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How the Internet of Things could change the energy market

No longer are laptops and phones the only devices connected to the internet. Smart appliances are taking over the home with smart dishwashers, TVs, fridges and more entering the market.

These appliances can be programmed to run when energy is at its cheapest or when a consumer is generating surplus energy and doesn’t need to buy any from the grid. This function, alongside the advent of the smart grid, rooftop solar and energy storage, is enabling customers to take control of their energy consumption, generating their own and trading it with each other to balance supply and demand across their communities – making a profit while they’re at it.

Read the full article in Clean Energy News

Tonik Energy partners Powervault for ‘storage tariff’ trial

Independent utility Tonik Energy is to partner with battery storage manufacturer Powervault to trial a new ‘storage tariff’ in the UK market.

The collaboration will place domestic Powervault batteries in the homes of Tonik Energy customers with smart meters and place them on a tariff that incentivises them to charge during off-peak times and draw down from the battery when electricity is at its most expensive.

Tonik Energy said its aim was to halve customer bills by 2022 and that the trial with Powervault marked an “important step” towards it.

Source: Clean Energy News

Read the full article

METER – insights into the timing and flexibility of electricity usage

METER is a national research project to understand what we use electricity for. And anyone can take part.

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This study asks thousands of UK households to submit a one day record of their activities. During this day their electricity use is also measured minute by minute.

The combination of activity and electricity data can gives valuable insights into the timing and flexibility of electricity. METER data is intended to help with the development of new approaches to reduce demand at critical times, while avoiding inconvenience for users. METER will test different forms of incentives and interventions to establish an evidence base for load shifting against a statistically robust baseline.

This becomes especially important when trying to make better use of variable renewable sources of electricity. By identifying a load shifting potential of only 1kW (half the power of a washing machine) in 1% of UK households, the national cost saving could easily exceed a quarter of a billion pounds.

The scale of the project is made possible by the innovative use of smart phones.

Here is an example of my (Peter Bates) household’s energy usage on 21/22 September 2016. (Note we do have Solar PV and did not use the washing machine that day). You can clearly see the peak usage during the cooking of the evening meal.

meter-energy-usage-pjb

More information on the METER Project and take part in the research.

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Get the latest METER Project newsletter Autumn 2016

Better mortgages could be offered to energy efficient homebuyers

Homebuyers across the EU could be offered better borrowing rates on mortgages in return for purchasing more energy efficient homes or committing to implement energy saving work within properties as part of a “ground-breaking” new project.

The European Energy Efficiency Mortgage initiative is aiming to create a standardised “energy efficient mortgage” based on preferential interest rates for energy efficient homes or additional funds for retrofitting homes at the time of purchase.

The scheme has been cited as the first ever collaboration between groups of major banks, mortgage lenders, businesses and organisations from the building and energy industries for the purpose of addressing the concept of energy efficient mortgages, with the project having been launched by a consortium led by the European Mortgage Federation (EMF) and the European Covered Bond Council (ECBC).

The World Green Building Council (WorldGBC) claims that creating a private bank financing mechanism to encourage improvements in the energy efficiency of households is a key means of helping the EU to meet its energy saving target of 20 per cent by 2020 and to deliver on the ambition of the Paris Agreement reached at COP21 last December.

Read the full article in Energyzine

Comment: This seems a great idea, which could be adopted in the UK. Perhaps it could be incorporated into the Bonfield Review or be one of the announcements by the new Department for
Business, Energy & Industrial Strategy – when it finally decides what it will do to improve home energy efficiency in the home – thus revitalising a new version of the Green Deal initiative.

This is a great “carrot” for those selling and buying at house. And finally, will make the EPC (Energy Performance Certificate) rating worth something that can be promoted by Estate Agencies,