The historical ways in which electricity was generated in large central power plants and delivered to passive customers through a one-way transmission and distribution network - as everyone knows - is radically changing to one where consumers can generate, store and consume a significant portion of their energy needs energy locally. This, however, is only the first step, soon to be followed by the ability to share or trade with others using the distribution network. More exciting opportunities are possible with the increased digitalization of BTM assets, which in turn can be aggregated into large portfolios of flexible load and generation and optimized using artificial intelligence and machine learning.
- Examines the latest advances in digitalization of behind-the-meter assets including distributed generation, distributes storage and electric vehicles and - more important - how these assets can be aggregated and remotely monitored unleashing tremendous value and a myriad of innovative services and business models
- Examines what lies behind-the-meter (BTM) of typical customers and why managing these assets increasingly matter
- Describes how smart aggregators with intelligent software are creating value by optimizing how energy may be generated, consumed, stored o potentially shared o traded and between consumers; prosumers and prosumagers (that is, prosumers with storage)
- Explores new business models that are likely to disrupt the traditional interface between the incumbents and their customers
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Part One: Visionaries, dreamers, innovators 1. What lies behind-the-meter and why it matters? 2. It's not science fiction: Going zero net energy and loving it 3. Creating value: Digitalization, aggregation and optimization of behind-the-meter assets 4. Customer participation in P2P trading: A German energy community case study 5. Aggregators today and tomorrow: From intermediaries to orchestrators? 6. Energy communities: A Dutch case study 7. The expanding role of home energy management ecosystems: An Australian perspective
Part Two: Implementers and disrupters 8. Behind and beyond the meter: What's in it for the system? 9. Working backwards to get behind the meter: What customer value, behavior, opportunity and uncertainty mean for new technologies 10. Aggregation of front- and behind-the-meter: The evolving VPP business model 11. Platform for trading flexibility on the distribution network: A UK case study 12. Smart meters: The gateway to behind-the-meter? 13. D3A Energy Exchange for a Transactive Grid 14. Emerging aggregator business models in European electricity markets
Part Three: Regulators, policymakers and investors 15. BTM prospects: Do prices matter? 16. Regulating off-the-grid: Stand-alone power systems in Australia 17. Distribution network tariff design for behind-the-meter: Balancing efficiency and fairness 18. What market design, fiscal policy and network regulations are compatible with efficient BTM investments? 19. Two million plus solar roofs: What's in it for the consumers? 20. Will behind-the-meter make a difference?
Fereidoon Sioshansi is President of Menlo Energy Economics, a consulting firm focused on the rapid transformation of the electric power sector. He is the editor and publisher of EEnergy Informer, a monthly newsletter with international circulation. His professional experience includes working at Southern California Edison Co. (SCE), Electric Power Research Institute (EPRI), NERA, and Global Energy Decisions. Since 2006, he has edited 13 books published by Academic Press; the latest, Variable generation, flexible demand, was published in 2021