Smart metering is being positioned as providing more efficient meter reading and some opportunities for demand shaping. However, the technology has a lot more potential by enabling us to develop energy markets within the home and convert the energy industry from demand- to supply-driven.
5. Demand shaping via AMR Smart appliances let us shape demand Smart appliances let us shape demand Smart appliances let us shape demand PowerCorp balances supply and demand In home panels providing (near) real time visibility into usage Two-way AMR lets us read the meter, and send control signals Smart appliances let us shape demand
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7. Electricity distribution tomorrow Multiple manufactures A network, rather than a supply chain Consumers exporting excess Micro Generation Micro Generation Multiple manufactures A more diverse range of technologies No common owner !
8. Moving to supply driven Match supply & demand Price signal Energy Market
9. Moving to supply driven Match supply & demand Price signal Energy Market
10. Moving to supply driven Match supply & demand Price signal Smart meters let us leverage a real time supply signal in the home Control signals let us turn of unwanted devices We make a local decision to optimise our own environment We can factor micro generation into the decision Energy Market
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12. An private internal market Price signal Energy Market Internal Energy Market
13. An private internal market Price signal Devolve decisions to optimise power usage to the appliances (agents) Create a market to support price location Explicit support for export/import P2P auto-configuration Energy Market Internal Energy Market
14. An private internal market Price signal Devolve decisions to optimise power usage to the appliances (agents) Create a market to support price location Explicit support for export/import P2P auto-configuration Multi-agent market-based resource balancing Energy Market Internal Energy Market