energy artificial intelligence for effective energy ... · imbalance price is: •volatile...
TRANSCRIPT
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www.metec-estad2019.com
Presenter: Dr. Christian Zaugg, CSO Alpiq Digital AG
Co-authors: M. Hitz, G. Dr. C. Montoya, S. Röthlisberger, A. Kaufmann, Dr. O. Sundström, Alpiq Digital AG, Switzerland;
P. Schwartz, Swiss Steel AG, Switzerland
Energy artificial intelligence for effective energy
imbalance cost reduction in the steel industry
METEC & 4th ESTAD, Düsseldorf, 25.06.2019
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• Active in 30 countries throughout Europe,
headquartered in Switzerland
• Key figures 2018: CHF 5.2 billion net turnover and
EBITDA before exceptional items of CHF 166 million
• Approximately 1,550 employees
• Generation ca. 18 TWh/a (hydro and pump storage,
renewables, nuclear, conventional thermal)
• Trading, optimisation & sales
• Digital Energy & E-mobility solutions
Alpiq in brief
2Alpiq Digital AG – Christian Zaugg
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• Wind, solar PV & storage growth
• Electric vehicles growth
• Industrial assets: consumers, producers, prosumers
• Energy value chain
An Energy Market in Transformation
3Alpiq Digital AG – Christian Zaugg
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Challenge: volatile power consumption = cost and risk!
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Financial impact & risks:
• Long-term supply: Absolute energy
cost, hedging, structured supply
• Optimization: Short-term price
fluctuations and imbalance cost
• Grid-tariffs & peaks (capacity)
• Flexibility revenues and load-shifting
Power quality & security:
• CO2 targets
• Security of supply / uninterruptable
power supply / black-start
• Power quality
• 5-10% of energy cost is
imbalance Energy
• Ca. 1 m€ per year
• Imbalance cost is very
volatile
Alpiq Digital AG – Christian Zaugg
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Excursion: Imbalance price – not influenceable
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Source: Swissgrid.com
15 min values
Source: Swissgrid.com
Imbalance cost = [scheduled volume – actual volume] * imbalance price
15 min values
Forecast day ahead
Actual consumption
Forecast a
Forecast b
Actual production
Volatile
generation
Volatile
consumption
Transmission grid
Alpiq Digital AG – Christian Zaugg
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Excursion: Imbalance price – not influenceable
Imbalance price is:
• Volatile
• Unpredictable
• Not influenceable
• Dependent on weather changes, outages,
market, season, regulation, speculation.
Imbalance cost = [scheduled volume – actual volume] * imbalance price
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Imbalance price (long)
Imbalance price (short)
Imbalance price is a risk to the bottom line
– best strategy is to avoid it!
Alpiq Digital AG – Christian Zaugg
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Excursion: Imbalance volume – influenceable
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Imbalance cost = [scheduled volume – actual volume] * imbalance price
Monthly imbalance volume ~10 GWh!
Actual
Day ahead forecast
Alpiq Digital AG – Christian Zaugg
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Simple solution – Energy AI
Day ahead nomination is only a rough estimate
– individual 15-min values are difficult to
forecast day ahead.
So how can the imbalance energy volume be
reduced? Intraday nominations!
Key ingredients:
• Automated Energy AI forecast – updated
every 15 min
• Automated market access for renomination
Imbalance cost = [scheduled volume – actual volume] * imbalance price
8Alpiq Digital AG – Christian Zaugg
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Results – up to 25% reduced imbalance energy
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• Imbalance energy reduction by up to
25%!
• Effective imbalance cost reduction
• No interference with core business:
• Fully automated process
• Opt-out anytime
• Maximum security
• Future proof: simple adaption
Monthly imbalance energy volume
Relative monthly imbalance energy avoided with Energy AI
Alpiq Digital AG – Christian Zaugg
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Putting it into context – make most of Energy, AI and Industry 4.0
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Solution provides added value today:
Reduce energy cost and risk
Automated intraday nominations
Best performance: Energy AI
Value based pricing / revenue sharing
Future potential to make the most of Energy:
Include more sensors & data
Future ready to include new markets
Upgrade for battery storage, PV or
electric vehicles
New features: industry 4.0 (e.g. automatic
alarms, anomaly detection)
Contribute to “Energiewende”
Alpiq Digital AG – Christian Zaugg
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Volatility and risks in energy
cost
Alpiq Digital
• Minimize energy / grid cost
• CO2 and sustainability
• Security of supply
• Energy AI, industry 4.0, automation
Your core-business
• Don’t waste time and money on Energy
• Protect against risks
• Focus on your operational excellence
Let’s partner up!
Alpiq Digital AG – Christian Zaugg 11
Alpiq AI-Platform
Industry competence + Energy AI = operational excellence + sustainability
Maximise flexibility, security of
supply, CO2 footprint and
battery storage
Flexibility markets, grid tariffs
& load shifting
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May 2019Alpiq Descriptor legal Entry | Company presentation May 2019
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Thank you, we are here for you!
Alpiq Digital at METEC-ESTAD 2019:
Athanassios Roumeliotis ([email protected])
Alexander Kaufmann ([email protected])
Alexander Ludwig ([email protected])
Christian Zaugg ([email protected])