Electric utility least cost planning

Electricutility least cost planning

Institutionaffiliation:

Topicselection-

Energyefficiency is the single most important aspect of the United States’energy policy. As the country seeks alternatives to non-renewableenergy sources in line with the demands placed upon many governmentsas a result of the adverse effects associated with climate change,more progress in highly effective and cost efficient opportunitiesneed to be realised. The aim of this research proposal is to seek toinvestigate into possibilities, which can realize energy efficiencythrough least cost planning even as the US tends towards green energyproduction.

PreliminaryResearch Sources

  1. Beecher, J. A. (2011). Avoided cost: an essential concept for integrated resource planning. Journal of Contemporary Water Research and Education, 104(1), 8.

Thisarticle has comprehensive information on the advances and systemsthat ensure effective cost planning during conception projects. Thearticle thus, has great insight on how to avoid unnecessary costsduring engineering projects, which will help the project greatly inadvancing an effective approach.

  1. Kolb, G. J., Ho, C. K., Mancini, T. R., &amp Gary, J. A. (2011). Power tower technology roadmap and cost reduction plan. Sandia National Laboratories, Livermore, CA, Technical Report No. SAND2011-2419.

Thisarticle is highly significant in presenting information on selection,progresses, and technology roadmaps for the cost reduction plan. Assuch, the article will provide insight on a well-established projectthat will ensure effectiveness.

  1. Slavin, M. (2011). Sustainability in America`s Cities: Creating the Green Metropolis. Washington DC: Island Press.

Inthe American economy, there has been a concerted drive towards thedevelopment of sustainable solutions with the sole aim of mitigatingconflicts prevalent between human development and the environment.This book provides valuable information as to why public policieshave ingrained sustainable energy solutions in their economicdevelopment blueprints. It offers case studies probing intoinnovations towards renewable energy and more so energy efficiency.

  1. Sallam, A. A. &amp Malik, O. P. (2011). Electric Distribution Systems. Hoboken: John Wiley &amp Sons.

Thisbook combines hands on approach as well as academic explanations onsolutions available to challenges experienced in setting up andrunning electric distribution systems. It employs current andtraditional topics relating to distribution systems such as specificdesigns for efficient load distribution mechanism for cities, townsand zones. It allows a reader to relate to problems associated withthe running of electric distribution learning more so with regard toelectric utility least cost planning.

  1. Tekiner, H., Coit, D. W., &amp Felder, F. A. (2010). Multi-period multi-objective electricity generation expansion planning problem with Monte-Carlo simulation. Electric Power Systems Research, 80(12), 1394-1405.

Thisarticle provides important information on managing costs inelectricity planning. The article will shed light on the use ofsimulation and multi-period objective approach in planning costs.

  1. Willis, H. Lee. (2010). Power Distribution Planning Reference Book. London: CRC Press.

Thisbook is a good source of information detailing on the development,advances, selection and availing of high quality, safe and costeffective electric distribution systems. This book also offers arange of improvements with regard to system layout and reliabilityassociated with system planning such as load forecasting,performance, scheduling and economic incentives therein. Willisattempts to respond to the new need of conventional electricutilities by presenting real world scenarios, management andprocedural challenges as well as analytical and engineeringmethodologies critical to efficiency, more so, improved systemperformance.

ProjectEnvironment

Thisresearch will reference the contemporary situation facing electricutility firms within major US cities in line with the aims of the USfederal government towards sustainable energy production anddistribution. It will place a lot of emphasis on the challenges thatnonrenewable electric utility firms have been faced with inattempting to realize sustainable profitability. Least cost planningis one of the strategies employed in these utilities and thus willfocus on the developments towards related challenges. The paper willalso touch on how the firms will attempt to incorporate green energyproduction in the existing distribution systems and more so how thiswill influence the already established systems.

References

Beecher,J. A. (2011). Avoided cost: an essential concept for integratedresource planning. Journalof Contemporary Water Research and Education,104(1),8.

Kolb,G. J., Ho, C. K., Mancini, T. R., &amp Gary, J. A. (2011). Powertower technology roadmap and cost reduction plan. SandiaNational Laboratories, Livermore, CA, Technical Report No.SAND2011-2419.

Sallam,A. A. &amp Malik, O. P. (2011). ElectricDistribution Systems.Hoboken: John Wiley &amp Sons.

Slavin,M. (2011). Sustainabilityin America`s Cities: Creating the Green Metropolis.Washington DC: Island Press.

Tekiner,H., Coit, D. W., &amp Felder, F. A. (2010). Multi-periodmulti-objective electricity generation expansion planning problemwith Monte-Carlo simulation. ElectricPower Systems Research,80(12),1394-1405.

Willis, H.Lee. (2010). PowerDistribution Planning Reference Book.London: CRC Press.