| Abstract: | The objectives of the perfect power project include: 1) the achievement of system-wide perfect power and demonstration of its technological viability; 2) 50% peak demand reduction capability via on-site generation when called upon by ComEd/PJM; 3) deferral of ComEd planned substation upgrades due to the demand reduction achieved; 4) demonstration of the economic value of perfect power, specifically the avoidance of outage costs and the introduction of significant savings and revenue from providing ancillary services; and 5) a design that can be replicated to any municipality-sized system where customers can participate in electric power market opportunities. In addition, the IIT team seeks to fulfill the mission of the university as set forth by President John L. Anderson, "IIT will be internationally recognized in distinctive areas of education and research, using as its platform the global city of Chicago, driven by a focus on professional and technology oriented education, and based on a culture of innovation that embraces bold and transformational ideas." Transforming the IIT power delivery infrastructure to achieve perfect power is a bold idea that will require a never-ending series of innovations. We have embraced the vision of the GEI and we look forward to sharing our progress with the power and energy community in the years to come. |
