Recording of Thursday, June 20, 2024 | The smarter E Europe | Exhibition Program | Language: English | Duration: 9:57 .
The conversation revolves around a discussion panel, where the audience is invited to ask technical questions. A speaker from Austria inquires about CO2 savings related to energy shifts, clarifying that 504 kilograms of CO2 are saved per megawatt hour shifted using gas-fired peak power plants. Another audience member asks Alexander about marketing pool capacity and control energy markets. Alexander explains their focus on balancing services like FCR, AFRR, and MFRR across various European countries including Austria, Bulgaria, North Macedonia, Croatia, Germany with plans for expansion. Manish Khandra has multiple queries for Deftpower regarding their app's integration with electricity markets. The response highlights that the app shows spot prices through an API but does not handle full market integration independently; they collaborate with local integrators instead. Further discussion includes CyberGrid’s methods for incentivizing EV user behavior changes by offering discounts or different tariffs based on flexibility management rewards. Lastly, there is a dialogue concerning standard products traded in long-term flexibility markets defined by specific attributes such as ramping duration and increment size following UK system operators’ standards (ENA). The session concludes with appreciation for the speakers' insights.
Automated summarization by AI Conver
A decentralised, flexible energy system puts energy consumers at the fore-front of the clean energy transition. Through demand-side flexibility, consumers are able to adjust their consumption, store energy, and inject energy into the grid during peak moments, contributing to a more efficient and sustainable decarbonisation pathway. smartEn has calculated that, with help from flexible consumers, in 2030 the EU energy system could avoid 15.5 TWh in renewable energy curtailment, a 61% improvement compared to if no action is taken, and avoid investments in 60 GW of peak generation capacity, equivalent to 137 gas peaking plants, resulting in €2.7 billion saved annually. This session aims to deep-dive into how decentralised assets such as PV, Stationary and Mobile storage, amongst others, are key to reducing costs for consumers, increasing the uptake of renewables and solving grid congestion issues.
Further Talks of this session: