S6 E3 - Valuing the Resilience of the Electric Grid
As we mark the two-year anniversary of Hurricanes Harvey, Maria, Irma, and Jose, and with Hurricane Dorian having just ravaged the Caribbean and now impacting the Southeast and Eastern Seaboard, the resilience of the electric grid is still a front-and-center conversation. Yet, in spite of the growing number of more severe natural disasters and man-made events impacting the electric grid, efforts to place a value on resilience are still relatively nascent. In this episode of Grid Geeks, I talk with two experts on the topic of resilience, Wilson Rickerson, Principal with Converge Strategies, and Jonathon Monken, Senior Director, System Resiliency and Strategic Coordination for PJM Interconnection. We explore some key questions: How is resilience defined? Does it make sense to ascribe a value to resilience? What methods and tools exist to determine that value? Which entities are ‘responsible’ for resilience of the electric grid? Is there sufficient coordination and communication among those entities? What existing resilience efforts provide useful models for others to learn from? (Host Sara Baldwin)