In this live studio interview at Asian Utility Week, Peter Nemcek, vice president of research and development at Cybergrid, talks about the interesting results obtained from the e-Badge smart grid project which is an EU-funded FP7 project. Its objective is to propose an optimal pan-European Intelligent Balancing mechanism, which is also able to integrate Virtual Power Plant systems by means of an integrated communication infrastructure that can assist in the management of the electricity transmission and distribution grids in an optimized, controlled and secure manner. The three year project is now in its final year.
Developing local economies
Mr Nemcek shares and expands on three messages from e-Badge:
1.Telecommunication companies, with their extensive networks, are well placed to liberalise utility energy data
2.Virtual power plants can help in optimising the whole energy value chain
3.Huge savings can be obtained from the merging of balancing markets and the exchange of balancing energy across borders.
He says that the smart grid, demand response, distributed generation and storage cannot be avoided if we are to decarbonise the future. He says, “By developing these, we are helping local economies to benefit. Let’s rather keep the money within local communities. It’s also a way in which utilities can support their customers’ businesses.”