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Hydropower Development under the Utility Concept of Least Cost Utility Planning

by Leslie Buttorff, Stone & Webster Management, Consultants, Inc., United States,



Document Type: Proceeding Paper

Part of: Waterpower '89

Abstract:

The impetus behind 'Least Cost Utility Planning' (LCUP) is that if new generation or purchased power could be deferred, the resultant savings could be used to implement the demand-side management strategies that would allow the deferral. This paper focuses on determining the least cost of providing service considering both demand and supply options on an equal basis under the constraints of reliability and risk to the consumer and utility. The six key components in this process that are discussed are load forecasting, analysis of demand-side options, analysis of supply-side options including hydropower, integration, and financial and risk analyses. This LCUP approach integrates these components into a structured process.

Subject Headings: Hydro power | Utilities | Benefit cost ratios | Risk management | Power plants | Electric power | Power demand

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