IEEE Electrification - June 2019 - 18

A significant volume
of energy may be
generated and
consumed locally,
instead of produced
by large generators
and then
transported.

information is particularly valuable in an
uncertain future where RES generation,
asset costs, and other assumed parameters are different from what is forecast.
For example, carbon targets can still be
met by changing the operation of the
Manchester district without investing in
additional assets, even if the future differs
from the forecast.
It is important to emphasize that
smart operation provides flexibility and
can be as valuable as, or more valuable
than, the one provided by the asset. This
can be deduced by comparing the
extreme (BAU) and conservative (smart)
cases in Figure 9. The latter, which uses fewer assets,
can outperform the former, which does not take advantage of smart operation. This is further demonstrated in
Table  4, which takes the maximum and minimum values from Figure 9. The table shows that most benefits
in the extreme case can be attributed to smart operation
of the assets. This is an important result because it

Beyond the Demand Side
Impacts on the Energy System

As flexibility increases in the energy
sector, mostly due to introducing
multienergy technologies at the
demand side, smart-community
multienergy systems such as the Manchester district will
take some business away from current actors. That is, a
significant volume of energy may be generated and consumed locally, instead of produced by large generators
and then transported by the transmission system operator (TSO) and multiple distribution network operators
(DNOs). This new system operation may be beneficial if it

Contractor

Network Operator

System Operator

demonstrates that it is not enough
to foresee a sustainable multivector future by in stalling RES and
multienergy technologies; most of
the value offered by these technologies will materialize only if the
assets use smart operation also.

Contractor

TSO

Policy
Implementer
Network Operator
DNO

Tax Raiser
Demand-Side
Flexibility

Government

Smart Customers

Trader

DNO

Other Retailer

Service Provider

Gas DNO

Trader

Trader

Gas Shipper

Electricity Producer

Energy

Figure 10. The value flow map.

18

I E E E E l e c t r i f i cati o n M agaz ine / J UN E 2019

Cash

Information



IEEE Electrification - June 2019

Table of Contents for the Digital Edition of IEEE Electrification - June 2019

Contents
IEEE Electrification - June 2019 - Cover1
IEEE Electrification - June 2019 - Cover2
IEEE Electrification - June 2019 - Contents
IEEE Electrification - June 2019 - 2
IEEE Electrification - June 2019 - 3
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IEEE Electrification - June 2019 - Cover3
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