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The SME Opportunity
A Balanced Future for Cornwall
Smart Cornwall Programme
Introduction
Wattstor design and build energy
management and storage solutions
here in Cornwall.
Results have been validat...
UK Electricity Prices
Source National Grid – UK Future Energy Scenarios
European Electricity Prices
Source - Eurostat
Smart Meters
Measuring
Blackouts
Our current assessment (updated in June
2013) is that the risks to electricity
security of supply will increase ...
Blackouts
Demand Management
What is the Answer?
Peak Shaving
Source - EPIA
Smart Energy Storage
Does it Work?
Results
The WATTSTOR substantially maximised the self-consumption of
solar PV generation and minimised the import of grid ...
Summary
• Energy prices will continue to rise at above
inflation rates
• Security of supply will decrease over the next
fe...
robsuch@wattstor.com
www.wattstor.com
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Mitigation strategies for energy price hikes to small businesses

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Small businesses face above inflation prices rises for the next few years. Here are some solutions to mitigate energy price rises.

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Mitigation strategies for energy price hikes to small businesses

  1. 1. The SME Opportunity A Balanced Future for Cornwall Smart Cornwall Programme
  2. 2. Introduction Wattstor design and build energy management and storage solutions here in Cornwall. Results have been validated by Exeter University. Winner – Best Product, Cornwall Sustainability Awards 2013
  3. 3. UK Electricity Prices Source National Grid – UK Future Energy Scenarios
  4. 4. European Electricity Prices Source - Eurostat
  5. 5. Smart Meters
  6. 6. Measuring
  7. 7. Blackouts Our current assessment (updated in June 2013) is that the risks to electricity security of supply will increase in the next five winters. In particular, we expect that electricity de-rated capacity margins will decrease significantly from the current historically high levels. Source ofgem
  8. 8. Blackouts
  9. 9. Demand Management
  10. 10. What is the Answer?
  11. 11. Peak Shaving Source - EPIA
  12. 12. Smart Energy Storage
  13. 13. Does it Work?
  14. 14. Results The WATTSTOR substantially maximised the self-consumption of solar PV generation and minimised the import of grid electricity at the test site during the monitoring period 1st – 31st July 2013. The daily electricity import from the utility company averaged 3.5 kWh (costing 53p at a 15p tariff rate) during July 2013 and on two very sunny days was less than 1 kWh (15p). The electricity import (using utility company data) in July 2012 was 534 kWh with solar PV only. In July 2013 with a WATTSTOR fitted this was 107.9 kWh. This represents an 80% reduction in utility company import to the home during summer periods of high solar generation.
  15. 15. Summary • Energy prices will continue to rise at above inflation rates • Security of supply will decrease over the next few years • Consider local (renewable) generation • Actively manage your energy usage • This is an opportunity as well as a threat • Smart Cornwall Programme can help
  16. 16. robsuch@wattstor.com www.wattstor.com

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