Flexible demand and demand control

Page 8

Technology Conduct feasibility studies and technology demonstrations that prove up new FD loads (EVs, batteries, HVAC etc.) and share knowledge on implementation approaches.

High

Develop data management tools and interoperability/data standards for streamlining information exchange between electricity markets, FD providers and other actors. This would reduce transaction costs and enable new business models to scale.

Med

Examine options for improving real-time metering of supply and demand in distribution networks. This could include (but not be limited to) monitoring low-cost Internet-of-Things technologies that reduce reliance on expensive billing meters.

Med

Develop metering and verification baselining tools, guides and settlement procedures, with the aim of standardising technology and procedures to reduce transaction costs. This could include artificial intelligence techniques for more rigorous baselining.

Med

Review options for uniform technical standards.

Low

Cultural and behavioural Study customer decision-making and participation triggers to identify factors that would increase interest among energy users and overcome internal non-financial barriers to participation.

High

Develop strategies to improve energy user awareness and understanding of FD; this would include case studies and media collateral to communicate the opportunity to energy users and step them through the journey.

High

Work with purchasing departments to better understand the contracting process and increase trust by developing standard independent terms and conditions for FD contracting.

Low

Research cultural barriers within the electricity supply industry that prevent stakeholders (retailers, networks, market operators etc.) from prioritising FD.

Low

Other Investigate methodologies and benchmarks for demonstrating FD supply firmness, including simplified but robust FD capacity registration, compliance tools and technical requirements guidelines.

Med

Identify opportunities for creating more transparency and certainty for FD providers.

Med

Identify FD potential in specific end-use sectors through case studies and knowledge sharing. Conduct resource assessments to identify the size of the FD resource in various sectors, and target barriers and opportunities for unlocking it.

Med

Investigate costs and benefits of governance reform to encourage demand-side activity.

Low

Implementing a flexible demand research program in RACE for 2030 The priority research areas identified by stakeholders and experts in this project were categorised into three investment streams as follows:

6

Flexible demand and demand control B4 Opportunity Assessment


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.