ScottMadden, Inc., one of North America’s leading energy consulting firms, recently presented at the Solar Electric Power Alliance (SEPA) Utility Conference in Rancho Mirage, California. This conference connected utility experts from varying sectors to discuss how to implement clean energy and grid modernizing technology.
During the event, John Pang, partner at ScottMadden and conference panelist, reviewed a path to smart utility-scale solar and shared the key to integrating these resources. In particular, the presentation discussed the “solar trifecta,” which is three market requirements that could allow smart utility-scale solar to cost competitively offer operational attributes comparable to conventional generation.
“With the use of existing technology and declining technology costs, utility-scale solar can become a much more dynamic and valuable asset for the electric grid,” explains Mr. Pang.
During the same panel, Rosella Motoki, energy contract manager at Hawaiian Electric Company (HECO), explored Hawaii’s new approach for contracting between utility and renewable project developers. These new public power purchase agreements (PPAs) are designed to reduce risk for developers and provide better flexibility in the cost-effective, dynamic dispatch of power. In 2016, ScottMadden and SEPA partnered with HECO to evaluate a variety of innovative PPA structures.
“It is exciting to see HECO leverage an innovate PPA structure to produce more flexible operations and better results for all parties involved,” adds Mr. Pang.
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