The centre of the energy system is shifting away from its least predictable element: the consumer. As time-of-use tariffs grow, consumers will start to feel the effects of a more competitive market. Suppliers hope they will quickly adapt, making generation more predictable and pricing more responsive. New tariffs rely on an entire ecosystem of data that did not exist before digital energy meters. Use of these devices varies wildly across European countries, but the EU hopes to encourage a minimum penetration of 80% in its member states. Installations and power data keep growing towards this goal, in the hope that a new realm of big data will provide unforeseen opportunities. Suppliers and consumers must learn new ways of interacting and optimising, but practically, what will this look like?
Power Technology 4th June 2021 read more »