Smarter Grid Solutions Case History

Transcription

1 Smarter Grid Solutions Case History Graham Ault Investor Ready Workshop session All Energy 22 nd May 2013

2 Overview Company development Active Network Management Market Technologies and Products Aspects of Investment Readiness Business Plan Key Points 2

3 Smarter Grid Solutions: Company Development 2008 Company formation /spin-out from University of Strathclyde 2009 UK s first fully operational Smart Grid Orkney RPZ with Scottish & Southern Energy (SSE) 2009 Best New Business and Best Renewable Innovation at Scottish Green Energy Awards m contract for UK s highest profile Smart Grid pilot project Low Carbon London First project in mainland Europe Named a Bloomberg New Energy Pioneer Second major project with SSE (Northern Isles New Energy Solutions - NINES) First deployment project with ScottishPower and first sale of voltage management application Second major project with UK Power Networks (Flexible Plug and Play). 3

4 Smarter Grid Solutions: Company Development 2012 First project with Western Power Distribution (Carbon Tracing) Secure 3m investment to underpin further expansion from Scottish Equity Partners, Scottish Investment Bank and University of Strathclyde Win contract with ScottishPower in the Accelerating Renewable Connections (ARC) LCNF project RIIO-ED1 Business Plan activities with UK DNOs 2013 New headquarter office at Corunna House in Glasgow to facilitate staff growth to Development of US operation through office in New York and advanced prospects with clients in US and Canada. 4

5 Market: Active Network Management (ANM) Storage Real-time Network State Maximising usable grid capacity by managing constraints in real time 0-15 MVA 3-12 MVA FG v, i 12 MVA 12 MVA Rest of network. 0 -? MVA NFG v, i v, i ANM Controller SCADA/EMS/DMS Substation or Control Room 5

6 Market: Regulation is a key factor in ANM Market DPCR 4 ( ) Innovation Funding Incentive (IFI) up to 0.5% of revenues Registered Power Zones (RPZ) DPCR 5 ( ) Innovation Funding Incentive (IFI) up to 0.5% of revenues 500m Low Carbon Network Fund (LCNF) Deploy reference sites RIIO-ED1 Innovation, Incentives and Outputs Best practice efficiency and connections service more strongly incentivised EU and US have different regulatory frameworks 6

7 Technologies and Products Distributed Architecture Control & communication platform Grid management applications Interface to existing grid control systems Interfaces/integration for other smart grid applications 7

8 Technology and Product Plan The ANM Platform can be used to deploy a range of applications and functionality to overcome a range of challenges facing electricity grids Technical Roadmap is focussed on further enhancement and development of: Platforms Applications User Interfaces Tools Testing 8 8

9 Aspects of Investment Readiness First funding round ( 0.5m) Commitment from founders and stakeholders Rights to technology/ip Sharing of risk and rewards Agreement documents Early project/revenue visibility Second funding round ( 3m) Markets Vision and strategies Specific investment requirements (staff, technology/product, international) Personnel 9

10 Business Plan Market UK Some smart grid solutions to become BaU under RIIO-ED1 EU Mix of technical and regulatory approaches Looking to UK for proven technology and trials North America Adaptation of existing solutions Vibrant smart grid market Response Solutions Move to distributed and enterprise platforms Continue development of software applications Capability Build team for emerging BaU market Technical capability to deliver at scale Partners Technology, project and business partners 10

11 Key points Knowing the market and niches really well Compelling technologies and products (and services) Business Model Development Business Plan Documents Time 11

12 Thank you for listening Graham Ault