Tag Archives: conservation

renewable energy projects

SRP, ASU partner to research renewable energy initiatives

Salt River Project (SRP) and the Conservation and Renewable Energy Collaboratory (CREC) at ASU’s College of Technology and Innovation (CTI) have partnered for a second year to award a $170,000 grant to fund research initiatives in renewable energy and conservation.

This year the SRP-CREC research program selected four projects for funding. Projects include: reliability and performance testing of batteries in hot and dry climates; solar hot water system testing and evaluation; use of algae for bioremediation of water; and evaluation of solar photovoltaic (PV) performance and degradation.

“CTI faculty and students collaboratively work with our industry partners like SRP to define important, use-inspired research problems,” said Mitzi Montoya, vice provost and dean of CTI. “Industry partners like SRP are the foundation of the college and provide an important component of our project-based learning and applied research model.”

In addition to its sponsorship of the CREC research program, SRP has been a long-standing supporter and sponsor of the iProjects program at CTI. iProjects pair students with mentors and companies to find solutions to real world-challenges. This year, two student teams will work on projects that will benefit SRP and the electric utility industry. One team will develop an electrical model that will allow the utility industry to better plan for and forecast the impact of distributed generation and energy storage methods on high penetration utility systems. A second team will work to develop a portable battery impedance tester for battery technicians to monitor battery state of health on solar installations and substations.

“During our partnership with CTI, we have engaged in innovative research with talented faculty and students on important issues affecting SRP and our customers,” said John Sullivan, SRP’s associate general manager and chief resources executive.  “We are pleased with the collaborative relationship that SRP is developing with CTI, and we look forward to continuing to develop this important partnership in the coming year.”

SRP-CFLbulbs

SRP Board Approves Price Decrease

The Salt River Project Board today approved a price decrease that will result in lowering customer bills by an overall average of 1.1% beginning in May.

The pricing plan reduces two components of SRP’s electric prices and will be in effect for the six summer billing months in 2013, saving a typical residential customer about $1.72 per month.

One of the price components covers program costs related to meeting renewable-energy and energy-efficiency standards, and complying with environmental mandates. The second component recovers fuel costs incurred to generate electricity as well as power purchases to serve customer needs.

The costs of these two components to SRP are directly passed to the customer and are not marked up. They are included in the energy charge amount on the monthly bill.
The lower-than-expected costs, totaling $20.5 million, resulted from:

· higher-than-expected, year-to-date electricity sales to customers,
· cost savings from a short-term sale of energy from a geothermal plant,
· lower-than-anticipated program costs, and
· lower-than-planned natural gas costs.

The temporary price reduction also reflects SRP’s effort to achieve its Sustainable Portfolio goals at a lower-than-anticipated cost to customers. The SRP Board has set a goal to meet 20 percent of SRP’s retail electricity requirements through sustainable resources by the year 2020.

Currently, SRP is ahead of schedule – providing more than 10 percent of retail energy needs with sustainable resources, which include renewable energy, hydro power, conservation, efficiency and pricing measures.

SRP budgets for environmental and fuel/purchased power costs based on current and projected market conditions. Under a mechanism approved by the Board, SRP staff regularly reviews actual costs and may adjust the associated price components if funds are significantly over-collected or under-collected for the expenses.

SRP is the third-largest public power utility in the country, serving about 970,000 electric customers.