Title: Energy Law
1Energy Law Bren School, UCSB January 2008 Day 5
Managing the Grid to Ensure Reliability DSM,
environmental concerns under restructuring The
Future Regulation vs. Competition vs. Public
Power Course evaluations
2- Key Grid Management Issues
- Ownership and management
- Pancaking of rates, postage stamp rates, Ramsey
Pricing - Can we give the grid operator an incentive to
minimize costs, and an incentive to invest in new
capacity? - How should transmission service be priced?
- LMP but how much goes to operator, and who
pays? - TLR curtailment schedules
3 ESP or end user generator
- - - - - - - - - - - - RTO
boundary
Loop flows
4North American Electric Reliability Council
(NERC) Regions for the Contiguous United States
and Alaska
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6- Transmission pricing and congestion
- How can ISOs/RTOs price transmission to offer
incentives to invest? - Pancaking
- Postage stamp rates
- Ramsey pricing
- Congestion
- Energy Policy Act of 2005 National Interest
Corridors
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9 ESP or end user generator
- - - - - - - - - - - - RTO
boundary
Locational marginal pricing tries to address
congestion issues.
10- Transmission pricing and investment
- Transmission lines do not have an entirely
captive market, or other way of guaranteeing
future revenue streams - How to provide ancillary services efficiently
- Interrelationship between transmission investment
and generation investment - Capacity auctions and reserve requirements
11Public Goods and Restructuring What is demand
side management exactly? What does it mean?
What kinds of programs does it include?
- Energy efficiency
- Load management
- Smart meters/real-time meters
12- Environment and Competition
- States RPS
- Federal standard (10 by 2020)?
- Integrated Resource Planning
- Social cost dispatch
- Coal
- Niche green power / carbon impacts and choice
13The Role of Renewable Energy Consumption in the
Nations Energy Supply, 2006
SOURCE USEIA, 2006
14SOURCE Union of Concerned Scientists (based
upon regulatory goals) Federal 10 standard would
mean approx. 80 gigawatts by 2020
15The Future of Restructuring Traditional
regulation vs. Competition vs. Public Power