Difference between revisions of "GCDAMP- GTMAX"
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− | + | __NOTOC__ __NOEDITSECTION__ | |
− | + | <!-- | |
+ | ------------------------------Banner across top of page------------------------------> | ||
+ | {| style="width:100%; background:#fcfcfc; margin-top:1.2em; border:1px solid #ccc;" | ||
+ | |style="width:25%; color:#000"| <!-- | ||
+ | ---------------------> | ||
+ | <table class=MsoTableGrid border=0 cellspacing=0 cellpadding=0 | ||
+ | style='border-collapse:collapse;mso-yfti-tbllook:480;mso-padding-alt:0in 5.4pt 0in 5.4pt'> | ||
+ | <tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes'> | ||
+ | <td width=40% valign=bottom align=left style='width:2.05in;padding:0in 5.4pt 0in 5.4pt'> | ||
+ | <p class=MsoNormal></p> | ||
+ | </td> | ||
+ | </tr> | ||
+ | </table> | ||
− | + | [[Image:GTMAX- Screen-PIC.jpg|center|300px]] <br> | |
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− | + | ||
− | ---- | + | <!-- |
− | [ | + | |
+ | ------------Portal list on righthand side----------> | ||
+ | |style="width:60%; font-size:120%;"| | ||
+ | |||
+ | *GTMax stands for '''G'''eneration and '''T'''ransmission '''Max'''imization | ||
+ | *GTMax: A model used to analyze deregulated power market issues | ||
+ | |||
+ | *WAPA, USBR, FWS, use GTMax to analyze the economics of hydropower systems in the Western U.S. | ||
+ | |||
+ | |}<!-- | ||
+ | |||
+ | ----------Strapline immediately below banner----------> | ||
+ | {| style="width:100%; height:50px" border=1px solid #ccc; background:#cedff2 | ||
+ | ! style="width=33%; background:#cedff2;" | -- <br> | ||
+ | ! style="width=33%; background:#cedff2;" | -- <br> | ||
+ | ! style="width=33%; background:#cedff2;" | -- <br> | ||
+ | |} | ||
+ | |||
+ | {|style="margin:0px 0px 0px 0px; background:none;" | ||
+ | |class="MainPageBG" style="width:55%; border:1px solid #cef2e0; background:#f5faff; vertical-align:top; color:#000;"| | ||
+ | {|width="100%" cellpadding="2" cellspacing="5" style="vertical-align:top; background:#f5faff;" | ||
+ | ! <h2 style="margin:0; background:#cedff2; font-size:120%; font-weight:bold; border:1px solid #a3bfb1; text-align:left; color:#000; padding:0.2em 0.4em;">'''Purpose of GTMax Related to GCDAMP'''</h2> | ||
+ | |- | ||
+ | |style="color:#000;"| | ||
+ | |||
+ | #Tool used to assist Western in making its operation of the CRSP powerplants more efficient | ||
+ | #To estimate the electrical power production impacts of different operational regimes. | ||
+ | #GTMax-Lite (and GTMax) has been used successfully to model operations at Glen Canyon Dam and other Salt Lake City Area Integrated Project dams for many years. (SDM workshop-2013) | ||
+ | |||
+ | |||
+ | |} | ||
+ | |||
+ | |||
+ | <!-- | ||
+ | |||
+ | --------------------------------ADDITIONAL-------------------------------> | ||
+ | |class="MainPageBG" style="width:45%; border:1px solid #cedff2; background:#f5faff; vertical-align:top;"| | ||
+ | {| width="100%" cellpadding="2" cellspacing="5" style="vertical-align:top; background:#f5faff;" | ||
+ | ! <h2 style="margin:0; background:#cedff2; font-size:120%; font-weight:bold; border:1px solid #a3b0bf; text-align:left; color:#000; padding:0.2em 0.4em;">Links</h2> | ||
+ | |- | ||
+ | |style="color:#000;"| | ||
+ | |||
+ | *[https://ceeesa.es.anl.gov/projects/Gtmax.html GTMax site at Argonne] | ||
+ | |||
+ | |- | ||
+ | ! <h2 style="margin:0; background:#cedff2; font-size:120%; font-weight:bold; border:1px solid #a3b0bf; text-align:left; color:#000; padding:0.2em 0.4em;">Projects</h2> | ||
+ | |- | ||
+ | |style="color:#000;"| | ||
+ | |||
+ | |||
+ | |- | ||
+ | ! <h2 style="margin:0; background:#cedff2; font-size:120%; font-weight:bold; border:1px solid #a3b0bf; text-align:left; color:#000; padding:0.2em 0.4em;">Presentations and Papers</h2> | ||
+ | |- | ||
+ | |style="color:#000;"| | ||
+ | |||
+ | *[[Media:GTMax Rpt Final.pdf |GT Max Final Products of 2011 Hydropower KA and GT Max Model review workshop]] | ||
+ | *[https://www.usbr.gov/uc/progact/amp/amwg/2010-08-24-amwg-meeting/Attach_02a.pdf AMWG presentation: Socioeconomic Workshop and Panel Report] | ||
+ | *[https://www.usbr.gov/uc/progact/amp/twg/2010-11-15-twg-meeting/Attach_08a.pdf Final Report of the GCMRC Socioeconomic Research Review Panel] | ||
+ | *[https://www.usbr.gov/uc/progact/amp/pdfs/GTMaxModel/GTMax-Final-Rpt-main.pdf FINAL REPORT OF THE GTMAX MODEL REVIEW PANEL] | ||
+ | *[https://www.usbr.gov/uc/progact/amp/pdfs/GTMaxModel/Workshop-Particip-Resp.pdf Workshop participants' responses to the final report ] | ||
+ | *[https://www.usbr.gov/uc/progact/amp/pdfs/GTMaxModel/Expert-Panelists-Resp.pdf Panel's responses to workshop participants responses ] | ||
+ | |||
+ | |- | ||
+ | ! <h2 style="margin:0; background:#cedff2; font-size:120%; font-weight:bold; border:1px solid #a3b0bf; text-align:left; color:#000; padding:0.2em 0.4em;">Revenue Versus Cost</h2> | ||
+ | |- | ||
+ | |style="color:#000;"| | ||
+ | |||
+ | In addition to numerous references to maximizing revenues and improving profits, the author(s) state | ||
+ | that “minimizing costs may not be the most important objective”, and proceed to suggest that | ||
+ | maximizing revenues would constitute a mathematically equivalent approach. | ||
+ | |||
+ | From a WAPA customer perspective, we believe that there is a significant policy-level difference | ||
+ | between a statutory obligation that requires WAPA to market federal project hydropower at the lowest | ||
+ | possible rates to consumers consistent with sound business practices, and a revenue maximization goal. | ||
+ | On one hand, the author(s) correctly observe that the objective function of the GT Max model is to | ||
+ | minimize cost. In this regard, we believe that WAPA and Argonne have correctly oriented the tool so as | ||
+ | to be reflective of WAPA’s legal obligation. | ||
+ | |||
+ | On the other hand, the author(s) describe the business area where 100% of WAPA’s customers reside | ||
+ | as “the regulated IOU business model”, which suggests to us that the author(s) may not understand | ||
+ | the public power characteristics of WAPA’s customers. | ||
+ | |||
+ | The foregoing observations notwithstanding, the real damage in the revenue versus cost discussion is | ||
+ | the promulgation of the misleading suggestion that utility business entities (WAPA, WAPA’s customers, | ||
+ | other public power entities, IOUs, etc.) are exclusively focused on maximizing profits. This is | ||
+ | particularly harmful in the AMP arena, where the majority of participants are not utility business | ||
+ | professionals, and a perception that “profits trump natural resources” could be reinforced. | ||
+ | As in items 3-4 above, the promotion of false perceptions such as this serves only to establish or | ||
+ | strengthen barriers among AMP stakeholders who might otherwise be able to collaborate more | ||
+ | effectively. [https://www.usbr.gov/uc/progact/amp/pdfs/GTMaxModel/Workshop-Particip-Resp.pdf] | ||
+ | |||
+ | |||
+ | |} | ||
+ | |||
+ | |||
+ | <Span></Span> |
Revision as of 10:42, 15 April 2024
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