1 / 7

Grid Modernization: Data - Essential Elements for Change

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….

angela-gillespie
Download Presentation

Grid Modernization: Data - Essential Elements for Change

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

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

  2. Q: What Are the Functions We Want Modern Grid to Be Able to Support? • A: Anything that helps to unlock our latent elasticities. PKD Energy, LLC

  3. You Wouldn’t Buy A Salad This Way… PKD Energy, LLC

  4. 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. PKD Energy, LLC

  5. Real-Time Pricing Reflects True Value of Assets • Some resources have higher values: • Solar • Distributed gen • Storage • Responsive demand PKD Energy, LLC

  6. 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’dadd’l$11.8 billion. Sources: PJM, EnerNOC PKD Energy, LLC

  7. 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. PKD Energy, LLC

More Related