DNV GL (formerly DNV KEMA), a leading global advisory and independent testing authority in energy, will extend its knowledge and research on resilience, distributed energy resources (DER) and transactive energy to attendees at the Institute of Electrical and Electronics Engineering (IEEE) Power & Energy Society General Meeting 2014 July 27 – 31 at the Gaylord National Resort & Convention Center in National Harbor, Maryland.
Statistics indicate that extreme weather is the leading cause of electric grid disturbances in the U.S. The fraction of all grid disturbances caused by weather-related phenomena has more than tripled from roughly 20% in the 1990s to 65% in recent years. These threats are intensifying and are magnifying the need to transform. Not only is the industry struggling to keep pace with regulatory complexity and threats to the grid, but this transformative period is driving the need to adopt new technologies and processes that engage all the intelligent devices in the power grid – from consumer to transmission system – to optimize resource allocation and demand management.
To address these trends and challenges, and in keeping with this year’s event theme, “Charting the Course to a New Energy Future”, DNV GL will offer new insights on resilience and transactive energy on three key panels:
Extreme Events and Disaster Management – Global Perspective Panel
Tuesday, July 29
Camellia 2 Room
Dick Bratcher, Senior Principal Consultant, Energy Advisory, DNV GL, will discuss how to assess climate change hazards to electric power infrastructure and how to leverage this information to create actionable plans to address the threat.
Cyber Physical Systems Challenges for the Power Grid of the Future Panel
Tuesday, July 29
National Harbor 7 Room
Dr. Ralph Masiello, Senior Vice President & Innovation Director for Energy Advisory, DNV GL will explore an approach to Markets 3.0” -- what companies are doing to integrate distributed resources and the demand side into the markets so that they can take advantage of communications and technology, especially the Internet, to give customers the direct participation and benefits they expect and demand.
Dr. Masiello is an IEEE Fellow who recently published this article on Markets 3.0 in IEEE Smart Grid.
Transactive Energy Techniques for End-to-End Power System Operation Panel
Wednesday, July 30
Potomac 1 Room
Dr. Masiello will discuss the possibilities and limitations of extending the wholesale/bulk power transactive techniques to retail markets and distribution operations including the potential benefits of efficiency gains in investment, operations and innovation through markets. He will also explore how consumers benefit from lower costs, and the use of automation to manage electricity use and to purchase the level of reliability they desire.
In addition to providing actionable insights as part of the learning program, DNV GL has invested heavily in developing key 'themes for the future'- areas where it has leveraged its leading position in energy risk management, innovation and impartiality as well as its broader energy expertise to translate vision into impact. DNV GL, which invests 5% of its revenue in industry research, has selected these themes as part of its efforts to take a broader view of the relationship between technology, business and society. These strategic reports will be available to participants at each of the DNV GL panel sessions:
DNV GL is the lanyard and mobile app sponsor of the event.