Kari Suominen. Datahub how digitalization is shaping the retail market of electricity

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1 Kari Suominen Datahub how digitalization is shaping the retail market of electricity

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3 The energy system is changing Electric traffic Climate change Energy efficiency Actively participating consumer Demand response Micro and small-scale production We are on our way towards a green, bright and affordable future: Focusing on the customer Keeping the market alive Market parties actively participating in the balancing of the system Implementation requires e.g. different technical service platforms Datahub is one, but others are also needed 3

4 From consumer to energy citizen Electricity sales/purchase Energy efficiency Cost savings Possibility of choice Offering Devices Services Ease of use 4

5 Growing need for information Service provider A Service Service provider B Electricity sales/purchase Service provider C Information about the customer, electricity accounting point and energy consumption. Delivered by the distribution system operator and electricity sales company. DATA D A T A H U B M A S T E R D A T A 5

6 Datahub and end consumer Opportunity to benefit from added-value services developed by service providers Empowering the active energy citizen! Smoother switching of suppliers and moving processes Availability of comparison data covering the entire country, e.g. by user group or postal address. 6

7 Datahub and service providers One interface to all data significantly facilitates the provision of service to different customers, which include end consumers, DSOs, and electricity suppliers Possible services include a mobile app for monitoring and planning electricity use, controlling loads and small-scale production based on metering data, and a bidding competition service for electricity contracts 7

8 Datahub and the electricity retail market Centralised information exchange makes market processes more efficient Clarifies the roles between different parties Creates prerequisites for electricity market development and the realisation of a joint-nordic retail market Datahub offers efficient tools for monitoring compliance with market rules 8

9 Energy citizens own their data "The safety and privacy of my personal information must be guaranteed!" 9

10 Building schedule Datahub in production Datahub testing integrations, conversions Industry systems Process document Agreements? Technical document Implementation of commissioning plan FG system procurement Commissioning plan Data conversion plan Data conversion Guidelines Decrees Data standard Legislation In cooperation /2013 Preliminary report New Electricity Market Act: Fingrid responsible for information exchange development 10

11 Main success factors of the Datahub project Completion of legislative work Possible "showstopper" Datahub included in the energy and climate strategy Information integrity and correctness Changes in the industry and its preparedness to operate with Datahub Successful delivery of the Datahub IT system Datahub's acceptability 11

12 Future opportunities Datahub as an element in digital ecosystem Standard open data interface New innovative services 12

13 Fingrid Oyj Läkkisepäntie Helsinki PL 530, Helsinki Puh Fax