g management: transforming challenges into opportunities - arpa-e pitch... · 2019-07-18 ·...

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

Kory.Hedman@HQ.DOE.GOV

We seek your feedback and input!ARPA-E Office Hours:

Wednesday, 8am-9amOutside of Adams Ballroom