SMART GRIDS PLUS INITIATIVE

Transcription

1 Demand Response for residential customers -business opportunity for utilities ERA-NET SMART GRIDS PLUS INITIATIVE Sami Sailo, There Corporation

2 Energy markets in Finland Supplier A Supplier B Settlement Supplier C DSO 1 DSO 2 DSO 3 De-regulated energy sales market with 70 suppliers Day ahead prices from NordPool, and several suppliers have a Spot -product No regulated end user prices for electricity supply Supplier centric market model, but both DSO and supplier are responsible for billing DSOs (over 80) are responsible for metering From the beginning of % of metering points hourly metered and remotely read (Automatic Meter Reading, AMR) are read daily Settlement process Data is sent to suppliers, balance settlement and customers 1 day after delivery Supplier switching is easy and free of charge for customers - switching rate about 10%

3 Price volatility on NordPool

4 Demand response is actual and needed in Finland! Biggest unit size is growing, ~ 900 MW => 1300 MW More inflexible production (wind, solar) is going to be installed to the grid Price peaks still exists, especially in the regulation power market Fingrid's reserve needs and costs are growing! There is a need to increase the flexibility of the system by introducing new resources like demand response

5 Markets are open for demand response! MW MW Elbas-market, intra day MW Balancing power market, FRR-M Elspot-market, day-ahead 385 MW Fast disturbance reserve, FRR-M 50, ,9 49,8 49,7 49,6 49,5 49,4 49,3 49,2 Frequency Strategic reserves 0 MW Frequency restoration reserve, FRR-A Frequency controlled normal operation reserve, FCR-N Frequency controlled disturbance reserve, FCR-D Consumption in the market today 0 MW 0 MW 70 MW All these markets are open for consumption! Hourly energy metering and pricing in use Technical specifications differ between markets Different markets, different specifications => different compensation

6 Demand response and optimization of electricity sales Physical power market Peak load capacity Derivative and hedging Balancing power market After Sales Benefit Steering of energy usage based on hourly Elspotpricing. Benefits to the end-consumer or Enabling a competitive fixed price el-contract Elbas-steering. Benefit Improved forecasts of available peak load capacity. Usage of balancing power at Elbasmarket. Benefit Better predicatbility of consumption provides lower costs for hedging of electricity sales. Optimization of consumption reduces financial exposure. Benefit Mitigation and prevention of power imbalances. Benefits Reduced churn and increased customer satisfaction. Enables platform for provision of own or 3 rd party solutions. Varies between companies, est. benefit based on 10% of acquisition

7 There Corporation Heating and Cooling System Suppliers and PV System Suppliers IoT Manufacturers Energy Utilities Transmission System Operators Home Automation Framework Telecom and Entertainment Suppliers Cloud-based Home Energy Management (HEMS) platform Water boiler, oil burner, air pump, electric heating Own energy management algorithms External data: weather forecast, day ahead pricing, energy consumption from smart meters Demand management solutions IoT data aggregation and analysis

8 There Solutions Smart Boiler User benefits 15-20% savings in heating costs. Fully automated heating Fast turn-key installation Functionality Calculates the house heating need from weather forecast and house parameters Selects cheapest hours for heating Visualizes solution functionality in user interface Sends notifications

9 There Solutions Dual Fuel User benefits 15-40% savings in heating costs. Remote access Fast turn-key installation Functionality Selects between oil and electricity heating automatically Monitors devices and stores device data Visualizes solution functionality in user interface Sends notifications

10 There Solutions Comfort User benefits Improved living comfort 15-40% savings in heating costs Peace of mind when away Functionality Heating and home appliance control with automated services and tasks Personal user interface Remote access Notifications

11 There Solutions Electric Heating User benefits 15-20% Savings in heating costs Improved heating comfort Functionality Automated heating control utilizing weather forecast and hourly rated electricity plan Heating modes Personal user interface Remote access Notifications

12 There Solutions Air-to-Air Heat Pump User benefits Energy cost savings Remote access and control Improved comfort Functionality Automated control tasks for heat pump / AC Online, remote access and control to heat pump Combine with other applications, e.g. photovoltaics. Sends notifications

13 There Solutions Photovoltaic User benefits Electricity cost savings Remote access Fast Turn-key installation Functionality Controls the household appliances automatically utilizing balance data. Monitors PV production Visualizes production and consumption Enables online operation of appliances. Sends notifications

14 Thank you! Sami Sailo Head of Solutions There Corporation