Small communities could be buying, selling and saving money on electric power right now – here’s how

Wed, 12 Oct 2022 11:37:21 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/small-communities-could-be-buying-selling-and-saving-money-on-electric-power-right-now-heres-how-190740>

"Globally, the electricity sector is shifting from large, centralised grids
powered by fossil fuels to smaller and smarter renewable local networks.

One area of strong interest is “energy arbitrage”, which allows users to buy
and store electricity when it is cheaper and sell or use it when the cost is
high.

But Aotearoa New Zealand is slow to take this up – even though it is a crucial
part of the transition to a zero-carbon future. Why is this?

Small-grid technologies and infrastructure are still in the experimental phase,
being tested for effectiveness and desirability of different set-ups, ownership
models and commercial arrangements. And intelligent energy-management systems
that can provide a prescient forecast of market dynamics are not used widely.

To better understand these dynamics, we’ve modelled a theoretical “microgrid”
in a residential subdivision, Totarabank, in the North Island of Aotearoa.

We used the model to forecast the expected commercial returns from investing in
microgrids and to unlock potential revenue streams from energy arbitrage."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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