Adopt Best Practices
Here you will find a comprehensive set of resources designed to educate investors, regulators, policymakers, entrepreneurs and developers about Perfect Power and its critical role in transforming the way power systems are designed and operated. A complete listing of reports about electric grid transformation can be found here.
This report explores the cost and benefits for grid modernization. The comprehensive calculations and analysis outlined in this white paper estimate the potential benefits of investments to significantly outweigh the costs. Furthermore, the paper argues that even higher estimated benefits should be considered if the impact on public health, safety and security could be precisely quantified and included. The report outlines how these investments improve the grid by eliminating waste, reducing costs, reducing interruptions and improving societal and economic conditions.
Here you will find information about Perfect Power Systems being built across the country that are shifting the focus of power system regulation, design and operation to achieving consumer- and community-driven outcomes.
As one of Tennessee's largest and most diverse cities, Chattanooga was determined to become the premier location for innovative technology businesses in the South. Led by Harold DePriest, Chattanooga EPB began to transform its organization about a decade ago, cultivating a culture of continuous improvement. The team took a measured approach to develop a smart grid deployment that emphasized customer value and strategic investment, focusing on three investments that would dramatically improve reliability:
- Build a city-wide, fiber-optic communications backbone
- Install intelligent, self-healing switches
- Transform the existing system into a looped network with redundant circuits to each customer.
The electricity sstem improvements will help Chattanooga realize its goal of a 40 percent reduction in outage durations while avoiding roughly $1.4 million in restoration costs. Read the full case study.
Nearly 20 years ago, the city of Naperville, Ill., embarked on a mission to build a more reliable, cost-competitive and efficient power grid. With two decades of results demonstrating dramatic improvements in reliability, the Naperville Smart Grid Initiative is moving into its next phase following the receipt of an $11 million grant from the Smart Grid Investment Grant Program, which is part of the American Recovery and Reinvestment Act of 2009, and matched financial support from the city of Naperville to install the smart grid.
The Smart Grid Initiative will create cost savings by giving the utility and consumers more control over their electric power use. There is a potential net benefit for the city of $34 million over the next 15 years. Community-based smart grid projects like the Naperville Smart Grid Initiative maximize efficiency and reliability, and meet many of the criteria for Perfect Power. Read the full case study.
An official “smart grid city,” Leesburg and its Electric Department have set a new standard for smart grid deployment. Faced with rising electricity rates, Leesburg enlisted the participation of large-scale electricity customers to create the city's first demand response program, which has saved Leesburg and participating businesses more than $2.8 million in wholesale power supply costs to-date.
The Leesburg Electric Department will soon begin the largest advancement in their 84-year history as they provide all 23,000 of their customers with state-of-the-art technology to conserve electricity and to lower their utility bills. Read the full case study.
VISION FOR PERFECT POWER
Bob Galvin’s vision for Perfect Power includes innovation, job creation and global economic competitiveness. The book he co-authored with Kurt Yeager, “Perfect Power: How the Microgrid Revolution Will Unleash Cleaner, Greener and More Abundant Energy,” is the foundation for the Institute and considered a primer on power system transformation in the electricity industry. Read an excerpt below.
The PEER program pursues perfection by injecting quality leadership principles into all aspects of electricity system design and operations. We work to integrate quality thinking and leadership into the fabric of how the electricity industry does businesses, identify significant performance gaps, and motivate grid professionals to innovate and achieve levels of performance not before thought possible. Learn more.