TSEP#177 Free Energy? How Renewables And Intelligent Energy Management Can Make This Dream Come True

Demand-side flexibility is essential for an energy system, with
an increasing number of decentralized and renewable energy
resources. Both the energy system and society in general rely on
consumers who adapt their energy consumption to the available
grid capacity. Digitalization and new technologies such as smart
meters and market-based solutions are turning consumers into
active players. So how could demand-side flexibility be
incentiviced and what could flexibility marketing look like in
different sectors? And which role do home batteries and the
aggregation of small producers and consumers play? Kieron
Stopforth, Senior Manager at Octopus Energy Group reveals that
and more.


 


Timeline:




02:04 Why is demand-side flexibility
essential for a flexible energy system?




08:55 Which assets have the biggest
potential for flexibility?




11:22 What about the homeowners' batteries
to store grid electricity when it is cheap so that it can be
fed back into the grid at times of high prices?




15:30 What conditions must an electricity
market fulfill for a business model like Octopus Energy Group
with flexibility to work?




20:25 What needs to be done to make better
use of existing flexibility potential and how can people be
motivated to make their flexibility available?




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podcast@thesmartere.com