Sea Changes, Strategic Implications, Board Cyber Perspectives
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Mr. Feldman will lead us on a path to help us think about the “Sea Changes” happening in the energy sector from a strategic perspective, implications for the energy companies and cybersecurity from a Board of Directors governance viewpoint. This will include future direction concept that will address suggestions on where Regulators such as NERC should be heading with regard to security and other associated issues to feed your thoughts.
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Sea Changes, Strategic Implications, Board Cyber Perspectives
- 1. ENERGYSEC 10TH ANNIVERSARY SUMMIT August 12-22, 2014 Austin, Texas Feldman comments – a view from 50K ft.
- 4. Distribution Reliability Berkeley Lab Study Estimates $80 Billion Annual Cost of Power Interruptions - 70 page study. http://www.EnergyCollection.us/Energy- Reliability/The-Cost-Of-Power-Interruptions-2004-09-01-70.pdf
- 10. Energy Sources and Sinks
- 14. RTOs/ ISOs
- 16. Wind / Cost / Reliability
- 17. Duck Curve
- 21. Today
- 22. Tomorrow
- 41. Incentives
- 44. Additional Information • PaulFeldman@Gmail.com • Board of Directors – Governance – Cybersecurity Paper – http://www.EnergyCollection.us/456.pdf • Collected Resources – http://EnergyCollection.us/457.pdf • Industry Strategy Paper – http://www.EnergyCollection.us/211.pdf • This presentation in PDF – http://www.EnergyCollection.us/0334.pdf
Editor's Notes
- Energy Goes with the Flow - Lawrence Livermore produced the first diagrams illustrating U.S. energy use in the mid-1970s. Portraying U.S. energy resources and their ultimate use, these diagrams, called energy flow charts, help scientists, analysts, and other decision makers to visualize the complex interrelationships involved in powering the nation. The charts continue to provide value, drawing widespread attention and praise from such organizations as the National Academy of Sciences and the President’s Council of Advisors on Science and Technology - http://www.EnergyCollection.us/Energy-Generation/Energy-Flows.pdf Lawrence Livermore on 2009 consumption - https://publicaffairs.llnl.gov/news/news_releases/2010/NR-10-08-05.html High resolution image of generation and consumption - https://publicaffairs.llnl.gov/news/news_releases/2010/images/energy-flow-annotated.pdf Wikipedia on Quad Definition - http://en.wikipedia.org/wiki/Quad_%28unit%29 Roughly 1 Quad = 300B KWh. Images on energy use and carbon dioxide - http://flowcharts.llnl.gov
- End-customer resources are favored until marginal cost parity with traditional resources. End-customer resource applications to distribution reliability and cost. Formulaic rates need to compensate energy companies for using end-customer resources in an Economic Profit sense up until there is parity with traditional resources.