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Exam 1 Coverage 1.Planning definitions, goals, horizons, policy developments, categories 2.Economics: expenditures, cost of capital, time value of money,

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Presentation on theme: "Exam 1 Coverage 1.Planning definitions, goals, horizons, policy developments, categories 2.Economics: expenditures, cost of capital, time value of money,"— Presentation transcript:

1 Exam 1 Coverage 1.Planning definitions, goals, horizons, policy developments, categories 2.Economics: expenditures, cost of capital, time value of money, evaluation methods (LARR, LCOE), screening curves, inflation & discounting 3.Generation costs I: fuels, heat rates/cost rates, emissions, computing CO 2 lbs/MWhr output 4.Energy conversion costs: Coal, CO 2 capture, CTs, NGCC, IGCC, nuclear, hydro, inland wind, biomass, IPCC, geothermal, offshore wind, solar, ocean, DG 5.Storage: classifications (I/O, capacity, operational modes), arbitrage and cross-arbitrage, effects of thermal plant cycling 6.Environmental legislation: air quality emissions and criteria pollutants, history, 1990 CAAA, SO 2 cap and trade, CSAPR, MATS, CO 2 NSPS 7.Reliability evaluation: max-flow; decomposition, convolution; Max Flow Problem (see next slide). You can prepare this in advance and bring it to the exam. Convolution Problem (see next slide). You can prepare this in advance and bring it to the exam. 8.Resource planning models: Through section 3.0 of those notes.

2 Exam 1 Coverage You may work these two problems entirely at home and bring them to the exam. You should NOT collaborate with anyone in working these problems. But you can use any resource you like, e.g., notes or books. 1.Beginning from the last step in the class notes on “Reliability” (pg. 74), apply decomposition to identify the A-sets, L-sets, and U-sets for U 1, and compute probabilities for each. 2.In section U of the notes on generation adequacy evaluation (pg. 9), we illustrated how to obtain the capacity outage table for a system having two 3 MW units and one 5 MW unit. In this problem, you are to compute the capacity table for this same system. A hint is on the next slide.

3 Hint for Exam Problem 2 PMF for capacity outage. PMF for capacity.

4 What to study Do problems 1 & 2 HW solutions (to be posted by Friday) Notes Nature of exam Some calculations Some short answer Some true-false


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