IEEE Power & Energy Magazine - May/June 2018 - 35

Big Data
Analytics
for Flexible
Energy Sharing

©iStockphoto.com/lexamer

Accelerating a
Low-Carbon Future

By Furong Li, Ran Li, Zhipeng Zhang, Mark Dale,
David Tolley, and Petri Ahokangas

T

The uniTed Kingdom marKed an imporTanT
milestone in its transition to a low-carbon economy on 21
april 2017 (Figure 1) This was the first-ever working day in
Britain without coal since the industrial revolution. The challenge now is to extend that single day to 365 days a year.
however, two significant barriers constrain increasing the
acceleration of this transition. The first is the diminishing
subsidy for renewable generation: the united Kingdom has
reduced its financial support for photovoltaic (pV) generation
by 80% from 2017 levels. The second barrier is shrinking network capacity, particularly at the distribution level, as more
Digital Object Identifier 10.1109/MPE.2018.2796358
Date of publication: 18 April 2018

may/june 2018

low-carbon technologies, such as pVs and energy storage or
distributed energy resources (ders), connect to the existing
network. if a smart-energy system is to take advantage of
widespread ders in the system, then energy markets should
be introduced at the distribution sector to connect energy
producers with consumers, delivering financial values so that
ders can thrive in a subsidy-free environment.

Vision for a "Sharing" Energy System
Crucially, a smart-energy system must create additional capacity
from the existing network through a substantial enhancement of its operational efficiency, rather than relying on new
primary network investment, and thus allow a significant

1540-7977/18©2018IEEE

ieee power & energy magazine

35


http://www.iStockphoto.com/lexamer

Table of Contents for the Digital Edition of IEEE Power & Energy Magazine - May/June 2018

Contents
IEEE Power & Energy Magazine - May/June 2018 - Cover1
IEEE Power & Energy Magazine - May/June 2018 - Cover2
IEEE Power & Energy Magazine - May/June 2018 - Contents
IEEE Power & Energy Magazine - May/June 2018 - 2
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IEEE Power & Energy Magazine - May/June 2018 - Cover3
IEEE Power & Energy Magazine - May/June 2018 - Cover4
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