In the second part of the series on grid operation and governance, Meredith Angwin, author of Shorting the Grid, discusses the difference between the “Physical” grid, the “Policy” grid, and the “Could” grid. She then described the two major forms of grid governance – traditional vertically integrated utilities and the deregulated RTOs – such as ISO-NE – along with a discussion of energy auctions and load balancing. For all utilities the importance of baseload power is stressed.
For the RTOs and ISO-NE in particular, Meredith argues that no one is ultimately responsible for grid reliability, and this can lead to rolling blackouts or worse.
The video for Meredith’s presentation and discussion are here. The slides are here.