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Australian Smart Energy Market

  • March 2016
  • -
  • Paul Budde Communication Pty Ltd
  • -
  • 51 pages

With a better understanding of the complexity involved in the transformation of the electricity industry the words smart or future energy' are becoming more prominent. BuddeComm believes that the term smart grids' is too narrow and that smart energy' is better suited especially once the communications developments in national mobile and fixed broadband networks start to converge with smart grid developments. Smart grids unfortunately have become synonymous with smart meters, again leading to too narrow a view on this market.

Smart energy signifies a system that is more integrated and scalable, and which extends through the distribution system from businesses and homes and back to the sources of energy. Developments at the edge of the network will increasingly determine its future direction. A smarter energy system has sensors and controls embedded into its fabric. Because it is interconnected there is a two-way flow of information and energy across the network, including information on pricing. In addition to this it is intelligent, making use of proactive analytics and automation to transform data into insights and to efficiently manage resources.

This links with the telecoms development known as M2M or the internet of things' (IoT). For this to happen various functional areas within the energy ecosystem must be engaged consumers; business customers; energy providers; regulators; the utility's own operations; smart meters; grid operations; work and asset management; communications; and the integration of distributed resources.

With energy consumption expected to grow worldwide by more than 40% over the next 25 years demand in some parts of the world could exceed 100% in that time. This will produce an increase in competition for resources, resulting in higher costs. In an environment like this energy efficiency will become even more important.

Quite apart from any increased demand for energy in specific markets, the move to more sustainable technologies for example, electric vehicles and distributed and renewable generation will add even more complexity to operations within the energy sector. As was again confirmed at the COP21 in Paris, technological innovations will have to play a larger role in climate change adaptation.

Concerns about issues such as energy security, environmental sustainability, and economic competitiveness are triggering a shift in energy policy, technology and consumer focus. This, in turn, is making it necessary to move on from the traditional energy business model. Renewable energy, linked to distributed energy systems and battery storage, is going to be the game-changer here.

As a consequence electricity utilities could end up in a spiral of death' situation similar to that of the companies that invested in the building of the internet infrastructure they may own the means of delivering electricity and associated services, but may not be able to take advantage of the new business opportunities that will arise. This will limit their opportunities for future growth. Instead companies should develop a vortex of opportunities'.

Another problem will surface when, due to users reducing consumption and producing energy themselves through energy efficiency strategies, the traditional pricing models become inadequate in terms of maintaining the energy infrastructure.

The potential for transformation of the energy industry to smart energy is still at a very early stage. Valuable advances have already been made in some areas but consensus needs to be reached regarding a collective approach to interoperability and technical standards.


Key developments:
Smart cities, smart communities, smart buildings, connected communities, M2M, drones, IoT, big data, data centres, cloud computing, smart grids, broadband, smart meters, smart homes, EV, PV, batteries, storage, 4G, 5G.

Organisations mentioned in this report:
NEM, NBN, AGL, Google

Table Of Contents

Australian Smart Energy Market
1. Synopsis
2. From UtiliTel to Smart Grid to Smart Energy and Smart Cities.
3. Analysis: smart grid market developments in 2016
4. Electricity utilities and IoT
5. Progress hampered by lack of smart energy policies
6. Problems ahead for the smart meter rollout in NSW
7. Will telcos become the OTT players in smart energy?
8. Industry analysis mid 2015
9. Industry Transformation
9.1 The Five Disrupters
9.2 Identifying the Five Disruptors
9.2.1 Ecosystem of the Grid
9.2.2 Distributed Generation and Storage
9.2.3 Future of Transportation
9.2.4 Renewable Economics
9.2.5 Cost to Value
10. Community owned energy retailer.
11. Disruptive retail plan for renewable energy
12. Challenges for the future
13. Delighting and exciting electricity customers
14. Electricity death spiral'
15. Energy industry in transition
16. Storage technologies making progress
16.1 Market estimates
16.2 The effect on smart grids
17. Energy retail market developments
18. People power in the energy market
19. Key international Developments
19.1 Googles acquisition of Nest will affect the utilities
19.2 Resource and energy management are hot issues all around the world
19.3 Energy Internet of Things
19.4 Transactive Energy
19.5 Linking ICTs with climate action for a low-carbon economy
19.6 The UN Broadband Commission and RIO+20
19.6.1 Renewing our commitment towards sustainable development
19.6.2 Broadband for the integration of the three pillars of sustainable development
19.6.3 Turning vision into action
19.7 OECD publishes report on internet of things and M2M
19.7.1 New Technology
19.7.2 New Markets
19.7.3 New Policies
19.8 Driving smarter energy usage through consumer education
19.9 Smart technology to improve generation performance
20. Business analyses
20.1 Australian Smart grids from a global perspective
20.2 Business case for smart grid appears strong
20.3 Home Automation Service Strategies
21. Market Analyses Australia
21.1 Ground-breaking standard for smart grids
21.2 Investments in the Australian smart grid market
21.3 New business opportunities for mining and energy industries
21.4 Energy in Australia remains cheap
21.5 Peak demand requires a smarter energy distribution concept
21.6 Government should show leadership in smart energy policies
21.7 Smart technologies challenging traditional energy scenarios
21.8 The business case for solar energy is getting closer
22. Key developments Australia
22.1 AGL launches battery storage
22.2 Households can save $100-$200
22.3 Spending increases to $2.4 billion in 2012
22.4 NBN facilitates wind farm
22.5 Fuel Poverty
23. Surveys and statistics
23.1 Energy supply and use statistics
23.2 2014 Australian Energy Update
23.2.1 Energy consumption
23.2.2 Energy production
23.2.3 Electricity generation
23.2.4 Energy trade
23.2.5 UBS: Tesla Powerwall can deliver six-year payback in Australia
23.3 Australian energy survey
23.4 Worldwide smart grid spending reached $46.4B in 2015
23.5 Microgrids revenue to reach $17.3 Billion by 2017
24. Industry reform
24.1 Two decades in the making
24.2 Retail reform
24.3 Deregulation of retail prices
24.4 NEM Review
24.5 Network Costs
24.6 Network pricing reform
25. Separate background reports
Table 1 - Machine-to-machine applications and technologies, by dispersion and mobility
Exhibit 1 - Example - Solar PV

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