Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut...
-
date post
19-Dec-2015 -
Category
Documents
-
view
218 -
download
0
Transcript of Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut...
![Page 1: Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut December 2, 2004 Kevin Kirby Vice President, Market Operations.](https://reader036.fdocuments.in/reader036/viewer/2022062313/56649d365503460f94a0ea13/html5/thumbnails/1.jpg)
Connecticut’s Energy FutureConnecticut Energy Advisory Board Conference
Hartford, ConnecticutDecember 2, 2004
Kevin KirbyVice President, Market Operations
ISO New England Inc.
![Page 2: Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut December 2, 2004 Kevin Kirby Vice President, Market Operations.](https://reader036.fdocuments.in/reader036/viewer/2022062313/56649d365503460f94a0ea13/html5/thumbnails/2.jpg)
2
Regional System Planning
• ISO New England’s role in the restructured electric industry
• Planning Horizon: 10 Years• Geographic Scope:
– New England– Connecticut, Southwest CT
and Norwalk-Stamford sub-areas
– Coordination with neighboring control areas
• Regional Transmission Expansion Plan for 2004
What are the region’s energy needs today and through 2013?
![Page 3: Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut December 2, 2004 Kevin Kirby Vice President, Market Operations.](https://reader036.fdocuments.in/reader036/viewer/2022062313/56649d365503460f94a0ea13/html5/thumbnails/3.jpg)
3
Long-term Planning
• Long-term planning is important because:– Identifies areas of the system that are projected to have
inadequate resources and/or reliability problems– Provides a timetable for when new resources need to be
available– Signals where investment in energy infrastructure is
most valuable– Short-term fixes are costly
“The objective is to have a plan that adequately meets projected system and local needs.” (RTEP 04)
![Page 4: Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut December 2, 2004 Kevin Kirby Vice President, Market Operations.](https://reader036.fdocuments.in/reader036/viewer/2022062313/56649d365503460f94a0ea13/html5/thumbnails/4.jpg)
4
Net Generating Capacity 90/10 Load + Operating Reserves
50/50 Load + Operating Reserves
10,000
15,000
20,000
25,000
30,000
35,000
-
5,000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Su
mm
er M
egaw
atts
New England’s Capacity Situation Today’s surplus capacity situation will be short-lived
![Page 5: Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut December 2, 2004 Kevin Kirby Vice President, Market Operations.](https://reader036.fdocuments.in/reader036/viewer/2022062313/56649d365503460f94a0ea13/html5/thumbnails/5.jpg)
5
Winter Capacity Situation
• January 14-16, 2004 ‘Cold Snap’ was coldest winter period in New England in 25 years– New England set an all-time winter peak: 22,878 MW
• Electric and gas industry coordination is critical• Electric and gas market trading deadlines are not well
aligned• Gas pipelines will not build infrastructure without long
term contracts• Incremental gas supply into New England over the next
10 years expected to be liquefied natural gas (LNG)• Market incentives are needed to increase dual-fuel
capability
![Page 6: Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut December 2, 2004 Kevin Kirby Vice President, Market Operations.](https://reader036.fdocuments.in/reader036/viewer/2022062313/56649d365503460f94a0ea13/html5/thumbnails/6.jpg)
6
Winter 04/05 Improvements
• Establishment of Electric & Gas Operations Committee– Weekly information sharing
• Establishment of “Cold Snap” Operating Procedure triggering:– Cancellation of economic outages before cold weather
arrives– Request for dual-fuel units to switch to secondary fuel– Advancement of electric system trading deadlines
• Implementation of remedial actions by asset owners to improve availability during extreme weather
• Improved ability to import power from New York• Improvements could provide approx. 3,000 to 4,000 MW
of additional capacity for winter 2004/05 over last year.
![Page 7: Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut December 2, 2004 Kevin Kirby Vice President, Market Operations.](https://reader036.fdocuments.in/reader036/viewer/2022062313/56649d365503460f94a0ea13/html5/thumbnails/7.jpg)
7
Major Concerns
• Transmission investment lags– Transmission constraints
have created load pockets– Threatens regional
reliability
• Certain resources are critical
• Even with planned transmission upgrades, additional resources will be needed
• Existing generation at risk • Fuel diversity
![Page 8: Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut December 2, 2004 Kevin Kirby Vice President, Market Operations.](https://reader036.fdocuments.in/reader036/viewer/2022062313/56649d365503460f94a0ea13/html5/thumbnails/8.jpg)
8
Connecticut: Overview
• Capacity is inadequate to serve demand and meet reliability requirements – Special measures (emergency
resources and operating procedures) are needed to keep the lights on now in Southwest Connecticut
• Existing generation is needed to provide bulk power system support
• More than 2,800 MW projected to be operating under reliability agreements in 2005
• Connecticut incurs avoidable costs because of inadequate energy infrastructure
![Page 9: Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut December 2, 2004 Kevin Kirby Vice President, Market Operations.](https://reader036.fdocuments.in/reader036/viewer/2022062313/56649d365503460f94a0ea13/html5/thumbnails/9.jpg)
9
Emergency Actions
Southern New England Reinforcement
Current Import Limit
Net Generating Capacity
-
2,000
4,000
6,000
8,000
10,000
12,000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Su
mm
er
Me
ga
wa
tts
NOTE: Transmission project in-service dates are subject to delay
Connecticut Capacity Situation
90/10 Peak Load + Reserves
50/50 Peak Load + Reserves
![Page 10: Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut December 2, 2004 Kevin Kirby Vice President, Market Operations.](https://reader036.fdocuments.in/reader036/viewer/2022062313/56649d365503460f94a0ea13/html5/thumbnails/10.jpg)
10
-
1,000
2,000
3,000
4,000
5,000
6,000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Su
mm
er
Me
ga
wa
tts
Southwest Connecticut Capacity Situation
Emergency Actions
SWCT Phase II
Current Import Limit
Net Generating Capacity
NOTE: Transmission project in-service dates are subject to delay
90/10 Peak Load + Reserves
50/50 Peak Load + Reserves
SWCT Phase I
![Page 11: Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut December 2, 2004 Kevin Kirby Vice President, Market Operations.](https://reader036.fdocuments.in/reader036/viewer/2022062313/56649d365503460f94a0ea13/html5/thumbnails/11.jpg)
11
0
250
500
750
1,000
1,250
1,500
>40 31-40 21-30 11-20 0-10
Age of Generators - Years
Ca
pa
cit
y (
MW
)
0%
10%
20%
30%
40%
50%
60%
Pe
rce
nt o
f To
tal C
ap
ac
ity
Megawatt Percent
Age of Generators in Southwest Connecticut
![Page 12: Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut December 2, 2004 Kevin Kirby Vice President, Market Operations.](https://reader036.fdocuments.in/reader036/viewer/2022062313/56649d365503460f94a0ea13/html5/thumbnails/12.jpg)
12
Post-Contingency ViolationsCurrent System Thermal Overloads
New Have
n
Stamford
Norwalk
Bridgeport
Milford
![Page 13: Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut December 2, 2004 Kevin Kirby Vice President, Market Operations.](https://reader036.fdocuments.in/reader036/viewer/2022062313/56649d365503460f94a0ea13/html5/thumbnails/13.jpg)
13
Wholesale Electricity Price Driver
• Fuel-adjusted wholesale electricity prices in 2003 were the lowest of the last four years– Clearing prices in the wholesale electricity market
rise and fall with changes in fuel costs, particularly for natural gas
• Electricity prices will continue to reflect fuel costs
![Page 14: Connecticut’s Energy Future Connecticut Energy Advisory Board Conference Hartford, Connecticut December 2, 2004 Kevin Kirby Vice President, Market Operations.](https://reader036.fdocuments.in/reader036/viewer/2022062313/56649d365503460f94a0ea13/html5/thumbnails/14.jpg)
14
Conclusions and Required Actions
• Capacity in Connecticut is inadequate to serve demand reliably– Special measures keep the
lights on now in Southwest Connecticut
• Timely approval and operation of transmission infrastructure is needed
• Market enhancements are needed to encourage investment where it is needed:– New generation resources– Re-powering of older units – Increased demand response
and conservation