White Papers and Books

Anbaric White Paper – Reaching New York’s 50 by 30 Goal
A simple strategy to meet New York’s 50 by 30 goal at an affordable price

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Summary: This white paper offers a roadmap on how to achieve the 50 by 30 commitment and the Clean Energy Standard: it proposes an inter-regional market in renewable energy. This region-wide market, anchored in expanded transmission links between New York and its neighbors as well as within the State, will provide electricity users throughout northeastern North America with access to the affordable renewable energy that is all around us, but, for some missing transmission lines, cannot be fully used.

Anbaric White Paper – Transforming Metropolitan New York Into An Energy Hub For The 21st Century
Transmission Infrastructure And Microgrids To Increase Reliability, Spur Innovation, And Stimulate Regional Growth

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Summary: “As we envision the grid of the future, we should start with the recognition that our tri-State area is a single, interconnected region. In light of the political, regulatory, and administrative divisions that balkanize the region’s energy, how can we create a grid that is a platform for innovation?” Ed Krapels and Clarke Bruno present this White Paper in New York RPA’s Energy Research Roundtable, June 2013. 

Anbaric White Paper: Electric Transmission in New England

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Summary: With the new Federal RPS of 15%, the collective states of New England will have to be generating approximately 22 million MWhs of electricity by the year 2020. This will require the addition of capacity over the next 11 years to generate tens of millions of MWhs on top of the renewables already used in New England. Given the lack of strong renewable sources in the load areas to the south and the wealth of resources to the north and offshore, both generation and transmission will be needed to meet the collective renewable needs of the states. Anbaric puts forth a three-phase plan to add not only generation (like the Cape Wind project) but also transmission upgrades to bring existing renewable resources, including offshore wind, to load centers. Note: This paper is a draft and comments are welcome. 

Mr. Krapels’ Testimony submitted to the Senate Committee on Energy and Natural Resources

Mr. Krapels’ testimony submitted to the Senate Committee on Energy and Natural Resources on the occasion of its hearing on transmission policy can be downloaded here (PDF, 36K).

Summary: Mr. Krapels encourages Congress to take a number of actions to foster the development of transmission, including: broadening the range of reasons for which system planners choose transmission projects to include incorporating renewable energy, instead of the “reliability-only” criteria currently in place; empowering FERC to approve inter-regional projects, when disagreements between regions arise; empowering FERC to impose cost allocation solutions, when delivery of renewable energy is in question; and to make explicit competition for the development of transmission resources.

Anbaric White Paper – Integrating 200,000 MWs of Renewable Energy into the US Power Grid: A Practical Proposal

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Summary: The subject of this white paper is Mr. Krapels’ vision for the development of the U.S. Electric Grid in order to support new Renewable Energy generation. In it, he advocates a regional approach to grid development, including a focus in the Northeast and North Atlantic region on offshore wind resources.

He suggests that FERC consider preparation of a “Renewable Development Order” that would empower regional system planners to use compliance with RPS and carbon standards as legitimate criteria for causing transmission to be developed. He also suggests that, with FERC oversight, state regulators, utilities, and public authorities ought to use long-term and competitively awarded Power Purchase Agreements to help finance both Renewables and transmission.


Ed Krapels’s Past Publications:

Crude Oil Hedging: Benchmarking Price Protection Strategies

Summary: An analysis of five core hedging strategies, this book provides quantitative assessments of each strategy’s cost and benefits, as well as price correlations and liquidity effects on Nymex vs IPE.

This book can be purchased here.

Electricity Trading and Hedging: Benchmarking Price Protection Strategies

Summary: This text shows decision-makers how they can build a rationale for hedging and trading in the new power markets in the US and Europe. It also covers breaking market issues such as the role and risks of trading power on the internet and the implications of the July 1999 power price spike. Further, it explains how the electricity markets work, offers market analysis, discusses hedging and trading in electricity markets and offers conclusions.This book can be purchased here.

Natural Gas Hedging: Benchmarking Price Protection Strategies

Summary: An in-depth analysis of the rationale of hedging in the US natural gas market with a quantitative analysis of the effects of four key hedging strategies. This book can be purchased here.

Anbaric and Ontario Teachers’ Announce Clean Energy Development Partnership

Anbaric and Ontario Teachers’ Pension Plan announce a new development company Anbaric Development Partners . The partnership will develop clean energy infrastructure projects in North America, accelerating the revitalization of aging transmission networks. (Read More)

Anbaric: A Company Overview




Anbaric Microgrid

Residents, businesses, and policymakers alike have called for microgrid development in New York. Anbaric and Exelon have responded with Anbaric Microgrid, an initiative that will establish large-scale microgrids ranging from 10 to 200 megawatts at strategic locations throughout the state. (Read More)