Hawaiian Electric Companies Release Power Supply Improvement Plan Update

Ascend Analytics has been working vigorously to help Hawaiian Electric Companies (HECO) update their energy plans, which outlines a plan charting the near-term actions that will lead to the use of renewable resources to meet 100% of Hawai’i’s power generation needs by 2045.

HECO’s 2016 Power Supply Improvement Plan (PSIP) Update outlines a detailed plan charting the specific actions for the years 2017 through 2021 to accelerate the achievement of Hawai’i’s 100% Renewable Portfolio Standard (RPS) by 2045.

The work that went into creating the PSIP incorporated Renewable Energy Planning Principles, which helped guide the creation and direction of the plan.

For details and more information, please see the links below!

Solar Irradiance Nowcasting Case Studies Near Sacramento

Check out the article, “Solar Irradiance Nowcasting Case Studies Near Sacramento” to learn about the solar power forecasting system, designed to predict solar irradiance and power generation at solar farms.

The system is comprised of several component models operating on both the nowcasting and day-ahead forecast horizons. The different nowcasting models include a statistical forecasting model, two satellite-based forecasting models, and a numerical weather prediction model. It is important to better understand and assess the strengths and weaknesses of these short-range models in order to facilitate further improvements.

Tyler McCandless, co-author of the article and Project Manager here at Ascend, helped write the paper from his dissertation research. The paper has been published in the Journal of Applied Meteorology & Climatology.

Click Here to Read the Article!

Fundamentals of Integrated Resource Design Plans

On October 17-18, Dr. Gary Dorris, CEO & Co-Founder of Ascend Analytics will be teaching a course on the Fundamentals of Integrated Resource Design Plans. The course will take place at the SCPPA (Southern California Public Power Authority) offices in Glendora, CA and is open to members of SCPPA. As of now, 30+ registered members have already signed up for the course!

Much of the course content will focus on California Senate Bill 350 “Clean Energy and Pollution Reduction Act of 2015”. To summarize, this legislation requires that California is producing 50% of its electricity from renewables by the year 2030. For more information and course details, please click here!

 

Best Practices in Portfolio Hedging for Utilities

Ascend Analytics welcomes you to attend the “Best Practices in Portfolio Hedging for Utilities” course on October 6-7, 2016 taking place in Chicago, IL. This 2-day course provides a hands-on experience that will walk attendees through exercises on portfolio hedging for real utility portfolios. You will learn the steps and techniques necessary to effectively manage portfolio positions, adhere to budgets and risk limits, and to optimize operations.

For course details, registration information, and to download the official brochure, click here!