Presentation on theme: "Modeling Work Group Staff Report MWG Meeting August 1, 2011 Web Meeting."— Presentation transcript:
Modeling Work Group Staff Report MWG Meeting August 1, 2011 Web Meeting
2 MWG analysis of high COI flows is ongoing Past emphasis was on comparisons between PROMOD and Gridview, which evolved into attempts to standardize the input and run assumptions. Currently, focus is on the differences in the generation commitment and dispatch. COI Flow Analysis and Gridview Comparison
Result Comparison Comparison to new GV run by Sherman with loads reduced by 3.4% to back out transmission losses. Note large difference in coal generation.
Annual Energy Difference by Area In general, the trade-off is between coal and combined cycle generation, and appears to be caused by differences in the commitment and dispatch logic. Since the hurdle rates and tie limits effectively separate Alberta from other areas, initial analysis can focus there.
14 In PROMOD the hurdle rates represent a financial obstacle that must be overcome to allow economic interchange to occur. If the marginal price in SR A is $30 and the marginal price in SR B is $25 and the hurdle rate from B to A is $7, there would be no interchange. Hurdle Rates