Business Innovation Conference - Fort Collins, Colorado · Top 5 Smart Grid Stats 1. $2 trillion...

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What’s Smart Grid Got To Do With It? January 29, 2015 Business Innovation Conference

Transcript of Business Innovation Conference - Fort Collins, Colorado · Top 5 Smart Grid Stats 1. $2 trillion...

Page 1: Business Innovation Conference - Fort Collins, Colorado · Top 5 Smart Grid Stats 1. $2 trillion – estimated total investment needed to achieve full smart grid penetration 2. $480

What’s Smart Grid

Got To Do With It?

January 29, 2015

Business Innovation

Conference

Page 2: Business Innovation Conference - Fort Collins, Colorado · Top 5 Smart Grid Stats 1. $2 trillion – estimated total investment needed to achieve full smart grid penetration 2. $480

What is a ‘Smart Grid’?

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What is a ‘Smart Grid’?

Digital technology that allows for two-way

communication (flow of information) between

the utility and its customers.

www.SmartGrid.gov for more information

Intent is to improve utility operations and

promote energy conservation and efficiency

Number of smart meters deployed worldwide is

expected to rise from 76 million in 2009 to

more than 250 million in 2015, equal to 18% of

all electric meters globally (source: EIA.gov)

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U.S. Smart Grid History

Smart Grid development started in 2001

Energy Independence and Security Act of 2007

NIST to coordinate development of Smart Grid Standards

Authorized pilot projects for smart grid technology

American Recovery & Reinvestment Act of 2009

Significantly increased grant funding for smart grid efforts

Utility Type Meters Installed Target # of Meters

Investor Owned Utility 43,115,000 60,126,000

Muni or Co-Op Utility 6,963,000 9,874,000

Total as of July 2014 50,078,000 70,000,000

Page 5: Business Innovation Conference - Fort Collins, Colorado · Top 5 Smart Grid Stats 1. $2 trillion – estimated total investment needed to achieve full smart grid penetration 2. $480

43% of U.S. homes with Smart Meters

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Smart Meters by Customer Segment

Source: https://www.eia.gov

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Top 5 Smart Grid Stats

1. $2 trillion – estimated total investment needed to

achieve full smart grid penetration

2. $480 billion - maximum cost of smart grid-related

upgrades in the US

3. $100 billion – true value of the smart grid market by

2020

4. 400% - the percentage by which Western countries’

electricity prices will soar in the next 30 years if

electricity grids do not become smart grids

5. $90 billion – the investment that China plans to make

in smart grid technology by 2020

Source: https://www.smartgrid.gov/all/news/2_minute_expert_briefing_smart_grid_technology

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Colorado & Ft. Collins Smart Grid History

Xcel Energy launches SmartGridCity project for

City of Boulder

Initial cost of $14.5 million expanded to $45 million

Ft. Collins has replaced all electric and water

meters

All customers will have access to Web Portal and mobile

app with information

15 minute data resolution for electric

1 hour data resolution for water

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Colorado compared to U.S.

Source: https://www.EdisonFoundation.net

Expected deployment by 2015

Page 10: Business Innovation Conference - Fort Collins, Colorado · Top 5 Smart Grid Stats 1. $2 trillion – estimated total investment needed to achieve full smart grid penetration 2. $480

How Does a Smart Grid Help Businesses?

Provides interval level insight into facility operations

(what happens at what time)

60, 30, 15, 5 or 1 minute data

Enables businesses to more easily participate in

energy efficiency programs and find savings

Demand response, lighting (know base load), etc.

Behavioral savings opportunities

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Improves accuracy of monitoring and verification of

achieved savings

Greater confidence to invest in energy savings measures

How Does a Smart Grid Help Businesses?

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Common Uses of Interval Data

1. General

understanding of day-

to-day usage

2. Identify peak demand

3. M&V of energy

efficiency projects

4. Identify cost saving

opportunities

5. Build up management

understanding and

awareness

6. Review data with

consultants/partners

7. Interruptible or peak

control curtailment

8. Cost allocation

9. Live dashboards for

troubleshooting

10. Real-time alerts

11. Benchmarking

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Energy Management & Information Systems

Cloud-based software products used by utilities

to leverage interval data into actionable insight

Include visual displays, data comparison

features, and analytical tools to help users

dissect value from raw data

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Traditional Utility Bill

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Which is Better?

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Clarity of Peak kW

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Expected vs. Actual

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Find Unusual Usage

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58 KW Spike

$569 impact on monthly bill

Peak Demand Issues

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How Low Can You Go?

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Weekend Energy Use

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Interactive Kiosk

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Real-time, Multi-user Alerts & Goals

Voice call to your phone

Email to your computer or cell

Text message to your mobile

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