NYISO Market Initiatives

Transcription

1 NYISO Market Initiatives Robb Pike Director Market Design New York Independent System Operator Ventyx Market Leadership Council Santa Clara, CA April 23, 2012

2 Topics Roles of the NYISO Smart Grid Integrating Renewables Regional Collaboration 2

3 The Roles of the NYISO Reliable operation of the bulk electricity grid Managing the flow of power on 11,000 circuit-miles of transmission lines from more than 300 generating units Administration of open and competitive wholesale electricity markets Bringing together buyers and sellers of energy and related products and services Planning for New York s energy future Assessing needs over a 10-year horizon and evaluating projects proposed to meet those needs Advancing the technological infrastructure of the electric system Developing and deploying information technology and tools to make the grid smarter 3

4 Smart Grid Smart Grid Investment Grant Project NYISO Control Center Project Smart Grid Vision 4

5 SGIG Project Smart Grid Investment Grant (SGIG) Three-Year project -- $74 Million (DOE SGIG funding of $37 Million to cover 50% of project cost) Project components Creation of a statewide Phasor Measurement Network Installation of Capacitor Banks Enhanced reliability PMU Installation one of key DOE recommendations from 2003 blackout study endorsed by FERC and NERC 5

6 NYISO Infrastructure New state-of-the-art primary control center in a facility adjacent to existing corporate center Renovation of 42- year-old power control facility to serve as alternate control center Existing Corporate Center New Primary Power Control Center 6

7 NYISO Smart Grid Vision Lower costs and expand consumers understanding and control of their electricity use Enhance the reliability and efficiency of the power system by improving grid operators situational awareness and control Assist the growth of renewable resources and complementary energy storage resources 7

8 Greening the Grid Wind Power Energy Storage Solar Power 8

9 Wind Market Innovations 2006 NYISO exempts wind from undergeneration penalties as a variable energy resource 2008 NYISO establishes centralized wind forecasting system established 2009 NYISO integrates wind into Economic Dispatch system (First in nation) Growing wind in NY Wind-powered generating capacity in NY grew from 48 MW in 2005 to 1,414 MW in 2012 More than 4,000 MW of additional wind proposed for interconnection to NY grid 9

10 Storage Market Innovation NYISO implements first market rules in US enabling storage systems to participate in the markets as frequency regulation providers Energy storage complements development of variable energy resources NY s Energy Storage Firsts First commercial grid-scale battery-based storage system to operate as a generator in the US First full-scale flywheel energy storage facility to provide frequency regulation service in the US 10

11 Solar Market Innovation 2012 NYISO exempts solar power from undergeneration penalties to compensate solar fully for all energy production Future Market evolution for solar resources likely to parallel wind power initiatives Grid-scale solar in NY The largest photovoltaic array in the eastern US is the 32-MW Long Island Solar Farm at Brookhaven National Laboratory completed in Nov

12 Broader Regional Markets Address seams between regional markets and grid operations Collaborative effort - NYISO, PJM Interconnection, Midwest ISO, ISO-New England, Ontario s Independent System Operator and Hydro Quebec 12

13 Interregional Planning Eastern Interconnection Planning Collaborative 25 electric system planning authorities in U.S. and Canada representing 95% of Eastern Interconnection U.S.DOE awarded $16M in funding for the EIPC and $14M to the related EISPC 13

14 The New York Independent System Operator (NYISO) is a not-for-profit corporation responsible for operating the state s bulk electricity grid, administering New York s competitive wholesale electricity markets, conducting comprehensive long-term planning for the state s electric power system, and advancing the technological infrastructure of the electric system serving the Empire State. 14