The electricity markets are changing and there is no going back to the old normal. The current situation has expedited the energy transition from fossil fuels to renewables, where from the Finnish perspective wind power will be the key to decarbonizing our energy system. As with almost all renewables, they are intermittent and require balancing power to keep the grid functional. It is easy to think that balancing power always needs to be additional generation, but the demand response can be achieved either by additional generation or by dropping demand off the grid. For utilities and large consumers, this is already a common practice but in the future, households are also required to be active participants in the electricity market, which might provide significant savings or even some extra revenue. All this will require a significant amount of new smart technology that is required to be seamlessly integrated and controlled. In this seminar, we will discuss the different approaches to mitigate the intermittency with real-world examples from utilities, innovative market approaches from universities, and how these approaches could be scaled down to the household level.
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Coping with Intermittent Windpower
Professor | School of Technology and Innovations, Electrical Engineering | University of Vaasa
13.00 Public procurement of the innovative energy system
Dean | School of Technology and Innovations, University of Vaasa
13.15 Virtual Power Plant in telco-infrastructure
Telecom network is natural location for battery storages. Elisa has turned thousands of mobile sites into virtual power plant with the help of artificial intelligence and machine learning. How these distributed assets can support our energy system? And what is the role of demand flexibility and batteries to enable intermittent wind power?
Business Development Director, Smart Energy Solutions | Elisa
13.45 Demand response solutions for households
Senior Lecturer | Unit of Technology, Vaasa University of Applied Sciences
Klo 14.00 Panel Discussion
Mikko Salminen, Head Physical Trading & Operations, Alpiq Finland Oy
Antti Kostiainen, Sales Manager, Hitachi Energy
Ilari Alaperä, Head of Fortum Spring, Fortum
Ville Väre, Business Development Director, Smart Energy Solutions , Elisa Oy
Ossi Koskinen, Principal Lecturer, Smart Industry–platform Leader, Vaasa University of Applied Sciences
Marja-Riitta Vest , Vaasan ammattikorkeakoulu, email@example.com. : 0505773121 Vaasan ammattikorkeakoulu, Vaasan yliopisto ja Business Finland.