Developing a Viable Business Model for Neighbourhood Governance of Smart Electricity Grids and Demand Side Management

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Title
Developing a Viable Business Model for Neighbourhood Governance of Smart Electricity Grids and Demand Side Management

CoPED ID
52c44e9d-4fb2-4dad-9ff7-1bdb05b5d4bf

Status
Closed


Value
£154,055

Start Date
July 31, 2013

End Date
Oct. 31, 2013

Description

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This project is investigating the potential for community governance to increase the active management of domestic electricity demand.
It will make use of smart technologies for metering, data visualisation, and automatic switching of appliances to control electricity demand in homes.
The protocols used will be developed and managed by a community social enterprise, accountable to participating members. Energy efficient behaviour will be incentivised financially through payments from the National Grid for 'balancing services' which help balance the electricity grid at peak times.
This will be a community managed incentive, and a variety of methods for supporting collaborative energy efficient behaviour, such as transparent community monitoring, individual incentive payments from the community, and other benefits such as energy cost savings and energy efficiency will also be tested. An integrated approach will be taken to the neighbourhood scale electricity system, including miocrogeneration such as solar PV and micro wind, storage such as electric vehicle batteries, and non time sensitive appliances such as fridges and freezers, immersion heaters, fuel cells and heat pumps.

BURO HAPPOLD LIMITED LEAD_ORG
BURO HAPPOLD LIMITED PARTICIPANT_ORG

Subjects by relevance
  1. Energy efficiency
  2. Enterprises
  3. Energy consumption (energy technology)
  4. Energy saving
  5. Energy management

Extracted key phrases
  1. Smart Electricity Grids
  2. Viable Business Model
  3. Community social enterprise
  4. Collaborative energy efficient behaviour
  5. Domestic electricity demand
  6. Transparent community monitoring
  7. Community governance
  8. Neighbourhood scale electricity system
  9. Neighbourhood Governance
  10. Energy cost saving
  11. Non time sensitive appliance
  12. Electricity grid
  13. Individual incentive payment
  14. Energy efficiency
  15. Peak time

Related Pages

UKRI project entry

UK Project Locations