Value of DER to the grid – Overview and Methodology

 


Presented by: Dr. Shay Bahramirad, Ph.D., VP Engineering and Smart Grid

June 20th 2019, 11:00am EDT 

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Distributed Energy Resources (DERs) provide value through multiple streams and under various categories including the environment, economy and the electric system. One crucial type of value is that DERs may defer the need for capacity upgrades, making the grid more economical. Recognizing this, several states are pursuing different approaches to valuing DER’s contribution to the grid. These methodologies to value DER can range between being highly granular to a generalized one, thus leading to varied levels of complexity and ease of implementation. Effective valuation mechanisms for DERs will enable efficient allocation of resources to best improve the planning, operation, resilience and reliability of the distribution system. This presentation will introduce the key concepts in valuing DERs and introduce framework being developed by ComEd, while summarizing recent developments in the methodology and present the analysis for valuing DERs on the distribution grid. The general challenges associated with the design and implementation will also be discussed.


WHO SHOULD ATTEND: This webinar will benefit a wide community including utilities, stakeholders in the DER industry, regulatory bodies, RTO’s, academicians and students with research interest in non-wire alternatives and evaluation of their role in the energy industry.


 

ABOUT THE SPEAKER:

ImageDr. Shay Bahramirad serves as a strategic business leader in Commonwealth Edison, the electric utility serving Northern Illinois including Chicago, working on the 21st century power grid transformation and the new energy economy. She holds executive responsibility for ComEd’s vision of the grid of the future, ComEd system reliability, engineering, and planning, as well as developing frameworks for emerging technology roadmaps and investment strategies. Bahramirad is an Editorial Board Member of Electricity Journal, an Adjunct Professor at the Illinois Institute of Technology, and the IEEE/PES Vice President of New Initiatives and Outreach, overseeing the organization’s engagement with policy makers globally, and developing strategies for next generation of standards and frameworks, including Smart Cities.

AFTER THE WEBINAR IS PRESENTED

For any questions, please contact Phyllis Caputo at p.caputo@ieee.org.

To view previous webinars on-demand, visit the IEEE Smart Grid Resource Center