SSE Ireland
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400 new jobs 300% >90% ROI Greener 40MW SSE Ireland Better Energy Supply 600,000 gas and electricity customers Sustainability Making energy better to combat climate change 500MW of Renewable Generation Ireland’s No.1 renewable electricity generator and supplier Public Lighting Leaders in the maintenance of 300,000 street lights in Ireland Health Safety and Our People Striving to be Ireland’s safest utility >900 employee s 1 1000 employees, €1bn investment
description
SSE Ireland. Health Safety and Our People. Better Energy Supply. Sustainability. 500MW of Renewable Generation. Public Lighting. >900 employees. Making energy better to combat climate change. 600,000 gas and electricity customers. Striving to be Ireland’s safest utility. Leaders - PowerPoint PPT Presentation
Transcript of SSE Ireland
400 new jobs 300%
>90% ROI
Greener
40MW
SSE Ireland
Better Energy Supply
600,000gas and electricity
customers
Sustainability
Makingenergy better
to combat climate change
500MW ofRenewable Generation
Ireland’s No.1 renewable electricity
generator and supplier
Public Lighting
Leadersin the maintenance of
300,000 street lights in Ireland
Health Safety andOur People
Striving to be Ireland’ssafest utility
>900employees
1
1000 employees, €1bn investment
Energy Action Fuel Poverty Conference7 February 2012
“Trust is the glue of life.....It's the foundational principle that holds all relationships.” Stephen Covey
David ManningDirector of Corporate AffairsSSE Ireland
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1. ENERGY TRENDS
2. MANAGING ENERGY COSTS
3. ENERGY AFFORDABILITY
1. ENERGY TRENDS
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Residential Electricity Prices (€) (band DD all taxes included)
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101214161820
2007S2 2008S1 2008S2 2009S1 2009S2 2010S1 2010S2 2011S1
c/kWh
Ireland Euro Area EU 27
Source: SEAI
Electricity prices now at the EU average
Residential Gas Prices (€) (band D2 all taxes included)
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2007S2 2008S1 2008S2 2009S1 2009S2 2010S1 2010S2 2011S1
c/kWh
Ireland Euro Area EU 27
Source: SEAI
Gas prices now at the EU average
Benefits of Competition
7Competitive market delivering for consumers
Energy Security in Ireland – 2011 report
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Source: Dr. Andrew Kelly, AP EnvEcon and Prof. Peter Clinch, UCD
Oil price growth scenarios model
Source: UK Transmission National Grid (Gas)
UK end-user gas price forecast
Ireland must reduce dependence on imported fossil fuels
Impact of Wind Affordability, Security, Decarbonisation
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Influence of Wind Output on Energy Prices
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Lower Price
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Low Wind: 24 July 2009High Wind: 31 July 2009
Affordability:
Security:
Decarbonisation:
Per 1000MW wind installed :263.5 ktoe avoided imports = €88.3m
Per 1000MW wind installed:
1,633,645 tonnes CO2 avoided
Assumptions:Turbine: 3MWCapacity: 35%Speed: 8.5m/s2008 data
Wind energy reduces wholesale electricity prices
2. MANAGING ENERGY COSTS BETTER
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Managing the cost of energy better
Empowering the customer:
+ Airtricity’s Smarter Energy Card+ Installation of prepayment meters+ Payment plans+ Disconnections
– Persistence of debt hopping– An Post/Department of Social Protection –
Household Budget Scheme– Free Electricity Allowance
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More support needed for prepayment meters
Smart Technology• Getting the best from assets and energy:
• System operation• Demand side management• Consumer behaviour
• Better informed customer: • CER trial saw 8.8% reduction in peak period
• SMART Meter• Thin versus thick– must ensure effective solution that balances
all risks.
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SMART technology must effectively address risk
3. ENERGY AFFORDABILITY
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Reducing Energy Consumption
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Source: Dimplex
Improving energy affordability means reducing consumption
Airtricity’s approach
• Better Energy• Airtricity Home Energy Services• PAYS - Availability of cheap finance is the
foundation to delivering building retrofit
• Community Fund - >€600,000 annually focused on community energy efficiency projects
• Fuel poor pilot
• Strategic partnerships and investments • Northern Ireland smart homes project
15Low cost finance foundation of PAYS system
Restoring Trust
1. Ensure competition continues to deliver lower energy prices
2. Improve energy affordability by reducing consumption
3. Provide greater support for prepayment meters
4. Deliver Smart Meters that effectively address risk
5. Access to low cost finance to deliver thermal efficiency investment, PAYS
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