Knowledge fuels change - Support energypedia!
For over 10 years, energypedia has been connecting energy experts around the world — helping them share knowledge, learn from each other, and accelerate the global energy transition.
Today, we ask for your support to keep this platform free and accessible to all. Even a small contribution makes a big difference! If just 10–20% of our 60,000+ monthly visitors donated the equivalent of a cup of coffee — €5 — Energypedia would be fully funded for a whole year.
Is the knowledge you’ve gained through Energypedia this year worth €5 or more?
Your donation keeps the platform running, helps us create new knowledge products, and contributes directly to achieving SDG 7.

Donate now and support open access to energy expertise
Thank you for your support, your donation, big or small, truly matters!

Fuel Oil Volatility – Complications for Evaluating A Proposed Power Purchase Agreement for Renewable Energy in Nome, AK

From energypedia
Revision as of 08:12, 30 April 2014 by ***** (***** | *****) (Ranisha Basnet moved page Complications in Economic Assessment of Substituting Baseload Geothermal for Diesel Power in Nome Alaska to [[Fuel Oil Volatility – Complications for Evaluating A Proposed Power Purchase Agreement for Renewable Energy in...)
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


Fuel Oil Volatility – Complications for Evaluating A Proposed Power Purchase Agreement for Renewable Energy in Nome, AK

Presenter: 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]
250px

References

  1. ↑ Fuel Oil Volatility – Complications for Evaluating A Proposed Power Purchase Agreement for Renewable Energy in Nome, AK. Antony G Scott.
Retrieved from "https://energypedia.info/index.php?title=Fuel_Oil_Volatility_–_Complications_for_Evaluating_A_Proposed_Power_Purchase_Agreement_for_Renewable_Energy_in_Nome,_AK&oldid=76654"