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London’s low carbon energy future: what do you need to know?

London’s low carbon energy future: what do you need to know?. Chair: Anne McElvoy , journalist & broadcaster Ben Wilson, Director of Strategy & Regulation and CFO, UK Power Networks Alastair Martin, Founder, Flexitricity Bob Currie, Technical Director, Smart Grid Solutions

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London’s low carbon energy future: what do you need to know?

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  1. Bartholomew Room

  2. London’s low carbon energy future: what do you need to know? • Chair: Anne McElvoy, journalist & broadcaster • Ben Wilson, Director of Strategy & Regulation and CFO, UK Power Networks • Alastair Martin, Founder, Flexitricity • Bob Currie, Technical Director, Smart Grid Solutions • Alex Bettencourt, Managing Director, SmartGrid Canada Sidney Room

  3. Base London: smart grids panel discussionBen WilsonDirector of Strategy & Regulation and CFO 21 June 2012 www.ukpowernetworks.co.uk

  4. UK Power Networks: c.30% of the UK % of Industry Total 28% End CustomersMillions 8.0 12% Service Area km² 29,165 29% Underground Network km 134,767 15% OverheadNetwork km 47,391 28% Energy DistributedTWh 89.4 N/A Peak Demand MW 16,229 35% New Connections 130,768 5

  5. To be: Our vision And achieve upper third performance by 2013/14 6 6

  6. Significant capex required in UK utility sector Key themes: high risk to gas and electricity security of supply in 5 – 10 years unprecedented levels of investment required (up to £200bn) wholesale price signals are inadequate high retail prices are increasingly unaffordable Uncertain times in the UK utility sector 4

  7. A different world by 2030 8

  8. UK Government has clear policy objectives for the transition to a low carbon economy – we are actively supporting those objectives by enabling the transition Present DNO Non-flexible demand Non-flexible DG Technical Aggregation Possible Future Flexible Demand Non-regulated DSO Dispatchable Resources Commercial Aggregation Ancillary Services Enabling Infrastructure Demand Response Network Storage DG Contracts EVs Heat White Goods Cooling Storage Our strategic response 9

  9. The benefit of optimisation (system level) Non-optimised heating / charging cycle Optimised heating / charging cycle Note: optimised operation highly dependent on storage Source: ENA / SEDG 10 10

  10. Dealing with change 11 • A cultural and organisation challenge for network utilities • Twenty years of BAU with falling costs • The macro environment is hard to predict even in the short term • Low carbon technologies • Economic climate • The unbundled UK industry structure adds complexity • For the utilities • For the customer

  11. London’s low carbon energy future: what do you need to know? Alastair Martin, Founder, Flexitricity Sidney Room

  12. London’s low carbon energy future: what do you need to know? Bob Currie, Technical Director, Smart Grid Solutions Sidney Room

  13. London’s low carbon energy future: what do you need to know? Alex Bettencourt, Managing Director, SmartGrid Canada Sidney Room

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