Opportunities and Challenges of Smart Technologies
Jessica McDonald, Manager at Edison Electric Institute, discusses the opportunities and challenges of smart technologies at the Civil Society Policy Forum World Bank in 2017. The presentation covers the impact of smart technologies on the global electric power industry, including the forces shaping the energy transition, innovation in science, regulation, and policy, individualized customer services, and technology drivers for smarter infrastructure. Additionally, it explores the role of energy storage in various parts of the grid and value chain.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
Opportunities and Challenges of Smart Technologies Jessica McDonald Manager, International Programs Edison Electric Institute Civil Society Policy Forum, World Bank 11 October 2017
EEI International Programs provides members in the global electric power industry with a flexible platform for industry collaboration, dialogue, and thought leadership. Dialogue Outreach Promotion Analysis C-Suite & CEO Meetings Advisory Support International Edison Award Global Trend Analysis Conference & Event Participation Strategic Dialogues Innovation Case Books Research Articles Member Visits Academic Peer Reviews Social Media Amplification Industry Surveys Issue Working Groups / Task Forces White Papers Webcasts Webinars 3
Forces Shaping the Global Energy Transition Urbanization Pace of T echnological Change Digitization Smart Communities and Cities Cyber Security Resilience and Affordability 4
INNOVATION Science Regulation and Policy Customer Services Technology Energy Infrastructure Business Model 5
Individualized Customer Services Choice, Control, Convenience, Cost PRESENT PAST Source: TheEdison Foundation Institute for ElectricInnovation, Thought Leaders Speak Out: KeyTrends Driving Change in the Electric PowerIndustry, December2015 6
Technology Innovation Smarter Infrastructure Technology Drivers Sensors smart meters Controls demand response, apps Artificial Intelligence - forecasting Computational Science - algorithms Peer-to-Peer transactions Virtual andAugmented Reality Sensing Connectivity Smarter Infrastructure ! Analytics 7
Energy Storage Energy storage can be deployed in all parts of the grid, has applications in all parts of the value chain. Generation End User Transmission Distribution C&I Residential Behind the Meter (BTM) Front of the Meter (FTM) Source: Navigant Transmission Infrastructure Services Distribution Infrastructure Services CustomerEnergy Management Services Bulk EnergyServices Ancillary Services Electricenergy time-shifts (Arbitrage) Electricsupply capacity Transmission upgrade deferral Transmission congestionrelief Regulation Spinning, non- spinningand supplemental reserves Voltagesupport Blackstart Distribution upgrade deferral Voltagesupport Powerquality Powerreliability Retailelectric energy time-shift Demandcharge management FERC Regulated Matters State Regulated T&D End user 8 Source: Adapted from DOE/EPRIHandbook
Transition to Cleaner Energy is an Evolution
