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Influencing and controlling the timing of demand will be a core competence of companies in the electricity value chain.
The electricity value chain is increasingly focusing on the timing of demand. Less and less about the quantity of electricity generated and sold. More about kWs and kWhs at particular times.
Delta-ee may have been early to the conversation. We started talking 10-15 years ago about decentralised energy, customers not meter points; who has needs, wants and preferences, services beyond commodity. These dynamics have now firmly moved from being on the periphery of the debate to front and centre. Most companies now recognise the direction in which the market is heading, and it seems like we are approaching the cusp of change.
Developing the right strategy and tactics is however challenging – exciting, but challenging.
Demand Side Response (DSR) markets are at varying stages of development across Europe. Typically, market access and value streams are characterised by uncertainties inherent to policies and market volatility. The aggregation business has been around for more than 10 years, and everybody has asked the same question: Are aggregators profitable businesses today? Aggregators will definitely be needed at scale – but can they survive financially until it happens?
Flexibility markets across Europe continue to develop rapidly, as evidenced by some of the recent developments profiled in the latest Markets Insights report published by our Flexibility Research Service.
One of these developments is the recent launch by OVO Energy (one of the larger UK suppliers outside the traditional ‘big 6’) of three new 'OVO' branded products: a home battery, an EV smart charger and what OVO claims is the world's first residential V2G consumer unit. We think this is a credible claim – there's no other wall hung units like this on the market that we know about. Yet…
Last week several of the Delta-ee team attended E-World in Essen, the annual German energy industry Congress & trade fair, and we would like to share some of our takeaways from the event.
Demand-side response and flexibility are becoming increasingly important – this is evident in the UK following BEIS’ announcement of its new plan to upgrade the UK’s energy system and give homes and businesses more control over their energy use. The opportunities for innovation and investment in the energy sector, therefore, are vast.
Smart electrically-driven heating is a potentially valuable field in which to invest, but to what extent will customers and the energy system benefit, and how can these benefits be unlocked?
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