Session:
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Physics and Society: Current Topics in Energy
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Paper Type:
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Invited
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Title:
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Traditional Utility Busines Models and What Challenges/Opportunities Lie Ahead as Sustainable Resources are Added to the Power Grid.
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Meeting:
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2014 Summer Meeting: Minneapolis, Minnesota |
Location:
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N/A |
Date:
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Time:
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4:00PM
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Author:
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David J McMillan, ALLETE, Inc.
218-723-3958, dmcmillan@allete.com
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Co-Author(s):
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None
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Abstract:
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Sustainability, reliability, quality of life, affordability, local self-reliance and technological empowerment are all themes that come to mind when thinking about the electric energy sector and how it will evolve in coming decades. Minnesota Power serves the largest industrial customers in the state and also serves most of the communities across northeastern and north central Minnesota. In 2005, the company served those customers with a generation fleet that was 95% coal and 5% renewable. Today, it serves those customers with a 25% renewable resource mix and is headed for 1/3 of its capacity being renewable within a decade. This presentation will focus on how traditional utility business models are evolving and what challenges --and opportunities -- lie ahead for utilities and their customers as more sustainable and more distributed resources are added to the power grid.
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Footnotes:
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None
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Presentation:
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David J. McMillan_Minnesota Power_2014 AAPT Summer Meeting.pptx
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