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Behind and Beyond the Meter Digitalization, Aggregation, Optimization, Monetization

by Fereidoon P. (President, Menlo Energy Economics, San Francisco, CA, USA) Sioshansi

Behind and Beyond the Meter Digitalization, Aggregation, Optimization, Monetization Synopsis

The historical ways in which electricity was generated in large central power plants and delivered to passive customers through a one-way transmission and distribution network - as everyone knows - is radically changing to one where consumers can generate, store and consume a significant portion of their energy needs energy locally. This, however, is only the first step, soon to be followed by the ability to share or trade with others using the distribution network. More exciting opportunities are possible with the increased digitalization of BTM assets, which in turn can be aggregated into large portfolios of flexible load and generation and optimized using artificial intelligence and machine learning.

Behind and Beyond the Meter Digitalization, Aggregation, Optimization, Monetization Press Reviews

Our electricity grid was not built to accommodate large amounts of power being generated back into it from multiple small sources - reverse electricity flows. Getting the integration of the behind-the-meter technologies right could deliver more than $1 billion in benefits to customers by 2030 in Australia alone. --Andrew Dillon, CEO, Energy Networks Australia As options to generate, store and potentially trade energy, proliferate and intermediaries emerge to aggregate and optimize the behind-the-meter loads and resources, the principle function of the distribution network and the interface among the stakeholders will be radically altered. --Paul de Wit, Sr. Adviser at Alliander, the Netherlands and Chair of Eurelectric's Working Group on Institutional Frameworks The evolving nature of electric generation, consumption, storage and the distribution system has significant implications for the grid, incumbent utilities, consumers, grid managers and the regulatory framework. These are among the central matters the Alberta Utilities Commission will examine in its ongoing distribution inquiry. --Mark Kolesar, Chair, Alberta Utilities Commission

Book Information

ISBN: 9780128199510
Publication date: 4th February 2020
Author: Fereidoon P. (President, Menlo Energy Economics, San Francisco, CA, USA) Sioshansi
Publisher: Academic Press Inc an imprint of Elsevier Science Publishing Co Inc
Format: Paperback / softback
Pagination: 460 pages
Categories: Energy industries & utilities, Environmental policy & protocols,

About Fereidoon P. (President, Menlo Energy Economics, San Francisco, CA, USA) Sioshansi

Dr. Fereidoon Sioshansi is President of Menlo Energy Economics, a consulting firm based in San Francisco with over 35 years of experience in the electric power sectore working in analysis of energy markets, specializing in the policy, regulatory, technical and environmental aspects of the electric power sector in the US and internationally. His research and professional interests are concentrated in demand and price forecasting, electricity market design, competitive pricing & bidding, integrated resource planning, energy conservation and energy efficiency, economics of global climate change, sustainability, energy security, renewable energy technologies, and comparative performance of competitive electricity markets. Dr. Sioshansi advises major utility ...

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