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Fergus.wheatley@smartpower.ie   01-44 33 455
                                086-3807914
€35,000
To turn off 1 MW for
30 minutes/day here
3 Topics for Today
How SmartPower identifies price spikes.

How SmartPower can tell you where electricity is
being used.

For CHP owners, how to squeeze extra revenue
from your unit.
Different Charges for Types of Customers
 Calculated daily and every lunchtime next 36 hours
 of prices are downloaded to controller.
Eirgrid smartpower-presentation-shortv2
CHP Breakeven points

100% heat use No heat use




                      Example: 3rd February 2012
Same hardware as is used in US Smart Grid applications.

Software rewritten for Irish (SEM) Grid rules. (We own this)

Simple to integrate with existing control or energy management
systems.
Value to you
 €26,000 additional profit for 1MW CHP plant.


 €35,000 per annum to switch off 1MW during
 the most expensive 30 minutes of every day.

 Know how & when electricity is used.
Eirgrid smartpower-presentation-shortv2

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Eirgrid smartpower-presentation-shortv2

  • 1. Fergus.wheatley@smartpower.ie 01-44 33 455 086-3807914
  • 2. €35,000 To turn off 1 MW for 30 minutes/day here
  • 3. 3 Topics for Today How SmartPower identifies price spikes. How SmartPower can tell you where electricity is being used. For CHP owners, how to squeeze extra revenue from your unit.
  • 4. Different Charges for Types of Customers Calculated daily and every lunchtime next 36 hours of prices are downloaded to controller.
  • 6. CHP Breakeven points 100% heat use No heat use Example: 3rd February 2012
  • 7. Same hardware as is used in US Smart Grid applications. Software rewritten for Irish (SEM) Grid rules. (We own this) Simple to integrate with existing control or energy management systems.
  • 8. Value to you  €26,000 additional profit for 1MW CHP plant.  €35,000 per annum to switch off 1MW during the most expensive 30 minutes of every day.  Know how & when electricity is used.

Editor's Notes

  1. SmartPower is a combination of a web-service that supplies wholesale electricity tariff information and a compatible controller that switches based on price or weather based algorithms.
  2. This allows the customer select non-critical load to be turned off automatically when power gets expensive and turn it back on again after a configurable duration or once the electricity price reduces.SmartPower used the same underlying hardware as Enernoc in the USA. However the crucial difference is that the web-service/ databases /internal software have all been designed around Irish grid rules. We wrote the software
  3. This allows the customer select non-critical load to be turned off automatically when power gets expensive and turn it back on again after a configurable duration or once the electricity price reduces.SmartPower used the same underlying hardware as Enernoc in the USA. However the crucial difference is that the web-service/ databases /internal software have all been designed around Irish grid rules. We wrote the software
  4. This screengrab from our website shows how the market price can really effect the price of electricity from ½ hour to half hour. As you can see the wholesale price of electricity changes between 5c per kWh to over 24c. It also changes from day to day. Typical within day change is of the order of 350%.  Explaining the slide a little more. The red line is a typical commercial rate. The blue area is the energy price that power stations receive. The red area is payments that power stations are paid to have reserve on standby. This is worth €600 million per year in Ireland out of a total electricity market of €3 billion. Its probably obvious that business with flexible load can make savings by adjusting when power is used.
  5. This allows the customer select non-critical load to be turned off automatically when power gets expensive and turn it back on again after a configurable duration or once the electricity price reduces.SmartPower used the same underlying hardware as Enernoc in the USA. However the crucial difference is that the web-service/ databases /internal software have all been designed around Irish grid rules. We wrote the software
  6. Modelling the savings, per 1 MW €35,000 is available for switching off for the most expensive 30 minutes every day. Signing up with a demand side unit will give rebates of approx. €30,000 for the ability to switch a customers load remotely. Moving from a fixed to a variable rate tariff can make sense for some customers. We can use historic data to quantity old data which can give a good insight to future action.