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Energy System Resilience 36th Annual Seminar on Fuels, Power Markets and Resource Planning Katie Jereza, Deputy Assistant Secretary November 9, 2017 17cv01906 Sierra Club v. EPA ED_001523_00006049-00001 17cv01906 Sierra Club v. EPA ED_001523_00006049-00002 The memo asked staff to examine: The evolution of wholesale electricity markets Compensation for resilience in wholesale energy and capacity markets Premature baseload power plant retirements 17cv01906 Sierra Club v. EPA ., u WT i r ENERGY ED_001523_00006049-00003 Figure 1.2. Schematic of Typical Daily Load Curve Showing Base Load13 Load (MW) 50,000 . 40,000 . 30,000 20,001 0;00l 0 1 am 5 am 9-am: "1 pm i wy (f/wr) 5 pm pr'i.itinj Rc'-e-ves P ak ; oal Iriiomeriiate k> L " B.i >i< i oal Baseload power plants: 9pm- Source: FERC report - High, sustained output levels - High capacity factors - Limited cycling or ramping ' 0 h* ' * M 5 p { JU / . q -------------------------------------------------------------------------- ENERGY r 17cv01906 Sierra Club v. EPA ED_001523_00006049-00004 Premature retirement: subjective term Power plant engineers FO/ISO/reliability organization " >licy maker or legislator Mayor or employee Merchant competitor Vertically integrated utility executive Nuclear or hydroelectric plant owners and regulators "ectricity economists HenrWy ilivery 5------------------------------------------------------------------------------------------------------------------------------------------------------- ENERGi & Fwrqy RehubP.h 17cv01906 Sierra Club v. EPA ED_001523_00006049-00005 Retirements: Key drivers 1. Advantaged economics of natural gas-fired generation 2. Low growth in electricity hmand 3. Investments in environmental regulations 4. Dispatch of VRE 17cv01906 Sierra Club v. EPA HenrWy ! livery ENERGY & Fwrqy RehubP.h ED_001523_00006049-00006 |||||||li^^ , - Exhibits Attribute - ramany txhiurts AtHttra4Mu>HS y Dws Hot Exhibit Attribute Ffe^-mr R^n'.p .llHtM S WUy Control I Resource Type 3^:; fliel B!W . H^dis iO1-" Natwa! Gas - Combustion Tuibiiw Oli -SUam Coal - Steam III " :o ill lll^ i ijll e C J tetwal Gas - Steam o Oil/ Diesel - Combustion Turbme O- O' gRy. ; Kadeai o Battery/Storage ) illy - ' Solar Wind * : IJ III - Oi KgKtKt^ " - "1 .1..js;.. - - o - : - | & 11 i ?<,SS 1 \9r i JJF i|| ' - 17cv01906 Sierra Club v. EPA PJM: determine how different resources can provide ERS More work is needed to fully define, value, procure, and compensate ERS EtiEBmi- omcr- ol Hennrdy iw ENERGY & Fr,nrqy Hehub^fv ED_001523_00006049-00007 Reliability vs. Resilience 2002 2009 2016 Capacity w 2 2 Generation 2 0 1' .2 . 1 3'. -----Coal Ij'.U.jI bJl ' J , W-'di Out, 'n.; !'<dtC-JL 'Ll/ 'UoJ L.i. iS ' > 'ui-leo! Hydro -.Vr.d 'Jl> Sola' O'J'tr PJM simulation: subjected to a polar vortex event, only 34 were also resilient 17cv01906 Sierra Club v. EPA EMEBmi- crhir-ol bfecirrrMty ! livery ENERGY & Fwrqy RehubP.h ED_001523_00006049-00008 - '> > k SlBfii JO-- laea o : h ; .- siaig Wholesale-retail disconnect Limited work 3ne to-date on the affordability of the BPS as a system or portfolio at -anti 10 3fiW :iow 17cv01906 Sierra Club v. EPA EMEBm# O:r-o1 HenhrJ !hv. ENERGY & Fr,nrqy HekiiM ED_001523_00006049-00009 Department of Energy Support industry efforts and focus R&D to enhance system resilience (for example, OE awards) Accelerate and reduce costs for re/licensing and permitting Facilitate programs for workforce development Prioritize energy dominance and EO 13783 Increase coordination of electric and natural gas industries Federal Energy Regulatory Commission (FERC) Expedite efforts to reform energy price formation Value new/existing essential reliability services Environmental Protection Agency (EPA) Allow coal-fired power plants to improve efficiency and reliability without triggering new regulatory approvals and associated costs Nuclear Regulatory Commission (NRC) Revisit nuclear safety rules Ensure safety without unnecessarily adding costs 17cv01906 Sierra Club v. EPA ., u WT i r ENERGY ED_001523_00006049-00010 Study mechanisms to enable equitable, value- based remuneration for desired grid attributes Evaluate ongoing capacity market reforms Develop policy metrics and tools for evaluating system-wide provision of these attributes Examine ways to improve power generator fuel delivery data collection 17cv01906 Sierra Club v. EPA Estimate systemwide costs of different generation mixes and sensitivities to fuel price fluctuations Update analysis of subsidies and support for electricity production Explore potential to utilize existing authorities to ensure system reliability and resilience Explore costs and benefits of states applying cost-ofservice regulation to at-risk plants --------------------- ENERGY ED_001523_00006049-00011 17cv01906 Sierra Club v. EPA ED_O01523_00006049-00012