The worlds most energy efficient village

The worlds most energy efficient village, and the next step on their journey – A Smart Grid of course
This is a great video which shows the potential of our smaller villages and towns to act as our future power stations, with the people in control.

What is a Smart Grid?

The Smart Grid is just one part of a new Smart Energy ecosystem but it will undoubtedly be an integral one, through which, our interconnected homes and businesses will be able to play an active role within the wider energy system and market.

There are countless definitions of what a Smart Grid is but as with all definitions they are a bit dry. We thought we would point you in the direction of a couple of our favorite youtube videos which take on the challenge from two different, but equally entertaining viewpoints.

Enjoy!!

Transactive energy and the democratization of energy – two phrases we will hear a lot more of

Our energy system is changing. As we see the exponential growth of new ‘edge technologies’ it is becoming increasingly apparent that the traditional centralised power system will simply be unable to co-ordinate all these new devices. This simple fact means we are currently at the cusp of a paradigm shift in how we produce, distribute and consume energy.1

Smart Grid technology itself only offers part of the solution. The real solution lies in the technology enabling; electricity supply, delivery and demand to be managed through a market based approach – transactive energy. Transactive energy is a word we will hear a lot more of over the coming years as it is likely to be the driving force in the development of Smart Grids. There are two key reasons for this:

  • Firstly, a market based approach is essential to manage the complexity of a new Smart Grid
  • Secondly, consumers will increasingly demand it

The Smart Grid will allow the consumer to play an equal role in what has been a traditionally highly centralised market. This trend has big implications; the democratization of energy markets (this is not the last time you will hear this)

Moving to a Transactive energy market and ultimately the democratization of energy is not going to be straightforward. There will be technical challenges with interoperability and security. Perhaps a more significant challenge will be addressing how consumers deal this increased complexity.

However, whilst over the coming years we will see many articles citing these as reasons why things won’t happen. We are not so sure, as we are already seeing fascinating changes. Not just in the technological solutions, but also new social models being developed by our communities themselves. This combination of technological and social innovation will be the driving force behind this now inevitable paradigm shift in our energy futures.

If you want to know more keep following us also have a read at this article

Horizon 2020 has been launched

The first Horizon 2020 Calls for Proposals have now been launched. As expected there has been very little change from the draft proposals that we highlighted a few weeks back, so smart grid and smart energy are still key themes.

Our colleagues at EU Energy Focus are currently summarising each of the topics as the website isn’t the easiest to navigate. Once these are complete we will send out the link. We are exploring a number of areas so if you have any ideas we would as ever be interested to discuss them with you.

Latest winners of Smart Grid funding announced

LCN

The results of the latest round of funding for Ofgem’s Low Carbon Networks Fund and Network Innovation Competitions have recently been published. These schemes are the UK governments support programme for network operators to develop new smart solutions to future network challenges.

This year, ten innovative projects have been selected and will receive a total of £59.4m. There are some really interesting projects selected this year which we will watch with interest. You can find a great summary by following the link below.

https://www.ofgem.gov.uk/ofgem-publications/84840/2013innovationcompetitionbrochure.pdf