As various government requirements and available technologies for meeting customers’ energy needs change rapidly – locally and nationally − utilities are facing important decisions regarding their future energy supply needs.
In conjunction with Traditional Generation resources, utilities find that they now need to consider Energy Innovation (EI) programs:
Along with Energy Innovation considerations, the costs associated with carbon and other greenhouse gas impacts need to be addressed as well. To assist with these decisions, EnerVision developed our Total Energy Planning process − a decision-making tool to help with defining energy resource strategies and goals.
EnerVision’s Total Energy Planning process incorporates Energy Innovation, Renewable Energy and Traditional Generation resources in defining the utility’s energy services for its customers with:
The chart below illustrates EnerVision’s Total Energy Planning process which helps determine the best combination of Energy Innovation Programs and Renewables/REC opportunities along with Traditional Generation resources in order to develop a viable and beneficial Total Energy Plan tailored to meet each client’s individual energy needs.
EnerVision understands the various components in each aspect involved in making these critical power supply choices. There is not one simple or easy solution since many areas need to be considered to comprise the best options for our clients.
The key challenge in the electric utility industry will be to stay ahead of government regulation and re-regulation.
The chart below illustrates how, with the many legislative regulations being implemented over the next few years, the need to plan for Energy Innovation and Renewables / RECs solutions will increase over time as traditional generation options are becoming increasingly harder to implement.