pjm©2010 1 welcome to pjm. pjm©2010 2 today’s agenda 1.introductions 2.pjm overview 3.state...
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PJM©20101www.pjm.com
Welcome to PJM
PJM©20102www.pjm.com
Today’s Agenda
1. Introductions
2. PJM Overview
3. State and Federal Regulation• Steve Boyle
4. Open Discussion
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PJM Overview
Bill WalkerSr. Business Solutions AnalystApplied Solutions
[email protected]+01 610 666 3169
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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
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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
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PJM Transmission Owners
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PJM Committee Structure
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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
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PJM’s Energy Markets
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Existing Generation, Capacity
As of 12/31/2009
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Cumulative Increase in Capacity Resources over First Five RPM Auctions (2007 – 2011)
Total Increase = 9,986 MW
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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
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Offers of Demand-Side Resources as Capacity in PJM by Delivery Year
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Payments to Curtailment Service Providers
RPM Implemented
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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)
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Proposed Generation
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Wind Generation in PJM - Operational and Proposed
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Proposed Wind in PJM Footprint
As of 09/2009
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PJM Load and Wind Resources – April 7, 2010Lo
ad M
W Wind M
W
Loca
tiona
l mar
gina
l Pric
e- $
/MW
h
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PJM SynchroPhasor Deployment Project
Production Quality System to Support 150+ Monitored Substations
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Grid Storage Types
Pumped Hydro Compressed Air Flywheels
Stationary Battery Mobile Batteries Water Heaters
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• 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)
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Aggregating distributed storage
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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
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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
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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.
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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
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Smart Grid – “Two Way Communication and Control”
Transmission
Distribution
Energy Users
Network Operations
Energy Providers
Consumer Devices
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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
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Thank you - Questions?