ENERGY SECTOR DIGITALIZATION MASTERCLASS

Digitalization is affecting all sectors of the economy and the energy sector is not excluded from this trend. There are multiple ways in which digital solutions in combination with hardware solutions are creating entirely new business solutions and business models. This course aims to provide an in-depth understanding of new business models across smart home services, vehicle to grid, virtual power plants and blockchain applications across the energy sector, understand the strategies of new and existing actors active across the four business areas covered by the course, and gain the knowledge and tools to assess future business trends in the areas covered by the course

day 1 - Smart Homes and Electric Vehicle Software

  • Smart Home services:

    • Solutions for home energy management (HEM)

    • Players strategies in the smart homes segment

  • Vehicle-to-grid: a software perspective

    • Software solutions and related business models in V2G

    • V2G value to the energy system and the consumer

day 2 - Virtual Power Plants and Blockchain

  • Virtual power plants (VVPs):

    • Applications of the software across the energy sector

    • Business models in VPP use for different players

  • Blockchain:

    • Applications across the energy sector

    • Potential trends going forward

 

FLEXIBILITY AND STORAGE BUSINESS MODELS

A deep-dive into the key feature of the future power system: flexibility. The increase in renewable and distributed power generation, and the rise of prosumers capable of both generating and consuming power have changed the landscape of the power sector and the business models to be successful in them. The course provides participants with the knowledge and tools to understand how the demand for flexibility is evolving across the power sector, and to design the business models that are emerging to answer this increasing demand. The course also guides participants in understanding the intricacies of the regulation that affects flexibility in the power sector and indirectly business models that aim to leverage it, as well as the possible solutions to regulatory barriers

day 3 - Regulatory Barriers & Solutions to Flexibility Services

  • Regulatory barriers and solutions across the power sector:

  • Power market design and direct regulation

  • Capacity markets

  • Ancillary services

  • Tariff and grid charges

  • Metering

  • New flexibility (electric-vehicles, smart homes, residential storage, etc…)

  • Summary of the course and outlook for flexibility services

day 1 - Role of Flexibility & its Market Trends

  • Setting the scene: Sources of flexibility, technology and comparative assessment

  • Drivers of flexibility demand (distributed energy sources, electric vehicles, batteries, etc…)

  • Flexibility market trends:

  • Transmission level flexibility (primary, secondary, tertiary reserve)

  • Distribution level flexibility (flexibility from prosumers)

  • Key players – case studies of grid operators and how flexibility is managed at transmission and distribution level – market platforms, products and services

day 2 - New Business Models for Flexibility Services

  • Battery storage

  • Aggregators business models

  • Power-to-gas

  • Virtual power plants

  • Residential storage

  • Electric-vehicles (vehicle-to-grid and smart charging)

  • Smart homes

  • Blockchain and smart contracts

    Assessment of services, products, contracts, partners, market presence, players, case studies, examples