Power System Economics
The power system in the United States is changing. Non-traditional solutions to power system needs are becoming more common. These new solutions include more renewable resources on the generation side and non-transmission-alternatives (NTAs) on the transmission side. Micro-grids and distributed resources may become the norm. A key driver of decisions about these non-traditional solutions is economics. RLC has the capability to analyze those economics considering the cost of construction, market and congestion, and revenue requirement perspectives.
Power System Economics Studies Performed:
- Construction cost estimates for transmission projects in Maine.
- Construction cost estimates for projects in New Hampshire.
- Comparison of revenue requirements for DC and AC interconnection options in the Boston area.
- Revenue requirement comparison of transmission solutions to NTAs.
- Congestion analyses in Maine and New York.