CRA developed an outlook for commercial and industrial power prices over the next 30 years in Great Britain for a renewables company. Based on the National Grid 2019 Future Energy Scenarios, CRA forecast power prices for each of the four scenarios and engaged with the client to develop a base case forecast based on modifying a scenario to reflect most current understanding of future energy policy directions in the UK.
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...