eirgrid smartpower-presentation-shortv2
DESCRIPTION
Good morning ladies & gentlemen, Switching 1 MW off during the most expensive 30 mins of every day will save your organisation €35,000 My name is Fergus Wheatley, MD of SmartPower and today I’m going to talk about how SmartPower will help save your organisation money. My Background, I worked in Huntstown Power Station for 5 years as the IT & Control Systems Manager, before this I spend 3 years design & project managing control systems for high voltage substations, mostly for Scottish Power and Middle East clients. My first paper on Demand Side Management was published in 2002. This presentation will last 4 minutes and a copy of my notes will be emailed to the delegates. I am going to speak about three topics today 1. How SmartPower identifies and switch the most expensive electricity periods. 2. How SmartPower can tell you where electricity is used. 3. For CHP owners. I’ll tell you how we can squeeze extra revenue from your unit. Now I’m finished my introduction, I’ll talk about how SmartPower identifies the time of day electricity costs. Each electricity connection type has different charges associated with it. These charges change throughout the day. We calculate and aggregate these charges. Every day at about lunch time the controller downloads prices for the next 36 hours. The controller then converts the file to calculate the current price and uses this as a variable in exactly the same way that a heating controller can use a room temperature to control a boiler. The second topic of this talk is how SmartPower can identify how electricity is being used. The SmartPower controller interfaces with electricity, gas, heat and water meters and passes readings to a database in the cloud. Once there, all manner of graphs, reports and alarms can be automatically generated. Incidentally the budget cost of installing a new sub meter is of the order of €500. The third topic of this talk is for CHP owners. Most CHP plants run for 15 hours per day. If there is an economic use for heat then the breakeven point to run the unit is about 5.5 c/kWh. The SmartPower controller also uses a weather forecast input so it can determine whether a sufficient heat demand exists. Using SmartPower to identify when the price is above this level allows an additional profit of 26K per MW. Finally, in conclusion I spoke about how the electricity price changes and how the SmartPower controller can switch non-critical load during high price periods. Secondly, I spoke about how using the SmartPower controller can identify where and when electricity is being used. Thirdly, I spoke about using the SP controller to generate additional revenue from CHP plants. Thank you.TRANSCRIPT
€35,000To turn off 1 MW for 30 minutes/day here
3 Topics for TodayHow SmartPower identifies price spikes.
How SmartPower can tell you where electricity is being used.
For CHP owners, how to squeeze extra revenue from your unit.
Different Charges for Types of CustomersCalculated daily and every lunchtime next 36 hours of prices are downloaded to controller.
Example: 3rd February 2012
CHP Breakeven points
100% heat use No heat use
Same hardware as is used in US Smart Grid applications.
Software rewritten for Irish (SEM) Grid rules. (We own this)
Simple to integrate with existing control or energy management systems.
Value to you€26,000 additional profit for 1MW CHP plant.
€35,000 per annum to switch off 1MW during the most expensive 30 minutes of every day.
Know how & when electricity is used.
