Episode
71

Innovation in Utilities with Essex Power's CEO John Avdoulos

February 9, 2023
|
Duration:
1497534
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In This Episode:

Join David Arkell, Lysandra Naom, and CEO of Essex Power, John Avdoulos on an episode all about innovation in utilities. This episode features growth in the utility space, electric vehicles, distributed energy resources, and more. Check out our 360 Carbon Excellence Program.

Highlights

  • Utility Transformation:
    Utilities are evolving from simply delivering power to enabling flexible energy management. Essex Power emphasizes building a smart grid that can support multi-directional energy flows, creating new value for consumers and asset owners.
  • EV and Charging Infrastructure:
    Essex Power’s research shows the challenge of EV adoption on the grid. Without visibility on charging points, multiple EVs charging simultaneously could overload transformers. To mitigate this, Essex Power is developing strategies to monitor and manage charging locations.
  • Managing DERs for Grid Support:
    Essex Power collaborates with the Independent Electricity System Operator (IESO) to integrate DERs like solar and batteries. By utilizing machine learning and data, they can predict when distributed resources are most needed, providing benefits to both consumers and the utility.
  • Heat Pumps and Electrification:
    The adoption of electric heat pumps and other electric devices is increasing demand on the grid. Essex Power anticipates the need for infrastructural upgrades and careful monitoring to handle these new loads without compromising reliability.
  • DSO Pilot Project:
    Essex Power is working with the Ontario Energy Board (OEB) and IESO on a pilot project to establish a “Distribution System Operator” model. This system would allow local resources to bid into an open market, enabling a two-way flow of power and creating new revenue opportunities for small-scale generators.
  • Key Insights

    • Visibility and Data Analytics:
      The grid’s transition to support new technologies like EVs and heat pumps requires real-time data. Visibility into consumer devices and charging infrastructure is essential to manage load and prevent outages.
    • Collaborative Energy Solutions:
      Effective integration of DERs requires collaboration with regulators and technology providers. Essex Power's pilot project with the OEB and IESO demonstrates a pathway for utilities to evolve from traditional roles to active system operators.
    • Economic Opportunities from Green Credits:
      Utilities could benefit from carbon trading and green bonds as incentives to reduce emissions and adopt renewables. These financial mechanisms could offset the costs associated with infrastructure investments for a greener grid.
    • Distributed Generation as a Resilience Strategy:
      Encouraging local generation sources such as solar and small-scale power plants contributes to grid resilience, particularly in regions experiencing high demand growth.
    • Increased Customer Involvement:
      With distributed resources and EVs, customers can play an active role in energy management, contributing power back to the grid or altering usage patterns in response to demand signals.

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