The energy industry faces many issues in the 21st century and a phase change in energy is emerging that will have a major impact on established energy firms. This topic was explored in detail in a recent book sponsored by CRA, Terra Incognita: A Navigation Aid for Energy Leaders. We are profiling this thought provoking topic and many of the authors’ compelling conclusions in this edition of our newsletter.
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...