For a midwestern utility with electric and gas utility operations, Jim McMahon, Patrick Augustine, and Anant Kumar analyzed how the company would be affected under different future states of the world. We analyzed the expected performance of and risks to each operation and the company overall and then developed alternate strategies that included changes in capital spending and potential divestiture of operations.
Weathering the storm: Utility resource planning in the face of weather-driven reliability risks
The authors assessed how modeling different weather year scenarios in capacity expansion planning can impact resource investment decisions and the resulting...