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Energy Law

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... Reliability Council (NERC) Regions for the Contiguous United States and Alaska ... Postage stamp rates. Ramsey pricing. Congestion ... – PowerPoint PPT presentation

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Title: Energy Law


1
Energy 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
4
North American Electric Reliability Council
(NERC) Regions for the Contiguous United States
and Alaska
5
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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

7
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8
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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

11
Public 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

13
The Role of Renewable Energy Consumption in the
Nations Energy Supply, 2006
SOURCE USEIA, 2006
14
SOURCE Union of Concerned Scientists (based
upon regulatory goals) Federal 10 standard would
mean approx. 80 gigawatts by 2020
15
The Future of Restructuring Traditional
regulation vs. Competition vs. Public Power
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