Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Policy Forum Series: Grant - Role of Natural Gas in Electricity Generation


Published on

Published in: Technology, Business
  • Be the first to comment

  • Be the first to like this

Policy Forum Series: Grant - Role of Natural Gas in Electricity Generation

  1. 1. Natural Gas and Minnesota’s Energy Future Bill Grant, Department of Commerce
  2. 2. }  Current and projected price of natural gas ◦  Impacts of hydrofracking ◦  Demand for electric generation, exports}  Characteristics of gas for utility planners ◦  Environmental considerations ◦  Natural gas vs. coal, vs. renewables, vs. energy efficiency ◦  Electricity generation as valley-filler ◦  Fuel of choice for repowering projects
  3. 3. }  Resource plans ◦  How will customer needs be met over next 15 yrs.}  Certificate of Need ◦  Size, type, timing for facilities over 50 MW}  Siting and routing ◦  Mitigation of environmental impacts ◦  Public involvement}  Rate case ◦  Prudency of costs; who pays
  4. 4. Alternatives Forecast Alternatives Environment  &   Forecast Socioeconomics Existing   DSM Generation Strategist   Model Facility  Approved Size,  Type,  &   Timing   Approved Finance   Assign  Costs Alternatives Adjustments Environmental   Public   Review Participation Forecast   Design  RatesAdjustments Rate   Increase   Siting/Routing   Approved Approved  &   Constructed
  5. 5. }  Natural gas for electric generation likely to grow in near to medium term}  Minnesota well positioned with gas supply}  Drivers include: ◦  Continued low cost ◦  Need for replacement of older coal capacity ◦  Load following support for variable renewables ◦  Valley-filling profile