Publication Details
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| WSP 0400-03 | 2004 | WMIG | |||
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| Dealing with Uncertainties in the Hydroelectric Energy Business - November 5-6, 2003 - Montreal, Quebec, Canada (Workshop Proceedings) |
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| Energy from water power – a centuries old technology. The technology may be old but
improvements in the technology have increased hydroelectric energy production’s efficiency, safety
and reliability. But are we more confident today than in the past that what we predict will actually
come to be. Many uncertainties surround the business of producing electricity from water
resources – the uncertainty of water supplies, the uncertainties of operating mechanical
equipment, the uncertainties of getting your product to the customer, and the uncertainties of the
electricity market. Weather – will it rain, how much, how long and over what expanse of the watershed? When it does rain, how quickly will the water get to the river and down to the power plant? When will the snow pack melt? How long will it take to melt and runoff to the reservoir? Will the reservoirs be refilled? How much will evaporate before I can use it? Will there be too much water, not enough water? Energy Markets – will the market require more energy? How much energy? What will be the timing of the energy need? What will be the selling price? If the energy can’t be sold, will there be room to store the water? Will I need to spill water? Decision Making – what tools can we use to take into account all the uncertainties surrounding water resource planning and operation? Can the risks be reduced? Is there need for improvement? This workshop will bring together experts from Canadian and International Hydroelectric Utilities, and Industry Practitioners to share current practices, discuss where improvements could be made and plan future cooperation to help reduce the uncertainties in the business of hydroelectric energy production. Workshop themes include: - Weather & Hydrologic Uncertainty - Market Uncertainty - Decision Making Models Using Uncertainties This two-day workshop comprised of 22 presentations. See Event Details for more information. |
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