By Jason Kuiper, The Wire
OPPD President and CEO Tim Burke said the new generation, the details of which would become clearer after requests for proposal are answered, is needed in light of a changing generation and customer landscape.
At their November meeting, the board could approve a final recommendation and authorize management to negotiate and enter into contracts. The stakeholder process, where customers can provide feedback on the proposal, will be open until Nov. 8 at oppdlistens.com.
Read more here.
Additional Recommended Reading & Viewing
- OPPD Video: Power With Purpose Presentation, by Mary Fisher, Vice President, Energy Production & Nuclear Decommissioning
- More power needed: OPPD plans to build Nebraska’s largest solar farm, plus natural gas plants, by Aaron Sanderford, Omaha World-Herald
- OPPD Laying The Groundwork For A Bright Energy Future, OPPD News Release, June 20, 2019
Initiatives will include a long-term study to address the long-term balance of load generation, along with decarbonization options for the district’s generation mix. Vice President Mary Fisher spoke to the topic, noting that the energy generation landscape is changing rapidly. Fisher said the drivers are primarily improving renewable technology, and environmental considerations around carbon emissions and climate change, “something our customers clearly care about.”
- With new board members, Omaha utility making moves toward low-carbon future, Midwest Energy News
Data on Life Cycle Greenhouse Gas Emissions from Renewable Energy Versus Fossil Fuels
- An introduction to the state of wind power in the U.S., by Philip Warburg, environmental lawyer and former president of the Conservation Law Foundation. Published by Yale Climate Connections. As a non-carbon-emitting technology, wind power has a big environmental advantage over its leading fossil fuel competitors. Onshore and offshore wind has a life cycle carbon footprint of 20 grams or less of CO2 equivalent per kilowatt-hour. The “cleanest” natural gas power plants – those that use combined cycle technology – produce more than 400 grams of CO2 equivalent per kilowatt-hour. Supercritical coal plants – the least polluting in the industry – generate close to 800 grams of CO2 equivalent per kilowatt-hour.
- Life Cycle Greenhouse Gas Emissions from Solar Photovoltaics, National Renewable Energy Laboratory. Photovoltaic (PV) solar has a life cycle carbon footprint of 40 grams or less of CO2 equivalent per kilowatt-hour.
Rocky Mountain Institute Study
- A New Economic Reality: Renewable Energy Is Now Cost-Competitive With New Gas, Solar Industry. The economics guiding U.S. investments in electricity generation have reached a historic tipping point: Combinations of solar, wind, storage, efficiency and demand response are now less expensive than most proposed gas power plant projects, claims new research from independent nonprofit Rocky Mountain Institute (RMI). According to an RMI report, The Growing Market for Clean Energy Portfolios, portfolios of these clean energy resources can provide the same energy and reliability services as traditional gas power plants; the difference is they cost less.
Related News Story
- The Stranded Asset Threat to Natural Gas, Greentech Media
There are $70 billion worth of natural-gas-fired power plants planned in the U.S. through the mid-2020s. But a combination of wind, solar, batteries and demand-side management could threaten up to 90 percent of those investments. New modeling from the Rocky Mountain Institute shows that more than 60 gigawatts of new gas plants are already economically challenged by those technologies. And by the mid-2030s, existing gas plants will be under threat. How severe is the threat? Could we eventually see tens of gigawatts of stranded gas plants? RMI set out to answer that question in two reports on the economics of gas generation and gas pipelines. The tipping point is now, it concludes.
What are “stranded assets?”
Stranded assets are now generally accepted to be fossil fuel supply and generation resources which, at some time prior to the end of their economic life (as assumed at the investment decision point), are no longer able to earn an economic return (i.e. meet the company’s internal rate of return), as a result of changes associated with the transition to a low-carbon economy.
Source: Carbon Tracker Initiative