People In Power

“We always start with what our customers want. Our customers want a resilient, clean, affordable grid. All our investment plans are designed to meet the goals in our various jurisdictions.”

“An interesting investment we’ve made on a sizable part of our grid in Florida, and about half of it in the Carolinas, is called smart, self-healing technology. It functions similar to a GPS system or Waze on your phone, rerouting power to avoid the areas of congestion and getting customers the quickest route to get the lights back on.”

“One of the most vital resources in New Jersey in the energy space, and that is our nuclear units. Those units are dispatchable, carbon-free generators that produce close to forty percent of the energy that New Jersey uses.”

Resilience conversations with PSEG CFO Dan Cregg, Duke Energy CFO Brian Savoy, and Exelon CFO Jeanne Jones.

“Utilities, reliability entities, researchers, and regulators are focused on exploring advanced resource adequacy frameworks that leverage multiple metrics to evaluate the ability of power systems to minimize various outage events while balancing costs. Panelists are going to discuss the motivation behind a multi-metric analysis.”

“For projects that use these newer technologies that might have longer-term benefits with shorter-term costs or that build their value from preventing high-cost catastrophes from occurring like wildfires or increasing global temperatures, how can those costs be properly assessed?”

“Talk about the gas-electric harmonization challenges. We’re going to start a task force. We’ll be asking for RTOs to be involved, hopefully NERC will support our efforts with tactical assistance.”

“ISO New England is the regional planner, and we work closely. They’ve identified in 2050 that they expect the winter peak in New England to double. What that means for VELCO and many other transmission owners in New England is line upgrades.”

“Reliability and affordability will be center stage this next year, and I have encouraged committee chairs to address these issues in meetings. I look forward to healthy debates about different approaches to decarbonization, new methods for resource planning, permitting, and construction challenges, workforce shortages or proposed EPA regulations.”

“Putting these factors together – an island with a need for renewables and a lot of wind off its coast – it’s not a surprise that LIPA was the first utility in the U.S. to sign a power purchase agreement to develop offshore wind in federal waters.”