making the case for behind-the-meter energy storage … - making the case for... · making the case...

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Making the Case for Behind-the-Meter Energy

Storage

Liam Breathnach

CTO

Solo Energy

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About Us

The Problem

The Solution?

The Energy Storage Market

Business Model

Behind the Meter

Agenda

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About Us

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Solo Energy

• Founded in Cork in 2015

• UK office in Edinburgh

• Company Motivations

• Vision of a 100% renewable energy future

• Complete decarbonisation of the energy system

• Company Inspirations

• Proliferation of renewable technologies

• Advancement of smart grid innovations and

renewable energy ‘enablers’

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The Problem

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0

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1980 1990 2000 2010 2020 2030 2040 2050

% o

f G

en

era

tio

n)

Electricity Generation by Source

Nuclear / Interconnector

Oil

Gas

Peat

Coal

Renewables

The Problem

Today: Approximately 25% renewables

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0

100

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2000

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04/10/2016 02:24 04/10/2016 07:12 04/10/2016 12:00 04/10/2016 16:48 04/10/2016 21:36 05/10/2016 02:24 05/10/2016 07:12 05/10/2016 12:00 05/10/2016 16:48 05/10/2016 21:36

Mark

et

Pri

ce (

€)

Mark

et

Dem

an

d (

MW

)

MARKET DEMAND PRICE €/MWh

OpportunityThe Problem

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Generation

Profile

homes in the UK with Solar PV

Solar PV

850,000

The Problem

System Demand

Profile

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As renewables increase there is a need for increasing flexibility

ESBI PSS – Delivering Expertise at Home and Abroad

The Problem

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The Solution?

11The Solution?

• Many different offerings

• Energy storage:

• Grid scale

• Co-located with renewables

• Behind-the-meter

• Commercial & Industrial

• Residential

Leighton Buzzard 6 MW/10 MWh, UK

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The Energy Storage Market

13The Energy Storage Market

Market disruption – falling cost of batteries

14The Energy Storage Market

• Deployment in the UK & Irl is relatively low

• 24 operational sites (excluding residential)

• Ranging from 0.005 to 10 MW in power output

• Six of these have been built by Northern Powergrid

• CLNR project

• Majority based on the Li-ion technology

• Majority commissioned during the last two years

* 2016 figures, Ref: Eunomia, Investing in Electricity Storage, Jan 2016

15The Energy Storage Market – Use Cases

DSO Services Behind the MeterCo-Location with

Renewables

Arbitrage Use of System Charges Reduction

Reinforcement Avoidance Ancillary Services

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• Kilroot Power Station

• Planned 100 MW energy storage array

• Operational 10 MW Li-ion battery

• Primary, secondary and tertiary operating reserve contract for 2017

Grid Scale

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• Economics remain challenging

• Arbitrage and ancillary services mix

• Short term contracts for ancillary services (UK)

• Change of connection agreement (hybrid site)

• Capacity vs MEC restrictions (max (120% of MEC)

• Access to FiT tariff?

Co-Located With Renewables

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• Peak shifting, use of system charge reduction, self consumption of onsite renewables

• Strong corporate responsibility drivers

• Spend-to-save mentality

Commercial & Industrial – Behind-the-Meter

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• Residential lithium-ion battery can store enough energy to power a home for a full day

• 50,000 residential systems sold in Germany in the last four years

Residential – Behind-the-Meter

20Tesla Powerwall 2.0 Launch

Tesla Powerwall 2.0 Specification

Technology Tesla lithium ion battery

Storage 13.5 kWh for daily cycle

Power 5 kW (7 kW peak)

Warranty 10 years

Efficiency 90% round trip

Installation Outdoor rated. Floor or wall mounted

Weight 120 kg

Dimensions 1150mm x 755cm x 155cm

Certification IEC compliant / G83 compliant

We are Ireland’s first and only Tesla certified installer

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Business Model

22Business Model

• 100% renewables supplier

• Battery storage systems in homes and businesses

• Centrally controlled – Virtual Power Plant(s)

• Charge up at low wholesale price, high renewables

• Supply homes via battery during wholesale price peaks

• Provision of ancillary services

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CustomerWholesale Electricity

Market

Grid Network

£ £

£Grid Balancing

Business Model

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Charge / Discharge Scheduling

Weather Forecast

Electricity Price

Grid signals

Data analytics

Solo Operations Centre

Cloud

SCADA

Solo’s Solution – Cloud Controlled Battery Network

Consumers

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NightCharge from grid

Solo’s platform generates maximum value from storage assets through dynamic scheduling of operations

MorningDischarge to

customer

Mid-dayCharge from PV

AfternoonDischarge to

customer

EveningDischarge to

grid - arbitrage

00:00 06:00 12:00 18:00 00:00

Business Model

Charge – Discharge Schedule

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Founded

• Solo Founded

• Seed

investment

Development

• Develop model

• Industry partners

Pilot & revenue

• Pilot projects UK &

Ireland

• Soft Launch

Full Launch

• Launch disruptive

supplier business

Scale

• Grow business

organically / partner

with utility

2017

2018

2019

2016

2015

Business Model - Timeline

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• Pilot Project: Grainbank – Kirkwall, Orkney.

• Phase 1: 4 x Tesla Powerwall 1.0 units installed

• Phase 2: 26 x Tesla Powerwall 2.0 units in 2017

• Development platform for Solo’s cloud control software platform

Pilot Project – Kirkwall, Orkney, Scotland

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Supply electricity

Avoid peak charges

Install PV + storage

Deliver grid services

Electricity SuppliersServices

Electricity price arbitrage

Backup power

Energy Storage DevelopersVirtual Power Plant

• Solo’s competitive advantage - vertically integrated energy supplier / storage operator

• Unique business model allows for control of supply & demand

Business Model - Competitors

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Disruptive new 100% renewable energy supplier

Energy storage network operated as Virtual Power Plant

Mass market potential – 60 million customer base in UK and Ireland

Multi-billion Euro industry with international scalability

Strong team backed by major industry player

Business Model

30HQPHOENIX HOUSE, MONAHAN ROAD, CORK

Get in touch

info@solo-energy.com

www.solo-energy.com