Knowing your electric, natural gas, district cooling, district heating, water or other utility’s daily or hourly demand is critical for operations. Overestimating demand can result in unnecessary capital expenditures and unnecessary supply or capacity purchases. Underestimating demand can prove even worse, creating the potential for outages. Let Veritas help your organization to improve the accuracy of your demand model and save you money.
Integrated Resource Planning
Undertaking the IRP process can be daunting for any utility. Let Veritas work through your IRP process so that your staff has the time to focus on keeping the day to day operations run smoothly.
Demand and usage can fluctuate wildly due to weather patterns for any utility. By adjusting these statistics to a normal weather pattern, a more clear set of data emerges, allowing for more accurate planning and forecasting; meaning greater budget certainty to reduce expenditure surprises (positive or negative) in the future.
Your natural gas and electric capacity assets should be put to work for you. Capacity rights are often elected based on your peak demands, but thankfully this isn’t required every day. Let Veritas manage that capacity to earn back some of those capacity dollars and save your customers money.
Renewable Energy Modeling
How much solar should we buy/lease? How much wind energy is economic to purchase? These questions are being asked more and more. Having a comprehensive look at how these questions can be answered is critical for discussions with policy makers and for saving your customers money. Let Veritas provide a third party, independent look at the data to determine what projects your utility could most benefit form or, more importantly, should avoid.
Power Purchase Agreement Negotiation
Legal time is a scarce resource and something that should not be wasted. Let Veritas run the negotiations of your PPA to maximize the effectiveness of the time used with your legal team, saving you money and expediting the negotiation process.
Energy Storage Modeling
With evolving power markets due to overproduction, the correct sizing and dispatching of energy storage can mean the difference between recouping your energy storage investment and creating additional work for yourself with no return. Let Veritas simulate the installation of storage onto your project to see how different size storage projects and dispatch strategies will affect your bottom line.
Energy Dispatch Modeling
Developing dispatch models is critical to understanding when your organization is long or short on resources and how that affects your bottom line.
Let Veritas develop the models to visualize and understand your energy dispatch strategies.
Federal Hydropower Management
WRP, CROD, AHP, SHP, the acronyms and ways to use a federal hydropower allocation are endless. Let Veritas optimize the dispatch of your Federal Hydropower to maximize its economic efficiency.
Natural Gas Hydraulic Modeling
Ensuring adequate gas pressure to all customers in the most demanding conditions requires accurate hydraulic modeling. Let Veritas devleop and calibrate hydraulic models for your natural gas system.
Utility Master Planning
Understanding demand growth is one part of the puzzle, but the other part involves intelligently planning for how to react to that demand growth.
Veritas will work with you to understand your system’s growth, understand constraints to system expansion and put in place a plan to ensure that your system can meet all of the system growth scenarios.
NAESB and EEI Negotiation
Legal time is a scarce resource and something that should not be wasted. Let Veritas run the negotiations of your EEI or NAESB agreements to maximize the effectiveness of the time used with your legal team, saving you money and expediting the negotiation process.
Please note that VEA does not consult on matters regarding safety, operations and maintenance, but we are happy to refer you to our very capable industry partners.