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Distributed Electricity Vs Grid
Views: 521
May 11 2013 02:35 PM | eds in Economy & Politics
The Princeton Energy and Environment Corporate Affiliates Program meeting.
. . . “We decided it was critical to bring the major players together
. . . to discuss a new approach for valuing distributed energy and
. . . to do it in a neutral and thought-provoking environment,
. . . which Princeton provides,” Hoskins said.
The utility industry is undergoing a transformation
. . . similar to that of the telecommunications industry,
. .. which was disrupted and reorganized by the advent
. . . of the Internet and wireless communications.
Realizing the benefits and avoiding the pitfalls of the transition
. . . requires effective policy decisions at an early stage, Bradford said.
A key theme at the meeting was
. . . the need to change the way various aspects of
. . . generating and transmitting electricity are valued and priced.
Utility representatives and some regulators expressed concern that
. . . if consumers and businesses generate their own electricity
. . . then costs of maintaining the public systems
. . . will increasingly bear on the remaining consumers.
“Everybody saw the Super Bowl outage,” Wellinghoff said,
. . . the 1/2 hour blackout that disrupted the 2013 football championship. “Everybody saw Hurricane Sandy's outages in lower Manhattan very graphically.
. . . People will want to have more control.
. . . People will want the ability to flip the switch and
. . . know that when they flip the switch they are in control.”
Noting that such independent systems
. . . known in the industry as distributed energy
. . . create significant potential benefits to society,
. . . Wellinghoff called on the 31 assembled executives, regulators and
. . . academic researchers to look for agreement
. . . about how to set prices that encourage innovation,
. . . while continuing to fund the infrastructure needed
. . . for people and businesses that rely on centralized, public systems.
Source: Princeton
. . . “We decided it was critical to bring the major players together
. . . to discuss a new approach for valuing distributed energy and
. . . to do it in a neutral and thought-provoking environment,
. . . which Princeton provides,” Hoskins said.
The utility industry is undergoing a transformation
. . . similar to that of the telecommunications industry,
. .. which was disrupted and reorganized by the advent
. . . of the Internet and wireless communications.
Realizing the benefits and avoiding the pitfalls of the transition
. . . requires effective policy decisions at an early stage, Bradford said.
A key theme at the meeting was
. . . the need to change the way various aspects of
. . . generating and transmitting electricity are valued and priced.
Utility representatives and some regulators expressed concern that
. . . if consumers and businesses generate their own electricity
. . . then costs of maintaining the public systems
. . . will increasingly bear on the remaining consumers.
“Everybody saw the Super Bowl outage,” Wellinghoff said,
. . . the 1/2 hour blackout that disrupted the 2013 football championship. “Everybody saw Hurricane Sandy's outages in lower Manhattan very graphically.
. . . People will want to have more control.
. . . People will want the ability to flip the switch and
. . . know that when they flip the switch they are in control.”
Noting that such independent systems
. . . known in the industry as distributed energy
. . . create significant potential benefits to society,
. . . Wellinghoff called on the 31 assembled executives, regulators and
. . . academic researchers to look for agreement
. . . about how to set prices that encourage innovation,
. . . while continuing to fund the infrastructure needed
. . . for people and businesses that rely on centralized, public systems.
Source: Princeton
