Online Courses

LIVE In-Depth Seminar: Clean Energy Integrated Resource Planning

Equal to a 1.5 Day Classroom Seminar
PGS reserves the right to limit access to this event.
Live Event: December 8th - December 10th 1:00 pm - 4:30 pm (ET)

How this online course works

The objective of this seminar is to dig into the details of clean energy resource planning with deep insights into the integrated resource planning methods. The seminar will provide information to utility planners, regulatory staff, consumer advocates on how IRP models work, and what role assumptions play taking specific case studies. Detailed modeling examples with be provided that inform utility planners for the representation of energy storage, distributed energy resources, hybrid resources, microgrids, and other trends that are taking place clean energy resource planning.

Training Sessions

Session 1: Overview of Integrated Resource Planning – Big Picture

December 8th 1:00 PM - 2:30 PM (90 minutes)

What You Will Learn

Integrated Resource Plans are not new to the utility industry. What is new is planning for the change in resource mix and capacity needs in the backdrop of a plethora of emerging technologies and state policies. The overview will cover the following

  1. Why IRP?
  2. Hybrid Resources Capacity Credit
  3. Energy Storage Policy
  4. Distributed Energy Resources
  5. Microgrids
  6. Capacity Optimization
  7. Production Cost
  8. Distribution Integrated Resource Plan
  9. Effective Load Carrying Capability
  10. Stacked Services Emulation
  11. Clean Energy Competitive Auctions
  12. Reliability Criteria
  13. Renewable Portfolio Standard
  14. Least cost planning
  15. IRPs in wholesale markets
  16. IRPs in States that do not have organized markets
  17. Role of State Commissions in IRPs
  18. Citizen and Consumer Advocates concerns
  19. Role of renewable auctions and PPAs

What You Will Also Learn

  1. Role of IRP in states with and without organized markets
  2. Role of state commissions and regulatory staff in IRPs
  3. Role of intervenors including consumer advocates
  4. How renewable auctions and PPAs are modeled in IRPs

Session 2: Emerging technologies in IRPs – Recent trends

December 8th 3:00 PM - 4:30 PM (90 minutes)

What You Will Learn

There is no doubt that renewable technologies and other emerging technologies such as energy storage, distributed energy resources are providing capacity needs on the grid.  This module will dive deep into technology characteristics and methods to represent emerging technologies in integrated resource plans.

  1. Role of energy storage in IRP models
  2. Role of DERs in IRPs
  3. Hybrid Resources
  4. Microgrids
  5. Virtual Power Plants
  6. Capacity credit for resources
  7. ELCC calculations
  8. Demand-side options modeling

What You Will Also Learn

  1. How are emerging technologies modeled in the IRPs?
  2. What are the key characteristics that need to be modeled in the IRPs?
  3. How to calculate capacity credit for Hybrid Resources?
  4. How do the models need to change to incorporate characteristics of emerging technologies?

Session 3: Recent IRP Case Studies

December 9th 1:00 PM - 2:30 PM (90 minutes)

What You Will Learn

There is a lot to learn from current and former IRPs. In this module, we discuss the following IRP key takeaways, as well as a comparison of IRP, approaches:

  1. Puerto Rico
  2. Xcel – Minnesota
  3. Vectren-Indiana
  4. Platte River – Colorado
  5. Lafayette Utilities
  6. Detroit Edison (DTE) Energy
  7. Long Island Power Authority
  8. Puget Sound Electric
  9. Basin Electric
  10. Evergy
  11. Nebraska Public Power District
  12. Pacificorp
  13. Northwestern Energy

What You Will Also Learn

  1. What are the general trends of IRPs?
  2. Hits and misses of the recent IRPs?
  3. How are mini-grids modeled in IRPs?
  4. How is reliability handled in IRPs?
  5. How were renewable Power Purchase Agreements (PPA) incorporated in IRPs?
  6. How to show the rate impacts from meeting 100% renewable goals?
  7. How solar advocates voiced their concern with IRPs?

Session 4: IRP Methods and Modeling Tools

December 9th 3:00 PM - 4:30 PM (90 minutes)

What You Will Learn

With the introduction of renewables and distributed resources, IRP models are also changing with the times. This module extensively discusses the inputs, outputs, and modeling methodologies of IRP framework tools.

  1. Reliability Calculations of LOLE, LOLP, EUE
  2. Planning Reserve Margin Calculations
  3. Least Cost Capacity Optimization
  4. Production Cost Simulations
  5. Expected Load Carrying Capability (ELCC)
  6. Stacked Services Emulator
  7. Net Present Value
  8. Forecasting Fuels, Demand, and Renewables
  9. Critical inputs to IRP models
  10. Typical input data sources
  11. Scenarios, Cases, and Sensitivities
  12. Key outputs from IRP models
  13. Key Assumptions
  14. IRP Metrics
  15. All the IRP tools on one slide

What You Will Also Learn

  1. What are the major IRP modeling frameworks?
  2. What are all the typical inputs into IRP models?
  3. What outputs should we expect?
  4. What are the challenges with these software models?
  5. How to represent emerging technologies in the modeling tools?

Session 5: IRP Modelling, Calculation, and Simulation Examples

December 10th 1:00 PM - 2:30 PM (90 minutes)

What You Will Learn

The integrated resource planning modeling, calculations, and simulations can become detailed and complex, where this module carefully goes through workflow processes with real-world examples of integrated resource plans.

  1. Reliability Calculations of LOLE, LOLP, EUE
  2. Planning Reserve Margin Calculations
  3. Least Cost Capacity Optimization Expansion Cases
  4. Production Cost Simulations
  5. Expected Load Carrying Capability (ELCC)
  6. Stacked Services Emulator
  7. Net Present Value
  8. Forecasting Fuels, Demand, and Renewables

What You Will Also Learn

  1. What is the workflow process steps for IRP studies?
  2. What are the procedures for developing IRP cases?
  3. What are the steps in running the simulations of IRP tools?
  4. How to interpret the results of IRP models?
  5. What are IRP metrics to focus on?

 

Session 6: IRP Forecasting

December 10th 3:00 PM - 4:30 PM (90 minutes)

What You Will Learn

In this module, you will learn about different forecasting techniques and forecasting requirements for clean energy integrated resource planning. There many underlying forecasts that flow into the integrated resource plan process such as fuels prices, demand, renewables, energy, and ancillary services prices, technology costs, and others.  The module will go through the sources, shaping, scaling, methods, and outputs of the following forecasts.

  1. Demand Forecasts
  2. Fuel Price Forecasts
  3. Renewables Forecasts
  4. Energy and Ancillary Price Forecasts
  5. Technology Cost Forecasts
  6. Other Forecasts

What You Will Also Learn

  1. What are the methods for forecasting and shaping demand forecasts?
  2. What are the typical sources for forecast input data?
  3. Where are the underlying forecasts used in integrated resource plans?
  4. How do IRP planners rely on forecasts in actual IRP’s?

Who Should Attend

Among those who will benefit from this seminar include utility consumer advocates, regulatory staff, energy and electric power executives; attorneys; government regulators; traders & trading support staff; marketing, sales, purchasing & risk management personnel; accountants & auditors; plant operators; engineers; and corporate planners.

Types of companies that typically attend this program include energy producers and marketers; utilities; banks & financial houses; industrial companies; accounting, law firms; municipal utilities; government regulators and electric generators.

Prerequisites and Advance Preparation

This fundamental level group live seminar has no prerequisites. No advance preparation is required before the seminar.

Why Choose PGS?

PGS seminars are known for their clear explanations and in-depth content. Register for a PGS class today and join the over 10,000 energy professionals who have already attended one of PGS's proven programs.

1Instructor

Dr. Randell Johnson
CEO Acelerex

Dr. Johnson has expertise and experience in the Valuation, Design, Procurement, and Operations of Grid Batteries

Dr. Johnson has been involved in the Energy Storage Road Map for the Maldives, Bermuda Energy Storage Sizing Study, New York Energy Storage Road Map, Massachusetts State of Charge Study, MISO Energy Storage Study, Ontario Energy Storage Study, and numerous other energy storage studies. He was selected by the World Bank to study 100% carbon-free grids with energy storage and Acelerex software and methods were selected by the International Agency for increasing penetration of renewables with energy storage. Dr. Johnson has invented and developed software for battery analytics and battery real time control. He is expert at power markets and valuation of energy storage to maximize utilization of existing transmission systems and co-optimization of transmission and other resources in addition of co-optimization of energy and ancillary services. A Harvard Business Case has been written for energy storage that includes methods pioneered by Dr. Johnson.

Dr. Johnson holds a Ph.D. in Power Engineering from Rensselaer Polytechnic Institute and an MS in Economics from Cass Business School, UK, and a Utility Corporate Finance Certificate for Gas and Electric Utilities from UConn Business School. Dr. Johnson has background in strategy, regulatory finance, economic optimizations, quantitative finance, electricity and energy markets, public policy, technical grid design, real-time optimizations, and high-performance computing.

Program Pricing

 PGS online training programs are known for their clear explanations and in-depth content.
Presented by Dr. Randell Johnson, CEO Acelerex. 
Equal to a 1.5 Day Classroom Seminar

$1,295 for the first attendee, $995 for the second attendee, and $695 for each attendee thereafter

Special pricing is available for groups of 10 or more. Please email or call (440) 853-1038.

Payment and Cancellations

Payment is required prior to training program access. Payment can be made by Visa, Master Card, American Express, or corporate check. Your credit card will be charged at the time of registration unless other arrangements have been made.

Cancellations for online training programs can be made before the program access instructions are sent by PGS, and cancellations will result in a credit. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (440) 853-1038.
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