Slide 1.pngSlide 2.pngSlide 3.pngSlide 4.pngSlide 5.pngSlide 6.png

Dr. Fereidoon Sioshansi

Menlo Energy Economics, USA

 

Talk Title
Behind and beyond the meter:How innovative services will utility business model

Talk Abstract
 

The electric power sector is undergoing fundamental transformation at an unprecedented pace due to the rapid uptake of distributed energy resources (DERs) – a two-edged sword which is eroding utility revenues as increasing number of consumers become prosumers by using less – through energy efficiency schemes – while producing more of what they consume – through distributed self-generation.

If the cost of energy storage technologies continues to fall, as expected, prosumers can move a step further turning into prosumagers – by optimizing when and how energy is used, generated and stored – developments that are likely to lead to consumer stratification, changing the historic interface with the incumbent distribution utilities. Electric vehicles (EVs) are among the distributed storage options.

Moreover, intermediaries can increasingly aggregate the loads, distributed generation and storage of large numbers of participants, monitoring, managing and optimization the entire portfolio as a virtual micro-grid with little or no net kWh consumption from the super-grid – in the process turning them into “nonsumer” communities.

Finally, blockchain and other enabling technologies will facilitate peer-to-peer (P2P) trading allowing a host of platforms and new services and business models to emerge.

This presentation explores: 

  • How, why and where such consumer “stratification” may emerge;
  • What are its implications for the incumbent regulated electricity distribution companies; and
  • What are the challenges facing the regulators and policymakers.
Short Biography

 

Dr. Sioshansi is President of Menlo Energy Economics, a consulting firm based in San Francisco advising clients on the implications of the rapid transformation of the electricity sector and emerging business models. He is the editor and publisher of EEnergy Informer, a monthly newsletter with international circulation.

 

His professional experience includes working at Southern California Edison Company (SCE), the Electric Power Research Institute (EPRI), National Economic Research Associates (NERA), and Henwood Energy, now part of ABB, among others.

 

Since 2006 he has edited 10 books, published by Academic Press. The latest titled Innovation and disruption at the grid’s edge: How distributed energy resources are disrupting the traditional utility business model, was published in May 2017. He is currently working on a sequel titled Consumers, Prosumers, Prosumagers: How innovative services will disrupt the utility business model.

 

He has degrees in Engineering and Economics, including an MS and Ph.D. in Economics from Purdue University.

 
Talk Keywords
.
 
Target Audience
Students, Post doctoral, Industry, Doctors and professors
 
Speaker-intro video
TBA 
 

The International Conference on Innovative Applied Energy (IAPE’18)