Folsom, CA, U.S.A. --- (METERING.COM) --- March 29, 2010 - The California Independent System Operator Corporation (ISO) has developed a 2010-2014 five-year strategic plan that is aimed at developing a thriving electricity sector that is greener and smarter, and with better organization to meet the electricity needs of California.
The Plan, which was informed by discussions with stakeholders, policymakers, regulators and industry experts, focuses on the three key areas of the system, the environment, and organization.
Major challenges facing California include the requirements for 55,657 GWh of new renewable generation to meet the 20 percent standard and 102,000 GWh to meet the 33 percent standard, which is turn will necessitate six or more major transmission lines in the next decade to access these clean resources and deliver the output to customers.
Further there is the need for approximately 200 MW of storage capacity operational by 2012, with up to 1,000 MW by 2020, while the retirements, repowerings, replacements or other mitigation of nearly 19,000 MW of thermal plant is anticipated by 2024.
The system focus is intended to identify the requirements to ensure a stable, reliable foundation for grid and market operations as well as infrastructure planning. The near-term goal is to enhance grid and operations systems that provide a resilient and adaptable platform for achieving state policy objectives. The strategy for achieving this goal is to enhance the operational tools, strengthen the market to bolster its efficiency and functionality, and make better use of the existing transmission infrastructure.
The environment focus is intended to promote the progress necessary to fulfill important environmental policy and regulatory objectives. The ISO must plan for and operate the system in a reliable, cost effective manner that considers greater intermittent resources use and less access to traditional resources that are subject to greenhouse gas regulations, water quality regulations and plant retirements. The strategy for supporting environmental policies is to collaborate with policymakers and provide new operational capabilities, enhanced market products, a comprehensive transmission planning process and the means to integrate renewable generation, storage capability and demand response.
The organization focus is intended to reveal the enhancements required to secure the resources and tools to manage change and ensure success. ISO people, processes and technologies must keep pace with increasingly complex market systems, demanding operational requirements and evolving compliance standards. In concert with stakeholders, the ISO ensures it effectively manages the interdependencies and individual needs of the grid and industry, and will maintain its focus through an overarching perspective to advance the organization’s capabilities, achieve shared objectives, and realize an interconnected vision for the electric power industry.
“Our five-year strategic plan addresses the dramatic changes required of the electricity industry in California over the next decade,” said ISO president and CEO Yakout Mansour. “We engaged stakeholders and tested our vision with experts as part of a collaborative process to envision a future that ensures a reliable grid that also enables ground breaking environmental goals.”