utilities 2.0: addressing regulatory updates from fdny ... slides_final.pdf · utilities 2.0:...
TRANSCRIPT
-
Utilities 2.0: Addressing Regulatory Updates from FDNY, PSC & NYISO
1
August 7TH, 2014 10:00am –11:30am
Panelists:
Gary Davidson, New York Independent System Operator, Team Leader, Strategic and
Business Planning Group
Vani Dantam, Axion Power International, Senior Vice President, Business Development,
Sales & Marketing
Diana Sweeney, EnergyWatch Inc., COO
Norman Mah, Consolidated Edison Solutions, Manager of Regulatory Affairs
Moderator:
Scott Thigpen, Booz Allen Hamilton, Senior Associate @AGRION
Agrion.org
-
energy economics simplified
Diana Sweeney EnergyWatch Inc., COO
Experience:
Present: EnergyWatch Inc. – COO & Co-founder, NYECC - Executive Director
Past: Insignia/ESG – Director - Energy Services, Property Management Account Executive, Contract Negotiator
2
Affiliations:
Association Real Estate Women (AREW)
Vistage International
New York Energy Consumers Council (NYECC), Past Co-President & Board Member
Education:
NYU – M.A., Real Estate Investment
St. John’s University – B.A., English Literature
-
energy economics simplified
Solutions & Services watchwire
Web-Based Utility Data Management & Reporting Regulatory Compliance Reporting Sustainability Reporting
Utility Budgets
Consumption Forecast Public Service Commission rate cases (delivery rates) Forward market supply projections (supply rates)
3
Energy Procurement Electricity Natural Gas Renewable Energy Certificates & VERs
Custom Monthly Reporting
Budget Variance Reports Electric Rent Inclusion Submeter Revenue Reports
-
energy economics simplified
Who Do We Work For?
4
-
FDNY CODE UPDATE
5
Summary of Code Compliance
Energy Storage Project
Within scope of FC 608.1? -Technology Type -Applications
Follow Safety and Certificate of Fitness Requirements in FC
Application for Modification (Variance)
Yes
No
-
FC 608.1 - Scope
6
608.1 Scope. Stationary storage battery systems having an electrolyte capacity of more than 50 gallons (189 L) for flooded lead acid, nickel cadmium (Ni-Cd) and valve-regulated lead acid (VRLA), or 1,000 pounds (454 kg) for lithium-ion and lithium metal polymer, used for facility standby power, emergency power or uninterrupted power supplies, shall comply with this section and FC Table 608.1.
-
7
FC 601.4.3 Supervision of Battery Systems. Battery systems subject to compliance with the requirements of FC 608 shall be under the general supervision of a person holding a certificate of fitness.
Safety & Supervision Requirements
-
8
Application for Modification (Variance)
-
CTS Upgrades to NYISO and PJM
August 7, 2014
Norman Mah
Consolidated Edison Solutions
9
-
New York Transmission System
800/2,000
1,300/1,500
250/330
(500)/1,800
1,050/2,600
100/2,500
Avg 2013 Usage/Approx Line Rating
10
-
The Coordinated Transaction Scheduling Project
Difficult to economically schedule energy transactions between ISO’s
50% of the real-time Transactions are uneconomic
For 2 years, NYISO and PJM worked on CTS improvements
Deployment is scheduled for 4th Q of 2014
Will significantly improve the economic scheduling of energy between PJM and NYISO
Change is expected to provide Millions in consumer savings for energy
11
-
CTS Improvements
Improves the tools participants use to schedule transactions between PJM and NY
Reduces requirement to submit a transaction 1 ¼ hour time ahead of the schedule to only ¼ hour
Eliminates the need for participants to forecast the economic flow order and purchase energy from one ISO before scheduling into the other.
CTS schedules based on a price margin between PJM and NYISO
Schedules are for 15 minutes of flow instead of the full hour
Should increase usage, price convergence, and reduce production / consumer costs
12