Grid Modernization: Data - Essential Elements for Change

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Grid Modernization: Data - Essential Elements for Change Peter Kelly-Detwiler, PKD Energy, LLC PKD Energy, LLC

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Grid Modernization: Data - Essential Elements for Change. Peter Kelly-Detwiler, PKD Energy, LLC. Q: What Are the Functions We Want Modern Grid to Be Able to Support?. A: Anything that helps to unlock our latent elasticities. You Wouldn’t Buy A Salad This Way…. - PowerPoint PPT Presentation

Transcript of Grid Modernization: Data - Essential Elements for Change

Page 1: Grid Modernization:  Data - Essential Elements for Change

PKD Energy, LLC

Grid Modernization: Data - Essential Elements for

Change

Peter Kelly-Detwiler, PKD Energy, LLC

Page 2: Grid Modernization:  Data - Essential Elements for Change

PKD Energy, LLC

Q: What Are the Functions We Want Modern Grid to Be Able to Support?

A: Anything that helps to unlock our latent elasticities.

Page 3: Grid Modernization:  Data - Essential Elements for Change

PKD Energy, LLC

You Wouldn’t Buy A Salad This Way…

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PKD Energy, LLC

Optimization of Modern Grid Cannot Occur Without Real-Time Data (price and usage)

The more granular, the better.

Storage will need it.

Responsive assets will need it.

More renewable integration can occur.

Localized optimization can occur.

Internet of things (ubiquitous chip sets) will assist.

End result: more economically competitive.

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PKD Energy, LLC

Real-Time Pricing Reflects True Value of Assets

Some resources have higher values:

Solar

Distributed gen

Storage

Responsive demand

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PKD Energy, LLC

Data on Impact of Responsive Load

If your load is more elastic, how much does that save everybody else? PJM $6 mn DR payments resulted in $650 mn in lower energy costs.

9,300 MW of DR and EE cleared in the 2013/14 PJM auction, savings consumers est’d add’l $11.8 billion.

Sources: PJM, EnerNOC

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PKD Energy, LLC

How to Do It and Who Pays?

Utilities provide real-time usage data w/no more than 5-minute latency.

Customer password required for access.

Charges can be passed to whoever is accessing; others don’t pay.

All customers benefit from lower overall system costs w/optimized solutions: solar, EVs, micro-gen, price-responsive assets.