Community Energy Generation, Aggregation and Demand Aggregation Shaping (CEGADS)

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Title
Community Energy Generation, Aggregation and Demand Aggregation Shaping (CEGADS)

CoPED ID
90bf7006-f95a-4d0d-9081-8f7fe4477cc4

Status
Closed


Value
£804,515

Start Date
Jan. 1, 2015

End Date
June 30, 2017

Description

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Energy Local offers a business new model to enable communities to bring local generation into half-hourly settlement and interact with suppliers. It harmess smart meters and automatic control of electric heating, hot water and appliances to allow communities to use and pool their own generation locally and benefit from time of use tariffs. It will help communities gain a greater return on investment for local generation and share the benefit, engage in energy efficiency and reduce fuel poverty. This will also be attractive to social landlords and local authorities. Demand shift will also help avoid times of when power has high carbon intensity and smooth the demand curve. It will enable smart technology to be deployed and mutual benefits to be gained by customers and suppliers from smart meters. It provides a new market model for suppliers to provide Time of Use Tariffs to domestic customers in a cost effective manner and reduce the exposure to imbalance and improve forecasting. It provides the opportunity to offer new supplier offerings, expand and bring in new players into the energy market.

Subjects by relevance
  1. Local communities
  2. Enterprises
  3. Energy efficiency
  4. Cooperation (general)

Extracted key phrases
  1. Community Energy Generation
  2. Demand Aggregation Shaping
  3. Business new model
  4. New supplier offering
  5. Energy Local
  6. New market model
  7. Local generation
  8. New player
  9. Smart meter
  10. Local authority
  11. Mutual benefit
  12. Smart technology
  13. CEGADS
  14. Use tariff
  15. Energy market

Related Pages

UKRI project entry

UK Project Locations