Engineering & Technology Management
Renewable energy sources -- Mathematical models, Biomass energy, Solar energy, Wind power, Geothermal energy, Energy consumption -- Oregon -- Forecasting
Oregon imports most of the energy from out of the state. In 2009, Oregonians spent more than $14 billion on energy consumption. Oregon has been a leader in conservation energy, in the development of renewable energy and in growth of green jobs. Promoting a diversity of renewable energy generating resources in Oregon is good energy policy for a state that has an electricity system heavily dependent on hydropower and increasingly dependent on fossil fuels. Oregon is already making use of renewable technologies including hydro, wind, direct use of geothermal, biomass, and solar. By building on these achievements, Oregon thrives to continue to be a leader on renewable energy policy and aims to meet a large fraction of its energy needs with new renewables by the year 2025.
Governor Kulonguski says “We can make Oregon the national leader in renewable energy and renewable product manufacturing. Development of renewable energy will lessen our reliance on fossil, protect Oregon’s clean air and create jobs.” Some of the benefits of renewable energy include risk mitigation of the fluctuations in prices and availability of fossil fuels towards a more sustainable source. Economic development and job creation though locally established power plants. Environmental benefits from using abundantly available natural sources that causes far lesser impact on the environment.
Objective of this paper is to propose an economic portfolio model for sustainable energy generation in the State of Oregon by year 2020. We are considering Biomass, Hydroelectric, Solar, Wind and Geothermal energy sources. We also project Oregon’s future supply and generation requirements in terms of costs and plant capacity to fulfill their demand for energy though in-state renewable energy sources. Refer main paper (refer ETM 590 Spring 2012 team 2 paper) for details of the current energy situation and renewable energy sources evaluation.
Talla, Rajasree; Talla, Rajesh; and Natarajan, Rupha, "Models for Energy Portfolio of Sustainable Energy Sources in Oregon: Minority Report – Group 2" (2012). Engineering and Technology Management Student Projects. 516.