pjm©2010 1 welcome to pjm. pjm©2010 2 today’s agenda 1.introductions 2.pjm overview 3.state...

30
PJM©2010 1 www.pjm.com Welcome to PJM

Upload: amberlynn-hudson

Post on 20-Jan-2016

231 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©20101www.pjm.com

Welcome to PJM

Page 2: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©20102www.pjm.com

Today’s Agenda

1. Introductions

2. PJM Overview

3. State and Federal Regulation• Steve Boyle

4. Open Discussion

Page 3: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©20103www.pjm.com

PJM Overview

Bill WalkerSr. Business Solutions AnalystApplied Solutions

[email protected]+01 610 666 3169

Page 4: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©20104www.pjm.com

KEY STATISTICSPJM member companies 650+millions of people served 51peak load in megawatts 144,644MWs of generating capacity 164,905 km of transmission lines 90,525GWh of annual energy 729,000generation sources 1,310square km of territory 425,431area served 13 states + DC

internal/external tie lines 250

26% of generation inEastern Interconnection

23% of load inEastern Interconnection

19% of transmission assets in Eastern Interconnection

20% of U.S. GDP produced in PJM

6,038 substations

PJM’s role in the US and the Eastern Interconnection

Page 5: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©20105www.pjm.com

Regional Transmission Organizations (RTOs) &Independent System Operators (ISOs) in North America

50,270

60,000

112,197

144,644

28,127

33,939

45,248

* Peak Load in MW

Page 6: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©20106www.pjm.com

PJM Transmission Owners

Page 7: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©20107www.pjm.com

PJM Committee Structure

Page 8: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©20108www.pjm.com

Member Committee Voting Protocol

Transmission Owners

Generation Owners

Other Supplier

End Use Customers

Electric Distributors

5/7 0.71

2/8 0.25

21/23 0.91

5/5 1.00

Required to pass = 0.667Number of Sectors = 5

Required Affirmative = 5 x 0.667 = 3.335

3.47

3/5 0.60

Page 9: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©20109www.pjm.com

PJM’s Energy Markets

Page 10: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201010www.pjm.com

Existing Generation, Capacity

As of 12/31/2009

Page 11: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201011www.pjm.com

Cumulative Increase in Capacity Resources over First Five RPM Auctions (2007 – 2011)

Total Increase = 9,986 MW

Page 12: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201012www.pjm.com

2012/2013 Base Residual AuctionClearing Prices ($/MW-Day)

RTO MCP = $16.46

MAAC & SWMAAC MCP = $133.37

DPLS MCP = $223.30

EMAAC & PSEG MCP = $139.73

PSN MCP = $185.00

Page 13: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201013www.pjm.com

Offers of Demand-Side Resources as Capacity in PJM by Delivery Year

Page 14: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201014www.pjm.com

Payments to Curtailment Service Providers

RPM Implemented

Page 15: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201015www.pjm.com

State renewable portfolio standard

State renewable portfolio goal

www.dsireusa.org / May 2010

Solar water heating eligible *† Extra credit for solar or customer-sited renewables

Includes non-renewable alternative resources

WA: 15% x 2020*

CA: 33% x 2020

NV: 25% x 2025*

AZ: 15% x 2025

NM: 20% x 2020 (IOUs) 10% x 2020 (co-ops)

HI: 40% x 2030

Minimum solar or customer-sited requirement

TX: 5,880 MW x 2015

UT: 20% by 2025*

CO: 30% by 2020 (IOUs)10% by 2020 (co-ops & large

munis)*

MT: 15% x 2015 ND: 10% x

2015

SD: 10% x 2015

IA: 105 MW

MN: 25% x 2025

(Xcel: 30% x 2020)

MO: 15% x 2021

WI: Varies by utility;

10% x 2015 statewide

MI: 10% + 1,100 MW x 2015*

OH: 25% x 2025†

ME: 30% x 2000New RE: 10% x 2017

NH: 23.8% x 2025

MA: 22.1% x 2020 New RE: 15% x 2020

(+1% annually thereafter)

RI: 16% x 2020

CT: 23% x 2020

NY: 29% x 2015

NJ: 22.5% x 2021

PA: ~18% x 2021†

MD: 20% x 2022

DE: 20% x 2020*

DC: 20% x 2020

VA: 15% x 2025*

NC: 12.5% x 2021 (IOUs)10% x 2018 (co-ops & munis)

VT: (1) RE meets any increase in retail sales x

2012; (2) 20% RE & CHP x 2017

KS: 20% x 2020

OR: 25% x 2025 (large utilities)*

5% - 10% x 2025 (smaller utilities)

IL: 25% x 2025

WV: 25% x 2025*†

29 states + DC have an

RPS(6 states have goals)

29 states + DC have an

RPS(6 states have goals)

DC

Renewable Portfolio Standards (RPS)

Page 16: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201016www.pjm.com

Proposed Generation

Page 17: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201017www.pjm.com

Wind Generation in PJM - Operational and Proposed

Page 18: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201018www.pjm.com

Proposed Wind in PJM Footprint

As of 09/2009

Page 19: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201019www.pjm.com

PJM Load and Wind Resources – April 7, 2010Lo

ad M

W Wind M

W

Loca

tiona

l mar

gina

l Pric

e- $

/MW

h

Page 20: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201020www.pjm.com

PJM SynchroPhasor Deployment Project

Production Quality System to Support 150+ Monitored Substations

Page 21: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201021www.pjm.com

Grid Storage Types

Pumped Hydro Compressed Air Flywheels

Stationary Battery Mobile Batteries Water Heaters

Page 22: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©2010www.pjm.com

• Mid-Atlantic Grid Interactive Car Consortium (MAGICC) – electric companies, research institutes, and vehicle manufacturers

• Over three years of experience with the MAGICC battery electric vehicle responding to the PJM regulation signal

Smart Grid and Plug-in Hybrid Electric Vehicles (PHEVs)

Page 23: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201023www.pjm.com

Aggregating distributed storage

Page 24: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201024www.pjm.com

Operational Details• Altairnano, Inc – Lithium Ion nano titanate battery

• Energy: 300 kWh• Efficiency: 90% round trip

• Power: 1 MW for 15 minutes • Usable Charge Range: 5% - 99%

AES Grid-Scale Energy Storage System

Page 25: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201025www.pjm.com

Fast Regulation: Speed Matters…

A fossil power plant following a regulation

command signal

Energy Storage (batteries / flywheels) accurately following a regulation

command signal

Energy Storage OutputRegulation Signal

Page 26: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201026www.pjm.com

Water Heater

105-gallon electric water heater demonstrates

minimization of cost while responding to the PJM wholesale price signal and the

PJM frequency regulation signal.

105-gallon electric water heater demonstrates

minimization of cost while responding to the PJM wholesale price signal and the

PJM frequency regulation signal.

Page 27: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201027www.pjm.com

Fast Regulation: Speed Matters…

PJM pilot water heater -- January 14, 2011; Midnight to 3:00 a.m.

• PJM Frequency Regulation

Signal

• Water heater power consumption

+/-2.25 Kw base point

Page 28: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201028www.pjm.com

Smart Grid – “Two Way Communication and Control”

Transmission

Distribution

Energy Users

Network Operations

Energy Providers

Consumer Devices

Page 29: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201029www.pjm.com

Regional Benefits of PJM’s Markets

Reliability – resolving constraints and

economic efficiency– from $470 million to $490 million

in annual savings

Generation investment – decreased need for infrastructure investment – from $640 million

to $1.2 billion in annual savings

Energy production cost – efficiency of centralized

dispatch over a large region – from $340 million to $445 million in annual savings

Grid services – cost-effective procurement of

synchronized reserve, regulation – from $134 million to $194 million in annual savings

$2.2 billion in annual savings

Page 30: PJM©2010 1  Welcome to PJM. PJM©2010 2  Today’s Agenda 1.Introductions 2.PJM Overview 3.State and Federal Regulation Steve Boyle

PJM©201030www.pjm.com

Thank you - Questions?