Axis NIFTY Bank ETF · NSE:BNKETFAXIS
Axis NIFTY Bank ETF — IEA EUWP IESCG Meeting: Digitalization and decentralization (September 2021)
91 slides from Axis NIFTY Bank ETF's conference presentation, Sep 14, 2021
Slide 1: ETIP SNET Keynote speech
ETIP SNET Keynote speech European Technology and Innovation Platform Smart Networks for Energy Transition Digitalization and decentralization: How to unleash the full potential of this synergy? Inigo Azpiri ETIP SNET Vice-Chair 14.09.2021
Slide 2: ETIP SNET examples: Goals and Mission
ETIP SNET examples: Goals and Mission The European Technology and Innovation Platform Smart Network for Energy Transition has been created under the SET PLAN with other 9 sectorial ETIPs In the framework of Integrating and optimising all sources and vectors of the entire energy system, ETIP SNET gui
Slide 3: The Energy System towards 2050: relevance of Energy System Integration
The Energy System towards 2050: relevance of Energy System Integration for Deep Decarbonization. Members of this very wide stakeholder group see electricity distribution and transmission grids as the “backbone” of the future low-carbon energy systems with a high level of integration among all ener
Slide 4: ETIP SNET and the view of the future energy system
ETIP SNET and the view of the future energy system Last July the ETIP SNET released an interesting Position Paper on Smart Sector Integration, towards an EU System of Systems – Building blocks, enablers, architecture, regulatory barriers, economic assessment, led by WG1. The energy transition cont
Slide 5: ICT Backbone and enabling technologies
ICT Backbone and enabling technologies The EU Strategy for Energy System Integration proposed by the EC sets that: Sector integration is complementary and conditioned to more direct decarbonising ways, so it is an instrument and not a target itself; it propose an holistic view including: Digitalis
Slide 6: Two examples: Storage and DSO
Two examples: Storage and DSO ENERGY STORAGE DSO perspective • The meter market for energy storage is contributing to the • Multi-directional approach in the energy system is increasing, and the energy decentralisation of the energy system. landscape is becoming more diverse, with various new actors
Slide 7: Sector coupling philosophy
Sector coupling philosophy • Sector coupling will develop synergic interactions between two traditionally separate energy sectors. • The main goals of the interactions are: • to optimise the respective asset base, exploiting substitutional effect • to include large-scale electrification, where elect
Slide 8: Smart sector integration and digitalisation
Smart sector integration and digitalisation Evolving The flexibility Smart sector digitalisation of markets integration the energy supported by infrastructures digital platforms It is a clear enabler of It is expected to support the further deployment of smart sector coupling in grids at different
Slide 9: Digitalisation as key enabler
Digitalisation as key enabler Digitalisation is key in order to manage future energy systems smartly. With increased digitalisation and smart management of the energy system, challenges related to cybersecurity also emerge. There are existing barriers within the regulatory frameworks and market
Slide 10: Last but not least…
Last but not least… Besides monitoring, forecast and management of distributed generation need to be improved. Conseguently The optimisation and increase in efficiency, connecting the various energy carriers and the flexibility and resilience of the energy systems is also expected to increase. T
Slide 11: Conclusions
Conclusions In order to reach the best from the integration among digitalisation and decentralisation in a System of System, the ETIP SNET community believe that 3 areas could be enabled by smart sector integration: 1. connected dynamic markets, 2. the advanced data exchange infrastructures rollout,
Slide 12: Thank for your attention and… ENJOY THE WORKSHOP!
Thank for your attention and… ENJOY THE WORKSHOP!
Slide 13: Digitalising energy
Digitalising energy Pauline Henriot, Energy Policy Analyst Page 1
Slide 14: Global CO2 emissions are on the rebound
Global CO2 emissions are on the rebound Evolution of global GDP, total primary energy demand, and energy-related CO2 emissions, relative to 2019 Global energy demand is set to increase by 4.6% in 2021, surpassing pre-Covid-19 levels. IEA 2021. All rights reserved. Page 2
Slide 15: Clean energy investment is growing slowly
Clean energy investment is growing slowly Global investment in clean energy and energy efficiency 2017-2021 Total clean energy investment is set to rise in 2021 by around 7% IEA 2021. All rights reserved. Page 3
Slide 16: The demand-side is at the centre of clean energy transitions
The demand-side is at the centre of clean energy transitions Electricity system flexibility by source in the NZE Net Zero by 2050 - https://www.iea.org/reports/net-zero-by-2050 IEA 2021. All rights reserved. Page 4
Slide 17: Population, GDP, electricity use
2000 2019 6.1 billion Population 7.7 billion 68 trillion GDP 130 trillion 14 PWh Electricity use 23 PWh 0.4 billion Internet users 4.1 billion 0.9 EB Internet traffic 2000 EB 2000 Sources: UN (2019), World Population Prospects 2019; World Bank (2020), Data Bank: GDP, PPP (Constant 2017 International
Slide 18: The digital transformation of the energy system
The digital transformation of the energy system Pre-digital energy systems are defined by unidirectional flows and distinct roles, digital technologies enable a multi- directional and highly integrated energy system IEA 2021. All rights reserved. Page 6
Slide 19: A deep transformation of energy systems, with electricity at the centre
A deep transformation of energy systems, with electricity at the centre More flexibility is needed, Policies to empower Electricity systems with active digitalisation are transforming participation of consumers are essential to reap benefits • Digitalisation can help leverage opportunities: - Create
Slide 20: Overview of Digital Demand-Driven Electricity Networks Initiative (3DEN)
Overview of Digital Demand-Driven Electricity Networks Initiative (3DEN) • Aim of the Project - providing actionable guidance to policy makers on the policy, regulatory, technology and investment context needed to accelerate progress on power system modernisation and effective utilisation of demand
Slide 21: IEA 2021. All rights reserved. Page 9
IEA 2021. All rights reserved. Page 9
Slide 22: Blockchain based ElectricitY trading for the integration Of National and Decentralized local markets
Blockchain based ElectricitY trading for the integration Of National and Decentralized local markets #Local Markets # Prosumers # Blockchain Dr. Pedro Crespo del Granado Digitalization and decentralization: How to unleash the full potential of this synergy? IEA EUWP IESCG MEETING, 14.09.2021 This pr
Slide 23: Local electricity markets & Blockchain
Blockchain Local electricity Implementation technologies or markets & Analysis others
Slide 24: Energy market place connects households
Energy market place connects households that produce energy with households that consume energy directly from them. Let‘s share energy! 3
Slide 25: eFRIENDS the first energy sharing community
eFRIENDS the first energy sharing community
Slide 26: Dynamic allocation of Peer-to-Peer clusters in virtual local electricity markets
Dynamic allocation of Peer-to-Peer clusters in virtual local electricity markets: A marketplace for EV flexibility? 5
Slide 27: LEM technological development and digitalization
LEM technological development and digitalization. New emerging marketplaces? Rewarding flexibility assets Coordinate operations with local DSOs Scalability
Slide 28: Case study
EV Flexibility I want to do P2P Case study Clustering houses in London I have solar surplus
Slide 29: A community or district
A community or district: This physical layer depicts a set of houses that might part of a large community or district where
Slide 30: Load and RES per household
Load: total electricity load in a day (kWh) load:22kWh RES: total Renewables generation in a day RES: 2kWh inP2P:% of Demand covered by peers/LEM load:28kWh outP2P:51% RES:20kWh inP2P:45% load:3kWh outP2P: 26% outP2P:% of prosumer RES to peers/LEM RES:12kWh inP2P:8% outP2P:85% load:9kWh inP2P:40% lo
Slide 31: So, what is the idea here? Why?
So, what is the idea here? Why? 10
Slide 32: Clustering houses in London
Clustering houses in London
Slide 33: Main insights
Main insights 1. Clustering can lead to new ideas for local market designs tailored to EVs flexibiltity or other Flexibility providers 2. Results indicate that enabling prosumers-consumers participate in the virtual LEM, on average, reduces both the electricity costs and the dependency on the grid b
Slide 34: At the intersection of digitalization and decentralization
At the intersection of digitalization and decentralization 1. Clustering can support the creation and the large-scale integration of consumers and prosumer actors (whole cities). 2. Clustering of P2P and local communities can be a business service for market operators and other actors 3. Clustering
Slide 35: Impact of Local Electricity Markets and Peer-to-Peer Trading on Low-Voltage Grid Operations
Impact of Local Electricity Markets and Peer-to-Peer Trading on Low-Voltage Grid Operations
Slide 36: Partners
Partners: @EUBEYONDProject http://www.linkedin.com/in/beyond- project More info: https://beyond-project.eu/
Slide 37: References and more information
References and more information •Dynge, Marthe Fogstad; Crespo del Granado, Pedro; Hashemipour, Seyed Nasar; Korpås, Magnus. (2021) Impact of local electricity markets and peer-to-peer trading on low-voltage grid operations. Applied Energy. vol. 301. •Hashemipour, Seyed Nasar; Crespo del Granado, Pe
Slide 38: A business case for managing volatile renewables in the energy system
A business case for managing volatile renewables in the energy system Presentation to IEA Erwin Leeuwis, Director of Strategy, Eneco Group
Slide 39: Eneco is an integrated energy company active in Germany, Belgium, UK and the Netherlands
Eneco is an integrated energy company (‘gentailer’) active in Germany, Belgium, UK and the Netherlands Key figures as of 31 Dec 2020 Operating results Number of customer Number of Investment contracts employees (FTE) 163 5.9 385 € million (EBIT) million 2,835 € million Renewable production capacity
Slide 40: What are our challenges?
What are our challenges? Decarbonisation requires rethinking our energy system, including setup of the electricity grid and role of demand, storage and supply Energy transition Electricity system impact Power market challenges Sustainable Electrification Short term balancing Renewable Conges- Afford
Slide 41: Flex comes in different shapes and different situations require different types of flex
Flex comes in different shapes and different situations require different types of flex High wholesale energy price E-boilers EV Demand response Stationary storage Stationary storage Thermal powerplant Downward Upward regulation regulation (- consumption (+ consumption E-boilers or + production) EV
Slide 42: Flex demand increases, but so does supply: price pressure
Flex demand increases, but so does supply: price pressure German battery capacity increased tenfold between 2015 and 2020 whilst the FCR requirement remains constant. This puts downward pressure on prices German frequency control reserve (FCR) market Germany frequency market prices clearly shows a s
Slide 43: So what works, what doesn't?
So what works, what doesn’t? In each individual business case, flex value is icing, not the cake What does not work? What does work? What will work more in future? Stand-alone business cases “Piggy back” on other use Stacking of business cases: for flex cases • Self-consumption increase • EV • Preve
Slide 44: Digital operating system needed to optimize flex value
Digital operating system needed to optimize flex value and connect new types of flex and markets at low cost Digital operating system 7
Slide 45: Slide 45
Slide 46: PVPS
32 members – 27 countries – 5 continents – EC – 4 associations A truly global and unbiased network of PV expertise Representing main stakeholders in R&D, industry, implementation and policy Covering a large majority of worldwide production, applications and markets PVPS Mission: „To enhance the inte
Slide 47: Active PVPS Tasks, addressing the TW challenge
8 Active PVPS Tasks, addressing the TW challenge nev} & = Task 1 Task 12 Task 13 Task 14 Task 15 Task 16 Task 17 * Task 18 Strategic PV Analysis and Outreach PV Sustainability PV Performance, Quality and Reliability Solar PV in the 100% RES Power System Accelerating Building Integrated PV Solar Reso
Slide 48: Task – Solar PV in a 100% RES Power System
Task 14 – Solar PV in a 100% RES Power System PVPS 3
Slide 49: Task – Solar PV in the Smart Grid
Task 14 – Solar PV in the Smart Grid • Standards • IT Security • Smart Grid integration • Access to markets • Collaboration PVPS Questionnaire https://iea-pvps.org/research-tasks/solar-pv-in-100-res-power-system/survey/ 4
Slide 50: Energy Storage - TCP
Energy Storage - TCP IESCG meeting September 14th , 2021 Teun Bokhoven, chair ExCo ES TCP
Slide 51: ES TCP Introduction
ES TCP Introduction ES TCP anticipates on the transformation of the energy system: Main trend from centralised (fossil) energy production to more decentralised renewable production Changing energy commodities in sectors. (Renewable) electricity instead of fossil fuels in mobility, industrial pro
Slide 52: Challenge is to manage flexibility
Challenge is to manage flexibility Whereby storage is needed for flexibility and flexibility needs to be managed: Digitalisation as tool to manage a system Understanding how technologies and sectors interact Open data required to manage the system Sound business cases for operators / aggrega
Slide 53: Implications for IEA TCP's
Implications for IEA TCP’s Challenges for upcoming period: Seek more inter TCP interaction to understand system implications and develop new solutions Add system integration and sector coupling as topic to technological developments and research Organise swift and flexible inter TCP collabor
Slide 54: Energy Storage TCP Thank you
Energy Storage TCP Thank you TeunBokhoven@Consolair.nl
Slide 55: ISGAN International Smart Grid Action Network
iea-isgan.org ISGAN International Smart Grid Action Network Joni Rossi – Operating agent Annex 6: Transmission and Distribution systems 14 September 2021 IEA EUWP IESCG MEETING 1
Slide 56: ISGAN in a Nutshell
ISGAN in a Nutshell The International Smart Grid Action Network (ISGAN) creates a strategic platform to support high-level government attention and action for the accelerated development and deployment of smarter, cleaner electricity grids around the world 2 IEA EUWP IESCG MEETING - ISGAN ANNEX 6 2
Slide 57: ISGAN Vision and Mission
ISGAN Vision and Mission The attainment of national, regional and global clean energy and climate goals supported by Vision the integration of a variety of smart grid technologies, applications an policies. To provide a platform for the development and exchange of expertise and competence Mission on
Slide 58: Our work
Our work Annex 1 Global Smart Grid Annex 2 Annex 9 Inventory Flexibility Smart Grid Markets Case Studies Annex 8 Annex 3 ISGAN Cost- Academy Benefit on Smart Analysis & Grids Annexes toolkit Annex 4 Annex 7 Synthesis of Insights Smart Grids for Transitions Decision Annex 5 Makers Annex 6 Smart Grid
Slide 59: Drivers and needs in the electricity grid
Drivers and needs in the electricity grid IEA EUWP IESCG MEETING - ISGAN ANNEX 6 5
Slide 60: Local and overall perspectives
Local and overall perspectives IEA EUWP IESCG MEETING - ISGAN ANNEX 6 9 10
Slide 61: Local and overall perspectives
Local and overall perspectives • Significant developments and investments are required from both the micro and the MEGA perspectives • Importance of whole-system coordination, together with cooperation between different system levels • An optimal mix provides the most socio-economic welfare at the s
Slide 62: Complex interaction between need owners and stakeholders
Complex interaction between need owners and stakeholders • Established stakeholders • Changes in role and institutional framework • Looser network structures and partnerships • TSO-DSO interaction challenges • DSOs becoming active grid managers • Asset-centric companies become data-centric • New act
Slide 63: Getting involved
Getting involved: • How do system/network operators and other stakeholders perceive the impact of flexibility and their interaction • Please fill in the questionnaire on Flexibility and stakeholder interaction • Discussion paper on micro vs MEGA perspectives on network development • Flexibility for
Slide 64: For more information
For more information ISGAN Website: www.iea-isgan.org Clean Energy Ministerial: www.cleanenergyministerial.org IEA Energy Technology Network: https://www.iea.org/tcp/ ISGAN Chair, Luciano Martini: Luciano.Martini@rse-web.it ISGAN Operating Agent: ISGAN@ait.ac.at 14 IEA EUWP IESCG MEETING - ISGAN ANN
Slide 65: Thank you
iea-isgan.org Thank you Joni Rossi Joni.Rossi@ri.se
Slide 66: IEA-4E / Electronic Devices and Networks Annex
IEA-4E / Electronic Devices and Networks Annex Steven Beletich, Operating Agent for IEA-4E/EDNA IESCG Webinar, 14 September 2021
Slide 67: 4E TCP – EDNA Annex
4E TCP – EDNA Annex Provides technical and policy guidance for network-connected devices and the systems in which they operate iea-4e.org/edna 2
Slide 68: IEA-4E / EDNA
IEA-4E / EDNA Technical analysis & policy guidance Operating Annex Efficiency of connected Agent = of IEA- devices & Steven Beletich 4E TCP systems Austria, Australia, Canada, Denmark, European Comm, France, Japan, Korea, Netherlands, New Zealand, Sweden, Switzerland, UK, USA 3
Slide 69: Energy Implications of Device Connectivity
Energy Implications of Device Connectivity Energy Benefits through Digitalisation • Intelligent efficiency (IE) • Demand flexibility (DF) Wasted Energy • Network standby 4
Slide 70: Energy Savings Through Digitalisation
Energy Savings Through Digitalisation Consumer barriers High costs and unclear benefits Privacy & security Complexity & technology risk (e.g. interoperability) Difficulty of use Policy approaches to address these include Demonstration projects Methodologies to measure benefits Cons
Slide 71: Digitalisation (2)
Digitalisation (2) Not all connected devices are “smart” and not all can save energy Policies at the device level could help to realise their potential Encourage connectivity for energy saving / demand flexibility Monitor the environment and respond accordingly Report own energy consumptio
Slide 72: Digitalisation (3)
Digitalisation (3) Strategies and roadmaps are useful to realise the energy benefits of digitalisation However few strategies cover energy efficiency / demand flexibility EDNA reports provide guidance for how to include energy Need to involve policy makers from many different jurisdictions 7
Slide 73: Wasted Energy: Network Standby
Wasted Energy: Network Standby Globally, by 2030, 300 TWh per annum could be wasted (= electricity consumption of UK) There is technical potential to limit this Policies are required (and several exist) 8
Slide 74: Digitalization and decentralization IEA interactive discussion
Digitalization and decentralization IEA interactive discussion September 14, 2021 Søren Østergaard Jensen Danish Energy Agency Centre for Global Cooperation snjn@ens.dk Danish member of IEA EBC ExCo
Slide 75: Energy in Buildings and Communities - TCP
Energy in Buildings and Communities - TCP EBC 15 September 2021 Page 2
Slide 76: EBC's High Priority Themes
EBC EBC’s High Priority Themes Theme #1: Integrated planning and building design Theme #2: Building energy systems Theme #3: Building envelope Theme #4: Community scale methods Theme #5: Real building energy use Energy use in buildings stands for 30-40 % of the total energy use. Energy efficiency is
Slide 77: Relevante EBC annexes
Relevante EBC annexes https://www.iea-ebc.org/ Ongoing Annex 84 Demand Management of Buildings in Thermal Networks Annex 83 Positive Energy Districts Annex 82 Energy Flexible Buildings Towards Resilient Low Carbon Energy Systems Annex 81 Data-Driven Smart Buildings Annex 75 Cost-effective Building R
Slide 78: Flexibility – Sector coupling- Digitalization
Flexibility – Sector coupling- Digitalization How and why Increased use of fluctuating renewable energy Need for New forms of flexibility Need for Sector coupling Need for Digitalization 15 September 2021 Page 5
Slide 79: Why EBC: Energy Flexibility in buildings
Why EBC Energy Flexiblity in buildings Most buildings have the ability to become energy flexible 15 September 2021 Page 6
Slide 80: Controlers at different levels
Controlers at different levels Low level controllers -> high level controllers http://smart-cities-centre.org/wp- content/uploads/WP5_Smart_Energy _Operation_System_Nov2020.pdf Three words to remember: Digitalization, digitalization and digitalization Aggregator: High-level controllers determine whi
Slide 81: IEA EBC Annex 67
IEA EBC Annex 67 Energy Flexible Buildings https://annex67.org/ Summary report: https://annex67.org/media/1920/summary- report-annex-67.pdf New annex: IEA EBC Annex 82 Energy Flexible Buildings Towards Resilient Low Carbon Energy Systems 15 September 2021 Page 8 https://www.iea-ebc.org/projects/proj
Slide 82: EnergyLab Nordhavn
EnergyLab Nordhavn A smart City Energy Lab http://www.energylabnordhavn.com/index.html Final report: http://www.energylabnordh avn.com/uploads/3/9/5/5/3 9555879/energylab_nordh avn_final_report_2020.pdf 15 September 2021 Page 9
Slide 83: CITIES
CITIES Centre for IT-Intelligent Energy Systems https://smart-cities-centre.org/ Recommandations: https://smart-cities-centre.org/wp- content/uploads/CITIES- Recommendations.pdf 15 September 2021 Page 10
Slide 84: Thank you
e%e © @ @© Danish Energy e,* Agency
Slide 85: David Shipworth - Chair
A Technology Collaboration Programme by IEA David Shipworth - Chair The UsersTCP is functionally and legally autonomous from the IEA. Views and findings of the UsersTCP do not necessarily reflect those of the IEA.
Slide 86: 6 active Tasks, 17 participating governments
6 active Tasks 17 participating governments Mission: to provide evidence from socio-technical research on the design, social acceptance and usability of clean energy technologies to inform policy making for clean, efficient and secure energy transitions. Tasks
Slide 87: Global Observatory on Peer-to-Peer, Community Self-Consumption & Transactive Energy
Global Observatory on Peer-to-Peer, Community Self-Consumption & Transactive Energy • Desired policy outcomes should drive system design – don’t ‘leave it to the market’. • Proactive balancing is much harder than post-hoc settlement • Multiple supplier models could help all parties • Prosumer roles
Slide 88: Social License to Automate Annex
Social License to Automate Annex • Transparency and benefit information is key for all types of automated DSR • People are open to automated DSR where their values align with the aim of programme • People are open to automated DSM where it supports (or at least does not disrupt) their current domest
Slide 89: 'Plug and Play' Smart Home Technologies
‘Plug and Play’ Smart Home Technologies Current challenges: Recommendations: • Misrepresenting SHT benefits causes distrust • Encourage business to create usable, holistic disengagement. solutions • SHTs frequently don’t accommodate user’s • Develop shared infrastructures to help speed up complex, d
Slide 90: Energy Sector Behavioural Insights Platform
Energy Sector Behavioural Insights Platform Current programmes target: The Behaviour Insights Platform includes • information simplification and framing; • real-time feedback mechanisms; • social norms and peer comparisons. A global network A database of Guidance for of policy makers policy case stu
Slide 91: Contact Us
Contact Us For more information, visit userstcp.org or email TCP Secretariat at admin@userstcp.org