Competitive edge

Abstract

A new Electric Power Research Institute (EPRI) project was launched with the goal at developing opportunity cost pricing methods to quantify the benefits of hydro generation technologies, through system support and other ancillary services, to the electricity supply system. The aim of this work is to further the understanding of what these mostly intangible benefits are, and how and to what extent supplying these benefits effects hydro power resources. These methods can be used to improve the ways that ancillary services are obtained. The will help companies attribute earnings across various sets of assets and allow improved allocation of capital and O&M resources across assets.