EMA Conference Raj Chudgar rchudgar@pogens.com 832-722-6388 www.pogens.com www.pogens.com
Industry in Transformation Position: Proliferation of Distributed • Energy Resources (DER) requires the rethinking of the traditional electric paradigms Decentralization trend vis-a-vie small scale – renewable and self-controlling resources Customers desire greater control and ZNE – Customers are designing greater local – resiliency (e.g. microgrids) Distribution systems are not modeled to – understand multi-directional flows, resource diversification, and the new fundamental load behavioral changes Distribution utilities (DISCO) are facing behind – the meter energy, and reduces net revenue and net margin Dispatchable or controllable DER could – provide additional value to DISCO through D Bulleit, 2014 reduced outage management times and The legacy one-way power industry is prioritization during emergencies changing…. are we thinking the right way ? Regulatory uncertainty provides a • further transformation to the grid Power Generation Services, Inc. 2014 Confidential
Industry Potential New Model Position: A new market entity is • required to obtain additional value from the system and customers Distribution Asset System Operator • (DASO) Current DISCO does not have the staff, – expertise, or regulatory coverage to provide market services to customers Customers do not know how to monetize – their assets DASO System architecture needs to be updated to – obtain greater value from assets Upgrading integration standards will greatly – ease transition to new operations Reliability metrics for portfolio or aggregated – assets are being refined L. Kristov, CAISO, 2014 Cyber Security management of the grid – Numerous models could be developed • New Concepts, New Risks, New Uncertainty and the ones that provide the highest value to the customers should win Power Generation Services, Inc. 2014 Confidential
Industry New Opportunities Position: New industry model provides • new opportunities for increased financial return, bankable projects, and reliability Moving beyond KWH/KW savings and RECs – Wholesale market access opens up numerous – financial opportunities New “fast acting” markets are opening (e.g. – RegD) Regulatory framework and reliability metrics – need to become standardized to minimize risks Lack of communication infrastructure barrier – is rapidly diminishing Internet of Things is supporting these – opportunities D Bulleit, 2014 Today’s opportunity: working with the • Is Power the next “Minutes of Use” premise of highest value to customers and the grid, systems designed to Or will provide those products will evolve Selling KW/KWH will evolve to products for customers Power Generation Services, Inc. 2014 Confidential
Power Generation Services Headquartered in Raleigh, NC • 4+ years in planning & development; backed by M-South on the basis that • the electric industry will change like Telecom Differentiator Thesis: • – Develop revenue generating strategy with little to no risk for small to mid-size generators – Distributed Generators – Provide all the capabilities for REPs/Muni/Co-ops to enable Demand Response (DR) within their portfolio as a “white label” – Provide a vehicle for customers to upgrade assets and have their costs greatly reduced or eliminated through market programs and financing Create end to end services for DR and DG • Make it easy for customers to leverage their assets into markets for higher • reliability and economic benefits Power Generation Services, Inc. 2014 Confidential
Recommend
More recommend
