NARUC How to Consider Big Data in Prudence Reviews and Rate

NARUC
128th Annual Meeting
How to Consider Big Data
in Prudence Reviews and
Rate Cases
The Old Grid vs. The Smart Grid
The Economic Impact on the Electricity Customer
S&C Electric Company
©2013
CONFIDENTIAL
www.sandc.com
S&C Products and
Applications
Automation and Grid Control
Overhead Distribution
Power Quality and Energy Storage
Substations
Underground Distribution
Global Services
3
OLD GRID
OLD GRID
333
333
2000 Customers
334
334
333
333
SMART GRID
SMART GRID
333
334
333
333
333
333
Truck Roll
(Minutes)
# of Customers
Faulted Section
Customer Minutes
of Interruption
SAIDI (minutes)
(CMI/2000)
Customer Costs
(Source:LBNL/DOE)
102.35
90.7
$441,998
$276,573
10.86
9.61
$184,790
$111,999
OLD GRID
124
110
334
204,702
181,307
SMART GRID
65
58
334
21,710
19,229
Societal Cost Savings = $164,574 for this one event.
Annualized investment = $62,500 per feeder
Utility Cost Savings = 52 fewer minutes for the response crew.
COMPELLING BUSINESS CASE IF THE UTILITY CAN
BENEFIT FROM THE SOCIETAL COST IMPACT
BEYOND THE EVENT – DATA!
Event Data
- Event logs
- Waveform Captures
System Performance Data
- Feeder Reliability
- Load/Source Conditions
- System Modeling
- Dynamic Configuration
Device Status and Control
- Switch identity data
- Firmware version Control
- Health Monitoring
- Remote Settings
NARUC
128th Annual Meeting
How to Consider Big Data
in Prudence Reviews and
Rate Cases
12
© C3 IOT 2016 | CONFIDENTIAL - DO NOT COPY, REPURPOSE OR DISTRIBUTE
IoT ADOPTION BY INDUSTRY
IoT Adoption Is Growing, With Manufacturing and Utilities
Estimated to Have the Largest Installed Base of Things by
2020
Installed base of things (in millions of units) as per the verticals 2013 through 2020.
13
Source: Gartner 2014
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SMART CONNECTED PRODUCTS ARE TRANSFORMING COMPANIES & COMPETITION
14
© C3 IOT 2016 | CONFIDENTIAL - DO NOT COPY, REPURPOSE OR DISTRIBUTE
SMART, CONNECTED PRODUCTS REQUIRE
A NEW TECHNOLOGY STACK
TITLE
How Smart, Connected
Products Are Transforming
Competition
BY
Michael E. Porter &
James E. Heppelmann
15
© C3 IOT 2016 | CONFIDENTIAL - DO NOT COPY, REPURPOSE OR DISTRIBUTE
THE SMART GRID
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Mar
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C3 Tools™ &
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Service
Marketing
Enterprise
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Financials
Manufacturing
Supplier
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Asset Management
Human Capital
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Billing
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HDFS
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S
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Weather, Traffic,
Prices
Google APIs
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NARUC
128th Annual Meeting
NARUC
128th Annual Meeting
How to Consider Big Data
in Prudence Reviews and
Rate Cases