Power System Transformation
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Transcript of Power System Transformation
OPSI Annual Meeting
Session 4: Future Generation Mix in PJM
Arshad Mansoor
Senior Vice President
October 7, 2013
Power System Transformation
2© 2013 Electric Power Research Institute, Inc. All rights reserved.
Unprecedented Pace and Scale of Change
Driven by Technology, Policy, and Consumer Expectation
• Shale gas
• Variable generation (wind and solar)
• Local generation
• Demand for electricity
• Cyber & Physical security
• Energy and environment policy
3© 2013 Electric Power Research Institute, Inc. All rights reserved.
Adapting to ChangePower System Transformation
A Highly Interconnected Power System that Optimizes Energy ResourcesA Resilient, Flexible, and Connected System
4© 2013 Electric Power Research Institute, Inc. All rights reserved.
The Imperative for Transformation: Grid Reliability & Energy Affordability
The European Network of Transmission System Operators for Electricity (Entsoe)
October 04, 2013
• Major Capacity outage during times of high variable generation would pose “a severe risk for the system to collapse.”
• The reduction in fault levels weakens the overall strength of the network resulting in quality of supply issues such as large voltage steps, harmonics and flicker
Energy Affordability
• German Residential Electricity Price: 40c/kWh and rising
• Spain: $25.5B Euro deficit since renewable subsidies were not recovered through rates because of price cap