Difference between revisions of "Fuel Oil Volatility – Complications for Evaluating A Proposed Power Purchase Agreement for Renewable Energy in Nome, AK"

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= <span dir="auto">Complications in Economic Assessment of Substituting Baseload Geothermal for Diesel Power in Nome Alaska</span> =
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[[File:MES Berkley small.png|center|800px|Innovating Energy Access for Remote Areas: Discovering Untapped Resources|alt=Innovating Energy Access for Remote Areas: Discovering Untapped Resources|link=Innovating Energy Access for Remote Areas: Discovering Untapped Resources]]
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| style="width: 175px; text-align: center; vertical-align: middle; background-color: rgb(139, 45, 45);" | [[File:MES About Icon.png|center|100px|alt=About the International DAAD-Alumni Summer School, Sustainable Provision of Rural RE|link=Innovating Energy Access for Remote Areas: Discovering Untapped Resources#About]]
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| style="width: 175px; text-align: center; vertical-align: middle; background-color: rgb(200, 200, 200);" | [[File:MES Doumentation grey Icon.png|center|100px|Documentation|alt=Programme|link=Innovating Energy Access for Remote Areas: Discovering Untapped Resources - Documentation]]
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| style="width: 175px; text-align: center; vertical-align: middle; background-color: rgb(139, 45, 45);" | [[File:MES Programe Icon.png|center|100px|Programme|alt=Participants Presentations|link=Innovating Energy Access for Remote Areas: Discovering Untapped Resources - Programme]]
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| style="width: 175px; text-align: center; vertical-align: middle; background-color: rgb(139, 45, 45);" | [[File:MES Impressions Icon.png|center|100px|Impressions|alt=Speaker Presentations|link=Innovating Energy Access for Remote Areas: Discovering Untapped Resources - Impressions]]
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Presenters: '''Antony G Scott,''' (University of Alaska Fairbanks, USA)
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== Overview ==
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| <span style="line-height: 20.400001525878906px;">Private development of a geothermal project to bring electric power to Nome, AK, will require a power purchase agreement between the developer and local utility. Small loads and difficult logistics increase fuel costs for the existing diesel based system, suggesting potential economic benefit from geothermal power. But tools for evaluating future diesel prices in remote, rural markets are sparse – in large part because only 1-3 deliveries determine diesel prices for the year. This paper leverages standard tools to help clarify consequences for Nome citizens of replacing a portion of their stochasticly diesel-based power with stable-priced geothermal energy. It finds that accounting for the unusual nature of episodic fuel deliveries significantly adds to normal annual fuel-oil volatility.<ref>Fuel Oil Volatility – Complications for Evaluating A Proposed Power Purchase Agreement for Renewable Energy in Nome, AK. Antony G Scott.</ref> </span>
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<span style="line-height: 20.400001525878906px;">[[File:Nextek Power Systems - The Evolution of Distributed Electrical Power.pdf|border|right|250px|File:Nextek Power Systems - The Evolution of Distributed Electrical Power.pdf|alt=File:Experience from First Solar Mini Grid Service in Bangladesh.pdf]]</span>
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= References<br/> =
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Revision as of 14:16, 29 April 2014

Innovating Energy Access for Remote Areas: Discovering Untapped Resources
About the International DAAD-Alumni Summer School, Sustainable Provision of Rural RE
Programme
Participants Presentations
Speaker Presentations



Innovating Energy Access for Remote Areas: Discovering Untapped Resources
About the International DAAD-Alumni Summer School, Sustainable Provision of Rural RE
Programme
Participants Presentations
Speaker Presentations

Presenters: Antony G Scott, (University of Alaska Fairbanks, USA)


Overview

Private development of a geothermal project to bring electric power to Nome, AK, will require a power purchase agreement between the developer and local utility. Small loads and difficult logistics increase fuel costs for the existing diesel based system, suggesting potential economic benefit from geothermal power. But tools for evaluating future diesel prices in remote, rural markets are sparse – in large part because only 1-3 deliveries determine diesel prices for the year. This paper leverages standard tools to help clarify consequences for Nome citizens of replacing a portion of their stochasticly diesel-based power with stable-priced geothermal energy. It finds that accounting for the unusual nature of episodic fuel deliveries significantly adds to normal annual fuel-oil volatility.[1]
File:Experience from First Solar Mini Grid Service in Bangladesh.pdf

References

  1. Fuel Oil Volatility – Complications for Evaluating A Proposed Power Purchase Agreement for Renewable Energy in Nome, AK. Antony G Scott.