Synfuel Park/Polygeneration Plant in Indiana
    Synfuel Park / Polygeneration Plant Feasibility Study for Indiana Prepared for the Center for Coal Technology Research (CCTR) State of Indiana Paul V. Preckel, Principal Investigator Zuwei Yu, Co-Principal Investigator State Utility Forecasting Group Energy Center at Discovery Park Purdue University John A. Rupp Fritz H. Hieb Indiana Geological Survey Indiana University With Contributions By: Devendra Canchi, Sika Gbègbèlègbè Dofonsou, Agnieszka Drobniak, Sisi Guo, and Akiner Tuzuner September 30, 2007 Revised January 31, 2008 Synfuel Park / Polygeneration Plant: Feasibility Study for Indiana Table of Contents Acknowledgments xi Executive Summary 1 I. Introduction 2 II. Coal Resources 7 III. CO2: Sequestration and Other Uses 8 IV. Infrastructure: Transportation/Logistics, Electricity Transmission, and Gas/Petroleum Pipelines 9 IV.1 Transportation/logistics 10 IV.2 Electricity transmission lines 12 IV.3 Gas/petroleum pipelines 13 V. Water Resources 13 VI. Land Resources 14 VI.1 Main plant 14 VI.2 Coal storage and handling 17 VI.3 Landfill 17 VI.4 Cooling pond 17 VI.5 Final product storage 17 VII. Environmental Concerns with Synfuel Parks/Polygeneration Plants 18 VII.1 Waste water 18 VII.2 Air emissions 20 VII.3 Solid wastes 25 VII.4 Sludge and oil 26 VIII. Labor Requirements 26 IX. Economic Impact 26 X. The Francisco Mine 27 X.1 Coal availability 27 X.2. CO2 sequestration potential 27 X.3 Transportation infrastructure/logistics 29 X.4 Water requirements and resources 30 X.5 Land/ real estate requirements 37 X.6 Transmission lines and power availability 37 X.7 Gas and oil pipelines 38 X.8 Labor force availability 38 X.9 Summary 38 i Synfuel Park / Polygeneration Plant: Feasibility Study for Indiana XI.
    [Show full text]
  • Mercury Rising Cover
    A Clear the Air Report Mercury Rising New Data on Toxic Releases from Electric Power Plants, Including Mercury and Dioxin Prepared by National Environmental Trust 1200 18th Street, NW Washington, DC 20036 Credits Written by: Thomas E. Natan, Jr. Ph. D, Research Director and Mark Wenzler, Environmental Counsel, National Environmental Trust Acknowledgements Mercury Rising was prepared by the National Environmental Trust for Clear the Air. Martha Keating, Clean Air Task Force, and John Stanton, National Environmental Trust, and Angela Ledford and Jonathan Banks, Clear the Air provided editorial comments. This report was made possible with funding from The Pew Charitable Trusts. The opinions expressed in this report are those of the authors and do not necessarily reflect the views of The Pew Charitable Trusts. Copies of this report and tables are available at: http://www.cleartheair.org Executive Summary Newly released U.S. Environmental Protection Agency (EPA) information on toxic air emissions shows that electric utilities were the biggest air polluters in the U.S. in 2000. The 2000 Toxics Release Inventory (TRI) data constitute our nation’s premier database of information on how much toxic air, water, and land pollution is released each year by various industries. Coal- and oil-fired electric power plants first reported to TRI for 1998. The latest data also contain new information on persistent, bioaccumulative toxic chemicals, or PBTs. This report is the first in-depth analysis of the quantity and nature of coal- and oil- burning power plant toxic pollution brought to light in the 2000 TRI data. It demonstrates that electric utility emissions can and do in fact present serious public health concerns.
    [Show full text]
  • DRR) Pathway Notification Summary Per 40 CFR 51.1203(B
    Data Requirements Rule (DRR) pathway notification summary per 40 CFR 51.1203(b) See footnote for discussion of labels in last two columns March 2017 State Facility County/Parish DRR Pathway1 State Submittal12 Alabama International Paper Company - Prattville Mill Autauga Model Model Alabama Tennessee Valley Authority- Colbert Fossil Plant Colbert Limit Limit Alabama Escambia Operating Company Big Escambia Creek Plant Escambia Model Model Alabama Alabama Power - Gadsden Electric Generating Plant Etowah Limit Limit Alabama Alabama Power - Greene County Electric Generating Plant Greene Limit Limit Alabama Tennessee Valley Authority - Widows Creek Fossil Plant Jackson Limit Limit Alabama Alabama Power Company- James M. Barry Electric Generating Plant Mobile Model Model Alabama Azko Nobel Functional Chemicals - LeMoyne Site Mobile Model2 Model Alabama Ascend Performance Materials -Decatur Plant Morgan Model Model Alabama Sanders Lead Company Pike Model Model Alabama Continental Carbon Company- Phenix City Plant Russell Model Model Alabama Alabama Power Company - Ernest C. Gaston Electric Generating Plant Shelby Model Model Alabama Lhoist North America of Alabama - Montevallo Plant Shelby Monitor Monitor Alabama Alabama Power - William Crawford Gorgas Electric Generating Plant Walker Model2 Model Alabama PowerSouth Energy Cooperative - Charles R. Lowman Power Plant Washington Model Model Arizona Tucson Electric Power Company - Springerville Generating Station Apache Model Model Arizona Arizona Electric Power Cooperative - Apache Generating Station
    [Show full text]
  • Download the PDF: a Whole New Ballgame
    Table of Contents Introduction 4 Overview of Indiana’s Electric Supply 5 Myth #1: Supply Must Equal Demand 10 Myth #2: Coal Competes with Wind 12 Myth #3: Existing Power Plants are Free 13 Myth #4: A Megawatt is a Megawatt 14 Myth #5: Surplus Wind is Costly 16 Myth #6: Renewables Need Gas to Integrate 18 A New Energy Landscape: Conclusions 21 Appendix: Methodology for LCOE of Existing Coal 22 www.aeclinic.org Page 2 of 23 Executive summary This Applied Economics Clinic report, prepared on behalf of Citizens Action Coalition of Indiana, responds to several myths that persist regarding claimed benefits of aging coal-fired generators over renewable wind and solar. Table ES-1 below summarizes these myths and corresponding real-world facts. Ultimately, legacy power generation sources like coal are characterized by a lack of flexibility, making them costly and inconvenient to integrate with more modern renewables. Table ES-1. Common myths about renewable integration The report makes three key points regarding aging resources and their more up-to-date counterparts: 1. Indiana’s electric grid is supplied by a diverse portfolio of resources. No single resource can reliably supply Indiana’s energy needs; the most reliable strategy is to invest in a mix of different, complementary resources. Putting all your eggs in one basket is not a way to ensure reliable electric supply, especially in the midst of a nation-wide shift away from coal-fired generation: 2019 saw the largest annual decline in U.S. coal generation on record, and in April and May, renewable energy provided more power than coal for the first time in U.S.
    [Show full text]