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Powering the Future: A Look into PJM's Energy Transition
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On this inaugural episode of Know Power, Manu Asthana, an expert in the energy space, discusses his role as a member of PJM and how he's been helping with the organization's big energy transition. With a diverse array of backgrounds and capacities within the organization's scope, Manu is at the forefront of a growing concern regarding renewable energy, and PJM is confident it can benefit its customers if they handle the transition correctly. The transition isn't without its challenges, and Manu explains the roadblocks he's run into, particularly with regulatory standards and new technology. He also talks about how PJM is dealing with the issue of diversity, whether it's a more significant asset or if a single state system would be preferable. Finally, Manu emphasizes the importance of addressing the people left behind by industrialization and being open to ideas on how to address this issue.
Guest bio: Manu Asthana is the CEO of PJM, a regional transmission organization that manages the power grid for approximately 65 million Americans in 13 states and the District of Columbia. With over 1400 generators under its management, PJM directs the operation of the transmission system and generation through the power of competitive markets, ensuring efficient operation and forward planning. Manu's leadership has enabled PJM to manage the power grid effectively using cutting-edge technology and competitive market strategies.
[00:04:26] PJM's CEO on finding purpose in the energy transition
[00:08:34] Transition to renewables: urgency and opportunities ahead
[00:16:24] Diversity in the PJM footprint: a significant advantage
[00:19:56] Why transmission is a key component for reliable and diverse energy
[00:23:06] Upgrading grid infrastructure for renewable energy
[00:29:11] How PJM handles the intricacies connecting homes to power grid
[00:33:57] Designing a fairer society through better power distribution practices
[00:43:24] Geopolitics, energy security, and climate change policies
[00:48:13] The future of work: embracing rapid innovation
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