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

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Generate revenue from energy intensive equipment Presentation to: Guildford IoT Meet Up December 2015

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

Page 1: IoTMeetupGuildford#15: Steven Clarke - Generate revenue from energy  intensive equipment - Open Energy

Generate revenue from energy intensive equipment

Presentation to: Guildford IoT Meet Up

December 2015

Page 2: IoTMeetupGuildford#15: Steven Clarke - Generate revenue from energy  intensive equipment - Open Energy

IOT | Development

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IOT | Applications

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IOT | Examples

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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

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Background | Timeline

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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

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Power Supply | Energy Transformation

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Power Supply | New Energy Economy

• Demand responds intelligently to supply• Supports renewables integration

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

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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

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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

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Power Supply | Energy Balancing

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

• Power supply would fail without grid balancing services

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Power Supply | Energy Balancing Options

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Open Energi | Market Differentiators

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

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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

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Service | Availability Payments

Turning energy-intensive equipment into income

High Response

Low Response

Paid forAvailability

Only 5% (average)Switched

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Hardware | Architecture

Typical installation layout

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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

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UK Head Office

Lincoln House300 High HolbornLondonWC1V 7JH

+44 (0)20 3051 0600

www.openenergi.com