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Power System Transformation. OPSI Annual Meeting Session 4: Future Generation Mix in PJM Arshad Mansoor Senior Vice President October 7, 2013. Unprecedented Pace and Scale of Change. Driven by Technology, Policy, and Consumer Expectation Shale gas Variable generation (wind and solar)
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Power System Transformation OPSI Annual Meeting Session 4: Future Generation Mix in PJM Arshad Mansoor Senior Vice President October 7, 2013
Unprecedented Pace and Scale of Change Driven by Technology, Policy, and Consumer Expectation • Shale gas • Variable generation (wind and solar) • Local generation • Demand for electricity • Cyber & Physical security • Energy and environment policy
Adapting to ChangePower System Transformation A Highly Interconnected Power System that Optimizes Energy Resources A Resilient, Flexible, and Connected System
The Imperative for Transformation: Grid Reliability & Energy Affordability • The European Network of Transmission System Operators for Electricity (Entsoe)October 04, 2013 • Major Capacity outage during times of high variable generation would pose “a severe risk for the system to collapse.” • The reduction in fault levels weakens the overall strength of the network resulting in quality of supply issues such as large voltage steps, harmonics and flicker • Energy Affordability • German Residential Electricity Price: 40c/kWh and rising • Spain: $25.5B Euro deficit since renewable subsidies were not recovered through rates because of price cap