Improving Transmission Operation with Advanced Technologies: A Review of Deployment Experience and Analysis of Incentives
The Brattle Group and Grid Strategies LLC jointly produced a report discussing the benefits of grid enhancing technologies to the transmission system. These technologies can provide economic benefits worth hundreds of millions of dollars and cost much less than conventional transmission upgrades. However, the existing regulatory structure in the US lacks sufficient incentive for utilities to capture the value these technologies can provide to the overall system. Hence, a modified regulatory framework that ensures the greatest societal benefit is worth considering.
T. Bruce Tsuchida (The Brattle Group), Rob Gramlich (Grid Strategies LLC)
Increase transfer capacity, improve energy security, renewable integration, Modular FACTS