Jennifer Bontrag er From: Bruner, Hannah Sent: Friday, August 19, 2016 5:05 AM Subject: Invitation to Attend October 2016 Conference Attachments: Commissioner Registration Form - Oct 2016.docx Good morning, On behalf of the Harvard Electricity Policy Group, it is my pleasure to announce that upcoming conference will be held on Thursday and Friday, October 13-14, 2016 at the Watergate Hotel in Washington, DC. We cordially invite you to attend. Panel topics and descriptions will be distributed in the coming weeks. Should you wish to attend, kindly complete and return the attached registration form. HEPG will be happy to arrange hotel lodging for the conference and reimburse travel expenses post conference. For your planning purposes, December conference will be held on December 8 and 9 at the Four Seasons Troon North in Scottsdale, AZ. Please do not hesitate to contact me if you have any questions or concerns. I look forward to your response and hope you have a wonderful weekend. Best regards, Hannah Bruner Staff Assistant Harvard Policy Group 79 JFK Street, Box 84 Cambridge, MA 02138' (617) 496-6760 Jennifer Bontrager . From: Bruner, Hannah Sent: Friday, April 29, 2016 12:56 PM To: Andy Tobin Subject: Invitation to Attend HEPG's June Session Attachments: Commissioner Registration Form - June 2016.docx Dear Commissioner Tobin, The Harvard Electricity Policy Group?s next session will take place in Cambridge, MA on Thursday and Friday, June 2 and 3 at the Charles Hotel. If your schedule permits, we would be delighted for you to join us. Our topics for this session are ?Interregional Transmission Services and Operations: Beyond Order 1000,? ?Clean Energy Revolution or Evolution: The Cost of Renewables,? and a third topic. Please see the full panel descriptions below. - Kindly Complete and return the attached registration form at your earliest convenience. Please .dovnot' hesitate to contact me if you have any questions or concerns. IlOok forward to your response and hepe you will join us in Cambridge. Thank you for your time and consideration, and have a lovely weekend. Warm regards, Hannah Bruner Staff Assistant Harvard Electricity Policy Group 79 JFK Street, Box 84 Cambridge, MA 02138 (617) 496-6760. Interregional Transmission Services and Operations: Beyond Order 1000 Increasing development of intermittent resources and reduced reserve margins of traditional resources require leveraging diversity 1n regional supply and demand. Western utilities are moving towards an energy imbalance market to meet these emerging portfolio challenges. Some utilities and RTOs have developed voluntary coordination and congestion management . agreements with varying . governance structures and sophistication. These agreements can result in a patchwork of ad hoc bilateral agreements withOut full integration of the markets. While FERC directed interregional planning reforms with efforts in its Order 1000 initiative, it did not address operations or transmission services reform across transmission provider seams. The Commission?s Order 890 'Rulemaking (2007) and the Inquiry into Transmission Loading Relief Reliability Standard and Curtailment Priorities (2010) have not produced signi?cant advances in operational coordination. What opportunities are there to ensure maximum utilization of infrastructure across each interconnection and leverage interregional diversity? What can be done to mow toward more ef?cient dispatch and congestion management across each interconnection? What operational opportunities can be leveraged with the eventual implementation of the Parallel Flow Visualization effort? With the development of Order 1000 interregional planning processes and cost allocations, should the traditional ?through-and-out? transmission rate 1 Jennifer Bontrager From: Mahoney, Jo-Ann Sent: Tuesday, November 29, 2016 11:07 AM I To: Andy Tobin Subject: Invitation to Harvard Electricity Policy Group Scottsdale Session Attachments: Registration Form December 2016.docx; Follow Up Flag: Follow up Flag Status: Flagged Dear Commissioner Tobin, The Harvard Electricity Policy Group would like to invite you to join us at our next session to be held in Scottsdale on Thursday-Friday, December 8-9, 2016 at the Four Seasons Troon North. Our Thursday panels will focus on: energy storage policy and the dissonance between competitive markets and resource preference mechanisms. On Friday morning we will turn our attention to climate policy given the recent elections. (Agenda attached.) You are welcome to attend as much of the meeting as your schedule allows. We would also invite you to join us at our conference reception and dinner on Thursday evening. Of course, you are welcome to bring your senior staffers who are working on these issues to the meeting. We hope that you will be with us at the next HEPG session. Kindly return the registration form to Susan Gill in our office. Best, Jo-Ann Mahoney . Jo-Ann Mahoney Project Director, Harvard Electricity Policy Group Harvard Kennedy School/Harvard University 79 JFK Street Cambridge, MA 02138 617?4954390 Jo-ann mahonev@hks.harvard.edu Policy Dissonance: Pursuing Contradictory, Perhaps Irreconcilable, Paths of Competitive Markets and Choosing Resource Preferences In looking at the evolution of electricity markets over the past few years, it is possible to conclude that we are, perhaps unintentionally, pursuing two contradictory perhaps even irreconcilable goals. 0n the one hand, we have, over the past two or three decades been committed to a fuliy competitive generating market, and in many states, competitive retail supply model. At the same time, through subsidies, cross-subsidies, and set aside markets, we have been putting in place (or attempting to do so) mechanisms to identify resource preference in ways that appear designed to alter results that the market may otherwise produce. These mechanisms include, among other measures, renewable portfolio standards, favorable pricing for non-dispatchable resources such as rooftop solar retail net metering and ?value? pricing), special treatments for non?emitting generators such as ZECs for nuclear plants, state mandated {or approved) ?reliability" decisions affording special treatment to favored plants and efforts, and various efforts to manipulate capacity markets. Indeed, developing a robust, competitive, emissions trading market has also been handicapped by similar efforts to explicitly identifying preferred resources. How seriously are these trends undermining competition in the market place? Are we, perhaps inadvertently, turning away from markets and back toward the old regulatory model? Or, are these divergent trends reconcilable in some fashion, and how? Treatment of Storage Resources Storage is an increasing focus in electricity markets, but it is still highly uncertain as to how it should be viewed and treated by regulators. Should storage be allowed to participate as generation, transmission or another asset type? Can storage serve mdltiple purposes in one market? How can asset owners secure cost recovery in regulated and - competitive markets? Is it inherent that traditional transmission and/utilities must own the asset? How might owners/operators of intermittent resources use storage to reduce intermittency and how does that affect its treatment on a regulatory what extent should storage betreated as energy or capacity, or as an ancillary service provider? is it necessary or even useful to subsidize storage in order to accelerate its evolution into commercially viability? Should storage at the distribution level be treated similarly to storage at on the high voltage system? Should the pricing of distributed intermittent resources be done in such a way as to incentivize the installation of storage? A Window of Opportunity: Changing Climate Policy Given the sudden shift in the political tectonic plates, there may be a window of opportunity to refashion major aspects of the electricity system. The confluence of a possible major Federal tax reform, expanded spending on infrastructure investment, and redirection of national climate policy creates a new environment. Tax reform and national infrastructure spending could make the revenue raising aspects of a carbon tax part of the solution. And a carbon tax could be a central part of a major change in approach to accounting for the costs of energy externalities, allowing efficient approaches that replace other more intrusive and expensive approaches to environmental protection. Part of this discussion will accentuate the debate on the social cost of carbon in this context. The subject is both controversial and important. How do we define and estimate the social cost of carbdn? What do we know about the key inputs and uncertainties? How do we translate policy analysis into a workable system for a carbon tax? How would a national carbon tax interact with state polities for cleaner energy? What current or planned cleaner energy policies would or should change if there is a carbon tax? What role will a carbon tax play in our energy future? Matt Gross From: Matt Gress Sent: Friday, September 09, 2016 9:47 AM To: Subject: Re: HEPG's October 2016 Conference Hi Hannah?? I left a voicemail regarding this conference. When you get a chance, would you be please give me a call? My direct line is 602-542-3621. Thanks! -Matt Matt Gress Policy Adviser to Commissioner Andy Tobin Office: 602-542-3621 Cell: 602-320-8284 Matt Gress From: Matt Gress Sent: Monday, September 12, 2016 10:19 AM To: Cc: Jennifer Bontrager Subject: Re: Invitation to Attend HEPG's October 2016 Conference Good morning, Jo?Ann? Ashley gave me your contact information. It appears our office has been emailing Hannah who hasn?t been with HEPG for several months. Could you provide panel topics/descriptions for October conference? Regarding conference logistics, Hannah had originally provided information on hotel lodging/travel expenses. Was she suggesting that HEPG would cover the cost of Commissioner Tobin?s hotel and reimburse travel expenses post conference? I assume his registration fees would also be covered. If Commissioner Tobin cannot make it and decides to send me instead, would those conference accommodations be available to me? We Jennifer, our Executive Aide. Thanks, ~Matt Mott Gress Policy Advisor to Commissioner Andy Tobin Office: 602?542?3621 Cell: 602820-8284 Matt Gress From: Matt Gress Sent: Monday, September 12, 2016 1:12 PM To: 'Mahoney, Jo?Ann' Cc: Jennifer Bontrager Subject: RE: Invitation to Attend HEPG's October 2016 Conference Jo-Ann-? Thanks for the follow-up. I need to go over the agenda with Commissioner Tobin to see if he would like to attend. I?ll be in touch. - ?Matt From: Mahoney, Jo-Ann Sent: Monday, September 12, 2015 1:06 PM To: Matt Gress Cc: Jennifer Bontrager Subject: RE: Invitation to Attend HEPG's October 2016 Conference Dear Matt and Jennifer, I apologize for the confusion. Our offices have been closed over the summer, as the Harvard Kennedy School is undergoing major construction. Hannah had sent out an initial invitation to commissioners, but unfortunately we only just learned that she was not following up on these; she has returned home to Alabama. For now, please e?mail with any logistical questions about the conference. We can reimburse Commissioner Tobin?s hotel reservation and will book lodging at the Watergate Hotel. We can also reimburse travel expenses after the conference, so long as they are kept reasonable. if you would like me to go forward with this, I will book a room for the commissioner for Wednesday, October 13 and Thursday, October 14. We do ask that the commissioner stay for the duration of all three sessions of the conference, including our discussion period on Friday. Please keep this in mind when booking travel. We apologize for any confusion. Best regards, Jo-Ann Jo-Ann Mahoney Project Director, Harvard Electricity Policy Group Harvard Kennedy School/Harvard University 79 JFK Street Cambridge, MA 02138 617-495-1390 Jo-ann mahonev@hks.harvard.edu From: Matt Gress Sent: Monday, September 12, 2016 1:19 PM To: Mahoney, Jo~Ann Cc: Jennifer Bontrager Subject: Re: Invitation to Attend October 2016 Conference Good morning, Jo?Ann? Ashley gave me your contact information. It appears our office has been emailing Hannah who hasn?t been with HEPG for several months. Could you provide panel topics/descriptions for October conference? - Regarding conference logistics, Hannah had originally provided information on hotel lodging/travel expenses. Was she suggesting that HEPG would cover the cost of Commissioner Tobin?s hotel and reimburse travel expenses post conference? I assume his registration fees would also be covered. If Commissioner Tobin cannot make it and decides to send me instead, would those conference accommodations be available to me? I?ve Jennifer, our Executive Aide. Thanks, ~Matt Matt Gress Policy Adviser to Commissioner Andy Tobin Office: 602-542-3621 Cell: 602?320-8284 Macaw/If HARVARD Kennedy School HARVARD ELECTRICITY POLICY GROUP JOHN F. or GOVERNMENT HARVARD ELECTRICITY POLICY GROUP EIGHTY-FOURTH PLENARY SESSION The Watergate Hotel Washington, DC THURSDAY AND FRIDAY, OCTOBER 13?1 4, 201 6 DRAFT AGENDA Thursday, October 13 8:30 am Breakfast and Informal Discussion 9:00 am Session One. Transmission Rights and Revenues Redux: Follow the Money Financial Transmission Rights (F TR) arose in response to a problem in the design of electricity markets. Under open?access and non-discrimination principles, physical transmission rights could not be guaranteed to match transmission usage and could not provide a means of controlling Operation of the system. Ef?cient market design requires a real-time market built as a bid-based, security-constrained economic dispatch with locational prices. The difference in loCation prices includes the effect of transmission congestion and marginal losses. Financial transmission rights provide the economic equivalent of the unavailable physical rights in hedging the difference in locational prices. The value of the ?nancial rights incorporates the expected value Of these price differences. The allocation of this value accrUes to those who pay for the transmission system, either through allocation of ?nancial transmission or through the revenues from forward auctions of ?nancial transmission rights. The allocation of auction revenues can occur through the allocation of auction revenue rights (ARR). Over time, with changing grid conditions, any ?xed allocation of rights could slowly disconnect from the total value of congestion and net loss payments. There is increasing concern with the results of these transmission related market elements. Is there a market design disconnect, between the allocation of payments for the grid and the value of congestion and losses? Are there problems of market manipulation of or with How should the real?time, day-ahead and other forward market use of FTRS be kept consistent with the design principles? How should revenue surpluses or de?cits for FTRs be treated? How can we evaluate the performance of FTRs and related 'markets? What alternative approaches are available for addressing the fundamental design issue in the search for hedges without physical transmission rights? jeep/9 Bown'ag, Monitoring Analytics W'Zizkm Hogan, Harvard University Ryan Kariz'mx?z', California Independent System Operator Andrew Steamy, DC Energy . HEPG Draft Agenda, October 13?14, 2016 Thursday, October 13 (cont?d) 10:30 am Coffee Break 10:45 am Discussion 12:00 pm Lunch 1:15 pm Session Two. - Deciding Market Manipulation Cases: FERC Processes, Role of Judiciary, and Policy Coherence It has been a central theme of regulatory theory that regulators should have a central role in deciding matters within the scope of the agency jurisdiction. The theory is based on two fundamental premises: 1) the'subject matter requires unique expertise that is possessed by a sector regulatory agency; and 2) the central role of the regulators in making sector related decisions makes policy coherence and consistency more likely. In regard to market manipulation cases, however, the Federal Power Act provides parties subject to allegations of market abuse to select whether to have their cases decided by the FERC, through Administrative Law processes, or to have a de novo proceeding in Federal District Court. In regard to choosing the latter, course, recent court decisions have suggested that views are not entitled to the type of deference which might be accorded them through the ordinary appeals process for Other regulatory decisions. What are the implications of these developments? Are we running the-risk of having diverse courts making con?icting decisions? Why is the FERC Administrative Process not the preferable option, since it is more likely to produce a consistency? Should investigative and enforcement functions be completely walled off from adjudicatory proceedings at the agency, as they are in rate cases? If courts do conduct de novo proceedings, how much should they be obliged to follow FERC guidelines and precedents in determining what constitutes market manipulation? In terms of market stability and coherence in rules, what is the optimal process for deciding market manipulation cases? Dam Ber/coma. WilmerHale Job}? Ester, Skadden Arps Wiliam Scbeman, Gibson Dunn 5mm: Cozm?, SJC Energy Consultants 2:45 pm Coffee Break 3:00 pm Discussion 415 pm Adjourn 6:30 pm Reception and Dinner Marcel?s, 2401 Avenue NW Draft Agenda, October 13?14, 2016 Friday, October 14 8:30 am Breakfast and Informal Discussion 9:00 am Session Three. Counting Carbon: Pricing-Greenhouse Gas Pollution in RTO Markets A number of the 180?s are considering new market-based mechanisms to reduce carbon emissions in their footprint of the electricity sector. Proposals range from centralized procurement programs for long-term renewable energy contracts to including a carbon price in day-ahead and real-time markets. For generators, a carbon adder could ?level the playing ?eld? and address carbon pollution more ef?ciently than the host of federal and state subsidies for clean generation and disparate carbon policies. Environmentalists may see an RTO carbon adder as a more achieyable alternative to a national carbon tax or power sector cap-and-trade program. But these proposals present many questions. Does FERC have authority to approve carbon pricing in wholesale markets if presented with a proposal ?led by an Or, could the Commission initiate its own rulemaking and direct RTOs to include a carbon price? What should the price be, and how should it be set? Would the market merely set a shadow price, or would the RTO collect the adder and reallocate the resulting proceeds? Would market carbon prices preempt, moot, or co-exist with state carbon and renewable energy policies? How would such a market impact or be impacted by the pricing of distributed solar generation? How would pre- existing greenhouse gas trading programs (AB32 and RGGI) react to RTO carbon pricing? What impact would such a market have on state regulation and policies? Karla/em Barron, Exelon Corporation Raj 13de, National Regulatory Research Institute fad Em, University of Richmond Law School Ram Maitreya, New York-Independent System Operator 10:30 am Coffee Break 10:45 am Discussion 12:00 pm Adjourn ?f/M?mq 1! 6L REGISTRATION FORIVI HEPG EIGHTY-FOURTH PLENARY SESSION THURSDAY AND FRIDAY, OCTOBER 13-14, 2016 THE WATERGATE HOTEL WASHINGTON, DC TO: HARVARD ELECTRICITY POLICY GROUP John F. Kennedy School of Government FROM: Name Title Af?liation Address Phone E?majl YES, I will be able to attend the HEPG Plenary Session. NO, I will not be able to attend the meeting. HOTEL INFORMATION The Watergate Hotel is located at 2650 Virginia Avenue NW, Washington, DC 20037. Phone: (202) 827?1600. TO register for the session, please e-mail this reply form to: Matt Gress From: Matt Gress Sent: Wednesday, September 14, 2016 5:47 PM To: 'Mahoney, Jo?Ann' Cc: Jennifer Bontrager Subject: RE: Invitation to Attend HEPG's October 2016 Conference Hi Jo-Ann-H Commissioner Tobin will be unabie to attend, but he is very interested in learning more about the third topic. Could we get the associated presentation/materials associated with Session 3? Thanks, ?Matt From: Mahoney, Jo?Ann Sent: Monday, September 12, 2016 1:06 PM To: Matt Gress Cc: Jennifer Bontrager Subject: RE: Invitation to Attend HEPG's October 2016 Conference Dear Matt and Jennifer, I apologize for the confusion. Our offices have been closed over the summer, as the Harvard Kennedy School is undergoing major construction. Hannah had sent out an initial invitation to commissioners, but unfortunately we only just learned that she was not following up on these; she has returned home to Alabama. For now, please e?mail with any logistical questions about the conference. We can reimburse Commissioner Tobin?s hotel reservation and will book lodging at the Watergate Hotel. We can also reimburse travel expenses after the conference, so long as they are kept reasonable. If you would like me to go forward with this, I will book a room for the commissioner for Wednesday, October 13 and Thursday, October 14. We do ask that the commissioner stay for the duration of all three sessions of the our discussion period on Friday. Please keep this in mind when booking travel. We apologize for any confusion. Best regards, Jo-Ann Jo-Ann Mahoney Project Director, Harvard Electricity Policy Group Harvard Kennedy School/Harvard University 79 JFK Street Cambridge, MA 02138 617?495~1390 Jo-ann mahonev@hks.harvard.edu Andy Tobin From: Mahoney, Jo?Ann Sent: Tuesday, November 29, 2016 11:07 AM To: Andy Tobin Subject: Invitation to Harvard Electricity Policy Group Scottsdale Session Attachments: Registration Form December 2016.do_cx; Follow Up Flag: Follow up Flag Status: Flagged Dear Commissioner Tobin, The Harvard Electricity Policy Group would like to invite you to join us at our next session to be held in Scottsdale on Thursday-Friday, December 8-9, 2016 at the Four Seasons Troon North. Our Thursday panels will focus on: energy . storage policy and the dissonance between competitive markets and resource preference mechanisms. On Friday morning we will turn our attention to climate policy given the recent elections. (Agenda attached.) You are welcome to attend as much of the meeting as your schedule allows. We would also invite you tojoin us at our conference reception and dinner on Thursday evening. Of course, you are welcome to bring your senior staffers who are working on these issues to the meeting. We hope that you will be with us at the next HEPG session. Kindly return the registration form to Susan Gill in our office. Best, Jo-Ann Mahoney io-Ann Mahoney Project Director, Harvard Electricity Policy Group Harvard Kennedy School/Harvard University 79 JFK Street Cambridge, MA 02138 617-495-1390 .Io-ann mahonev@hks.harvard.edu Policy Dissonance: Pursuing Contradictory, Perhaps Irreconcilable, Paths of Competitive Markets and Choosing Resource Preferences in looking at the evolution of electricity markets over the past few years, it is possible to conclude that we are, perhaps unintentionally, pursuing two contradictory perhaps even irreconcilable goals. 0n the one hand, we have, over the past two or three decades been committed to a fully competitive generating market, and in many states, competitive retail suppiy model. At the same time, through subsidies, cross?subsidies, and set aside markets, we have been putting in place (or attempting to do so) mechanisms to identify resourcepreference in ways that appear designed to alter results that the market may otherwise produce. These mechanisms include, among other measures, renewable portfolio standards, favorable pricing for non?dispatchable resources such as rooftop solar retail net metering and ?value? pricing), special treatments for non?emitting generators such as ZECs for nuclear plants, state mandated (or approved) "reliability? decisions affording special treatment to favored plants and efforts, and various efforts to manipulate capacity markets. Indeed, developing a robust, competitive, emissions trading market has also been handicapped by similar efforts to explicitly identifying preferred resources. How seriously are these trends undermining competition in the market place? Are we, perhaps inadvertently, turning away from markets and back toward the old regulatory model? Or, are these divergent trends reconcilable in some fashion, and how? 1 Treatment of Storage Resources Storage is an increasing focus in electricity markets, but it is still highly uncertain as to how it should be viewed and treated by regulators. Should storage be allowed to participate as generation, transmission or another asset type? Can storage serve multiple purposes in one market? How can asset owners secure cost recovery in regulated and competitive markets? Is it inherent that traditional transmission and/utilities must own the asset? How might owners/operators of intermittent resources use storage to reduce intermittency and how does that affect its treatment on a regulatory level? To what extent should storage be treated as energy or capacity, or as an ancillary service provider? Is it necessary or even useful to subsidize storage in order to accelerate its evolution into commercially viability? Should storage at the distribution level be treated similarly to storage at on the high voltage system? Should the pricing of distributed intermittent resources be done in such a way as to incentivize the installation of storage? A Window of Opportunity: Changing Climate Policy Given the sudden shift in the political tectonic plates, there may be a window of opportunity to refashion major aspects of the electricity system. The confluence of a possible major Federal tax reform, expanded spending on infrastructure investment, and redirection of national climate policy creates a new environment. Taxreform and national infrastructure spending could make the revenue raising aspects of a carbon tax part of the solution. And a carbon tax could be a central part of a major change in approach to accounting for the costs of energy externalities, allowing efficient approaches that replace other more intrusive and expensive approaches to environmental protection. Part of this discussion will accentuate the debate on the social cost of carbon in this context. The subject is both controversial and important. How do we define and estimate the social cost of carbon? What do we know about the key inputs and uncertainties? How do we translate policy analysis into a workable system for a carbon tax? How would a national carbon tax interact with state policies for clean-er energy? What current or planned cleaner energy policies would or should change if there is a carbon tax? What role will a carbon tax play in our energy future? Andy Tobin From: Bruner, Hannah Sent: Friday, August 19, 2016 5:05 AM Subject: Invitation to Attend HEPG's October 2016 Conference Attachments: Commissioner Registration Form - Oct 2016.d0cx Good morning, On behalf of the Harvard Electricity Policy Group, it is my pleasure to announce that upcoming conference will be held on Thursday and Friday, October 13-14, 2016 at the Watergate Hotel in Washington, DC. We cordially invite you to attend. Panel topics and descriptions will be distributed in the coming weeks. Should you wish to attend, kindly complete and return the attached registration form. HEPG will be happy to arrange hotel lodging for the conference and reimburse travel expenses post conference. For your planning purposes, December conference will be held on December 8 and 9 at the Four Seasons Troon North in Scottsdale, AZ. Please do not hesitate to contact me if you have any questions or concerns. I look forward to your response and hope you have a wonderful weekend. Best regards, Hannah Bruner Staff Assistant Harvard Electricity Policy Group 79 JFK Street, Box 84 Cambridge, MA 02138 (617) 496-6760 Andy Tobin From: Andy Tobin Sent: Friday, August 19, 2016 10:25 AM To: Matt Gress Subject: FW: Invitation to Attend October 2016 Conference Attachments: Commissioner Registration Form Oct 2016.docx You get these Andy From: Bruner, Hannah Sent: Friday, August 19, 2016 5:05 AM Subject: Invitation to Attend HEPG's October 2016 Conference Good morning, On behalf of the Harvard Electricity Policy Group, it is my pleasure to announce that upcoming conference will be held on Thursday and Friday, October 13-14, 2016 at the Watergate Hotel in- Washington, DC. We cordially invite you to attend. Panel topics and descriptions will be distributed in the coming weeks. Should you wish to attend, kindly complete and return the attached registration form. HEPG will be happy to arrange hotel lodging for the conference and reimburse travel expenses post conference. For your planning purposes, December conference will be held on December 8 and 9 at the Four Seasons Troon Northin Scottsdale, AZ. Please do not hesitate to contact me if you have any questions or concerns. I look forward to your response and hope you have a wonderful weekend. - Best regards, Hannah Bruner Staff Assistant Harvard Electricity Policy Group 79 JFK Street, Box 84 Cambridge, MA 02138 (617) 496-6760 And: Tobin From: Bruner, Hannah Sent: Tuesday, May 17, 2016 10:11 AM To: Andy Tobin Subject: Updated Agenda with Speakers Attachments: HEPG_6.16_Agenda lthd.docx; Commissioner Registration Form June 2016.docx Good afternoon, . Please find attached the updated agenda for the June meeting of the Harvard Electricity Policy Group, which includes the speakers for each panel. We hope you will join us. Thanks you, and have a nice day. Best regards, Hannah Bruner Staff Assistant Harvard Electricity Policy Group . 79 JFK Street, Box 84 Cambridge, MA 02138 (617) 496-6760 Andy Tobin From: Bruner, Hannah Sent: Friday, April 29, 2016 12:56 PM To: Andy Tobin Subject: Invitation to Attend June Session Attachments: Commissioner Registration Form June 2016.docx Dear Commissioner Tobin, The Harvard Electricity Policy Group?s next session will take place in Cambridge, MA on Thursday and Friday, June 2 and 3 at the Charles Hotel. If your schedule permits, we would be delighted for you to join us. Our topics for this session are ?Interregional Transmission Services and Operations: Beyond Order 1000,? ?Clean Energy Revolution or Evolution: The Cost of Renewables,? and a third topic. Please see the full panel descriptions below. Kindly complete and return the attached registration form at your earliest convenience. Please do not hesitate to contact me if you have any questions or concerns. I look forward to your response and hope you will join us in Cambridge. Thank you for your time and consideration, and have a lovely weekend. Warm regards, Hannah Bruner Staff Assistant Harvard Electricity Policy Group 79 JFK Street, Box 84 Cambridge, MA 02138 (617) 496-6760 Interregional Transmission Services and Operations: Beyond Order 1000 Increasing development of intermittent resources and reduced reserve margins of traditional resources require leveraging diversity in regional supply and demand. Western utilities are moving towards an energy imbalance market to meet these emerging portfolio challenges. Some utilities and RTOs have developed voluntary coordination and congestion management agreements with varying governance structures and sophistication. These agreements can result in a patchwork of ad hoc bilateral agreements without full integration of the markets. While FERC directed interregional planning reforms With efforts in its Order 1000 initiative, it did not address operations or transmission services reform across transmission provider seams. The Commission?s Order 890 Rulernaking (2007) and the Inquiry into Transmission Loading Relief Reliability Standard and Curtailment Priorities (2010) have not produced signi?cant advances in operational coordination. What opportunities are there to ensure maximum utilization of infrastructure across each interconnection and leverage interregional diversity? What can be done to move toward more efficient dispatch and congestion management across each interconnection? What operational opportunities can be leveraged with the eventual implementation of the Parallel Flow Visualization effort? With the development of Order 1000 interregional planning processes and cost allocations, should the traditional ?through-and~out? transmission rate structures with rate-pancaking across systems be reevaluated? Should contract path or point-to-point based 1 transmission service be supplemented or replaced with compensation mechanisms based on loop ?ow impacts to neighboring systems? Under what organizational and process umbrella FERC, NERC, NAESB, or Voluntary Regional OAS) can opportunities for advancement in interregional operations be made most effect? Clean Energy Revolution or Evolution: The Cost of Renewables The cost of renewable energy has been-declining, rapidly. The improvements have been enormous. The controversy remains not over whether there has been a substantial cost improvement but whether the cost reduction is enough to turn the corner on the economics of meeting the challenges of climate change. The debate has major implications for a policy choice between wide scale subsidies for deployment of existing technologies versus substantial increased expenditures on to develop breakthroughs that can be deployed in the future. The views range'from ?[o]ne popularized about [Renewable Electricity] is that it is simply too expensive,? (NREL) t0 ?[t]he cost of renewables has been falling. But not fast enough.? (Global Apollo Programme). Differences in the estimates of the cost of renewables are at the core of the analysis of options under of the Clean Power Program. The Energy Information Administration issued a recent report defending its higher estimates of the cost of renewables against a continuing series of critiques. What are the debates and sources of differences in the estimates of the cost of renewables? How do regional variations affect the picture? What are the trends in costs? What does this imply for the appropriate subsidy policies for deployment and learning by doing? How important is it to expand on the budget and focus on major breakthroughs rather than incremental improvements? Is the revolution already here, or as Bill Gates says ?we need an energy miracle.?