The energy system is the most complex and far-reaching machine that has ever been built by humans.  It is technically complex and works through a highly diverse patchwork of business models and regulatory regimes.  The system impacts every part of daily life and has been designed to ensure stability, reliability, and low cost for consumers.  

Today’s fast paced world is putting extreme pressure on energy system structure due to rapidly evolving technology, climate change, social changes, and changing consumers across all aspects of life. These pressures will require changes that are critical for long-term economic growth and competitiveness.   

This seminar by TVA Vice President of Innovation and Research Joe Hoagland will delve into the complexities of today’s power system and explore the pressures and changes needed as well as the impacts on the physical evolution of the grid and the business and regulatory models needed for success.