CONTRACTEREN VAN ENERGIE EN DE MOGELIJKHEDEN TOT KOSTENREDUCTIE

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1 VOKA - SUMMER SCHOOL SMART GRIDS FLANDERS CONTRACTEREN VAN ENERGIE EN DE MOGELIJKHEDEN TOT KOSTENREDUCTIE Lieven Bloeyaert

2 15 YEARS EXPERIENCE IN 4 SECTORS Who we are 2

3 STRENGTH OF 3E Who we are Energy markets Integrated approach Turnkey solutions for energy management Software and research 3E Policy and Strategy Cost reduction in several fields Reduction of energy consumption Production of renewable energy Valorisation of flexibility Grid Integration Renewable energy More than 15 years of experience in all relevant fields Contract- and portfolio-optimisation Sustainable strategy and image Energy Efficiency 3E transforms energy from a liability to an asset! 3

4 THE ECONOMIC WAY TO ENERGY SAVINGS Economic savings via better optimization Energy contracts: evaluation, optimisation and negotiation Less contracts is more Different sourcing possibilities (use of energy markets) Valorisation of untapped demand and/or production flexibility Sustainable investments Elimination/reduction of losses (heat, cold, pressure, ) Re-lighting, frequency control of engines, Heat recuperation, HVAC, cooling and heating Invest in own energy production (>5 year payback) Wind Solar Steam generator CHP/ORC Heat network 4

5 /MWh ENERGY RISK STRATEGY The importance of an energy risk strategy: how to deal with uncertainties related to energy 65 BEL CAL 2011 Forward

6 ENERGY RISK STRATEGY The scope of a good energy risk strategy: Includes (most) all energy related issues : supply contracts, convenant commitments, green certificates, subsidies/charges, pass through possibilities of energy costs onto your clients,... Provide a view on long & short term issues Should fit within the overal company strategy: risk profile, (sustainable) image,... Deals with aspects of different nature in relation to energy: financial budget, legislation, local & global, the view on peers & positioning versus competitors 6

7 ENERGY RISK STRATEGY What does an energy risk strategy provide you with? defines a framework within which actions can/should be taken (investments, hedges/risks, studies/analysis,...) provides you with a clear reporting of risks and impact on budgets and operations Key factors for a successfull risk strategy the required management endorsement & assigment of the tools, resources and responsibilities: budgets, people, data,... followed up closely and executed as planned can be adjusted from time to time to take changes into account (company strategy/policies; external environment) the propper expertise & responsibilities have been assigned a long term committment 7

8 EXAMPLE OF AN EXTENSIVE ENERGY PORTFOLIO REPORTING Yearly/weekly/daily/hourly consumption/production profile Per site & global Energy costs per item (grid cost, energy, green contributions, charges) Peak distribution curve Portfolio of buildings with several PV installations and small wind farm 8

9 ENERGY CONTRACTS: OPTIMIZATION POTENTIAL Reduce energy supplier margins by a better design of your new supply contracts and a smarter negotiation position Know your energy consumption: profiles, budgets, past & future Make sure you select a product fitting your energy risk strategy: market based products or price references, fixed pricing, hedging possibilities,... Be aware your contract uses transparant price references (belpex, endex,...) and gives you room for flexibility (volume, market prices, GCs obligation,...) Foresee the necessary expert assistance: Understand the energy markets compare the different price assumptions/formula s suppliers propose, not neglecting the risk aspect! evaluate the possibilities and potential benefits for multi-site contracts, pooling,... 9

10 30 BUILDING YOUR CONSUMPTION PROFILE Hedge 3 Hedge 4 Hedge Hedge 2 Hedge 5 Hedge

11 FLEXIBILITY: OPTIMIZATION POTENTIAL Energy flexibility: flexibility = value potential Optimize your consumption in accordance with the different price levels/charges under your supply contracts: - shift consumption from peak to off-peak, or from one hour to another (day-ahead, intraday,...),... - reduce your peak capacity; - avoid reactif power charges; Smarter management of local electricity production (avoiding grid fees, higher power revenues,... The value of interruptability Also shows the importance of a well designed energy contract 3E Power Market Services - Introduction 11

12 % of occurence THE VALUE OF FLEXIBILITY 100% 80% 1 MW of an hourly flexible load yielded an annual of margin based on belpex 2011 prices 60% 40% 20% 20% of the time, the delta between 2 consecutive hourly prices on belpex is > 7 /MWh 0% /MWh absolute hourly delta 12

13 Cooling control signal Belpex Price [ /MWh] EXAMPLES OF OPTIMISATION POSSIBILITIES Example: cold storage Cooling Optimisation 1 0,9 Pcoo_opt Price ,8 0,7 0,6 0,5 0,4 0,3 0,2 0,

14 VOKA - SUMMER SCHOOL SMART GRIDS FLANDERS THANK YOU FOR YOUR ATTENTION

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