Yesterday, Tri-State Generation & Transmission Association launched its "transformative" Responsible Energy Plan, which will "dramatically and rapidly advance the wholesale power supply cooperative’s clean energy portfolio." Last week, the utility announced the retirement of its last coal-fired power plants in New Mexico and Colorado. These two announcements provide context for a presentation at the Ammonia Energy Conference in November 2019, entitled Market Integrated Ammonia. Its conclusion — highly relevant for a utility that is closing its coal plants and increasing renewables to 50% by 2024 — is that in a wholesale electricity market with increased volatility, renewable ammonia could be produced at the extremely low cost of $96 per tonne.
Content Related to Tri-State Generation and Transmission
Presentation
Green Ammonia Production Integrated into US Wholesale Power Markets
The High Plains and Rocky Mountain regions of the United States have some of the best renewable energy resources in the world. As more non-dispatchable wind and solar generation is integrated into the power system, it is impacting wholesale power markets. Average wholesale electricity power prices are falling while their volatility is increasing. This creates opportunities for large flexible loads that are capable of consuming energy while prices are low and not consuming energy when prices are high. Result from an analysis of dispatchable fully electric ammonia production integrated into the power system are presented.
Presentation
Ammonia in electricity generation
Ammonia in electricity generation Shaun Mann, Tri-State Generation and Transmission