As Distributed Energy Resource (DER) penetration increases, traditional distribution planning, operation, and maintenance methods break down and become inadequate. The reliability and safety of those systems remains the responsibility of the utility, including grid hardening against increasing weather disasters, fires, and aging infrastructure.
Utilities must develop and execute New Energy Economy roadmaps that address an evolving paradigm of lower consumption, profound regulatory changes, bi-directional power flow, decentralized operations, new markets and rapidly advancing technology.
Black & Veatch grid modernization experts can help develop a streamlined methodology for completing a master plan.
Our grid modernization vision and roadmap solutions include:
- Strategic technology road mapping that aligns regulatory and market drivers, business needs, condition assessments, IT/OT architectures, financial priorities and customer expectations that lead to actionable implementation plans for technology implementation, infrastructure replacement, and customer programs
- Business case development to justify and prioritize investment in grid modernization programs
- Industry-proven program management for deploying a grid modernization technology roadmap
- Award-winning customer program design for enabling and engaging customers with new opportunities to participate in the New Energy Economy
- Expert assessment and evaluation of distributed technologies such as ADMS, DERMS, and blockchain market solutions
- State and local government policy compliance guidance
- Regulatory filing support
- Evaluation, development and implementation of grid interconnection policies and agreements
Currently, more than 30 percent of utilities say they are not sure how to implement their smart distribution plan.
Source: 2018 Strategic Directions: Electric Report
Developing a Tailored Grid Modernization Plan
A grid modernization roadmap must consider business drivers, societal, environmental and financial objectives, and stakeholder risks. Regulators, investors, operators and customers are all seeking different values from grid investment.
The increasing complexity of distribution operations created by the widespread deployment of distributed generation and storage requires new and innovative approaches to planning for the modern grid. New tools, techniques and expertise are all essential to defining a resilient grid that can handle the complexity of evolving customer demands.