At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do...
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![Page 1: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/1.jpg)
At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics
Which Way Do I Go?
Brian Parsonnet & Chris Hickman
![Page 2: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/2.jpg)
Intelligent, Distributed Energy Storage
![Page 3: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/3.jpg)
Ice-on-Coil Heat Exchanger
![Page 4: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/4.jpg)
Why are we here?
Searching for an answer
Do we know what problem we are actually trying to solve?
Do we know how problems actually get solved?
![Page 5: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/5.jpg)
Knowledge Management (KM)• What is Knowledge Management
– Knowledge Management is the discipline of enabling a workforce to better fulfill business objectives via more effective decision making
• KM has 4 universal components– Information (Content, Data)– Community (The workforce; KM is shared among a group)– Interaction (How the workforce shares information)– Know-how (Skills of the individuals)
• OSIsoft UC 2009 is an excellent example
![Page 6: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/6.jpg)
KM technologies are transformationalInformation / Content
![Page 7: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/7.jpg)
KM technologies are transformationalInformation / Content
• Radio, Television• Desktop Publishing
![Page 8: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/8.jpg)
KM technologies are transformationalInformation / Content
• Radio, Television• Desktop Publishing• Internet
• Web publishing• Wikipedia• Document repositories• Search Engines
Internet
![Page 9: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/9.jpg)
KM technologies are transformationalInformation / Content
• Radio, Television• Desktop Publishing• Internet
Community• Travel, City Infra.
• Web publishing• Wikipedia• Document repositories• Search Engines
Internet
![Page 10: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/10.jpg)
KM technologies are transformationalInformation / Content
• Radio, Television• Desktop Publishing• Internet
Community• Travel, City Infra.• Internet
• Web publishing• Wikipedia• Document repositories• Search Engines• On-line meetings• Portals• Social Networking
Internet
![Page 11: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/11.jpg)
KM technologies are transformationalInformation / Content
• Radio, Television• Desktop Publishing• Internet
Community• Travel, City Infra.• Internet
Interaction• Telephone, Telegraph• Fax, Cell Phones
• Web publishing• Wikipedia• Document repositories• Search Engines• On-line meetings• Portals• Social Networking
Internet
![Page 12: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/12.jpg)
KM technologies are transformationalInformation / Content
• Radio, Television• Desktop Publishing• Internet
Community• Travel, City Infra.• Internet
Interaction• Telephone, Telegraph• Fax, Cell Phones• Internet
• Web publishing• Wikipedia• Document repositories• Search Engines• On-line meetings• Portals• Social Networking• email• Text Messaging• Workflow• Chat Rooms
Internet
![Page 13: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/13.jpg)
KM technologies are transformationalInformation / Content
• Radio, Television• Desktop Publishing• Internet
Community• Travel, City Infra.• Internet
Interaction• Telephone, Telegraph• Fax, Cell Phones• Internet
Know-how• Universities
• Web publishing• Wikipedia• Document repositories• Search Engines• On-line meetings• Portals• Social Networking• email• Text Messaging• Workflow• Chat Rooms
Internet
![Page 14: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/14.jpg)
KM technologies are transformationalInformation / Content
• Radio, Television• Desktop Publishing• Internet
Community• Travel, City Infra.• Internet
Interaction• Telephone, Telegraph• Fax, Cell Phones• Internet
Know-how• Universities• Internet
• Web publishing• Wikipedia• Document repositories• Search Engines• On-line meetings• Portals• Social Networking• email• Text Messaging• Workflow• Chat Rooms• Web Services• Agents
Internet
![Page 15: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/15.jpg)
The Internet is a driver
• The internet is driving profound change– How we work– How we think– Our culture
• It’s effecting every industry– And it comes a great time for utilities
![Page 16: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/16.jpg)
KM and the Utilities• Information
– Operating currently with very limited access and visibility
• Community– Utility personnel, few outside
parties• Interaction
– Manual, slow• Know-how
– Very few true experts
Smart Grid examples• AMI • Community explodes to
include consumers • 596 Protocol Standards• Huge influx of players,
algorithms
…but what problem are we trying to solve?
![Page 17: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/17.jpg)
THE Problem – Load Shape
![Page 18: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/18.jpg)
Energy Economics 101The laws of supply and demand state that the equilibrium market price and quantity of a commodity is at the intersection of consumer demand and producer supply. However, when demand exceeds supply, significant shifts in price will occur.
![Page 19: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/19.jpg)
THE Problem – At the system level
$65 per MWh$80 per MWh
$120 per MWh
$200 per MWh
$750 per MWh
$5,000 per MWh ($5 per kWh)
![Page 20: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/20.jpg)
The Symptoms
• Reliability• Market Inefficiency• Customer Dissatisfaction• Regulatory/Legislative Pressure
![Page 21: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/21.jpg)
The result
![Page 22: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/22.jpg)
The Solution
![Page 23: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/23.jpg)
The Solution
![Page 24: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/24.jpg)
Which way do I go?
• Transform IT from risk mgt to strategic partner• Focus on what you are good at!• Partners Win – Independents Lose• Start with the Foundation – Not the Roof• Solution – NOT Product• Start Now – Can’t wait
![Page 25: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/25.jpg)
What are we waiting for?
![Page 26: At the Crossroads of Reliability, Regulatory Pressure, Smart Grid and Energy Economics Which Way Do I Go? Brian Parsonnet & Chris Hickman.](https://reader035.fdocuments.us/reader035/viewer/2022070306/5517112b550346f5558b54b5/html5/thumbnails/26.jpg)
Thank you!