We all count on the lights going on whenever we flip the switch. However, as we retire more baseload capacity, add substantial intermittent resources, and sharply increase generation on the distribution system, there's real concern about how to best ensure the generating capacity for power available on a 24/7/365 basis. On top of this huge transition, there are highly divergent approaches to ensuring that capacity is adequate, with widely different costs at different times. As we enter this new era, which one(s) will work best to ensure reliability at a reasonable cost, and send the right price signals at the wholesale and retail levels? This webinar will provide cross-cutting perspectives on key issues such as:
Where is the line between state and FERC/RTO responsibility?
How should we treat variable wind and solar in a capacity market?
Would greater interregional transmission capacity help?
What role should the demand side play in ensuring adequate capacity?
Capacity auctions vs the Texas model - can both ensure adequacy when supplies get tight?
Will the transition to digitized, smart power system controls and monitors help or hurt?