What is driving our electric power industry to improve performance? How do we, as an industry, make sure we are performing to our customers' expectations? In today's power systems, every technology employed, trend established, and policy or standard implemented, should be done so with the best interests of the customer in mind. The utility sector is economically immense and vast in geographic scope, and it combines ownership, management, and regulation in complex ways to achieve reliable energy service. This lecture provides a broad view on energy market regulation in the US, including a rulemaking process and landmark orders. It addition, it explores how improving bulk power system performance through technology, data, and policies will benefit the customers of electric power.
Dr. Jessica Bian is a visionary leader and architect. She has spearheaded electric industry's reliability metrics and grid risk assessment. Currently she is the Vice President of Grid Services at Grid-X Partners. Before that, she was with the Federal Energy Regulatory Commission (FERC), Washington, DC. Previously, she was the Director of Performance Analysis at North American Electric Reliability Corporation (NERC) in Atlanta, Georgia. Under her leadership, a total of 18 industry-wide reliability indicators were established to determine grid reliability, adequacy, and associated risks. She is widely recognized as a pioneer and trusted world leader in the field. Before joining NERC, Dr. Bian was with PJM, ERCOT and Westinghouse Electric. She earned her Ph.D. in Electrical Engineering from Tulane University and published over 70 articles. She volunteers at the IEEE Power & Energy Society (PES), and has been the Society Secretary since 2016. This year she is a candidate for the PES President-Elect.