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What are the key metrics in a smart energy system that consumers will use to make decisions about which energy supplier they use? (£/kWh may no longer be sufficient, and choices may be made on green credentials, customer service, bundled services).

Background

BEIS has committed to ending the UK’s contribution to global warming by achieving net zero
greenhouse gas emissions by 2050. Our work towards becoming a leader in green
technologies and clean energy will drive economic growth, all whilst accelerating global climate
action through strong international leadership. To achieve this, we need to better understand
the following research questions:

Next steps

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Source

This question was published as part of the set of ARIs in this document:

Beis areas research interest interim update 2020

Related UKRI funded projects


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    Funded by: EPSRC

    Lead research organisation: CRANFIELD UNIVERSITY

    Why might this be relevant?

    The project focuses on understanding consumer energy behaviors and preferences, which is directly related to the question.

  • The Global Electricity Revolution for Consumers

    Tempus Energy TE has been established to exploit a disruptive technology and business model that permits all electricity users to benefit directly in electricity cost savings. The TE technology can shift realtime consump...

    Funded by: Innovate UK

    Lead research organisation: TEMPUS ENERGY TECHNOLOGY LIMITED

    Why might this be relevant?

    The project is relevant as it focuses on smart energy consumption and cost savings, but it does not directly address the key metrics consumers use to choose energy suppliers.

  • Energy Revolution Research Consortium - Plus - EnergyREV - Market Design for Scaling up Local Clean Energy Systems

    Smart local energy systems offer the new opportunity to unlock valuable demand flexibility from owners of distributed energy technologies, such as electric vehicles, home batteries and heat-pumps. When combined with cons...

    Funded by: ISCF

    Lead research organisation: University of Strathclyde

    Why might this be relevant?

    The project aims to design local and system-level energy markets, which is partially relevant to the question about key metrics in a smart energy system.

  • Multiscale Modelling to maximise Demand Side Management (Part 2)

    Modern energy systems are complex technical, social and economic endeavours formed through the assembly of a broad set of elements and shaped by the actions of many multiple actors including consumers, suppliers and regu...

    Funded by: EPSRC

    Lead research organisation: University of Nottingham

  • SmartSTOR

    The UK has committed itself to the universal roll out of smart meters - 53million for all homes and small businesses with 3.6million installed so far. An enabler for half hourly billing, smart meters are seen as a prec...

    Funded by: Innovate UK

    Lead research organisation: POWERVAULT LTD

  • Project LEO (Local Energy Oxfordshire)

    "Project LEO (Local Energy Oxfordshire) delivers a transformative integrated smart local energy system to maximise prosperity form local energy systems and demonstrate new value creation opportunities. The local po...

    Funded by: ISCF

    Lead research organisation: SOUTHERN ELECTRIC POWER DISTRIBUTION PLC

  • OFfSET - Optimised Forecasting for Switching Energy Tariffs

    "The Optimising & Forecasting for Switching Energy Tariffs ""OFfSET"" project brings Samsung's UK-based Research team together with energy market disruptors Labrador and home energy managemen...

    Funded by: Innovate UK

    Lead research organisation: SAMSUNG ELECTRONICS (UK) LIMITED

  • BankEnergi - end to end software for energy trading

    Our project will focus on the development of a specification that the energy sector (end users, energy suppliers, traders, technology platform providers and associated ancillary services) can use to create an end-to-end ...

    Funded by: ISCF

    Lead research organisation: CARBONTRACK

  • Grid Edge Limited

    At Grid Edge, we want to change the way that people use energy by putting intelligent control into the hands of commercial energy consumers and creating new value on their side of the meter. Formed as a spin-out company ...

    Funded by: Innovate UK

    Lead research organisation: GRID EDGE LIMITED

  • Agent-based Modelling of Electricity Networks (AMEN)

    The project seeks to make a significant and original contribution to efforts being marshalled by the UK Research Councils - following government level advice - to improve the international profile and national strategic ...

    Funded by: EPSRC

    Lead research organisation: De Montfort University

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