Post on 11-Nov-2014
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The benefits of smart grid technology for buildings, Cities and sustainability
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Where We Are Today?
• Viridity founded to give new info and technology to consumers
• March 2011 FERC ruling: a MW generated is financially equivalent to a MW conserved NEGAWATT = MEGAWATT
• Consumer-led demand reductions lead to lower power prices—interesting politics
Just like IT and telecom, our energy network is on the cusp of a paradigm shift – led by advanced technology, networked devices, and informed consumer choice.
Information Technology Telecommunications Power Grid
Supply Demand
Industrial
CommercialDistributionSubstation
Transmission Substation
The Existing Grid is a “one-way street”
Residential
Generators
Renewables
IPPLocalUtility
The grid must continuously balance production and consumption04/08/2023 3Highly Confidential
RTO/ISO Markets Serve in Excess of 80% of North American Power Customers
11/04/2009 Highly Confidential 5
Congestion, Grid Reliability
CRITICAL CONGESTION AREA
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The Power Grid of the Future requires advanced tools to coordinate distributed energy resources
Source: iTeres
WindFarm
Offices
Central Power Plant
Storage
Industrial Plant
Generators
Isolated Microgrids
HousesSolar Panels
Storage
Storage
Generators
Storage
The Smart Grid is a Two Way Street
Global proliferation of distributed energy resources:• Distributed
generation• Distributed
storage• Controllable load
Clusters of these distributed resources organized in microgrids
4/26/2011 © 2011 Viridity Energy Inc. All Rights Reserved
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Traditional Demand Response is a Directed Actionto Minimize Stress on the Grid
RTO MarketsGrid Operators
Distribution UtilitiesRetail Energy
Suppliers
Wholesale Physical MarketsRegulatory agency: FERC
Retail MarketsRegulatory agencies: states
Generation
Transmission
7© 2011 Viridity Energy Inc. All Rights Reserved4/26/2011
Buy
SellLoad Control
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Viridity Energy’s Demand Optimization (vs. Traditional Demand Response) integrates controlled load into real time market operations as a virtual power resource (a closed loop system)
RTO MarketsGrid Operators
Distribution UtilitiesRetail Energy
Suppliers
The Wholesale Markets Establish the Real Time Price
Generation
Transmission
Sell
8© 2011 Viridity Energy Inc. All Rights Reserved4/26/2011
Buy
Sell
The Value of Customer Energy Resources are Enhanced when Integrated into the Real Time Dispatch
Confidential
Leveraging a Building for Energy Savings and Revenues
Efficiency - Reduction of KW consumption per square foot over all hours
Demand Response – The ability to reduce consumption in response to a utility request
Dynamic Demand Optimization – The automated and continuous active management of building load from the power grid in reaction to real time prices while ensuring that tenant comfort, sustainability and productivity concerns are addressed.
1/20/2010
Economic Value to the Market
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04/08/2023
$5 million = direct payout to DSR instead of additional generation dispatched at higher price.
$650 million = indirect savings per day to system during the week from DSR through lower marginal clearing prices
1,367 Tons
15,855 Barrels
227,965 MCF
Benefits of DR to PJM Customers
Coal
Heavy Oil
Natural Gas
Quantity of fuel displaced by voluntary load reductionduring peak usage periods 1 August 2006 through 4 August 2006
Source: PJM
Drexel UniversityHagerty Library, Law Library, Law School(6% of Whole Campus Load)
1 2 3 4 5 6 7 8200
250
300
350
400
450
500
550
600
650
700
July 16, 2010* Actions
Action Start/End
Customer Baseline
Metered Load
Time
Load
(kW
)
15% Reduction
Total Reduced - 622.83 kWhEstimated Revenue - $101.28Projected if Whole Campus Optimized - $1,838.19
*This is a representative weekday during the operational period of June-July 2010.Reduction was achieved with a two-degree change.
Highly Confidential 131/7/2010
VPowerT
M
Viridity Energy’s Network Operations CenterConshohocken, PA
Lower Manhattan2 Rudin & 1 Verizon
NYCEDC 3 Bldgs Brooklyn Cruise Terminal,
Brooklyn Army Terminal,
Brooklyn Meat Terminal
2 Buildings in Long Island CityCitiGroup
La Guardia
Community College
Control Center
Middleware
New York ISOControl Center
Viridity/NYC Smart Grid6 Identified Buildings, 4 TBD
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SEPTA improves quality, saves money, cuts carbon
SEPTA generates new income Region’s power grid more reliable, efficient,
green
Regenerative brake power charges battery
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Viridity optimizes battery charge and dischargeViridity integrates battery operation with
PECO distribution system and PJM wholesale power market
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3
SEPTA Recycled Energy & Optimization Project
Benefits
1
2
Battery Storage System
SEPTA Train Station
Battery Optimization Schedule
200
250
300
350
400
450
500
550
600
650
700
1:00 2:00 3:00 4:00 5:00 6:00 7:00 8:00 9:00 10:0011:0012:0013:0014:0015:0016:0017:0018:0019:0020:0021:0022:0023:00 0:00
Lo
ad
(kW
)
Time
July 16, 2011
PECO Power Grid
PJM Power Market
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1
Battery Optimization Schedule
200
250
300
350
400
450
500
550
600
650
700
1:00 2:00 3:00 4:00 5:00 6:00 7:00 8:00 9:00 10:0011:0012:0013:0014:0015:0016:0017:0018:0019:0020:0021:0022:0023:00 0:00
Loa
d (k
W)
Time
July 16, 2011
© Viridity Energy 2010
Confidential
Place-Based ‘Smart City’ Efforts -Cities are where Climate policy will be achieved• Austin Pecan Street Project neighborhood
smart grid • Ft. Collins FortZed net
zero energy district
• Chicago/Charlotte Virtual Microgrid smart grid aggregation of commercial buildings
Philadelphia’s assets:• Greenworks Philadelphia• ARRA EnergyWorks Program• PECO Smart Grid/Act 129
• GPIC
New York’s assets:• PlaNYC• Greater Green Buildings Plan• NYSEEC• NYSERDA• ConED1/20/2010
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A smart grid vision for the future
1. Pro-sumers: Universities, hospitals, skyscrapers, and corporate campuses that use new technologies and information to make smarter, cost-effective choices about their energy use.
2. MicroGrids: Sites that combine distributed generation, onsite storage, and optimized energy use to improve energy security and reduce electricity bills.
3. A Sustainable Grid: through new technology and consumer action, a transmission network that delivers power more securely, more inexpensively, and more environmentally friendly.
Thank You.