london’s low carbon energy future: what do you need to know?
DESCRIPTION
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 - PowerPoint PPT PresentationTRANSCRIPT
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
2012. UK Power Networks. All rights reserved
Base London: smart grids panel discussion
Ben WilsonDirector of Strategy & Regulation and CFO
21 June 2012
www.ukpowernetworks.co.uk
2012. UK Power Networks. All rights reserved
UK Power Networks: c.30% of the UK
5
End CustomersMillions
Service Area km²
Underground Network km
OverheadNetwork km
Energy DistributedTWh
Peak DemandMW
New Connections
8.0
29,165
134,767
47,391
89.4
16,229
130,768
28%
12%
29%
15%
28%
N/A
35%
Total% of
Industry
2012. UK Power Networks. All rights reserved 6
To be:
6
Our vision
And achieve upper third performance by 2013/14
2012. UK Power Networks. All rights reserved
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
200.0
14.5
110.0
14.05.0
45.0
60.0
10.4
0
50
100
150
200
'Top down' Ofgem estimate
'Bottom up' total of visible capex
EMR estimate of electricity investment
requirements
(£bn)
Networks – Ofgem price controls Networks – National GridNetworks – ENSG New nuclearOffshore wind New CCGTs 12.3GW
Total: 148.9
4
Uncertain times in the UK utility sector
2012. UK Power Networks. All rights reserved 8
2030 forecast East London South East UKPN total
Solar PV installation 418k 135k 240k 793k
Onshore wind 869MW 0 257MW 1,126MW
Heat pumps(% of house with heat pump)
625k(19%)
172k(8%)
334k(16%) 1,131k
Plugged in electric vehicles 545k 227k 349k 1,122k
A different world by 2030
2012. UK Power Networks. All rights reserved 9
• UK Government has clear policy objectives for the transition to a low carbon economy – we are actively supporting those objectives by enabling the transition
DNO
Non-flexible demand
Non-flexibleDG
DSO
EV
s
Heat
Cooling
Flexible Demand
Present
Possible Future
Non-regulated
Ancillary S
ervices
Enabling
Infrastructure
Com
mercial
Aggregation
Technical Aggregation
White
Goods
Storage
Dispatchable Resources
Netw
ork S
torage
DG
Contracts
Dem
and R
esponse
Our strategic response
2012. UK Power Networks. All rights reserved 10
117 GW
0
20
40
60
80
100
120
00:0
001
:00
02:0
003
:00
04:0
005
:00
06:0
007
:00
08:0
009
:00
10:0
011
:00
12:0
013
:00
14:0
015
:00
16:0
017
:00
18:0
019
:00
20:0
021
:00
22:0
023
:00
Dem
and
(GW
)
Time
Non-optimised EV and HP operation
EV charging
HP demand
Original demand
78 GW
0
20
40
60
80
100
120
00:0
001
:00
02:0
003
:00
04:0
005
:00
06:0
007
:00
08:0
009
:00
10:0
011
:00
12:0
013
:00
14:0
015
:00
16:0
017
:00
18:0
019
:00
20:0
021
:00
22:0
023
:00
Dem
and
(GW
)
Time
Optimised EV and HP operation
EV charging
HP demand
Original demand
Source: ENA / SEDGNote: optimised operation highly dependent on storage
Non-optimised heating / charging cycle Optimised heating / charging cycle
10
The benefit of optimisation (system level)
2012. UK Power Networks. All rights reserved
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
Dealing with change
London’s low carbon energy future: what do you need to know?Alastair Martin, Founder, Flexitricity
Sidney Room
London’s low carbon energy future: what do you need to know?Bob Currie, Technical Director, Smart Grid Solutions
Sidney Room
London’s low carbon energy future: what do you need to know?Alex Bettencourt, Managing Director, SmartGrid Canada
Sidney Room