How new technology can match business energy demand to renewable generation
A groundswell of business interest in renewable energy supply is growing, particularly on-site solar photovoltaics (PV).
What is still missing is a strong understanding of how on-site renewables can best complement the site's energy demand. New energy technologies, such as cheaper battery storage and more sophisticated energy monitoring and control systems, now provide an opportunity to optimise energy supply and demand i.e. through systems integrating Renewable Energy And Load Management (REALM). Optimising renewable energy supply and flexible energy loads through REALM systems can both reduce business costs and provide additional revenue streams e.g. through network support services or peer to peer trading. There is also potential to promote uptake of optimised REALM systems through designing more efficient network tariffs that are structured to deliver the maximum benefits to the customer and the operation of the network.
This talk is part of a series of expert talks run in partnership with EnergyLab and Freshwater Group. These events will be held at EnergyLab on the third Tuesday night of the month. Doors will open at 5:30pm and the talk will run between 6pm and 7pm. Drinks and snacks will be provided.