Transforming Retail Energy Markets with New Technologies and Policies
Explore the cutting-edge technologies, practices, and policies discussed at the New England Electricity Restructuring Roundtable in 2016, focusing on initiatives like the New York State Smart Grid Consortium and the Reforming the Energy Vision (REV) program. Learn about the fundamental changes shaping the distribution service landscape, including the integration of distributed energy resources and market-based approaches to system optimization.
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New Technologies, Practices, and Policies to Transform Retail Energy Markets New England Electricity Restructuring Roundtable February 26, 2016 James T. Gallagher, Executive Director New York State Smart Grid Consortium Daniel Schwen, CC Attribution-Share Alike 2.0 Generic License
NYS Smart Grid Consortium Overview Unique Public-Private Partnership Promotes broad statewide implementation of a safe, secure, and reliable smart grid Members include world s leading utilities, technology providers, policy makers and research institutions Established in 2009 as a not-for-profit corporation Only organization of its kind in the US 3
NY Reforming the Energy Vision (REV) Fundamental Changes in Distribution Service Align utility practices and regulation with technological advances in information management, pricing, power generation and distribution Improve system efficiency, empower customer choice, and encourage greater penetration of clean generation and energy efficient technologies and practices. Must be customer centric! Introduce new business models (reduce risk, new capital) 4
REV Distribution System Platform Overview of DSP Design and operate distribution system that integrates DERs as major means of meeting system and customer needs Optimize operations by balancing production and load in real time at the local level Monetize system & social values Use market based means where appropriate, leverage outside capital Coordinate interactions among customers, the distribution system and energy service companies (DSP markets and NYISO) 6
REV Market Design & Platform Technology Groups (MDPT) Purpose Provide guidance for utility 5 year Distributed System Implementation Plans (DSIPs) on near- and mid-term market design and platform technology issues Process Two working groups: Market Design and Platform Technology Final Report issued August 17, 2015 Expert Advisory Group Co-led by NYS Smart Grid Consortium, NYPSC and RMI 7
MDTP Working Groups Final Report: Key Functions and Capabilities of DSP Enhance Distribution Planning Expand Distribution Grid Operations Develop and Implement Market Operations Ensure Data Availability Necessary Platform and Customer Technologies 8
AMI Deployment -- Con Edison AMI Business Plan October 2015 4.7 million meters - gas and electric customers Complete communications and IT work in 2016 (approved) Deploy meters 2017 to 2022 (pending approval) 5000 meters per day installation rate $1.3 billion Biggest project in Con Edison s 190-year history 1.5 billion data points daily AMI for residential sector has positive 20 year NPV We don t think REV can happen without this Project- Con Ed 9
Contact Information New York State Smart Grid Consortium 387 Park Avenue South 3rd Floor New York, NY 10016 James T. Gallagher, Executive Director jgallagher@nyssmartgrid.com www.nyssmartgrid.com www.newyorkREVworkinggroups.com 10
