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Virus-free. www.avast.com |
At today's meeting, four members of the Santa Fe Institute presented to the PRC on "Energy Transition in New Mexico"
In summary, the change from fossil fuel to renewables plus an improved grid and sales to other states, notably CA and AZ, in the future, will require a much different and more efficient production and distribution of electric power. From other mattes at the PRC, I sense that the Avangrid purchase of PRC will make the process flow better.
Here is some background material on the lead presenter from the Santa Fe Institute:
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associate professor and hop farmer* |
i am an associate professor in the leone family department of energy and mineral engineering at penn state university, chair of the energy business and finance program and the co-director of the energy and environmental economics and policy initiative at penn state. i teach undergraduate courses and advise students in the energy business and finance program. i also teach public policy and economics courses to graduate students in science, engineering and other technical fields across the university. I have strong interests in helping professionals and students address policy-relevant problems related to energy and environmental systems and technologies. you can learn more about my interests and view some relevant publications on my research page. broadly, my teaching and research falls in these areas:
My dissertation examined
several implications of the braess paradox for
network behavior and transmission investment, planning, and
pricing in electric power systems. i earned
my ph.d. through the department of engineering and
public policy at carnegie mellon, and was associated with the carnegie mellon electricity
industry center. my dissertation
was supervised by lester lave, marija ilic,
jay apt, and sarosh talukdar.
The Santa Fe Institute was hired about one year ago to assist the PRC in its work.
Here is some background on the Santa Fe Institute, and more information can be found at its web site.
Operated as an independent, nonprofit 501(c)(3), the Santa Fe Institute is the world's leading research center for complex systems scie
Our researchers endeavor to understand and unify the underlying, shared patterns in complex physical, biological, social, cultural, technological, and even possible astrobiological worlds. Our global research network of scholars spans borders, departments, and disciplines, unifying curious minds steeped in rigorous logical, mathematical, and computational reasoning. As we reveal the unseen mechanisms and processes that shape these evolving worlds, we seek to use this understanding to promote the well-being of humankind and of life on earth. One of the goals the PRC hopes to learn from the SFI is ways to reduce the costs of operation for electric utilities, as the current practice does not favor or reward cost control. The PRC is also working with PNM to learn how large is the customer owned Solar Power system now, and where it might be, as customer solar is a lost forever customer. George Richmond -- George M. Richmond 152 Juniper Hill Road, NE Albuquerque, NM 87122-1913 C: 505-280-2105 E: geomrich1@comcast.net