Assessing the Financial Feasibility of Utility-Provided Backup Power during Project Site Planning
Publication: Journal of Energy Engineering
Volume 132, Issue 1
Abstract
The events leading to the sudden and catastrophic failure of the North American power grid during August 2003 coupled with a record hurricane season a year later have civil engineers rethinking cost-effective backup power solutions for their clients. Electric deregulation across many areas of the United States has utilities looking for new value-added products and services to protect and acquire market shares. As a result, a new partnership has emerged between site planners and utilities to provide affordable backup power to the customer. Case studies are provided for a backup power project for a 367-bed hospital and a parallel power project for an insurance call center located in Gainesville, Fla. Results for each show competitive pricing for the client and attractive returns for the utility.
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References
Office of Energy Assurance (USDOE). (2004). “Hurricane Charley situation report.” ⟨http://www.ea.doe.gov/pdfs/hurrcharley_sitrept_081504_1500.pdf⟩ (Sep. 14, 2004).
Scicchitano, M., Grosskopf, K. R., and Shepherd, W. J. (2002). Survey of Gainesville Regional Utilities’ Corporate Customers regarding backup generation, Florida Survey Research Center, Univ. of Florida, Gainesville, Fla.
Varela, R., ed. (2003). “Blackout: Public power utilities recount what happened.” Public Power Weekly, Issue 35, 25 September 2003.
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© 2006 ASCE.
History
Received: Oct 19, 2004
Accepted: Mar 15, 2005
Published online: Apr 1, 2006
Published in print: Apr 2006
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