Confidential and Proprietary Information of ... - Iot-Inc · Demand Response Primer 2. IoT Business...
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Confidential and Proprietary Information of Ohmconnect, Inc. Confidential and Proprietary Information of Ohmconnect, Inc.
Transcript of Confidential and Proprietary Information of ... - Iot-Inc · Demand Response Primer 2. IoT Business...
Confidential and Proprietary Information of Ohmconnect, Inc.Confidential and Proprietary Information of Ohmconnect, Inc.
Confidential and Proprietary Information of Ohmconnect, Inc.
1. Demand Response Primer
2. IoT Business Model
3. Ohmconnect Demo
Agenda
Confidential and Proprietary Information of Ohmconnect, Inc.
Birth of DR: California energy crisis of 2000/2001
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• Rolling blackouts in June 2000
• Demand outstripped supply
• Needed immediate solutions to prevent further blackouts
Confidential and Proprietary Information of Ohmconnect, Inc.
Demand response flavors: past, present, future
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Confidential and Proprietary Information of Ohmconnect, Inc.
Economic explanation behind rolling blackouts
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Pri
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f E
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rici
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Quantity of Electricity
Pri
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Quantity of Electricity
Prior Peak Period S&D curves Blackout S&D curves
Confidential and Proprietary Information of Ohmconnect, Inc.
DR was born from CEC’s plan to combat blackouts
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• California Energy Commission’s (CEC) Art Rosenfeld led a call for “Demand Relief” programs• OBMC – optional binding mandatory curtailment
• EPRI, Silicon Valley, Cisco, HP, IBM, others participated to show that they can shave off 10MW out of 100MW
• How?• Lighting, Air conditioning, Refrigeration, others
Confidential and Proprietary Information of Ohmconnect, Inc.
Implementing DR in 2001 – Oracle
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Confidential and Proprietary Information of Ohmconnect, Inc.
Smart meters
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• Monthly readers
• AMR (Automatic Meter Reading)
• AMI (Advanced metering infrastructure)
Confidential and Proprietary Information of Ohmconnect, Inc.
“Locational” Marginal Price (LMP) markets
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Pri
ce
Quantity
Pri
ce
Confidential and Proprietary Information of Ohmconnect, Inc.
The result is much more granularity and insights into when energy is expensive
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Utility Price
15% of costs come from <1% of hours
Confidential and Proprietary Information of Ohmconnect, Inc.
1. Demand Response Primer
2. IoT Business Model
3. Ohmconnect Demo
Agenda
Confidential and Proprietary Information of Ohmconnect, Inc.12
Confidential and Proprietary Information of Ohmconnect, Inc.12
OhmconnectWholesale
EnergyMarkets
User
1. Demand reduction 2. IoT load reduction
3. Market compensation20% retained by Ohmconnect
4. 80% of revenues delivered to utility fordistribution to users
Business Model Value Chain
Confidential and Proprietary Information of Ohmconnect, Inc.13
Confidential and Proprietary Information of Ohmconnect, Inc.1313
99% of time: no biddingdevices use electricity as normal
1% of time: bids clear into CAISOWhen wholesale energy prices spike, Ohmconnect automatically turns down non-critical IoT loads in homes.
These reductions can occur in increments as short as 15, so personal comfort is not an issue.
IoT Device Timing
Confidential and Proprietary Information of Ohmconnect, Inc.
1. Demand Response Primer
2. IoT Business Model
3. Ohmconnect Demo
Agenda
Confidential and Proprietary Information of Ohmconnect, Inc.15
Confidential and Proprietary Information of Ohmconnect, Inc.
Empower homes to respond to price
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Reduce Energyvia residential
demand response
Sell Reductionsinto energy markets as
generation
Rewardusers with financial
incentives
Confidential and Proprietary Information of Ohmconnect, Inc.17
Text alerts
Email alerts
Weekly Email Summaries
Social energy comparisons
Cash out DR earnings
Web Tool f
$ Donate to non-profit
Word of mouthmarketing
Continued engagement
Customer Experience
Confidential and Proprietary Information of Ohmconnect, Inc.
What do Customers Think?
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“Ohmconnect's innovation is combining the micro-information from my personal energy use in my home with the macro-information of energy production and distribution to make better decisions and usage for society, the environment and for me personally. It doesn't get better than that.”
- Stephen Schwerdweger, Palo Alto CA
"Getting paid to reduce my environmental footprint? Count me in."- Adam Foster, Concord CA
"The easiest home energy analysis tool out there. I especially like the way it can automatically reduce my energy consumption during periods of high usage (or cost) and in most cases I don't even notice. If everyone started using it, we would be able to stop using expensive and dirty "peaker" plants.”
- John Overstreet, Los Altos, CA
