Restructured Electricity Markets Offer Increased Complexities... and Opportunities... For COGENERATION

Authors

  • Brendan Kirby Manager, Power Systems Research Program Oak Ridge National Laborator

DOI:

https://doi.org/10.13052/dgaej2156-3306.1646

Abstract

Electric industry restructuring has complicated the decisions asso-
ciated with investing in and operating cogeneration facilities. On the
other hand, it is starting to provide the opportunity to genuinely add
value by allowing market signals to help optimize both the power sys-
tem and the cogeneration facility. It is important to look beyond existing
tariffs to the underlying physical requirements. If the cogeneration facil-
ity can be designed and operated in a way that benefits both itself and
the power system, tariffs can likely be changed to compensate it for its
actions.

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Author Biography

Brendan Kirby, Manager, Power Systems Research Program Oak Ridge National Laborator

Brendan Kirby, P.E., is the director of the Oak Ridge National
Laboratory’s Power Systems Research Program and a private consultant.
He has 25 years of electric utility experience, has been working on re-
structuring and ancillary services since 1994 and spot retail power mar-
kets since 1985.
Brendan’s interests include electric industry restructuring, ancil-
lary services, distributed resources, demand side response, energy stor-
age, renewable resources, and advanced analysis techniques. He has
published over 50 papers, articles, and reports. He is participating in the
IEEE SCC 21 Distributed Generation Interconnection Standard working
group, served as staff to the Department of Energy’s Task Force on Elec-
tric System Reliability, was a member of the NERC IOS Working Group,
and has appeared as an expert witness in FERC and state litigation. He
has conducted research projects concerning restructuring for the NRC,
DOE, EEI, numerous utilities, state regulators, and EPRI.
Brendan is a licensed Professional Engineer with an MS degree in
electrical engineering (Power Option) from Carnegie-Mellon University
and a BS in electrical engineering from Lehigh University.
Brendan Kirby, PE, Oak Ridge National Laboratory, 1 Bethel Valley
Road, Bldg. 3147, Oak Ridge, TN 37831-6070; Email: bjk@ornl.gov.

References

E. Hirst and B. Kirby, The Functions, Metrics, Costs, and Prices for

Three Ancillary Services, Edison Electric Institute, Washington, DC,

October 1998.

E. Hirst and B. Kirby, “Cutting Electricity Costs for Industrial

Plants in a Real-Time World,” Public Utilities Fortnightly 135(22), 42-

, December 1997.

North American Electric Reliability Council, NERC Operating

Manual, Princeton, NJ, December 1997b.

North American Electric Reliability Council, Policy 10-Intercon-

nected Operations Services, draft, Princeton, NJ, November 1998.

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Published

2001-10-24

How to Cite

Kirby, B. . (2001). Restructured Electricity Markets Offer Increased Complexities. and Opportunities. For COGENERATION. Distributed Generation &Amp; Alternative Energy Journal, 16(4), 44–56. https://doi.org/10.13052/dgaej2156-3306.1646

Issue

2001: vol 16 Iss 4

Section

Articles