Periodic Reporting for period 1 - NegaWh EXchange (Balancing demand-response platform for an efficient, reasonably-priced and sustainable electricity market)
Periodo di rendicontazione: 2018-08-01 al 2018-11-30
Our objective is to solve the problem of electric imbalance by a process of digitization or virtualization, transforming electrical energy into a programmable asset. For each quantity of electricity required (Demand), the same quantity is produced from the best source available at that time (Response). Any error due to the over-consumption and under-consumption of the Demand with respect to the expected values is canceled by implementing a series of programming corrections, according to a priority list previously defined for the specific plant, without this significantly affecting the level of performance required by the consumption process (industry, services, residential).
Also, the management of a cogeneration plant enabled the simulation of stock market purchases on different sessions.
With these experiments tested in hospital and building office, we were able to prove the technical feasibility of the main modules (Demand Side Management, Response Side Management, and Balancing Demand Response) confirming that the system allows to obtain:
1. Energy efficiency. Intervention on the thermal inertia differentials in a measure equal to one degree have benefits in terms of efficiency of 10-15% compared to the consumption of electricity without the system.
2. Detailed consumption profiling. Thanks to the correlation with meteorological data and other event scheduling data, the use data of the individual subsystems contribute to greater precision in the definition of the schedules and of consumption forecasts.
3. Reduction of consumption. Having control over energy assets, it is possible to negotiate an improvement contract in terms of quantity and price with the trader, since the resulting benefit to the trader is a reduction in the risk of managing the energy portfolio.
4. Power budget reduction. A supply adequate to the actual consumption needs can bring an estimated benefit of 10%.
5. Reduction of unbalancing costs. The reduction and potential cancellation of consumption peaks can bring an estimated benefit of 25%.