Interregional Transmission Planning with HVDC - PRESENTED BY: PREPARED FOR:

Takeaways and Recommendations This presentation is based in part on the report, The Operational and Market Benefits of HVDC to System Operators, prepared with colleagues at The Brattle Group and DNV and input from industry participants. [...] The CAISO market system will calculate and issue the optimal position for the controllable device to the transmission owner.” NYISO is implementing optimization of “Internal Controllable Lines” in its energy and capacity markets after the Clean Path NY HVDC line was selected in part for its congestion-relief benefits to the AC grid The Western EIM and the new Extended DA Market are able to ful. [...] Develop new regulatory and cost-recovery paradigms that can take advantage of the controllable nature of HVDC technology (both regionally and inter-regionally, including merchant transmission) to permit greater competition and allow for better financial/risk sharing with transmission owners For more detailed discussions, see: The Operational and Market Benefits of HVDC Transmission brattle.com | 2. [...] Department of Energy (DOE) and its National Labs For more detailed discussions, see: The Operational and Market Benefits of HVDC Transmission and The Need for Intertie Optimization: Reducing Customer Costs, Improving Grid Resilience, and Encourage Interregional Transmission brattle.com | 23 . [...] LCC converters) Real-world Experience with Specific HVDC Capabilities HVDC Planning: Transmission Studies MISO’s Comparison of HVDC and 765kV Solutions: Adding multi-value planning is critical Quantifying HVDC Benefits in Transmission Planning (Examples) Planning HVDC Conversions/Upgrades of Existing AC Lines Example: European Transmission Planning and CBA Framework Example: CAISO HVDC Solutions E.