Rosario Strait Tidal Energy plus Energy Storage — Preliminary Economic Assessment
The Orcas Power and Light Co-op (OPALCO) is a non-profit utility that provides energy services to approximately 11,700 customers across 20 islands in San Juan County, Washington. OPALCO is developing a diverse set of local renewable energy resources to reduce dependence on mainland Washington State for energy and to reduce the regional need for fossil-fueled power. OPALCO’s load doubles in winter but solar production is roughly 20% of levels reached in summer periods. Tidal energy is strong year-round, night and day, and is predictable, requiring much less storage to firm it. To assess the technical and economic feasibility of tidal power, working in combination with multiple other distributed energy resources (DERs), Argonne National Laboratory (Argonne) employed an optimization model to evaluate several economic benefits associated with varying scales of tidal power of between 2.4 and 9.6 megawatts (MW) and other DERs. In addition to existing photovoltaic (PV) and battery energy storage system (BESS) resources located on Decatur Island, Argonne also evaluated the addition of a BESS on southern Orcas Island with power and energy capacities ranging from 1-4 MW and 2-4 hours in storage duration.