Utility Reforms for Microgrid Value Creation: The UK RIIO and NY REV Models
This presentation will discuss how the UK's RIIO (Revenue = Incentives + Innovation + Outputs) and New York's REV (Reforming the Energy Vision) Initiatives are shifting/aligning utility business and financial interests with long-term customer value creation in general and, specifically, how these changes can help to capture the benefits of microgrids. This talk will compare the salient elements of each initiative, including: Multi-year revenue planning; equalizing capex and opex; cost-reflective rate design; performance-based outputs. In particular, this presentation will examine how these reforms support microgrid market development and how these changes might be evolved further to harness DER value-enhancing investments in microgrid "systems."
Speaker
Larisa Dobriansky
Chief Business & Policy Innovation Officer
General Microgrids
Larisa Dobriansky is Chief Business & Regulatory Innovations Officer at General MicroGrids. She focuses on regulatory, institutional and financial changes that can leverage the capabilities of advanced microgrids to deliver integrated energy solutions to power systems and communities. Drawing upon over 20 years of experience in the Energy, Environmental and Financial regulatory fields, she helps shape new financing mechanisms, market designs, and utility regulatory reforms that can capture the value that an intelligent, dynamic microgrid system can provide to the Grid, Market and Communities. Her efforts are aimed at incentivizing investment in Advanced Microgrids that optimize distributed resources, expand "energy-sharing" parameters, and foster transactive energy markets.
Ms. Dobriansky has served in senior management positions within the private sector and U.S. Government. She formerly served as Deputy Assistant Secretary for National Energy Policy at the U.S. Department of Energy, where she spearheaded and secured legislative authorization for the Department's first loan guarantee program for clean energy technologies to address the "Valley of Death" and move technologies out of demonstration and into the marketplace.
Chief Business & Policy Innovation Officer
General Microgrids
Larisa Dobriansky is Chief Business & Regulatory Innovations Officer at General MicroGrids. She focuses on regulatory, institutional and financial changes that can leverage the capabilities of advanced microgrids to deliver integrated energy solutions to power systems and communities. Drawing upon over 20 years of experience in the Energy, Environmental and Financial regulatory fields, she helps shape new financing mechanisms, market designs, and utility regulatory reforms that can capture the value that an intelligent, dynamic microgrid system can provide to the Grid, Market and Communities. Her efforts are aimed at incentivizing investment in Advanced Microgrids that optimize distributed resources, expand "energy-sharing" parameters, and foster transactive energy markets.
Ms. Dobriansky has served in senior management positions within the private sector and U.S. Government. She formerly served as Deputy Assistant Secretary for National Energy Policy at the U.S. Department of Energy, where she spearheaded and secured legislative authorization for the Department's first loan guarantee program for clean energy technologies to address the "Valley of Death" and move technologies out of demonstration and into the marketplace.