Analyzing Renewables in a Utility Energy Mix

Renewables pose real challenges for utility operators, particularly solar and wind power. Renewables such as biomass, geothermal, and hydro, however, are as controllable as fossil fuel plants. How do you account for the uncertainty inherent in the more unpredictable sources of renewable energy? Using DecisionTools Suite products @RISK, Evolver, and RISKOptimizer, the author examines unique ways to approach these challenges from a simple spreadsheet.

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Renewables pose real challenges for utility operators, particularly solar and wind power. Renewables such as biomass, geothermal, and hydro, however, are as controllable as fossil fuel plants. How do you account for the uncertainty inherent in the more unpredictable sources of renewable energy? Using DecisionTools Suite products @RISK, Evolver, and RISKOptimizer, the author examines unique ways to approach these challenges from a simple spreadsheet.

Click here to read the article.