6 FAQs about Smart energy storage system welcome consultation

Why is energy storage important?

Energy storage is a potential substitute for, or complement to, almost every aspect of a power system, including generation, transmission, and demand flexibility. Storage should be co-optimized with clean generation, transmission systems, and strategies to reward consumers for making their electricity use more flexible.

What is the future of energy storage?

Storage enables electricity systems to remain in balance despite variations in wind and solar availability, allowing for cost-effective deep decarbonization while maintaining reliability. The Future of Energy Storage report is an essential analysis of this key component in decarbonizing our energy infrastructure and combating climate change.

Why do we need a co-optimized energy storage system?

The need to co-optimize storage with other elements of the electricity system, coupled with uncertain climate change impacts on demand and supply, necessitate advances in analytical tools to reliably and efficiently plan, operate, and regulate power systems of the future.

Could the Smart Energy Code be utilised for smart metering?

Some respondents who were opposed, however did note that the REC can be difficult to navigate and questioned whether the Smart Energy Code (SEC) could also be utilised to ensure that tariff data is integrated into the smart metering system. The consultation proposed including provisions in the REC and updating SLCs (Q11).

Can consumers consent to access consumption data on smart metering?

There are existing solutions in other areas such as smart metering where someone living at the address can consent to access the consumption data on the smart meter, and not just the bill payer. We have also discussed this with Ofgem's current Consumer Consent workstream to align consent management which will be dataset-agnostic.

What is a Smart Meter Company?

The company that communicates with Smart Meters in GB on behalf of energy suppliers and other parties. An organisation entering into arrangements with a consumer that pertains to load control. network or the operator of a network that is authorised to be operated by the holder of an electricity distribution licence.

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