A Vision for a Smarter Electric Grid

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A Vision for a Smarter Electric Grid

U.S. Electricity Dynamics Markets and Policy Options CSI/USAEE March 30, 2011

Katherine Hamilton Director

What does it look like?

Why is it important? Increased reliability

More balanced and efficient system New manufacturing base, jobs, economic competitiveness Ability to integrate renewables and energy storage Engagement of consumer for more choice and control Reduced carbon emissions

What do we have to worry about? Data privacy Consumer cost and expectations Cybersecurity Standards Relationship with utilities

State versus federal jurisdiction

What policies will get us there? Clear goals on system efficiency Tax credits for new technologies Investment incentives

Federal collaboration and partnership opportunities Interoperability standards Ability to navigate FERC and state issues

What about the actual public? Listening to people Providing tools and education Making sure everyone has access to data

Treating concerns with respect Being transparent Creating culture shift