Keeping you updated with the latest releases, updates, events and opportunities we're working on to improve competitive innovation for our customers.
The Energy Systems Integration group have released a new report, that looks into the changes in market rules, regulations, planning and practices that need to be put in place to better integrate distributed energy resources in the US wholesale and market operations. The report covers the nearer-term implementation of FERC Order 2222. To read the full report, click here.
The home will save the owners up to £20,000 a year by using low-carbon and battery technologies to provide them with free heating, hot water and electricity. ilke Homes will be installing the house in Essex, as part of a wider 153-home scheme in order to drastically reduce household bills and give the consumer greater control over their energy usage. Read more here.
Smart charging allows owners of Electric Vehicles to plug in during expensive peak hours, without the vehicle drawing the power until cheap off-peak hours. This takes the strain off the electric grid, makes better use of renewable energy and saves drivers money. Without smart charging, local grids could overload and cause blackouts with millions of EV owners plugging in after work. Read more here.
A webinar hosted by Energy Central and Sitetracker, on 16th February 5pm-6pm GMT, will discuss how clean energy solutions will need to find faster and more cost effective ways to contribute to the future of energy. Join this informative webinar to learn; case studies and best practices to reduce EV charging and commercial solar deployment times and Harvard Business Review Analytic Services report findings on renewable energy and cost-effective solutions. Register here.
Imperial College London has launched clean energy and low carbon infrastructure courses - that are free to access. These courses are available worldwide and have been developed by the Grantham Institute and Children’s Investment Fund Foundation. The three courses will focus on the benefits of renewable energy both environmentally and economically. Read the full story at future Net Zero here.
The Energy Digitalisation Taskforce have released their final report and recommendations for a digitalised net zero energy system. These recommendations include; building customer trust by giving them greater control and giving innovators plug and play options to enable interoperability. To read the full report click here.
In an article on Utility Week, Nigel Hawkins assesses how the energy market is likely to progress after members have been falling due to the surge in gas prices. As of 2nd February 2022, 27 energy suppliers haver folded since August 2021. From the collapsed pile of new energy suppliers, a few companies may emerge as sector consolidators. The most plausible outcome for the future of the market is a four-pillar structure which is led by Centrica, therefore securing a further enhanced market under a higher price cap. The article can be found here.
The growth of renewable energy generation and customer demand for distributed energy resources (DER) are contributing to utility of the future. The flexible customer demand means we will move from a world where we forecast demand and schedule supply, to a world where we forecast supply and schedule demand. Read more here.
A report released by Pacific Northwest National Laboratory has highlighted that - in the largest simulation of its kind - a transactive energy system that gives flexible control over energy supply and use patterns could save consumers $50 billion a year. The simulation showed if the transactive energy system were deployed on the Electric Reliability Council of Texas (ERCOT) grid, peak loads would be reduced by up to 15% - saving up to $5 billion annually in Texas alone. The savings would equal the annual output of 180 coal-fired power plants nationally. You can read the full article from Science Daily here.
The DNO expects the project, named Equinox, to answer key questions about the role operators can play in encouraging heat decarbonisation in the most cost-effective way for customers. Equinox is being part funded by Ofgem’s Network Innovation Competition, receiving £7.2 million. Read more here.
Utilities are having to embrace digitalisation to achieve the levels of flexibility required by grids based predominantly on distributed intermittent generation assets. Technology such as IoT are giving utilities new tools to enhance operations —and pointing the way to the utility of the future. Read Reuters Events' white paper and theenergyst's full article here.
The Energy Digitalisation have released their recommendations for creating a digitalised energy system. The Taskforce focused on four main areas, including; bringing value to consumers, accelerating decarbonisation, maintaining a stable, secure and resilient system and optimising whole system investment and operation. Read more here.
The continued growth of the renewable energy industry must be managed with cybersecurity in mind. According to an article by ZD Net, the energy industry is already a high-profile target for hackers. The rapid transition towards renewable energy could create new avenues for cyber criminals to explore. Read more here.
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