how the traditional utility model is being challenged by disruptive technologies (presented by...
TRANSCRIPT
HOW THE TRADITIONAL UTILITY MODEL IS BEING CHALLENGED BY DISRUPTIVE TECHNOLOGIES
Description
Today’s energy company is not the same company it was 30, 40 or 50 years ago. The Exelon family of companies has had a long history of proven reliability and performance that had to evolve along the way to meet customer demands.
With the increased popularity of distributed generation (solar, wind, biodiesel, etc.) along with introduction of micro grids, these resources are helping to change the foundation of the traditional utility to meet the demands of our modern economy.
Objectives
Topics of Discussion:• Brief overview of utility business• New trend and challenges in the utility business• Learn how clean energy, distributed generation and microgrids
have changed the landscape• New opportunities created by advanced grid technology• New opportunities for today’s engineering minds
Learning Objectives:• Understand the changes and challenges in transmission and
distribution world • Understand how new technology is being used to streamline
internal processes and improve customer experience
Meet Your Presenters
• Christina Barker, Senior Engineer (PECO)
• Eric Borden, Senior Engineer, NERC (Pepco Holdings)
Our Strategy, Defined
Exelon’s strategy is to:
Leverage our integrated business model to create value and diversify our business.
Each of our businesses features a mix of attributes that, when combined, offer our shareholders, customers and employees a unique value proposition:
• Our utilities – BGE, ComEd, PECO and Pepco Holdings provide a foundation for stable earnings and dividend support, which translates to a stable currency in our stock.
• Our competitive businesses in Exelon Generation and Constellation provide exposure to power and gas price upside and a platform to diversify into promising markets and technologies, while providing residual dividend support.
Get to Know the Exelon Family of Companies
Exelon Corporation: Company at a Glance
NEW CHALLENGESNew Technologies
Transmission & Distribution: Introduction of Wind & Solar Generation • Introduction of Solar and Wind generation has changed what is called
the “fuel mix” available to produce electricity.• Solar and Wind capacity cleared for 2017/2018 in PJM market has
almost doubled compare to 2012/2013 year period
Transmission & Distribution: Introduction of Wind & Solar Generation (Cont.)
• Renewables may introduce some challenges especially in the areas where these resources are concentrated
• Economic challenge to the traditional power plants (fossil, gas, nuclear)• Frequency due to less “steel in the ground”
• Operational challenges of electric distribution system• High Voltage, particularly during midday light load periods where maximum solar output is
expected• Distribution systems availability during periods of solar/wind reduced or non-existent generation
• Transmission Planning challenge
• Resource Variability (associated with some unpredictability/uncertainty) especially during peak hours
• Lack of large-scale economical storage capability.
• Several studies and reports have indicated that technology improvement from better weather forecast to advanced electronic controls are making it easier for both grid operators and planners to deal with the above challenges
ADVANCED GRID IS HERE!Exciting News:
Grid Evolution: 20th Century vs. 21st Century20th Century Grid 21st Century Grid
“Blind” Self-monitoring
Built for centralized generation Accommodates distributed generation
Check equipment manually Monitor equipment remotely
Electromechanical Digital
Emergency decisions by committee and phone Decision support systems, predictive reliability
Few customer choices Many customer choices
Few sensors Monitors and sensors throughout
Limited control over power flows Pervasive control systems
Limited price information Full price information
Manual restoration Semi-automated restoration and, eventually, self-healing
One-way communications (if any) Two-way communications
Prone to failures and blackouts Adaptive protection and islanding
Radial topology Network topology
What is Smart Grid?
Generation Transmission Distribution Consumers
A gas and electric transmission and distribution system
Integrated with communicationsand IT Networks For the purpose of . . .
What is Smart Grid?
Automation•Distribution•Substation•Auto-restoration•Capacitor Control
Fault Locating•Remote Indication
•OMS Integration
Outage Management•Outage Notification
•Restoration Notification
Line Loss Reduction•Reduced losses through volt / VAR management and circuit reconfiguration
Equipment Monitoring•Temperature•Load•Voltage
Telecom•Voice• Internet•Video
Improvements in utility operations, and . . .
What is Smart Grid?
Renewable Energy•Solar•Wind
Distributed Generation•Micro-Turbines
•Local generation
Vehicle to Grid•PHEV•EV
In-Home Displays•Smart Pricing •Real Time Pricing
•Event Notification
Energy Storage•Batteries•Fly Wheels• Ice
Demand Response•Thermostats•Load Control Switches
Home Area Networking•Appliances•HVAC•Lighting
…support of consumer products to enable cost savings and conservation.
What Does Smart Grid Do?
Customer Gateway• Advanced Metering
Infrastructure (AMI)
Customer End-Use• Advanced Pricing & Billing• In-home Devices
Grid Modernization• Distribution Automation• Smart Substations• Renewable Interconnection
Distributed Energy• Plug-in Hybrid
Electric Vehicles• Self-generation
Smart Home/Business• In-premise network composed
of smart devices and equipment that respond to the price of energy
• Distributed energy devices to offset usage or sell back into grid
Smart Utility• More efficient data
collection, processing and back office functions
• Asset utilization strategies (PM, CM, run-to-failure)
Smart Meters (AMI)• Time of usage and bi-
directional measuring• Two-way data flow into/out of
the premise• Power on/off status, tamper
status and other meter events
Smart Distribution System• Real-time reporting of status and
outages• Automated controls of relays and
reclosers. Efficient field force management
• Effective interconnection of distributed energy sources
Leveraging integrated communication systems and information processing is critical
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What’s Important to the Customer?
J.D. Power measures customer satisfaction with electric and gas utility companies by examining six factors: • Power Quality and Reliability• Price• Billing and payment
• Corporate citizenship• Communications• Customer service
Key Benefit: Power Quality and Reliability• Smart grid technologies are helping utilities to speed outage restoration following
major storm events• Reduce the total number of affected customers, • Improve overall service reliability to reduce customer losses from power
disruptions • Smart meters provide meter “pinging” capability, which allows the utility to
determine when a meter is in service. • Utility can avoid expending resources to verify customers have service• Saves resources, reduces cost and reduces outage restoration time
• Customers can see outages on an outage map on their phone or computer• Utilities can text outages to customers and notify them of the outage with an
estimated time of restoration• A Smart Grid system supports the installation of microgrids, which are localized
grids that can disconnect from the main grid to operate independently during outage events.
Summary of Benefits for Customers• Fewer and shorter outages with better communication• Consumer savings, choice and control with advanced meters,
consumers could save on energy costs by:
• Better managing energy use• Using new energy management technologies, such as smart appliances
or home area network devices• Participating in available pricing structures and programs for smart
meters• New technologies available like Smart Street Lighting and Distributed
Generation
JOIN THE EXELON TEAMLooking for More?
Our Innovation Pillars
The Exelon Promise – Diversity and Inclusion
Diversity and inclusion is one key to our success. Companies have stronger collaboration and achieve better business performance from diverse groups of employees. In the crucial skill sets of problem solving, conflict resolution, vetting ideas and creativity, diversity always wins.
Five goals compromise the Diversity & Inclusion strategy.Workforce, Workplace, Suppliers, Communities, Leadership
Exelon’s Enterprise-Wide Intern Program
• Program tracks include Engineering, Finance, IT, Retail, Corporate, and MBA.
• Many of our interns complete multiple internships at Exelon and go on to receive offers for full-time positions with the company upon graduation.
• The internship is a 10 week, paid program. • The 2017 program will run from June 5 - August 11
What to expect as an Exelon Intern
Academic Learning: Interns will work on value-add projects that will allow them to apply knowledge learned in the classroom to the workplace. At the end of the summer, they will present their projects to a panel of business leaders and their peers.
Skill Development: Exelon internships mirror full-time positions, and will allow interns to develop decision-making and critical thinking skills, increased confidence and self-esteem. Continuous feedback is integrated into the program, through initial Goal Setting, Mid-Term Evaluations, and End of Summer Evaluations.
Career Development: Opportunities to meet and interact with Exelon employees helps interns gain knowledge of the qualifications and duties of specific positions so students can explore their interest in the field.
Peer Networking: Organized intern program events provide an opportunity for interns to get to know each other in a more casual environment. Typical events include a plant/site tour, community service outing, and intern picnic.
2017 Summer InternshipsExelon is currently seeking highly motivated students for summer internships. Paid internships will last approximately 10 weeks between June and August 2016. Interns will work on projects designed to help them gain real-world, hands-on experience.
We are seeking students who meet the following criteria:• Currently enrolled in Bachelor’s or Master’s program• Minimum GPA: Cumulative 2.8/Major 3.0• A track record of outstanding academic performance• Eagerness to contribute in a team-oriented environment• Ability to work creatively and analytically in a problem-solving environment• Excellent leadership, communication (written and verbal) and interpersonal skills
Engineering Majors Include:
Non-Engineering Majors Include:
• Mechanical Engineering• Electrical Engineering
• Business• Computer Engineering• Computer Science• Cyber Security
• Economics• Finance/Accounting• Information Systems• Marketing
• Mathematics• Statistics• Supply Chain
Thank You!
Any Questions?
Visit Exelon at Booth 208www.exeloncorp.com/careers
Energize YOUR Potential