Power System Transformation

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OPSI Annual Meeting Session 4: Future Generation Mix in PJM Arshad Mansoor Senior Vice President October 7, 2013 Power System Transformation

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Power System Transformation. OPSI Annual Meeting Session 4: Future Generation Mix in PJM Arshad Mansoor Senior Vice President October 7, 2013. Unprecedented Pace and Scale of Change. Driven by Technology, Policy, and Consumer Expectation Shale gas Variable generation (wind and solar) - PowerPoint PPT Presentation

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