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Webinar: Ensuring Reliability with a Transforming Fleet: The Average vs. Marginal ELCC Debate
June 16, 2022 @ 3:30 pm - 5:00 pm EDT
About the Webinar: Across the industry ISOs and utilities are grappling with capacity accreditation – the process in which we determine the firm capacity contribution that resources bring for reliability and resource adequacy. In competitive capacity markets, this process determines the quantity of capacity each resource brings to the market and ultimately the market’s capacity price. In the vertically integrated utilities it determines which resources are procured to meet reserve margin requirements.
The energy transition is requiring grid operators to change the way they accredit resources. While effective load carrying capability (ELCC) is the metric utilized most – and being adopted more broadly – the specific details of its calculation are changing and being debated. FERC proposals and IRPs around the country are seeking to answer questions like:
- Should we use an average or marginal ELCC?
- How does this affect the resource mix of future systems?
- What are the reliability and pricing implications?
- Should we use seasonal or monthly credits?
- Should we apply consistent methods between thermal, renewable, and storage resources?”
- Do we even need to accredit individual resources?
To shed light on these questions, the Energy Systems Integration Group is hosting a debate between industry experts Kevin Carden (Astrapé Consulting) and Dr. Samuel Newell (The Brattle Group).
Featured Speakers: Kevin Carden, Astrapé Consulting and Dr. Samuel Newell, The Brattle Group.
Kevin Carden is the Director of Astrapé Consulting, an energy consulting organization with a focus on resource adequacy. Under his leadership for the past 17 years, Astrapé Consulting has performed planning reserve margin studies, ELCC studies, renewable integration studies, and operational flexibility studies for utilities, regulators, and ISOs worldwide. Kevin also led the redevelopment of SERVM, a now industry-leading Resource Adequacy Planning tool, which is licensed by Astrapé. He holds a U.S. patent in Generation Reliability Modeling techniques (#7698233) and a B.S. in Industrial Engineering from the University of Alabama.
Dr. Samuel Newell leads Brattle’s Electricity Group of over 50 consultants addressing the most challenging economic questions facing an industry transforming to clean energy. His expertise centers on electricity wholesale markets, market design, generation asset valuation, integrated resource planning, and transmission planning. He frequently provides testimony and expert reports to Independent System Operators (ISOs), the Federal Energy Regulatory Commission (FERC), state regulatory commissions, and the American Arbitration Association. Prior to joining The Brattle Group, Dr. Newell was Director of the Transmission Service at Cambridge Energy Research Associates. Before that, he was a Manager in the Utilities Practice at A.T. Kearney
Moderator: Derek Stenclik, Telos Energy
Registration Cost: FREE