IoTMeetupGuildford#15: Steven Clarke - Generate revenue from energy intensive equipment - Open...

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Transcript of IoTMeetupGuildford#15: Steven Clarke - Generate revenue from energy intensive equipment - Open...

Generate revenue from energy intensive equipment

Presentation to: Guildford IoT Meet Up

December 2015

IOT | Development

IOT | Applications

IOT | Examples

About | Open Energi

Open Energi is transforming how we use and deliver energy, building a new energy economy which is cleaner, cheaper and more secure

Background | Timeline

Power Supply | Old Energy Economy

• Linear value chain

• Supply is adjusted to meet demand

• Does not support renewables integration

• Energy users are passive consumers of power

Power Supply | Energy Transformation

Power Supply | New Energy Economy

• Demand responds intelligently to supply• Supports renewables integration

• Bi-directional value chain• Strength of DSR is in aggregation

Power Supply | Technology is a CatalystUsing connectivity to help devices respond intelligently could shift up to 10% of energy demand whilst rewarding business for taking part

Power Supply | Market Position

Open Energi fills peaks & troughs

Peaking powertypically coal

Base load power typically nuclear / gas

The graph represents a 24hr winter profile taken from the National Grid demonstrating base / peaking power and Open Energi’s service positioning

Power Supply | Energy Balancing

• National Grid has to maintain system frequency between 49.50 - 50.50Hz

• Power supply would fail without grid balancing services

Power Supply | Energy Balancing Options

Open Energi | Market Differentiators

Globally unique patented technology is clearly differentiated when compared to other Demand Side Response balancing services

Open Energi | Market Differentiators

• Other demand-side response aggregators operate under a Firm Frequency Response license

• Only Open Energi offers an automated service with full time utilisation

• Only Open Energi offers a service with the ability for both high & low events which commands a premium price

Service | Availability Payments

Turning energy-intensive equipment into income

High Response

Low Response

Paid forAvailability

Only 5% (average)Switched

Hardware | Architecture

Typical installation layout

Customers | Case Studies

Open Energi works with large energy users across the public and private sector to generate new revenues and support their sustainability goals

“We are committed to sustainability and strive to exhibit leadership in our sector. Our collaboration with Open Energi, and the rollout of this cutting edge technology demonstrates our pioneering approach to tackling energy management and carbon reduction”

Chris Hudson, Director | Aggregate Industries

UK Head Office

Lincoln House300 High HolbornLondonWC1V 7JH

+44 (0)20 3051 0600

www.openenergi.com