GC065-02
Water Risk for the Bulk Power System: Asset to Grid Impacts
Abstract:
This presentation will introduce a new Water Risk project that aims to evaluate water risk to the power grid. We will present results from our new study on water risk metrics, which is a key motivation for the project, and shows the need for improved understanding of water risk. The study provides a comprehensive analysis, comparison, and harmonization of published water scarcity metrics that are used to inform water resource management and sustainable development across energy, water and food systems. However, the study highlights the widespread use of different, inconsistent or incomplete metrics across the water resource research community. This lack of systematic evaluation of water risk could lead to a misunderstanding of water scarcity challenges and misguided prioritization of potential water scarcity solutions.
Based on the need for a coherent, systematic approach to understand water risk to the power grid, this research is motivated by two overarching goals: (1) To provide a comprehensive understanding of water impacts and risks to grid operations, including sensitivities to varying climate-hydrologic drivers and infrastructure futures, ranging from individual generating assets to regional- and national-scale threat assessments, and; (2) To create a national-scale analysis and visualization platform that enables utilities and system operators to evaluate water-related impacts and risks of existing and new grid assets that can inform grid operations and investment decisions.