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FBO DAILY ISSUE OF MARCH 07, 2012 FBO #3756
SOLICITATION NOTICE

R -- Economic Assessment of Resource Adequacy Requirements - Attachment

Notice Date
3/5/2012
 
Notice Type
Combined Synopsis/Solicitation
 
NAICS
541611 — Administrative Management and General Management Consulting Services
 
Contracting Office
Federal Energy Regulatory Commission;Procurement Division;Attn:;888 First Street, NE, Room 4J;Washington DC 20426
 
ZIP Code
20426
 
Solicitation Number
FERC12R0031
 
Response Due
4/3/2012
 
Archive Date
6/2/2012
 
Point of Contact
Marc G. MacKeigan, Contracting Officer
 
E-Mail Address
Procurement Analyst
(marc.mackeigan@ferc.gov)
 
Small Business Set-Aside
N/A
 
Description
FERC-12-R-0031 PAST-PERFORMANCE QUESTIONNAIRE ECONOMIC ASSESSMENT.DOC FERC-12-R-0031 FERC-12-R-0031_1.docx This project is designed to assess the economic implications of the predominant resource adequacy standard that requires generation capacity to be procured to ensure that electricity demand is curtailed due to lack of generation capacity only 1 day in any 10 year period. This project will (1)Describe how the 1 day in 10 year resource adequacy standard is defined and utilized in various jurisdictions across the country; (2)Develop case studies resembling existing regional transmission organization (RTO) and independent system operator (ISO) footprints and use a probabilistic simulation model to examine how target reserve margins and total economic and reliability costs change across different interpretations of the 1 day in 10 year standard; (3)Use these case studies to examine how these target reserve margins compare to the economically efficient risk neutral and risk-adjusted reserve margins. The case studies will include analysis on systems varied by system size, resource mix, loads, import capabilities, demand response, and penetration of intermittent resources. This project will culminate in the contractor's reports that document the assumptions and key findings of the scope of work summarized above. This project will feed directly into the Office of Energy Policy's (OEPI) broader project that is designed to achieve the Commission's strategic goal to promote operational efficiency in wholesale markets through the exploration and encouragement of the use of software and hardware that will optimize market operations. The research conducted will inform potential future policy reforms designed to most efficiently use the resources available and create incentives for new resources, when appropriate, to ensure reliability.
 
Web Link
FBO.gov Permalink
(https://www.fbo.gov/spg/FERC/OFAO/WashingtonDC/FERC12R0031/listing.html)
 
Place of Performance
Address: Federal Energy Regulatory Commission;888 First Street NE;Washington, DC
Zip Code: 20426
 
Record
SN02688912-W 20120307/120305234018-6998f515231b21b3638fa59c5bd25016 (fbodaily.com)
 
Source
FedBizOpps Link to This Notice
(may not be valid after Archive Date)

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