g management: transforming challenges into opportunities - arpa-e pitch... · 2019-07-18 ·...
TRANSCRIPT
GRID MANAGEMENT: TRANSFORMING
CHALLENGES INTO OPPORTUNITIESKORY W. HEDMAN, PROGRAM DIRECTOR, ARPA-E
Goal: Utilize All Resources for Grid Operational and Reliability Requirements
Outcome: Risk-Driven Grid Management and Operational Paradigm
Need: Understand and Leverage Resource Flexibility Relative to their Dependability
Overview: Innovation in Grid Management
Renewable Portfolio Standards (RPS)
2018 Renewable Energy Production: 17% (EIA)
Generation Load
Reliabilityservices
2003 Blackout
Reliability Services: Keep the Lights On
Generation Load
Generation Load
Reliabilityservices
2003 Blackout
Reliability Services: Keep the Lights On
Generation Load
Generation Load
Reliabilityservices
2003 Blackout
$6B-$10B
Reliability Services: Keep the Lights On
Generation Load
Generation Load
Reliabilityservices
2003 Blackout
$6B-$10B
Reliability Services: Keep the Lights On
Generation Load
Acquire Reliability Services from All Assets: Requires Quantification of Asset Risk and System Risk
Renewable Resources Conventional
Assets
Existing paradigm Future paradigm
High Risk Offers
Low Risk Offers
Energy Energy
Reliability Services
Reliability Services
The Challenge
Week Ahead
Day Ahead
Hours Ahead
5 Min Ahead
Real-Time
Confidence in Intermittent Resources Increases
Operational Flexibility Decreases
California: April 9, 2019Net Imports to CA: Providing Most of the Flexibility
CA Renewable Production
MW Production Over 24-Hours
Imports into CA
California: 2015-2019Monthly Wind and Solar Curtailment
$10M in curtailment May 2019 … and growing
250,000 homes could have been powered by clean curtailed energy
Common Risk Management Frameworkfor the Modern GridThe Ask:
Quantify Asset Risk
Evaluate and Hedge System Risk Position
Leverage Flexibility from All Assets
Value Asset Performance
Kory W. HedmanProgram DirectorAdvanced Research Projects Agency-EnergyU.S. Department of Energy
We seek your feedback and input!ARPA-E Office Hours:
Wednesday, 8am-9amOutside of Adams Ballroom