January 13 – 15, 2022 | Long Beach, CA   Register

Valuing Resilience

15 Jul 2021
3:00 pm - 3:55 pm ET, 12:00 pm PT
Energy Storage Track
Allie Detrio

Microgrid Resources Coalition

Andrew Okabe

Hawaii Public Utilities Commission

Mark Dyson

Rocky Mountain Institute (RMI)

Diane Fellman

California Wildfire Safety Advisory Board

The US energy system has three main workhorses: (1) the electric grid, (2) the natural gas network, and (3) gasoline and diesel fueling stations. When the electric grid fails, the other systems continue to operate. This energy “diversity” creates overall energy system resiliency by ensuring that even when electricity is down, systems such as heat, hot water, and our cars and trucks can still function. The resiliency offered by a diversified energy system is a positive externality for which there is no compensation mechanism or agreed upon monetary value. No state has yet solved this quandary. In this panel we will hear from experts from NY, CA, and TX on their thoughts for valuing resiliency and mechanisms to pay for it.

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