The purpose of this Reference Information Portal is to provide a central location to share stakeholder engagement meeting information, materials and relevant reference information that has been helpful in developing the ISOP vision.
ISOP is a planning framework that optimizes capacity and energy resource investments across generation, transmission, customer delivery (distribution) and customer solutions. Duke Energy has established a stakeholder engagement process to inform the development of ISOP modeling tools and analytical processes, reach a common understanding of key issues and assess achievable, beneficial outcomes for our customers and other stakeholders through information sharing and constructive discussions. Recognizing the complexity of planning processes, we believe the stakeholder process will be most effective if it is interactive and collaborative. We ask that stakeholders approach the process with the same intention and provide constructive questions and suggestions to help us further understand specific stakeholder use cases for ISOP-related outputs.
The ISOP development effort and this stakeholder process are initially focused on the Carolinas due to the relatively high concentration of Distributed Energy Resources (DERs) in this area. Our timeline is focused on implementing the basic elements of ISOP in the 2022 Integrated Resource Plans (IRPs) for Duke Energy Carolinas (DEC) and Duke Energy Progress (DEP). ISOP processes will be extended to our other jurisdictions as quickly as practical, tailored to the specific needs of each area.
This stakeholder convening will continue the discussion on energy storage and explore market opportunities. Speakers will review the state of the energy storage market in Michigan and a panel of industry experts will share what creates the right market conditions for energy storage companies to thrive. Participants will also be asked to think collaboratively about the challenges the energy storage industry faces.
This convening is sponsored by the Michigan Department of Environment, Great Lakes, and Energy (EGLE).