By diving into today’s more diverse energy sector and embracing change, utilities stand to benefit over the long term. This is precisely why I am so excited about the future, even if I do occasionally look back wistfully on the past.
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Author Bio:
Roy Palk is senior energy advisor for the national law firm LeClairRyan, and works out of the firm’s office in Glen Allen, Virginia. Contact him at roy.palk@leclairryan.com.
Historically, grid operators tapped into voluntary load reduction as a last resort for keeping the lights on. But now, smart grid technologies and dynamic pricing mechanisms bring vastly greater potential for using load as a dispatchable resource. Effective implementation requires advanced technologies—and also foresight in creating programs, policies, and market mechanisms.
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Author Bio:
Audrey Zibelman is co-founder and CEO of Viridity Energy, and formerly was chief operating officer at PJM. Chika Nwankpa is a professor and Director of the Center for Electric Power Engineering (CEPE) at Drexel University. Alain Steven is co-founder and executive vice president of strategy at Viridity Energy, and formerly was chief technology officer at PJM. Allen Freifeld is senior vice president of law and public policy at Viridity Energy, and formerly was a commissioner on the Maryland Public Service Commission.
