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FREE- Electricity Capacity Mechanisms of the Future: What Will Work and What Will Not?

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Wednesday, July 08, 2020
01:00 PM - 02:15 PM (UTC-05:00) Eastern Time (US & Canada)

FREE Program

This program is co-sponsored by the Energy Bar Association and the USAEE.

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We all count on the lights going on whenever we flip the switch. However, as we retire more baseload capacity, add substantial intermittent resources, and sharply increase generation on the distribution system, there's real concern about how to best ensure the generating capacity for power available on a 24/7/365 basis. On top of this huge transition, there are highly divergent approaches to ensuring that capacity is adequate, with widely different costs at different times. As we enter this new era, which one(s) will work best to ensure reliability at a reasonable cost, and send the right price signals at the wholesale and retail levels? This webinar will provide cross-cutting perspectives on key issues such as:

  • Where is the line between state and FERC/RTO responsibility?
  • How should we treat variable wind and solar in a capacity market?
  • Would greater interregional transmission capacity help?
  • What role should the demand side play in ensuring adequate capacity?
  • Capacity auctions vs the Texas model - can both ensure adequacy when supplies get tight?
  • Will the transition to digitized, smart power system controls and monitors help or hurt?

Speakers:    

JJimison_2014   glazer2   Pat_Wood_III

Moderator: John Jimison Esq., General Counsel, IAEE/USAEE

John Jimison

John W. Jimison is an attorney and energy policy expert, retired after a 48-year professional career featuring a number of significant roles.  He seved five years as Managing Director of the Energy Future Coalition of the United Nations Foundation. From 2007 to 2011, Mr. Jimison served as Senior Counsel to the Energy and Commerce Committee of the U.S. House of Representatives, with lead staff responsibility for legislation concerning energy efficiency, regulatory matters, energy markets, and electric grid modernization.  He was the lead House staffer for energy efficiency and electric grid matter for that period, and responsible for staffing many current statutory provisions.  Mr. Jimison practiced law from 1987 through 2006 in Federal and state forums, representing clients affected by natural gas regulation, companies developing cogeneration, municipal utilities, and Canadian gas producers.  He served as Adjunct Professor of Energy Policy at the Johns Hopkins University.  From 1982-1985, he was Principal Administrator at the International Energy Agency in Paris, France, responsible for electricity and natural gas policy and analysis, as well as the designated country expert for Spain and Australia.  During the period from 1972 through 1981 he held several positions on Capitol Hill, including a previous period as Counsel to the Energy and Commerce Committee, service as Head of the Energy Section of the Congressional Research Service (Library of Congress), and as Professional Staff to the Senate Commerce Committee.

 

 In his retirement, he supports several non-profit energy organizations on a pro-bono basis.  He continues to serve as General Counsel to both the International Association for Energy Economics and the U.S. Association for Energy Economics.  He serves as a Director, Secretary and General Counsel to a diverse coalition favoring an expanded, modernized, and integrated high-voltage power system and bulk-power market, Americans for a Clean Energy Grid.  He is a co-organizer of the Energy Transition Forum, a top-level gathering of energy industry executives meeting each year in both Europe and the United States and now expanding to China.  He volunteers with the Care for Creation network of the Roman Catholic Church.   He is also Treasurer of his community homeowners’ association and Treasurer of the Gabriel Homes Foundation, which supports supervised housing for mentally handicapped adults.

 

He has received national and international awards from the Alliance to Save Energy, the National Association of State Energy Officers, the International District Energy Association, the International Association for Energy Economics, and the Demand Response Coordinating Committee.  He is a graduate of the College of Wooster and Georgetown University Law Center, a member of the Washington, D.C., and Virginia Bars, a member of the Energy Bar Association, and a former Peace Corps volunteer in Somalia, East Africa.  

 

Panelists:

Craig Glazer serves as the Vice President--Federal Government Policy for PJM Interconnection. In this capacity, Mr. Glazer coordinates all of PJM's regulatory and legislative policies before Congress, the Federal Energy Regulatory Commissions, the United States Department of Energy and other federal agencies. PJM operates the largest competitive wholesale electricity market in the world and serves over 9% of the United States population. Mr. Glazer heads PJM's Washington, D.C. office. (More Information)

Pat Wood Pat Wood III is the past Chairman of the Federal Energy Regulatory Commission (FERC) and of the Public Utility Commission of Texas (PUCT). The son of a small businessman, Mr. Wood has been a forceful advocate throughout his career for replacing government-centered regulation with customer-focused, technology-unleashing competition.

Today, as CEO of Hunt Energy Network, Mr. Wood's focus is on new power system infrastructure and the related business systems to integrate it into competitive power markets. (More Information)

Julia Frayer is a Managing Director at London Economics International LLC ("LEI") with more than 20 years of experience providing expert insights and consulting services in the power and infrastructure industries. She has worked extensively in the US, Canada, Europe, and Asia on a range of issues in the electricity sector, including wholesale market analysis (to support policy analysis, investment and commercial strategy, resource planning, M&A due diligence, and wholesale market design). Julia also has experience with regulatory matters in the electricity sector, including expertise on tariff design, performance-based ratemaking, and market power regulation. (More Information)

Sarah Novosel (invited), Counsel to Calpine

 

 

Registration Information:

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Membership Information:

EBA - Please visit: https://www.eba-net.org/membership/member-benefits/

IAEE - Please visit: https://www.iaee.org/en/membership/benefits.aspx.

 

 

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