IEEE Power & Energy Magazine - November/December 2019 - 16
generation, but their output is largely
variable and intermittent. To date, only
limited applications of microgrids have
proven economical.
Customers are demanding more
choices, while new entrants are demanding an opportunity to compete
with incumbents. This dynamic reinforces the need for some form of competitive markets, at both the wholesale
and retail levels. Many customers desire at least partial independence from
the grid but want the option to call on
grid power when needed.
As the transmission and distribution system design paradigm shifts,
there are key decisions facing nontraditional stakeholders when compared
to the days of the one-way grid. They
are coming in the form of interconnection cost sharing, resiliency standards,
transmission and distribution stability,
big data and privacy considerations,
and stranded costs as the old gets
phased out and replaced with the new.
Answers to these questions affect the
solution set, and new players are continuously entering the market/industry.
Call to Action for the IEEE
PES Membership and
Governing Body
This is both a challenging and exciting
time for electricity-related industries. If
the current trend continues, electricity
has the potential to become the primary
energy source powering the economy!
Over time, the production mix will shift
toward carbon-free sources of electricity
at both the transmission and distribution
levels. Working together, PES members
can help advance the rapid expansion of
this opportunity. We seek assistance for
the following actions:
✔ Engage active participation of
executives and their organizations in PES activities and, in
return, provide value in the form
of knowledge sharing and policy
support for the growth of the
industry.
✔ Ensure the alignment of PES
activities and committees to support primary growth areas in the
industry, particularly
* the massive integration of gridscale renewable sources and
distributed energy resources
* the electrification of the transportation sector
* the electrification of the heating sector
* robust market platforms (wholesale and retail) to ensure that the
evolution occurs in a reliable and
sustainable fashion
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ieee power & energy magazine
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november/december 2019
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IEEE Power & Energy Magazine - November/December 2019
Table of Contents for the Digital Edition of IEEE Power & Energy Magazine - November/December 2019
Contents
IEEE Power & Energy Magazine - November/December 2019 - Cover1
IEEE Power & Energy Magazine - November/December 2019 - Cover2
IEEE Power & Energy Magazine - November/December 2019 - Contents
IEEE Power & Energy Magazine - November/December 2019 - 2
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IEEE Power & Energy Magazine - November/December 2019 - Cover3
IEEE Power & Energy Magazine - November/December 2019 - Cover4
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