Optimum electric utility spot price determinations for small power producing facilities operating under PURPA provisions

Conference · Fri Jan 01 00:00:00 EST 1988

OSTI ID:6116287

Ghoudjehbaklou, H; Puttgen, H B

This paper outlines an optimum spot price determination procedure in the general context of the Public Utility Regulatory Policies Act, PURPA, provisions. PURPA stipulates that local utilities must offer to purchase all available excess electric energy from Qualifying Facilities, QF, at fair market prices. As a direct consequence of these PURPA regulations, a growing number of owners are installing power producing facilities and optimize their operational schedules to minimize their utility related costs or, in some cases, actually maximize their revenues from energy sales to the local utility. In turn, the utility strives to use spot prices which maximize its revenues from any given Small Power Producing Facility, SPPF, a schedule while respecting the general regulatory and contractual framework. the proposed optimum spot price determination procedure fully models the SPPF operation, it enforces the contractual and regulatory restrictions, and it ensures the uniqueness of the optimum SPPF schedule.

• OSTI ID: 6116287
• Report Number(s): CONF-880102-
• Resource Relation: Conference: IEEE Power Engineering Society winter meeting, New York, NY, USA, 31 Jan - 5 Feb 1988; Other Information: Technical Paper 88WM235-4
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING
POLICY AND ECONOMY
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
ELECTRIC POWER
PRICES
ELECTRIC UTILITIES
OPTIMIZATION
REGULATIONS
PUBLIC UTILITY REGULATORY POLICIES ACT
LAWS
NATIONAL ENERGY ACT
POWER
PUBLIC UTILITIES
296000* - Energy Planning & Policy- Electric Power
320603 - Energy Conservation
Consumption
& Utilization- Municipalities & Community Systems- Public Utilities- (1980-)
293000 - Energy Planning & Policy- Policy
Legislation
& Regulation