Australia
We bring to you the 5th edition of the #AIRSeries (Ask, Innovate and Reduce), a step to create an ecosystem of sharing and exchanging thoughts about Energy Efficiency.
We will continue hosting Twitter chats and LinkedIn Q&A series with thought leaders and we would invite them to share their experiences, analysis, and thoughts on segments in which they are the master of.
The fifth edition of the #AIRSeries had Dan Hamza-Goodacre, Director at Climate Works and Executive Director of Kigali Cooling Efficiency Program join us for the Twitter chat session on the topic ‘Clean and Efficient Cooling for All – Biggest Challenge of Our Times’. The chat was held on the 4th of October, 2018 from 4:30 PM IST / 9 PM AEST.
In case you missed it, check it out here!
Change is the only constant! Ultimately, there is still only one inhabitable planet. There is still an infinite amount of solar and wind power. Efficiency is still the cheapest form of energy supply #AIRseries @entechventures @kigali_cooling @climateworks
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
Agreed. We missed the productivity angle. How much bang can we get for or energy buck.
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
Climate philanthropy is growing. The $4bn GCAS pledge symbolizes our progress. We need to join up agendas, eg health philanthropy funds climate action in recognition of the role a stable climate plays for health & viceversa #AIRseries @entechventures @kigali_cooling @climateworks
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
1 billion+ people are at high risk of heat stress because of a lack of cooling. It’s a matter of life & death for thousands of people & getting worse. We need to meet cooling needs without toxic F-gases & by using clean power efficiently #AIRseries @entechventures @kigali_cooling
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
Efficiency reduces the costs of decarbonisation at the macro level. And at the household efficiency can cut the size and cost of a solar home system thereby scaling energy access. We need to integrate EE better with renewables
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
Spoiler alert:VERY CRITICAL! All countries agreed Kigali Amendment to phase down toxic F-gases. All come together for training & best practice sharing. Countries collaborate on common standards & cooperate on enforcement #AIRseries @entechventures @kigali_cooling @climateworks
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
Not fast enough no, especially in hard to reach places like the Pacific Islands, and rural Africa. It's tech but also business model transfer as well. Both need to spread faster
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
We need to do better to collect data on efficiency, for products in the market & on efficiency savings. Blockchain can help but with 1.5bn ACs it’s impossible to get all data. Check out the new IEA tracker. Best account yet. Data=power #AIRseries @entechventures @ClimateWorks
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
For cooling, smart ACs are on the rise. And the connected home more generally. But progress has been slow for households. Businesses are much faster at automating energy management. The cost savings are more material.
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
Good re calculating lower energy bills, less pollution, better health. Then politics kicks in. Some firms say costs high. Others innovate & offer good, affordable tech. History=standards rise & price falls. Brazil & India just passed new MEPS. Congrats! #AIRseries @entechventures
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
Have you been tracking what @EESL did to #LEDs. Do you something of that sort happening to ACs at scale? Its certainly a different ball game though!
— Umesh Bhutoria | #FEL100 (@UmeshBhutoria) October 4, 2018
Congrats to @EESL_India leading the way. AC bulk buy harder than LEDs but the opportunity is opening up
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
Go faster on efficiency, digitisation & f-gas phase down at prices consumers afford. Beyond that firms can offer products as services. An AC is a manifestation of how we get cooling. Firms can do circular economy design & avoid junk appliance graveyards #AIRseries @entechventures
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
We're working on it! Soon to launch a new initiative. We need standard contracts, more demos (iconic ones), and general awareness raising. District cooling is one example but great if we can move to pay per unit of coolth!
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
Big picture: a quantum leap in cooling efficiency! Short term: 23 MEPS, 27 national cooling plans, a huge mobilisation of finance, the Cooling as a Service club, the world’s biggest cool roofs prize, health sector work…. #AIRseries @entechventures
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
Thx. It's a big issue, and as the world gets hotter as we fail to curb pollution, then demand for cooling soars. It's a vicious circle. And so dumb. We've got to stop cooling down in a way that heats us up!
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
Hang out with the family. Walk the dog. Watch Liverpool FC (go the Reds!) Run. Plan adventures! And daydream about crazy ideas to make this planet a healthier, better place. #AIRseries @entechventures @kigali_cooling @climateworks
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
Enjoy having long hair (in fact any hair length at all!). Be quicker to learn that my wife is always right 😉 & to use a great phase 'keep calm and carry on' #AIRseries @entechventures @kigali_cooling @climateworks
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
Likewise, thank you @UmeshBhutoria #twitterchat #AIRseries @entechventures what a fun chat and hopefully inspiring to some! Keep up the great work
— Dan Hamza-Goodacre (@mrdanhg) October 4, 2018
That was an amazing session by @mrdanhg! We thank him for joining us for the 5th edition of the #AIRSeries #TwitterChat. pic.twitter.com/ICSgrVGWBI
— EnergyTech Ventures (@entechventures) October 4, 2018
Australia
We bring to you the 4th edition of the #AIRSeries (Ask, Innovate and Reduce), a step to create an ecosystem of sharing and exchanging thoughts about Energy Efficiency.
We will continue hosting Twitter chats and LinkedIn Q&A series with thought leaders and we would invite them to share their experiences, analysis, and thoughts on segments in which they are the master of.
The Fourth edition of the #AIRSeries had Matt Rennie, EY Oceania Utilities and Regulatory Leader join us for the Twitter chat session on ‘How does utility – consumer relationship of the future look like?’ The chat was held on the 20th of September, 2018 from 1:30 PM IST / 6 PM AEST.
In case you missed it, check it out here!
Between 2005 and 2012, the rapid build in networks was probably the most significant change – due to N-1 #security #standards #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
But globally, without doubt, the rise of solar due to Government subsidy programs caused the biggest upset to #energy markets, changing the manufacturing cost curve forever #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
Interesting thoughts. Ill hold on a question on Retailers and Consumers for now, i think the team has that in store for you at some stage.
— Umesh Bhutoria | #FEL100 (@UmeshBhutoria) September 20, 2018
Could you throw some more light on it? Referring to decentralising or consolidation?
— Umesh Bhutoria | #FEL100 (@UmeshBhutoria) September 20, 2018
Decentralisation of the system is the exam question of the next 20 years. Around $700m of series A and B investments have been made in this space since 2017. It is a hot space
— Matt Rennie (@MattRennie_) September 20, 2018
With the penetration of #renewables into the system, and the emergence of a #duckcurve in the system, low cost power may change the cost curve for #hydrogen production. #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
The game changer though will be the #duckcurve, and in particular the availability of low cost power to produce it. The renewable revolution, itself somewhat against the odds if we go back 20 years, will spawn a number of new #technologies
— Matt Rennie (@MattRennie_) September 20, 2018
Indeed. Change brings opportunity and room for #innovation to flourish
— Matt Rennie (@MattRennie_) September 20, 2018
Hydrogen is “made” through a process which separates water into #hydrogen and oxygen. This requires power, and the cost of this power has been the main inhibitor to its mainstream introduction #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
So it’s another example of new technologies being enabled by virtue of the changing supply mix #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
C&I customers have a completely different profile to residential, and very large electricity customers #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
Its horses for courses, and #retailers choose where they want to play in the space, and where they want to balance a higher cost model with a higher margin possibility.
— Matt Rennie (@MattRennie_) September 20, 2018
@EY_PowerUtility found C&I customers were 3 times more likely to buy additional services and products from #utilities than other #energy customers #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
They have different #churn profiles and different expectations as to #customer service and appetite for products which enable #efficiency and cost reductions #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
Regulatory hurdles though play a huge role in frustrating the markets for new products and services. While some interventions and protections make sense, at the end of the day, balance is required to protect what really matters; #innovation #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
The goal of #retailing is therefore not about being #newage, but about enabling scale and customer experience improvements through #technology #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
Amazing, that means the bigger ones are still in the game as long as the pivot! Interesting times ahead!
— Umesh Bhutoria | #FEL100 (@UmeshBhutoria) September 20, 2018
In the future, #energy #retailing will not be about #margin. It will be about #scale, #digital platforms and #partnerships. Conventional generators that do not pivot towards this will disappear #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
Just to build on some additional perspective and not very different to the need of hour as mentioned by Matt (For bigger retailers) https://t.co/9ccQKauT3k #AIRSeries #Utilities
— Umesh Bhutoria | #FEL100 (@UmeshBhutoria) September 20, 2018
C&I #energy customers are therefore able to play an active and important role in the feedback loop for #utilities to refine and better deliver #products and #services #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
For C&I customers, electricity is an input to a broader picture of efficiency and profit. Retailers that work hard to enable this will win. In that way, customer engagement is a means to an end @entechventures #AIRSeries
— Matt Rennie (@MattRennie_) September 20, 2018
As the #power #system becomes more decentralised, new digital software products which provide information and enable reductions in customer load will move to the fore #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
C&I customers are extremely reactive to new products and services that help them increase efficiency and improve core services #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
Lower churn rates and stable demand profiles provide a degree of payback and insurance when developing and rolling out #products #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
The reality of #renewables is that increased penetration brings new and interesting challenges around how best to deal with the #duckcurve. #Batteries, #hydrogen, #VPPs all need space to enter the #market #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
Balanced take. Glad to see someone taking a balanced view, have always believed with a lot of focus on just "batteries" an holistic approach never gets discussed or talked about. There is no single solution to addressing the #duckcurve issue.
— Umesh Bhutoria | #FEL100 (@UmeshBhutoria) September 20, 2018
The principal point during the @SkyBusiness interview was that #innovation works best when it is untethered, and able to respond to #marketforces. Government intervention dulls these signals. #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
Markets differ in the amount of Government and regulatory #intervention but overall, we need to aim for less #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
The #Power #Generation market of the future will be 40-50% renewables, augmented by hydro, storage and cost effective coal baseload until the end of useful lives. #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
Indeed 😉
— Matt Rennie (@MattRennie_) September 20, 2018
The #distribution #sector of the future will be #DSO driven, peakless through new technologies and moving electrons as a service while using robotics and #AI to increase #efficiency #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
The #retail sector of the future will be 7 million customer plus, digitally enabled platform driven companies, creating seamless operational #partnerships with #customers #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
Most #innovative #utility? Network companies which are embracing #enabling #technologies, and #retailers which are building new digital platforms to exploit and create #scale benefits. #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
Who wins, who survives and who arbitrages this new model is the exam question for 2020-2030 #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
2025 is not too far away. The end of margin retailing for retailers and the commencement of digital platforms, the slow emergence of peak shaping in distribution and the cross over for renewables and coal
— Matt Rennie (@MattRennie_) September 20, 2018
I am a purple belt in #BJJ and so I wrestle 5-6 times a week. The perfect downtime for me is thinking about entries to #leglocks for #BJJ and my job allows me to roll in open mats with the BJJ community all over the world. Paradise. #AIRseries @entechventures
— Matt Rennie (@MattRennie_) September 20, 2018
Three pieces of advice? Take more time off, invest in friendships and go easy on the carbs. And drink better wine 🍷 #AIRseries @entechventures #sorrythats4
— Matt Rennie (@MattRennie_) September 20, 2018
I liked the 4th one!! pic.twitter.com/ZqEtdIIqIn
— Umesh Bhutoria | #FEL100 (@UmeshBhutoria) September 20, 2018
Indeed. Its been an amazing interaction. Some brilliant points and amazing takeways. There is a lot to learn from all the years of work @MattRennie_ has put in the sector. Hope this interaction inspires the next gen to carry on and innovate for the next set of challenges!
— Umesh Bhutoria | #FEL100 (@UmeshBhutoria) September 20, 2018
Australia
We bring to you the 3rd edition of the #AIRSeries (Ask, Innovate and Reduce), a step to create an ecosystem of sharing and exchanging thoughts about Energy Efficiency.
We will continue hosting Twitter chats and LinkedIn Q&A series with thought leaders and we would invite them to share their experiences, analysis, and thoughts on segments in which they are the master of.
The third edition of the #AIRSeries had Benoit Lebot, Executive Director at International Partnership for Energy Efficiency Cooperation with 20 years’ experience in #EnergyEfficiency join us for the Twitter chat session on Making #EnergyEfficiency great again. The chat was held on the 6th of September, 2018 from 6:30 PM IST / 3 PM CEST.
In case you missed it, check it out here!
We are treating #energyefficiency like we treat #climatechange: the concept is on the agenda, but there is a huge disconnect between what we know and our actions. For #EE, we know that the potential remains untapped in all sectors, and economies. #AIRSeries @entechventures
— Benoit Lebot (@B_Lebot) September 6, 2018
#EE suffers from its own nature: spread over a wide number of stakeholders, techniques and practices. The narrow scope of influence, few investments and even the invisibility of #energysavings can significantly slow down #EE #AIRSeries @entechventures …
— Benoit Lebot (@B_Lebot) September 6, 2018
For this, I strongly feel that we aren't supporting #EE the way we should: #EnergyEfficiency needs very specific data, human, institutional, technical and legal capacities before we can see results. Hence the need to accept to support capacity building in the long term.#AIRSeries
— Benoit Lebot (@B_Lebot) September 6, 2018
The current pace of #investments & deployment of #EE is worrying because it's insufficient to help the need for global decarbonization. The @IEA highlights how #EE represent the largest portion of #energy related #GHG reductions & #EE brings more than #CO2 reduction #AIRSeries.
— Benoit Lebot (@B_Lebot) September 6, 2018
The sooner we throw our support on #EnergyEfficiency, the faster we’ll transition to a #cleanerworld. We need to start supporting #EE for its known potential, in order to start reversing the GHG emissions' trend. @UNFCCC #AIRSeries @entechventures
— Benoit Lebot (@B_Lebot) September 6, 2018
#EE has many reasons to be shadowed by other low carbon options but its compimentary nature makes it indispensable. I believe #EE is a must for #decarbonization of the #energysystem. EE can allow #clean & #renewableenergy to deploy faster & further. #AIRSeries @nWassociation
— Benoit Lebot (@B_Lebot) September 6, 2018
Other point being it can lower the cost of putting up additional infrastructure, #EnergyEfficiency when done right can certainly help faster deployment of #Clean and #RenewableEnergy. @EESL_India is perhaps doing a great job demonstrating that at large scale in India!
— Umesh Bhutoria | #FEL100 (@UmeshBhutoria) September 6, 2018
#IPEEC/#G20/@CEMSecretariat Energy Management Working Group @EMWG50001 aims to reduce global #energy use in #industry & commercial #buildings by encouraging them to pursue continuous improvements in #EE of energy management systems. #AIRSeries @UmeshBhutoria @entechventures
— Benoit Lebot (@B_Lebot) September 6, 2018
#Industries adopting the #ISO500001 are #saving #energy. But the standard is still insufficiently known. We must continue to communicate and encourage these standards to create a demand for their use. #AIRSeries @entechventures @IPEEC
— Benoit Lebot (@B_Lebot) September 6, 2018
#Digitalization can be a huge driver on #EE #investment because smart meters, smart controls, smart tools (to design our #environment & #equipment) can aid users AND #policymakers better assess their #energy and #carbon needs to help reduce them. #AIRSeries @entechventures
— Benoit Lebot (@B_Lebot) September 6, 2018
#EE needs #data, lots of it to be properly assessed and understood. Digitalization will move #EE specialist’s tool from the magnifier to the electronic microscope. #AIRSeries @entechventures @UmeshBhutoria
— Benoit Lebot (@B_Lebot) September 6, 2018
Interesting point @B_Lebot, would skip a few questions to bring this up front. You mention about the relevance of data, how can multiple agencies collaborate better over #Data, see a lot of duplicating efforts being done! pic.twitter.com/Cp0HnwGdPT
— Umesh Bhutoria | #FEL100 (@UmeshBhutoria) September 6, 2018
Despite real efforts to bring #EE into reality, there is still a long way before it becomes mainstream, especially in #EnergyPolicy decisions. We are far from suffering for a duplication of efforts. On the contrary, more is needed. #AIRSeries @UmeshBhutoria @entechventures
— Benoit Lebot (@B_Lebot) September 6, 2018
Collaboration of #EE specialists & #EE stakeholders can avoid duplication and accelerate the spread of #goodpractices. #Internationalcooperation in particular can help every country do more. I invite you to check our work at @IPEEC to find out more. #AIRSeries @entechventures
— Benoit Lebot (@B_Lebot) September 6, 2018
In the desired #energytransition, investment in #EE must be prioritized, organized and implemented systematically. This should happen through regular, standard #investment decision. In some cases, #ESCO can be one of the possible solutions to accelerate #EE. #AIRSeries
— Benoit Lebot (@B_Lebot) September 6, 2018
In terms of #technology, the digitalization of the #EnergySystems is opening huge opportunities for #EE. Digitalization can bridge the gap between technologies and human behavior. #AIRSeries @entechventures …
— Benoit Lebot (@B_Lebot) September 6, 2018
in terms of mobilization of the individual, communities and governments, #climatefinance should be channeled to support what #EE needs the most: #capacitybuilding over the long term. I believe that obilizing climate finance for EE is the game changer. #AIRSeries @entechventures
— Benoit Lebot (@B_Lebot) September 6, 2018
#EE has always been intimately linked to #innovation. #Startups are at the very heart of innovation. Deploying the policy environment that encourages startups to take part in the “#EEFirst” principles is what I would like to see. #AIRSeries @entechventures
— Benoit Lebot (@B_Lebot) September 6, 2018
Do we see #Startups playing a role in policy making or it still is going to be driven by experience to a very large extent?
— Umesh Bhutoria | #FEL100 (@UmeshBhutoria) September 6, 2018
#Startups certainly have a space in the #energyefficiency framework. They can influence way faster and further public opinion and bring #innovative ideas quickly to the mainstream discussions. #AIRSeries @UmeshBhutoria
— Benoit Lebot (@B_Lebot) September 6, 2018
Regulations as well as policy framework are indispensable to provide the conducive environment that #EnergyProductivity needs. However, we need the pioneers, the innovators, the #startups to find more solutions and overcome the barriers #EE faces today. #AIRSeries @entechventures
— Benoit Lebot (@B_Lebot) September 6, 2018
You would be glad to know that @EESL_India has opened up a few challenges for startups! Growing presence of Energy based accelerators backed by corporate is also increasing. All augurs well in that case!
— Umesh Bhutoria | #FEL100 (@UmeshBhutoria) September 6, 2018
Also would like to give a shot out for @sbcEnergyAus for backing us and @EnergyAustralia and @GroupSpotless for backing the programme!
— Umesh Bhutoria | #FEL100 (@UmeshBhutoria) September 6, 2018
I truly appreciate these questions. Here is my first piece of advice for:
Understand that #ClimateChange is a challenge, but that it offers an enormous opportunity to build a better world: #cleaner, safer, friendlier, closer to each other, #AIRSeries @entechventures— Benoit Lebot (@B_Lebot) September 6, 2018
I would tell myself to better understand the crucial role of #resources and #energyefficiency and adjust our economy sooner.
— Benoit Lebot (@B_Lebot) September 6, 2018
…and finally, to never stop exploring the beauty of our world, to never stop looking for the solutions needed to keep our planet ##clean and #efficient for all. #AIRSeries @entechventures
— Benoit Lebot (@B_Lebot) September 6, 2018
We are extremely thankful to @B_Lebot for joining us. We had a great session. #AIRSeries #EnergyEfficiency @UmeshBhutoria pic.twitter.com/uPzmzgvciR
— EnergyTech Ventures (@entechventures) September 6, 2018
It was indeed a very insightful session from Beniot, we hope you liked it!
Australia
We bring to you the 2nd edition of the #AIRSeries (Ask, Innovate and Reduce), a step to create an ecosystem of sharing and exchanging thoughts about Energy Efficiency.
We will continue hosting Twitter chats and LinkedIn Q&A series with thought leaders and we would invite them to share their experiences, analysis, and thoughts on segments in which they are the master of.
The second edition of the #AIRSeries had @GoldenMatt, CEO of Open Energy Efficiency, an entrepreneur, policy advocate and efficiency agitator join us for the Twitter chat session on topics covering ‘Utilization of Smart Metering Infra, Opening up the data for Utilities and more’ from 9 AM — 10 AM IST / 1:30 PM — 2:30 PM AEST on 24th August, 2018.
In case you missed the chat. Check it out here!
Efficiency has some of the greatest potential to address climate change, however, while some call it low hanging fruit, it’s more like a field of wild strawberries than peaches. I guess I like a challenge.
— Matt Golden (@goldenmatt) August 24, 2018
As we decarbonize the grid, the need for demand flexibility will only increase as a means to balance renewables, and reduce the need for grid infastructure.
— Matt Golden (@goldenmatt) August 24, 2018
There are no barriers. We have the data and means to measure time and location today. In fact, it's already happening. We have the means to measure the impact using AMI data and the CalTRACK methods (https://t.co/85kW7NO2v6).
— Matt Golden (@goldenmatt) August 24, 2018
We are already working with utilties in the US to deploy pay-for-performance programs based on a price signal that includes time, and are supporting non-wires alternatives that leverage time and locational EE as resource.
— Matt Golden (@goldenmatt) August 24, 2018
Regulators need to give EE access to play in the same markets as other resources. The boost is the full market value of the many benefits we are providing. Not against a regulatory cost test, but relative to the marginal costs of the alternatives.
— Matt Golden (@goldenmatt) August 24, 2018
Rebates and subsidies are a trap. Instead, we need to get paid for the value we provide not just to building owners, but to the grid and climate. I believe EE can and will compete, but if it can't… then that's the answer.
— Matt Golden (@goldenmatt) August 24, 2018
We have been delivering energy efficiency through programs and command and control, based on deemed averages, and regulations. It got us a long ways, and it was the best we could do with the technology and data of the day.
— Matt Golden (@goldenmatt) August 24, 2018
But to scale, we need to enable innovation and align risk and rewards. We need to make energy efficiency work like every other market. We need to stop calling EE a resource and make it behave like one.
— Matt Golden (@goldenmatt) August 24, 2018
We need to embrace this evolution.
— Matt Golden (@goldenmatt) August 24, 2018
There are overarching government policies that drive the clean energy transition. Carbon goals and renewable portfolio standards are creating new and expensive load shape problems — energy efficiency if done wisely is one of the lowest cost and most plentiful solutions.
— Matt Golden (@goldenmatt) August 24, 2018
If we can value efficiency and its benefits as a grid and carbon resource, then we merely need access to resource markets, and a price signal to drive behavior. The uber of EE will come from brutal competition and innovation, not from consultants or regulators.
— Matt Golden (@goldenmatt) August 24, 2018
Metered savings is really just a transparent and replicable way to generate a weather and occupancy adjusted counterfactual. Its the routine savings part of IPMVP Option C. The innovation is that the methods and open-source code mean calculations are replicable by all parties.
— Matt Golden (@goldenmatt) August 24, 2018
In larger portfolios, one can wash out most exogenous events through large numbers — and because adjustments trend towards an overprediction bias (only the bad stuff tends to get "fixed") it is often a more realistic value.
— Matt Golden (@goldenmatt) August 24, 2018
However, using open and transparent methods to get to routine savings makes sense in all cases. Here is a blog that lays this out in a bit more detail: https://t.co/MQ3d2z4cFz
— Matt Golden (@goldenmatt) August 24, 2018
Can adhering to #metered savings and leveraging data reduce M&V costs? And is the market ready for it? @goldenmatt #AIRSeries. @UmeshBhutoria #energyefficiency pic.twitter.com/bOG1bO2tAL
— EnergyTech Ventures (@entechventures) August 24, 2018
We have lived in a world of either deemed averages, that drive a race to the bottom, and custom engineering, that is simply too costly to scale, and too unpredictable to finance.
— Matt Golden (@goldenmatt) August 24, 2018
Metered efficiency is like pumping gas. You know you are getting a gallon, because we have a common definition, and regulators can certify the meter on the pump.
We certify the meter, and then anyone can run it, and get the same answer… cost plummet and barriers fall.
— Matt Golden (@goldenmatt) August 24, 2018
If a customer gets a high-efficiency AC unit as a lower price, because the utility pays for the mutual grid benefit (rather than the building owner out of their pocket), then consumers win.
— Matt Golden (@goldenmatt) August 24, 2018
If we can solve for load balancing, and T&D issues at a lower cost to ratepayers using demand flexibility, than investing in more supply, than everyone wins through lower rates.
— Matt Golden (@goldenmatt) August 24, 2018
If a customer can manage their energy consumption (or contract with a party that will do it for them) to arbitrage a retail time of use rate signal – then they win and so does the utility.
— Matt Golden (@goldenmatt) August 24, 2018
I think there is awesome work being done in many areas. Behind the meter building optimization and IoT, grid analytics, customer targeting, and of course impact valuations (close to my heart).
— Matt Golden (@goldenmatt) August 24, 2018
It's hard to say what is the most exciting. There is no single answer, and all of these new approaches need to succeed if we are to achieve scale.
— Matt Golden (@goldenmatt) August 24, 2018
I believe that the grid stops at the meter. There will be a huge range of innovations in technology, analytics, and business models to manage demand behind the meter… and only time will tell what solutions will drive demand and energy results.
— Matt Golden (@goldenmatt) August 24, 2018
It was indeed a very insightful session from Matt, we hope you liked it!
Australia
Compressed Air is one of the forms of energy that finds use in most industries, in some industries like Textiles it contributes to significant portion of the overall energy consumption.
Compressed Air Networks i.e. multiple number of compressors operating in tandem, offer potential for optimisation and improve energy productivity CFM/KW by around 5%-7% (in some cases going as high as ~12%)
Multiple factors must be looked at while considering optimising the generation and distribution of Compressed Air and the overall network.
CAN- Compressed Air Network Optimisation Algorithm
Our Algorithm works on the operational data I.e. data from each of the compressor, operating behaviour and over a period suggests optimisation possibilities resulting in better utilisation of the network, correct operation settings, resulting in energy productivity gains.
Factors/Aspects considered by the algorithm:-
Algorithm would be available on EE Hub, users could either purchase API calls or use the algorithm as DIY tool through our web based application EnView.