Methodology for fleet deployment decisions. Final report
- Decision Focus, Inc., Mountain View, CA (United States)
- Strategic Decisions Group, Menlo Park, CA (United States)
In today`s more competitive energy market, selecting investment and operating plans for a generating system, specific plants, and major plant components is becoming increasingly critical and complex. As utilities consider off-system sales, the key factor for fleet deployment decisions is no longer simply minimizing revenue requirements. Rather, system-level value dominates. This is a measure that can be difficult to determine in the context of traditional decision making methods. Selecting the best fleet deployment option requires the ability to account for multiple sources of value under uncertain conditions for multiple utility stakeholders. The object of this paper was to develope and test an approach for assessing the system-wide value of alternative fleet deployment decisions. This was done, and the approach was tested at Consolidated Edison and at Central Illinois Public Service Company.
- Research Organization:
- Electric Power Research Inst., Palo Alto, CA (United States); Decision Focus, Inc., Mountain View, CA (United States); Strategic Decisions Group, Menlo Park, CA (United States)
- Sponsoring Organization:
- Electric Power Research Inst., Palo Alto, CA (United States)
- OSTI ID:
- 64039
- Report Number(s):
- EPRI-TR--103976
- Country of Publication:
- United States
- Language:
- English
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