Friday, November 7th: "ISO, PJM and Our Energy Grid" Chapter Luncheon
Friday, November 7 from
12:00 PM to 2:00 PM EST
George Washington University
Foggy Bottom Campus
Marvin Center, Rooms 302/307
What is PJM?
Founded in 1927, PJM Interconnection, coordinates and directs the operation of the region's transmission grid, which serves 61 million people in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia. PJM also administers a competitive wholesale electricity market; and plans regional transmission expansion improvements to maintain grid reliability and relieve congestion. ISO, RTO and FERC ISO is an Independent Systems Operator which coordinates, controls and monitors the operation of the electrical power system within a single state or multiple states.
ISO, RTO and FERC
ISO is an Independent Systems Operator which coordinates, controls and monitors the operation of the electrical power system within a single state or multiple states.
RTO is a Regional Transmission Organization responsible for moving electricity over large interstate areas, and coordinating, controlling and monitoring a regional electricity transmission grid.
FERC, the Federal Energy Regulatory Commission, is an independent agency that regulates the interstate transmission of electricity, natural gas, and oil.
The Energy Policy Act of 2005 (Title XII - Electricity. H.R.6 - pg 348+), encompasses the regulation, transmission and wholesale sales of electricity in interstate commerce; review of siting applications for electric transmission projects; and protecting the high voltage interstate transmission system through mandatory reliability standards. It also covers energy efficiency, renewable energy, oil/gas/coal/nuclear, vehicles and fuel, hydrogen and fuel cells, R & D, climate change, innovative technologies, and funding opportunities.
Timothy J. Seelaus, President, EMC Development, will discuss how the national electrical grid is configured and managed by the PJM (Pennsylvania Jersey Maryland ISO) Capacity Market, the opportunity for energy efficiency projects, and a review of demand response programs. Tim has 25 years experience in the utility infrastructure market in North America, Asia, Europe and Latin America. A former
Vice President and Officer of PPL Corp, he has participated in over $5 billion worth of electric power transactions including energy supply and electric distribution assets.