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The Essential Role of Flexibility in our Energy Future
1. The essential role of flexibility
in our energy future
Ørsted at EMEX
22 November 2017
Jeff Whittingham
2. - About Ørsted
- The need for flexibility
- Benefits of flexibility supporting the energy transformation
- Identifying flexibility
- What’s the value in flexibility (case studies)
- Product details
- Value stacking
- Taking action
- Q&A
Agenda
6. Highest sea levels
ever recorded
Highest concentration
of greenhouse gases
in the atmosphere ever Warmest year
ever recorded
7. Sustainable generation
is replacing damaging
coal plants
The industry must innovate
to maintain a balanced system
Generation is
more intermittent,
making output less
predictable
AffordabilitySecurity of supplySustainability
£
Flexibility – an essential part of our energy future
8. Commodity contract
integration
Avoid peak period system costs
and lower overall expenditure
Generate new revenue by getting the
most from generation assets
£
Save time forecasting,
planning and acting
Identify energy cost
saving opportunities
Identify new
revenue streams
£
The benefits of supporting the energy transformation through flexibility
10. This is an entirely risk-free way to earn new
revenue. There’s no obligation to participate,
it’s really easy to use and Ørsted’s customer
support is good.
“
Average additional
revenue per hour£273
4% Increase in export
revenue
Energy Manager, P3P
Create new revenue and
help balance the grid
Simply reduce consumption or
increase onsite generation
Penalty and commitment free
Available 24/7/365
11. Plans scheduled daily
Average additional
revenue per hour
David Jeans, Energy Manager, Kodak Alaris
11%
When I heard about Site Optimisation in a
seminar, it was a real ‘light-bulb’ moment. It’s
unique – I’ve never come across anything like
it before, but it was the perfect fit for our
needs.
“
Increase export revenue
Decrease import costs
Save time planning operations
No equipment expenditure –
cloud-based
12. Stay flexible with your flexibility
OtherAncillary
Services
Market
optimisation –
savings, revenue
and tariff
avoidance
Value to you
Other
Ørsted
Flexibility
Capacity Market
Renewable Balancing Reserve
Site Optimisation
Price Pilot
Energy Vision
Value