edie: EVs could provide 11GW grid capacity by 2030, research claims

Electric vehicles (EV) could deliver more than 11GW of flexible capacity to the grid by 2030, according to new analysis from a leading energy technology firm.

Open Energi says its research shows the potential for EVs to efficiently support renewables, reduce stress on the grid and balance electricity supply and demand.

The study predicts that with an estimated EVs on the road by 2020, smart charging could unlock up to 550MW and 1.3GW of turn-up and turn-down flexibility respectively at different times of the day. By 2030, this rises to 3GW of turn-up and 8GW of turn-down flexibility respectively.

Open Energi strategy and innovation lead Dago Cedillos said: “The electrification of transport is happening faster than anyone expected and EVs are set to have a significant impact on infrastructure, systems and markets.

Read the full article here.

Energy Live News: EVs could offer 11GW of grid flexibility by 2030

Electric vehicles (EVs) could offer 11GW of rapid flexibility to the UK’s energy grid by 2030.

That’s according to energy tech developer Open Energi, which suggests smart charging, which is when vehicles are charged automatically at optimal times, could support renewable generation, balance supply and demand and alleviate strain on the network.

The firm finds by 2020, an estimated 1.6 million EVs on the road could provide up to 550MW of turn-up flexibility and around 1.3GW of turn-down flexibility.

Read the full article here.

Utility Week: Open Energi launches AI-driven optimisation platform

Smart energy firm says launch marks “a significant step towards a self-balancing grid”

Open Energi has unveiled a new platform that uses artificial intelligence and machine learning to optimise the use of distributed energy assets in real time.

The smart energy firm says the launch marks “a significant step towards a self-balancing grid that can integrate renewable generation efficiently at scale”.

The company claims its Dynamic Demand 2.0 platform will help businesses to “radically” reduce their energy bills by connecting, aggregating and optimising assets such as industrial equipment, battery storage systems, electric vehicles (EV) and on-site generation.

Read the full article here.

Clean Energy News: Open Energi embraces AI and machine learning for new demand response platform

Open Energi has launched its new Dynamic Demand 2.0 platform, capable of helping businesses shift demand by connecting an increased array of on-site equipment.

The updated version of its Dynamic Demand platform can connect industrial equipment, battery storage, on-site generation and electric vehicles before aggregating their energy capacities.

This allows businesses to effectively ‘stack’ their demand flexibility and offer services such as balancing, energy trading, capacity market participation and peak price management to both save on energy costs and generate external revenue.

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BusinessGreen: Open Energi unveils AI-enabled demand response platform

Demand response provider launches Dynamic Demand 2.0 platform to connect, aggregate and optimise assets such as battery storage, EVs and onsite renewables

Open Energi has unveiled a new artificial intelligence-driven software platform designed to help businesses save money by optimising their electricity demand in real time and boosting decentralised renewable power generation.

Announced yesterday, the Dynamic Demand 2.0 platform connects, aggregates, and optimises distributed energy assets such as industrial equipment, battery storage systems, electric vehicles (EVs) and on-site generation to help companies “radically” reduce their energy costs.

Read the full article here.

edie: Severn Trent partners with Open Energi for flexible capacity

Water firm Severn Trent and clean tech company Open Energi have teamed up to deliver a demand response service which could provide the grid with more than 20MW of flexible capacity by 2020.

Severn Trent, which provides water to 4.5 million homes and businesses across the Midlands and Wales, will unlock demand flexibility from its equipment thanks to Open Energy’s tech platform Dynamic Demand. The technology enables equipment such as pumps, motors and blowers to automatically adjust their electricity use second-by-second with affecting processes.

Read the full article here.

 

 

Energyst: Open Energi wins Severn Trent DSR tender

Severn Trent has awarded aggregator Open Energi a contract to help balance the grid by using its flexible load in demand-side response (DSR) programmes.

Under the agreement, awarded via open tender, Severn Trent’s process flexibility will be aggregated into a portfolio to provide services such as dynamic firm frequency response. FFR services command a premium because they help National Grid quickly balance the system as frequency rises or falls.

Read the full article here.

Clean Energy News: AI and Machine Learning in UK energy

Q&A: David Hill, commercial director at Open Energi, talks AI and machine learning in UK energy.

How are customers shaping up to the opportunities offered by artificial intelligence (AI) and machine learning for demand response?

In the context that we’ve been doing AI and machine learning demand response for the last seven years it is safe to say that the amount the market has grown in the last year has completely outstripped what happened in the previous five. Our customers now fully understand that there is huge value to be gained from them by creating flexibility and being able to change their patterns of demand predictably, reliably and without disrupting their business.

The biggest challenge is just making sure you get the value right but once you can prove in a certain area that there’s value and a decent strong investment case then scale will follow.

Read the full article here.

 

Prospect: Demand side, it’s all about flexibility

It’s a common trope beloved by PRs and headline writers alike. When seeking to explain the benefits of a new product or service, businesses seek to compare it with something else that’s equally shiny and new but, crucially, something that’s already caught the public imagination. So the new but unknown service becomes the iPhone, the Uber or the Bitcoin of the industry in which the unknown start-up operates. The result? Credibility, understanding and brand recognition by association. Or at least that’s the hope.

So when Open Energi, pioneers in demand-side smart energy technology, wanted to tell its story to a mainstream audience, it reached for something suitably zeitgeisty: the sharing economy.

Read the full article here.

PV Tech: O&M in storage – optimisation and maintenance

Operations and maintenance is becoming an important subset of the fast-maturing solar industry but is not yet as clearly defined in the less developed storage business. Andy Colthorpe reports on how efforts to get the most out of battery systems are focused on optimising assets to provide maximum value across a range of markets.

Read the full article here.