The Future of the Power Grid
by Catherine Luthin, President, Luthin Associates, Inc., Eric Bratcher, Senior Zoltar, 5 and Owen Brady, MBA, PMP, Manager, Future of Heat, National Grid
Wednesday, July 8, 2020 | 2:00-3:00pm (EDT)
As renewable generation assets are increasingly concentrating in areas of abundant natural renewable resources, we are seeing profound impacts to both spot and forward market prices, including increased volatility and sometimes undesired consequences.
This conversation will illustrate some of the positive and negative economic impacts these changes are in having on the power industry, like the increased frequency of negative wholesale power prices and increased spot price volatility, and briefly touch on some solutions that states like Texas and California are using to address these problems.
As we look to transition the power grid of the future to include more renewables, how do we do this as quickly as possible with little disruption to our home and business operations? I believe a solution that leverages existing systems where appropriate, making it easier for people to meet their needs while accelerating and reducing the cost of the transition, is the ideal solution. The Future of Heat team is exploring innovative technologies and product offerings to evolve our gas business so it. The future of the heat team at National Grid is exploring innovative technologies to evolve our gas business so it can continue to support lowering carbon emissions and can serve as an integral component of our sustainable energy future.
Catherine Luthin is a female entrepreneur, successful innovator, and pioneer in energy management and sustainability, with over 30 years of industry experience within corporate, nonprofit, and regulatory environments. She is the Founder and President of Luthin Associates, a leading energy management consulting firm that helps public and private sector clients develop and implement proactive energy strategies, better source energy, operate more efficiently, integrate renewable energies, and achieve significant cost savings. With extensive experience in the education, healthcare, and real estate sectors, Luthin Associates has helped clients drive more than $500 million in cost reduction opportunities.
A nationally recognized leader in the energy industry, Luthin is currently on the Association of Energy Engineers (AEE) Certified Energy Procurement Board. In 2019, Luthin became an AEE Fellow, a grade of membership for those who made a significant contribution to the energy management and alternative energy industry. In prior years, Luthin received the Energy Service Professional of the Year Award from the AEE-NY Chapter as well as the International Professional of the Year Award from AEE. She also serves as the Founder and Executive Director of Consumer Power Advocates (CPA), which helps large, institutional nonprofits in the education and health sectors decrease energy costs through regulatory affairs and programs that shape energy policies in New York State.
Luthin received her MBA and a bachelor’s degree in Marketing from Fairleigh Dickinson University in New Jersey.