Spain is en route to unveiling a Law on Climate Change and Energy Transition, with which the Government wishes to guarantee the commitments sealed with the EU as part of the Paris Agreement on Energy and Climate.
At the present time, this standard is still in the draft stage, although the utilities market is already immersed in its own transition, with new services and energy-based business models that require the use of more technology than ever before.
New smart systems are required that will uphold the future panorama, with a generation time and again distributed over a wider distance (proliferation of prosumers), based on renewable energy with storage and scheduled reduction of demand levels.
New smart systems are needed that will withstand the future panorama, with increasingly more distributed generation (proliferation of prosumers), based on renewable energy sources with storage and scheduled reduction of demand levels.
Smart meters and other sensors equipped with IoT will take on a key role. Nowadays in Spain, there are around 27 million smart meters installed, and behind these there lies a significant technological deployment to handle through big data consumption details and to carry out more transparent billing in real time.
The benefits are limitless. From the most basic aspect, which is managing in a more effective and sustainable manner consumption and costs, the creation of new services offering ‘added value’ for clients based on consumption profiles.
Considering the future already around the corner, amongst other aspects, they will also serve to account for the energy produced in our own homes. Thus, these devices loom into view as one of the cornerstones of the energy transition.
Energy management systems form the following revolution. Technical given the name VPP (Virtual Power Plants), they will allow for electricity consumers to become energy generators and store this in their own homes, and, more importantly, then sell any surplus to the electrical market.
These platforms will mark out a before and after in the way the energy market is understood. They perform the entire process in an automatic and intelligent manner, not only adding together the energy of many individual producers, but also using machine learning logarithms to predict consumption and energy generation in the medium and short-terms and choosing the optimum moment for when and who must buy or sell production.
This is already functioning on the German island of Borkum, where a group of 50 producers (residential properties and public buildings) are now benefitting from this system thanks to the Netfficient pilot programme, overseen by Ayesa.
Alongside renewable energy sources, sustainable mobility is another of the major pillars of the energy transition, with electrical vehicles taking centre stage. These are destined to become another domestic appliance in the house. They will have a pivotal role in which energy demand bottoms out and ideal efficiency is reached.
Here technology once again comes to the fore. There have been major advancements in ultra-rapid charging systems, sales systems associated with payments, billing, client collection and interoperability between utilities, along with electric vehicle management and carsharing platforms. An entire world before us to explore.
Smart management of all the new stakeholders and business models will be essential for effective energy transition.