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COPYRIGHT©PÖYRY SEPTEMBER 2018 INNOVATION WEEK 2018: SOLUTIONS FOR A RENEWABLE-POWERED FUTURE 1 DIGITALISATION OF ENERGY Stephen Woodhouse, Chief Digital Officer 5 September 2018
Transcript of DIGITALISATION OF ENERGY · Mobile Apps IT System Data ERP Block Chain Cloud Apps Critical Infra...
COPYRIGHT©PÖYRYSEPTEMBER 2018
INNOVATION WEEK 2018: SOLUTIONS FOR A RENEWABLE-POWERED FUTURE 1
DIGITALISATION OF ENERGY
Stephen Woodhouse, Chief Digital Officer
5 September 2018
COPYRIGHT©PÖYRY
Strategy, Digital Readiness & Change Management
Underpinned by Security Layer
WHAT IS ‘DIGITAL’ AND WHY IS IT SO TRANSFORMATIONAL?
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Explosion of Existing and New Data Sources
Game Changing Potential for Control & Automation
Decision support: Data Visualisation, Analysis & Evaluation
Greater efficiency | Sustainable business | Unlock hidden value
5G
IT System DataMobile Apps ERP Block Chain Cloud Apps Critical Infra Data
Sensor Data Social Media Smart Meters GIS Drones/UAVs GPS
Virtual Reality Augmented Reality Digital Twin AI/Machine Learning Cognitive Intelligence
Trading Remote Switching Automated Operation Automated Scheduling
Of Maintenance Rosters
Inventory Management
SEPTEMBER 2018INNOVATION WEEK 2018: SOLUTIONS FOR A RENEWABLE-POWERED FUTURE
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HOW WILL IOT / DIGITALISATION AFFECT UTILITIES
SEPTEMBER 2018INNOVATION WEEK 2018: SOLUTIONS FOR A RENEWABLE-POWERED FUTURE 3
Change in
barriers to entry
Shifts in value across
the supply chain
Alignment between
sectors
New enablers, e.g.
blockchain contracts
New tools to manage
resources and
emissions
Consumer
empowerment
Fast-moving efficiency
frontiersCultural change/
competition for talent
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HEAT AND TRANSPORT SECTORS ARE ESSENTIAL ELEMENTS OF
FULL DECARBONISATION
SEPTEMBER 2018
IMPLICATIONS OF E-MOBILITY IN THE ELECTRICITY SYSTEM 4
-95%
2050 carbon
reduction target1990 baseline
Transport
Heat
Power
Other
23%Low carbon technologies
Changing demand
Policy to address
emissions
CO2
Decarbonisation will be the result of reduction policies, technological shifts and
consumer pressure(s)
Source: UNFCCC
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SMART DEMAND RESPONSE WILL HELP THE INTEGRATION OF
RENEWABLES
SEPTEMBER 2018INNOVATION WEEK 2018: SOLUTIONS FOR A RENEWABLE-POWERED FUTURE 5
The largest potential for demand response lies in the buildings sector• Greater automation
• Diffusion of Internet of things
(IoT) devices in the residential
and commercial sector
• e.g. smart thermostats directly
connected to the power market
and to weather forecast
providers
.
Digitally enabled demand response and storage will reduce renewable curtailment
Within EU by 2040
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THE ROLE OF EVS & THE RISE OF PROSUMERS ARE GROWING
SEPTEMBER 2018INNOVATION WEEK 2018: SOLUTIONS FOR A RENEWABLE-POWERED FUTURE 6
Smart charging infrastructure can reduce peak demand from EVs = avoided costs• Smart charging
requires digital
infrastructure to permit
communication
between charging
points and back-end
systems
• V2G?
• Autonomous vehicles?
Small-scale renewables, batteries, & smart appliances
Source: Digitalization and Energy, IEA (2017)
• Not just about declining technology costs
• It’s about the way the technology is adopted – by
consumers not regulated companies
• Consumers will buy smart appliances, batteries, solar etc,
because they think it improves their lives
• And these consumers may relish the opportunity of trading
energy with their digitally enabled neighbours P2P
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IN A DECENTRALISED RENEWABLE-POWERED WORLD RETAIL
GENERATION MAY COME TO EXCEED RETAIL DEMAND
SEPTEMBER 2018INNOVATION WEEK 2018: SOLUTIONS FOR A RENEWABLE-POWERED FUTURE 7
A summer week in Central West Europe – Pöyry’s Tipping Point Study
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Scenario: aggressive technology cost evolution, current retail tariffs
Scope: France, GB, Germany, Belgium, Netherlands, Switzerland, Denmark
Retail demand
Non-retail demand
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Consulting. Engineering. Projects. Operations. www.poyry.com
Stephen Woodhouse
+44 7970 572444
#PoyryDigital
#poyrydigital
