Power Sources and Energy Procurement

What you'll learn

• Explain the roles of utilities, RTOs, FERC and state commissions, and analyze large-customer bills including energy, capacity and peak-based charges
• Explain energy market clearing, scarcity pricing, locational prices, capacity markets and ancillary services, and quantify the benefit and cost of hedging
• Plan large-load interconnection, interpret study results and N-1 limits, evaluate queue attrition and cost responsibility, and use flexibility and phasing to secure power sooner
• Characterize data center load including AI power swings, identify sources of flexibility, and evaluate demand response and flexible connections
• Structure renewable procurement through certificates, utility programs and physical and virtual PPAs, quantify price, shape and basis risk, and evaluate hourly carbon-free energy matching
• Design storage and firm clean power portfolios for hourly matching, using capacity accreditation and the economics of the last percent
• Select and size on-site gas turbines, reciprocating engines, fuel cells and batteries for bridging or islanded operation, including redundancy, fuel supply, emissions and permits
• Plan natural gas supply for on-site generation, including pipeline service, firm transport, price risk, winter reliability and carbon costs
• Interpret electric service agreements, large-load tariffs and PPA terms, and quantify minimum bill, collateral and settlement exposures
• Evaluate nuclear refurbishments, restarts, uprates, SMRs, geothermal and other firm clean resources and build a long-term power strategy for a data center portfolio
• Compare power options with LCOE, delivered cost and NPV under uncertainty, including redundancy and the value of time to power
• Build and present a staged power strategy for a large campus with risks, fallbacks and a carbon trajectory