Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017...

22
Adapting to change 17/08/2017 National Conference of State Legislatures Energy Policy Summit Jack Thirolf, Sr. Director of Regulatory Affairs Enel Green Power North America, Inc.

Transcript of Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017...

Page 1: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

Adapting to change

17/08/2017 National Conference of State Legislatures Energy Policy Summit

Jack Thirolf, Sr. Director of Regulatory AffairsEnel Green Power North America, Inc.

Page 2: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

2

Quick take

17/08/2017 “Adapting to change” – Jack Thirolf, Enel Green Power North America, Inc.

Page 3: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

Focus for this morning

1 Who/what is Enel? Large, innovative utility embracing and trying to lead the

transitions we’re talking about today.

2 Grid operators and utilities in many states have been utilizing demand

response, energy storage, and other advances to adapt to a rapidly changing

mix without sacrificing reliability. Yes! I will share with you a few examples of

Enel’s work and thinking.

3 Can changes in baseload energy resources be effectively managed with new

technologies and management practices? Yes, but we have to be smart and it

will increasingly require changes in system and market design.

4 How will markets incorporate and value these new approaches? Probably

reactively and through a diverse set of models. We have to value flexible resources

on the generation and demand side.

17/08/2017 “Adapting to change” – Jack Thirolf, Enel Green Power North America, Inc. 3

Will talk about four things

Page 4: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

17/08/2017 Business Development: South Africa (For Internal Use) 4

Who we are

Page 5: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

Enel Group worldwide

Thursday, 17 August 2017 Influence, Relevance, Growth Italy's opportunity and new paradigm" 5

Enel today: global and diversified operator1

1.As of 2016

Consolidated (35.9 GW) and managed (1.9 GW) capacity including 24.9 GW or large hydro

3.Presence with operating assets

Page 6: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

Enel Group Business Strategy

6

Enel operational targets by business lines

1.Includes only power and free gas customers

2.Free market + PPAs

3.Includes nuclear in Iberia

Page 7: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

Enel Group Business Strategy

7

Driven by change in strategy implemented three years ago

1.Excludes large hydro

2.Includes 3 million clients from Celg acquisitions.

Page 8: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

Enel Green Power North America

Data as of August 2016 8

Leading Operator of Renewable Energy

23 U.S. States, 2 Canadian Provinces

Over 3,300 MW operating capacity

Over 100 power plants in operation

4 renewable energy technologies

Over 500 Employees

Quadrupled its installed capacity in last 5 years

Started construction of additional 600 MW in 2017

Added more than 600 MW in 2016

Page 9: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

EGPNA milestones of growthQuadrupled operating capacity in the last five years

2000 2008 2010 2014 2016 1H 2017

261 MWEnel makes its first

international acquisition

in North America of 261

MW hydropower from

CHI Energy, Inc.

570 MWEnel Green Power is born

and it expanded its

portfolio to include wind,

biomass and geothermal

energy

800 MWEGP expands in Canada

and grows its portfolio

and geographical

diversification

2,000 MWThe company grows

significantly its wind

portfolio, enters new

state and cerates the

first of its kind hybrid

power plants

3,000 MWGrowth continues

with +1,100 MW in

construction in 2016,

an increased solar

portfolio, the largest

wind project

worldwide and new

C&I customers

3,300 MWGrowth continues

with 600 MW of new

construction, and the

acquisition of

Demand Energy

Networks

Page 10: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

10

Examples, technology

17/08/2017 “Adapting to change” – Jack Thirolf, Enel Green Power North America, Inc.

Page 11: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

The world is changing… so should we

17/08/2017 “Adapting to change” – Jack Thirolf, Enel Green Power North America, Inc. 11

More renewables, greater need for intelligence and flexibility

Page 12: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

Technology facilitating integration

17/08/2017 “Adapting to change” – Jack Thirolf, Enel Green Power North America, Inc. 12

Digitalization in Italy

Page 13: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

Technology facilitating integration

17/08/2017 “Adapting to change” – Jack Thirolf, Enel Green Power North America, Inc. 13

Additional steps toward…

Page 14: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

Technology facilitating integration

17/08/2017 “Adapting to change” – Jack Thirolf, Enel Green Power North America, Inc. 14

…Fully connected and flexible system

Page 15: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

Behind the meter storage

• Co-exists with other software platforms

• Cloud-based

• Leverages open source technologies to drive lowest

lifecycle costs

• Proprietary real time analytics

• Deep knowledge base

• Simulation and modeling tools for optimal site specific

configurations and highly predicable financial returns

• Complex fleet management and intelligent aggregation

• Sophisticated UI that integrates with any system or device

needed to manage, monitor, or maintain complex DER

solutions

Maximum financial returns from any combination of DER assets across any market and timeframe 15

Page 16: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

March, 2nd

2017

Futur-e

Futur-e ProjectMAIN FIGURES

23Power Plants

involved

13GW

Total power to bedecommissioned

4Power Plant sites already requalified

5Sites under

reconversion through a

“Calls for Projects”

procedure

1Power Plant site reconverted through Real Estate Process

1Ongoing Real Estate procedure

16

Page 17: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

March, 2nd

2017

Futur-e

Futur-e ProjectA SUSTAINABLE PROCESS

ENVIRONMENTAL SUSTAINABILITY

ECONOMICAL SUSTAINABILITY

SOCIAL SUSTAINABILITY

• Protecting the environment and local

lands and communities

• Reusing materials and revitalizing

site features

• Reducing CO2 emissions

• Creation of economic development

through site reconversion, promoting

the potentiality of local lands and

communities

• Business development opportunities

• Promotion of local natural, cultural

and artistic excellences and assets

• Creating shared value for our

business and for local communities

• Redeployment of ENEL employees

within other company divisions

• Retraining through ad hoc programs

• Promoting local employment as well

as new development opportunities

for local communities

SUSTAINABLE DEVELOPMENT

17

Futur-e

Page 18: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

18

Policy and markets

17/08/2017 “Adapting to change” – Jack Thirolf, Enel Green Power North America, Inc.

Page 19: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

Energy as a service

17/08/2017 “Adapting to change” – Jack Thirolf, Enel Green Power North America, Inc. 19

Top ten most active states of Q1 2017

Source: North Carolina Clean Energy Technology Center, The

50 States of Grid Modernization: Q1 2017 Quarterly Report ,

May 2017

Page 20: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

Energy as a service

17/08/2017 “Adapting to change” – Jack Thirolf, Enel Green Power North America, Inc. 20

Most common types of actions taken in Q1 2017

Source: North Carolina Clean

Energy Technology Center, The 50

States of Grid Modernization: Q1

2017 Quarterly Report , May 2017

Page 21: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

Challenges and choices for policymakers

• Value flexibility of supply and flexibility of demand at the wholesale and

retail levels.

- Wholesale: debate between pure energy vs. capacity + energy markets

vs. separate markets for variable power and dispatchable power.

- Retail: give customers choices for greater participation and control.

• Invest in the physical grid at the transmission and distribution levels,

including increased bandwidth.

- Enable the creation, aggregation, storage, analysis, sharing and

protection of data to facilitate the flexible system.

- Expand and integrate physical markets to decrease overall variability.

17/08/2017 “Adapting to change” – Jack Thirolf, Enel Green Power North America, Inc. 21

What policy chances sync with the customer demand and technologies?

Page 22: Adapting to Change - National Conference of State Legislatures · 2000 2008 2010 2014 2016 1H 2017 261 MW Enel makes its first international acquisition in North America of 261 MW

17/08/2017 “Adapting to change” – Jack Thirolf, Enel Green Power North America, Inc. 22

Thank you!

Jack Thirolf, Sr. Dir. of Regulatory Affairs

Enel Green Power North America, Inc.

[email protected]