IEEE Power & Energy Magazine - September/October 2021 - 17

assessing the full range of costs. The costs
addressed here are those associated with
both the consequences of these events and
the mechanisms needed to manage them.
They discuss how the changing power
system's risk, uncertainty, and resilience
profiles are seeing increasing threats from
" indistinct " events, that is, the distributed
events that act on multiple generation and
network assets in an affected area. Next,
they outline a general " stronger-biggersmarter "
framework that better manages
this uncertainty by enhancing power system
resilience.
The authors also present ideas to systematically
operationalize the proposed
framework from a regulatory-design, system-dispatch,
and market-operation perspectives.
They discuss some of the issues
that regulatory decision makers (including
policy makers and system operators) may
face. This includes making the decisions
that enhance resilience under conditions
of uncertainty and exploring the potential
frameworks that help to improve flexibility
at the lowest overall cost for consumers.
Finally, they put forward the recommendations
for how system operators might
procure new solutions and take advantage
of novel technologies to enhance power
system resilience in low-carbon grids and
make them operate more securely, even in
the face of extreme events.
Given the two separate power systems
and market designs in the east and
west coasts of Australia, this tale would
not have represented a complete picture
of Australia's electricity sector's journey
were it not for the cutting-edge work being
performed in Western Australia. This
peculiar grid, which is an island, has one
of the highest shares of DERs in the world.
In the sixth article, " Distributed Energy
Resources Roadmap, " Hadingham
et al. discuss their vision for the integration
and management of DERs. The objective
is to realize a future where DERs
are integral to a safe, reliable, and efficient
electricity system and where the full capabilities
of DERs can provide benefits
and value to all customers. The article
also includes success stories about DER
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integration for smaller microgrids in the
remote areas of Western Australia.
In this issue of IEEE Power & Energy
Magazine, the story of these two power
systems is told with a focus on what can
be learned from a country that faces a
rapid transformation and change in every
aspect of planning, operation, market,
policy, and regulatory design. Throughout
the process of pulling this issue of the
magazine together, I made new friends
and worked with an incredible group of
passionate and interested industry experts
and academics. The objective of
these professionals has been to answer the
question of how we can go through this
transformative journey while we continue
to provide a safe, secure, reliable, and
resilient power system. It has been an
honor for me to work with them. I have
enjoyed every moment of this interaction.
May you enjoy reading about these
Australian experiences and the insights
they provide.
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IEEE Power & Energy Magazine - September/October 2021

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