Wednesday 20 September 2023

A guide to electric asset optimisation

Flexibility – modifying generation and/or consumption patterns in reaction to an external signal to provide a service within the energy system - isn’t a new concept.

In the past, energy peaks during TV events, such as World Cups or Wimbledon breaks, meant coal power stations were called upon to export more electricity to the grid. Today, however, energy storage, distributed generation and Demand Side Response (DSR) can all help meet spikes in demand without the CO2 emissions of fossil fuels.

Your organisation’s electric assets include any energy-intensive operations that use electricity. Operating them flexibly not only supports energy system stability and net zero targets, but it can create significant financial savings for you, too.

Operating flexibility might sound like it requires a full-time team to watch energy prices and suddenly halt company-wide operations. But flexibility can be an automated or
remotely controlled process that allows business owners to focus on running their business, while maintaining
ultimate control.

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