May.Matos.The Smart Grid and Solar
The Smart Grid and Solar: Utility Smart Grid Efforts and the Practical Implications for Solar SEPA Webinar May 6, 2010
Alfredo Z. Matos Vice President Renewables and Energy Solutions
Public Service Enterprise Group (PSEG) PSEG is a publicly traded energy and energy services company (NYSE: PEG): – PSEG Energy Holding – PSEG Power – PSEG Services Corporation – PSE&G ●Total assets: $29 billion ●Total annual revenues: $13.3 billion ●Employees: Approximately 10,500 ●In 2003, PSEG celebrated its 100th anniversary. ●PSEG has paid a dividend annually since 1907. ●NJBiz Magazine's 2007 New Jersey Corporation of the Year award for financial results, leadership on environmental issues and commitment to New Jersey. ●Ranked 101 on the 2008 Forbes 400 Best Big Companies list. ●Ranked 190 on the 2009 Fortune 500 list. ●Named in 2009 for a second year to the Dow Jones 2 Sustainability North America Index (DJSI North America).
NJ’s oldest & largest regulated electric & gas delivery utility
• Electric customers: 2.1 million • Gas customers: 1.7 million • Service Territory: Approximately 2,600 sq mi. • Reliability: Names for a third time as America's most reliable electric utility, by receiving the prestigious National Reliability Excellence Award from the industry benchmarking group, PA Consulting. • 150,000 miles of wire • 33,000 miles of pipe • 3.6 million customers • $7.6B in revenues • 6,100 employees • Four major unions • 24/7 operations
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81MW - ~ $250MM Facilitates solar firms to develop projects and create jobs
~ 40 to 60% of total installed cost is loaned Pay over 1015 years with cash OR “SRECs”
Program is simple, safe, smart
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PSE&G Solar 4 All Program ($515MM Investment) PSE&G to invest in, own, operate 80 MW of grid-connected solar systems by collaborating with experienced solar developers, installers and manufacturers to develop projects. Solar at Urban Enterprise Zones (5MW) Providing universal access to under served areas.
Solar on PSE&G sites (25 MW) Use existing sites.
Solar on third party owned sites (10MW) brownfields, non-profit-owned real estate, and underdeveloped real estate, with dependence on the market to develop projects.
Neighborhood Solar (40MW) Solar units attached to utility poles and street lights in neighborhoods throughout PSE&G’s service territory.
Implement program using allhand-on-deck strategies creating good paying jobs and providing customers solar energy
Hiring ~ 22 solar developer firms, prevailing wage installers, contract-employees, and other disciplines to execute project
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Innovation **Neighborhood Solar** Innovation 40MW of Grid-Connected Pole-Attached Solar ●
Make solar energy available to every neighborhood in PSE&G’s service area, ensuring universal access
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Smart solar units on PSE&G utility poles and street lights in neighborhoods throughout PSE&G’s service territory.
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PSE&G skilled workforce, or contractors can install these 200 watt units over a 3 year period.
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Energy & Capacity sold to PJM wholesale market.
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Generates SRECs, eligible for ITC, both returned to utility customers.
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Creates green jobs at prevailing wages
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• PSE&G awarded Petra Solar, a NJ based manufacturing company, to provide smart solar units for pole attachment. • Petra Solar hired 100+ employees in order to deliver the targeted units on a weekly bases and expanded its manufacturing facilities in NJ. • PSE&G used utility line workforce to initially install units and supplemented installation with the hire of a NJ based electrical contractor. Together with hired pole ` inspectors, the project created another 100+ jobs. • The following slides provided Petra Solar to described the technology being deployed. 8
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tem s y s , the t c e j t of r o r a p p r s a sola viewing a arty s a re tem e dp s r b i y l h s l t i s f w i th G no & g o i E n t i i ons l S i l d t P a d a t t a c s i a un the s th is in m g e i s n m ’ t i i l o G i d c is pab SE & h nclu a i t P c , e y e r s l i g e ate Wh oth ay u r t h m s t i t d a w i r th s come all Smart G reporting er ta g e u o its ov d s an e c i v de ne. o b k c ba
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Customer Control of Energy ...through Technology and Education Vision: Integrated Smart Grid
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Can the Vision become real? Will need regulatory support and vigilance to deploy such a vision. To achieve success we must move from pilots to aggressive initiatives and invest in facilities and systems in ways that demonstrate our commitment to a sustainable future. It will take a paradigm shift!
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Alfredo Z. Matos Vice President Renewables and Energy Solutions
Public Service Enterprise Group (PSEG) PSEG is a publicly traded energy and energy services company (NYSE: PEG): – PSEG Energy Holding – PSEG Power – PSEG Services Corporation – PSE&G ●Total assets: $29 billion ●Total annual revenues: $13.3 billion ●Employees: Approximately 10,500 ●In 2003, PSEG celebrated its 100th anniversary. ●PSEG has paid a dividend annually since 1907. ●NJBiz Magazine's 2007 New Jersey Corporation of the Year award for financial results, leadership on environmental issues and commitment to New Jersey. ●Ranked 101 on the 2008 Forbes 400 Best Big Companies list. ●Ranked 190 on the 2009 Fortune 500 list. ●Named in 2009 for a second year to the Dow Jones 2 Sustainability North America Index (DJSI North America).
NJ’s oldest & largest regulated electric & gas delivery utility
• Electric customers: 2.1 million • Gas customers: 1.7 million • Service Territory: Approximately 2,600 sq mi. • Reliability: Names for a third time as America's most reliable electric utility, by receiving the prestigious National Reliability Excellence Award from the industry benchmarking group, PA Consulting. • 150,000 miles of wire • 33,000 miles of pipe • 3.6 million customers • $7.6B in revenues • 6,100 employees • Four major unions • 24/7 operations
4
81MW - ~ $250MM Facilitates solar firms to develop projects and create jobs
~ 40 to 60% of total installed cost is loaned Pay over 1015 years with cash OR “SRECs”
Program is simple, safe, smart
5
PSE&G Solar 4 All Program ($515MM Investment) PSE&G to invest in, own, operate 80 MW of grid-connected solar systems by collaborating with experienced solar developers, installers and manufacturers to develop projects. Solar at Urban Enterprise Zones (5MW) Providing universal access to under served areas.
Solar on PSE&G sites (25 MW) Use existing sites.
Solar on third party owned sites (10MW) brownfields, non-profit-owned real estate, and underdeveloped real estate, with dependence on the market to develop projects.
Neighborhood Solar (40MW) Solar units attached to utility poles and street lights in neighborhoods throughout PSE&G’s service territory.
Implement program using allhand-on-deck strategies creating good paying jobs and providing customers solar energy
Hiring ~ 22 solar developer firms, prevailing wage installers, contract-employees, and other disciplines to execute project
6
Innovation **Neighborhood Solar** Innovation 40MW of Grid-Connected Pole-Attached Solar ●
Make solar energy available to every neighborhood in PSE&G’s service area, ensuring universal access
●
Smart solar units on PSE&G utility poles and street lights in neighborhoods throughout PSE&G’s service territory.
●
PSE&G skilled workforce, or contractors can install these 200 watt units over a 3 year period.
●
Energy & Capacity sold to PJM wholesale market.
●
Generates SRECs, eligible for ITC, both returned to utility customers.
●
Creates green jobs at prevailing wages
7
• PSE&G awarded Petra Solar, a NJ based manufacturing company, to provide smart solar units for pole attachment. • Petra Solar hired 100+ employees in order to deliver the targeted units on a weekly bases and expanded its manufacturing facilities in NJ. • PSE&G used utility line workforce to initially install units and supplemented installation with the hire of a NJ based electrical contractor. Together with hired pole ` inspectors, the project created another 100+ jobs. • The following slides provided Petra Solar to described the technology being deployed. 8
9
10
tem s y s , the t c e j t of r o r a p p r s a sola viewing a arty s a re tem e dp s r b i y l h s l t i s f w i th G no & g o i E n t i i ons l S i l d t P a d a t t a c s i a un the s th is in m g e i s n m ’ t i i l o G i d c is pab SE & h nclu a i t P c , e y e r s l i g e ate Wh oth ay u r t h m s t i t d a w i r th s come all Smart G reporting er ta g e u o its ov d s an e c i v de ne. o b k c ba
11
12
13
14
15
16
Customer Control of Energy ...through Technology and Education Vision: Integrated Smart Grid
17
Can the Vision become real? Will need regulatory support and vigilance to deploy such a vision. To achieve success we must move from pilots to aggressive initiatives and invest in facilities and systems in ways that demonstrate our commitment to a sustainable future. It will take a paradigm shift!
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