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What Makes a Smart Grid Smart?

What Makes a Smart Grid Smart?. Speaker: Michael Munson. Company: Metropolitan Energy. The Chicago Commercial O ffice B uilding P erspective. BOMA/Chicago Overview. 260+ Buildings Private, Institutional, Government/Public 170+ Affiliate Member Companies

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What Makes a Smart Grid Smart?

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  1. What Makes a Smart Grid Smart? Speaker: Michael Munson Company: Metropolitan Energy The Chicago Commercial Office Building Perspective

  2. BOMA/Chicago Overview • 260+ Buildings • Private, Institutional, Government/Public • 170+ Affiliate Member Companies • 125 Million Sq. Ft. of Office Space • ~5% of ComEd’s Load

  3. Commercial Smart Grid Goals • Ease of Information Access and Use • Measure & Verify Improvements & Efficiency • Better Investment Decisions • Proof of DR Participation in Marketplace • New Technologies, Infrastructure • Monetize, Automate, Optimize, Innovate • Continuously Develop & Prove Business Case

  4. Energy Use Scenarios

  5. Energy Supply Projection Source: Forecasted Reserve Margin PJM RTO (as of June 8, 2009)

  6. Necessities for Smart Grid • Information, Information, Information • Real-Time Data Access (real, real-time) • Customer Usage and Market Information • Market Transparency • Control and Flexibility Incentives • Market Requirements & Design • Replicability – for Building Portfolios

  7. Supply Price P1 ΔP P2 D1 ΔQ Reducing Demand D2 Small changes in demand can result In large changes to price. Quantity Q2 Q1

  8. $210 $190 $170 $150 $130 $110 $90 $70 $50 PJM Price Volatility $30 $10 PJM prices can vary based on market forces, going from about $210 to $35 below $0 in a very short time. -$10 -$30 8:30 PM June 16 9:00 PM June 16 9:30 PM June 16 10:00 PM June 16 10:30 PM June 16 11:00 PM June 16 11:30 PM June 16 12:00 AM June 17 12:30 AM June 17 1:00 AM June 17 1:30 AM June 17

  9. Policy Goals & Recommendations • Defining Smart Grid • Definitions are static • Smart Grid is dynamic • Policy should enable, not dictate innovation • Information, Information, Information • The grid relies on informed decisions • Better information = better decisions • Other Policy Concerns • Market Recognition of Consumers • Marginal Costs vs. Average Costs • Rate Design Improvements • Market vs. regulation for consumer protections

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