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Iowa State Hosts Second Public Workshop for Solar and Wind Energy Using Engineering Economics Theory

8/2/2022

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This mid-day workshop will help utilities and independent power producers plan strategically for the future and apply engineering economic principles when making decisions about new sources of renewable power and new transmission lines. The purpose of the workshop is to explore the fundamentals behind making economic decisions to purchase new sources of generation and build new transmission lines.

Multiple IAMU employees attended the previous SWEEET workshop in 2021, and would highly recommend any IAMU members attend this event who are interested in generation and transmission projects.

This workshop will focus on solving real-world problems in electricity planning. The workshop will explore the following topics:
  • Introduction of Excel tool with newly designed user interface to calculate optimal power flow
  • Real options for new sources of generation and additional transmission capacity
  • A farmer’s decision to lease land for a wind turbine and the influence of risk aversion on the farmer’s decision

This workshop will be held on Monday, August 8, 2022 from 10 am – 2 pm in 2004 Black Engineering, Iowa State University, Ames, Iowa. Lunch will be provided.

Click HERE for a workshop agenda and more information about this event.

Registration: There is no registration fee, but registration prior to the workshop is required. To register, please send your name, affiliation, and email to Cameron MacKenzie, 515-294-6283, camacken@iastate.edu.  
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