Leading Smart Energy technology providers work together to implement new flexibility services for Distribution Network Operators
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Piclo, Origami, Nuvve and EDF Energy to develop a smart and flexible energy system delivering new flexibility services for a local energy market across Oxford & Oxfordshire.
OXFORDSHIRE—April 4, 2019— Piclo, Origami, Nuvve and EDF Energy (R&D UK Centre), today announce that they have been awarded funding in one of the most wide-ranging and holistic smart grid trials ever conducted in the UK; Project LEO (Local Energy Oxfordshire). LEO is an ambitious demonstrator on the Oxford region to test a local energy market at the scale of the County, allowing more integration of local renewable energies, supporting the distribution network infrastructure and developing innovative and flexible energy systems for heat, transport and electricity uses. Together with the local Distribution Network Operator SSEN, University of Oxford and Brookes University, Oxfordshire County Council, Oxford City Council and the Low Carbon Hub, market platforms will be used to capture value from existing markets and demonstrate the value of local flexibility services on SSE’s distribution network to allow everyone to prosper from the energy revolution in Oxfordshire.
The launch follows confirmation that the £40 million project, has received an award of £13.8m from the UK Government Industrial Strategy Challenge Fund.
Piclo, Origami and Nuvve will each be developing different market platforms that will unlock new ways for participants to trade energy and flexibility locally, unlocking new revenue streams and supporting a decarbonised grid within Oxfordshire. EDF Energy will be supporting the local energy market platforms and customers through EDF Energy’s unique suite of tools to identify the flexibility potential, optimise the value of grid services bidding and support peer to peer energy for the residents. If successful, this demonstrator will provide a blueprint for future local and low carbon market models that can be scaled up across the UK and replicated across the world.
James Johnston, CEO and Co-Founder at Piclo said:
"Piclo is excited to be playing a leading role in this ground breaking trial in Oxfordshire. Project LEO has the potential to introduce new value into the local community and create a local energy market that sees reductions in both cost and carbon. The project will be demonstrating how to connect, operate and integrate many different technologies onto the grid, including home batteries, electric vehicles and renewable generators. By bringing together the different platforms from EDF Energy, Nuvve and Origami and providing market visibility through the Piclo platform, we see great potential to showcase how a future localised energy market could work.”
Piclo, working alongside leading flex and energy systems operators Origami, EDF Energy, and Nuvve Corporation, is encouraging new flexibility and a growth in services that do not traditionally exist in the DNO world, that can be scaled nationally. Each partner will play an important role and offer a wide range of services for the project, including:
Flexibility tools, a dispatch platform and a capacity management service for energy consumers and generators will be deployed by Origami
A suite of tools from EDF Energy R&D UK Centre which will be in interaction with the residents for peer to peer and with the market platform to identify flexibility and provide techno-economic evaluation and optimization of bids for large scale storage
Vehicle-to-grid (V2G) aggregation and EV charging optimisation platform and flexibility services from Nuvve
“We are developing technology capabilities that are pivotal in enabling ground-breaking, real-world trials to inform the future of increasingly local energy systems. Such energy systems, which balance local demand with local supply, are becoming globally relevant as grid operators around the world look to unlock the value of local network flexibility. It’s not just about making the grid itself smarter, but it’s also about making much smarter use of the grid we’ve got” said Peter Bance, Chief Executive of Origami.
“Nuvve’s V2G platform manages highly distributed assets such as EVs that can deliver flexibility when responding to DNO requirements,” said Erik van Kaathoven, Chief Commercial Officer, Nuvve. “We are proud to be partnering with Piclo, Origami and EDF Energy on this project as we are one of the only flex operators that can manage small assets such as electric vehicles and behind the meter stationary storage.”
This project will determine interface requirements between a variety of market participants, data flows, forecasting, monitoring and analysis at a local DSO area and national level to help manage outages. Three different use-case scenarios and models will be developed and tested throughout the duration of the project, including a flexibility services exchange that helps system operators procure flexibility to defer network investment, manage outages, conflicts and congestion on the networks; a local capacity exchange that helps lower the cost of connecting new generation and demand to the network by sharing/trading existing capacity to defer reinforcement and to trade excess capacity across different timescales; and off-market trading, which will enable peer-to-peer trading between flex operators or within their portfolio.
Director of EDF Energy R&D Xavier Mamo has commented: “EDF Energy is delighted to be part of Project LEO to demonstrate and establish the benefits of local energy markets. By enabling local energy demand optimisation, renewable energy integration and flexibility provision from distributed resources, local energy platforms are well positioned to deliver value for local communities and grid operators, while ensuring the transition to a low carbon electric future.”
Piclo develops software to make electricity grids smart, flexible and sustainable. The London based company has been building software for the energy industry since 2013. It has secured £2.5 million of funding, including grants from DECC and BEIS and private investment from Ian Marchant, former CEO of SSE and ran a successful pilot across all six UK DNOs and 175 flexibility providers in 2018. Piclo, chaired by Volker Beckers, has been named by Bloomberg as one of the UK’s top 50 Business Innovators and won Startup of the Year in 2015 at European Utility Week.
Origami is a leading technology platform provider to the energy market. Origami’s highly secure, scalable and versatile software platform enables remote, real-time monitoring and intelligent real-time control of large numbers and types of energy assets and is architected for global deployment. Origami’s technology enables market participants to respond quickly to changes in the energy market, increase their profitability, access new revenue opportunities and improve trading positions.
About EDF Energy
EDF Energy is a leading energy supplier of gas and electricity (46TWh total supply) to 5 million residential customers as well as businesses in the UK, with more than 13, 000 employees. Specifically, about EDF Energy R&D UK Centre, we are based across 4 different locations with a growing centre with 60 full time researchers and 40 PhD students from over 15 different nationalities.
About Nuvve Corporation
Nuvve Corporation is a San Diego-based green energy technology company whose mission is to lower the cost of electric vehicle ownership while supporting the integration of renewable energy sources, including solar and wind. Our proprietary vehicle-to-grid (V2G) technology – Nuvve’s Grid Integrated Vehicle (GIVe™) platform – is refueling the next generation of electric vehicle fleets through cutting-edge, bi-directional charging solutions. Since our founding in 2010, Nuvve has been responsible for successful V2G projects on five continents and is deploying commercial services worldwide. For more information please visitwww.nuvve.com or follow us onLinkedIn andTwitter.