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Julia Selker's picture
Policy and Business Manager Grid Strategies

Julia Selker is a Policy and Business Manager with Grid Strategies. In this role she coordinates the Future Power Markets Forum and supports communications for the Business Council for...

  • Member since 2020
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  • Apr 22, 2021 3:45 pm GMT
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The WATT Coalition issued a press release today: The U.S. Electric Grid Can Rise to Meet Paris Agreement Ambitions.

It explains how Grid-Enhancing Technologies unlock the full system capacity of the transmission network by increasing the utilization of existing lines, to the benefit of the environment and electric consumer rates. These technologies are held back by misaligned incentives, but FERC is looking to correct that, with a workshop on September 10 exploring shared-savings incentives.

I hope that transmission planners will be engaged on this issue as we all work to achieve our country's commitment to the Paris Agreement.

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Matt Chester's picture
Matt Chester on Apr 22, 2021

These technologies are held back by misaligned incentives, but FERC is looking to correct that, with a workshop on September 10 exploring shared-savings incentives.

Can you share more about the misaligned incentives? And how does that state of the U.S. grid compare with Europe or other major grids-- is this an American problem exclusively? 

Julia Selker's picture
Julia Selker on Apr 27, 2021

Hi Matt, transmission owners in the US have a business model based on return on equity, so their profits are in proportion to their investments. GETs are such a small investment, and they do require changes to operations, so there really isn't an incentive to use them. As a counterpoint, in the UK, the transmission owner is incentivized to provide benefits to customers and to innovate, so GETs are seeing real adoption: https://www.nationalgrid.com/uk/electricity-transmission/about-us/how-we....

WATT Coalition Chair Jenny Erwin talks about this issue in a recent video interview. Her company, Smart Wires Inc., deploys these technologies around the world, and different incentive structures make a huge impact on whether these technologies are used. https://www.youtube.com/watch?v=QTLl_G2d7wI

Matt Chester's picture
Matt Chester on Apr 27, 2021

Great-- those resources are really helpful. Thanks!

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