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Overview
The nation's need for reliable and affordable electricity have
been seriously challenged over the last decade. Though restructuring
has resulted in increased sales through wholesale power markets
and more recently in increased generating capacity, the current
transmission infrastructure is incurring higher stresses as demands
push system capabilities to their limits.
Restructuring is having a profound impact on the electric power
industry. Electricity is the ultimate "real-time" product,
with its production, transportation, and consumption occurring within
a fraction of a second. Because electricity moves at nearly the
speed of light and cannot be readily stored, bulk-power systems
must maintain a continuous and near-instantaneous balance between
production and consumption. Any restructuring of the industry must
respect the unchanging physical laws that constrain power system
operations.
Our Research
Oak Ridge National Laboratory provides key
technical support and expertise in helping the U.S. electric
power industry effectively manage the transition to restructuring
and in supporting development of the new transmission system of
tomorrow.
Perhaps ORNL's biggest asset is its understanding of the technical,
economic, and commercial concerns with restructuring from multiple
perspectives: those of generators, system operators, transmission
owners, vertically integrated utilities, public power entities,
regulators, power marketers, and load. It is important to get the
engineering and the economics correct as they strongly interact.
We have worked with organizations from each of these backgrounds,
helping them to understand the requirements of other market segments
while maximizing their own profits. With no vested market position
we are able to help all segments of the industry.
ORNL's research is funded through DOE's Office
of Electricity Delivery & Energy Reliability. Major research
and technical assistance is offered in the following areas:
For additional information on our research, consult
our electric industry restructuring publications.
Contacts
For more information, contact Brendan Kirby at 865-576-1768, or
e-mail kirbybj@ornl.gov.
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Oak Ridge National Laboratory, one of the Department of Energy's multiprogram national research and development facilities,
is managed by UT-Battelle, LLC.
Tuesday, November 29, 2005 11:20 AM
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