Good Energy's innovation projects
For Good Energy, delivering a renewable future is not only about where we source our 100% renewable electricity from.
It’s also about finding fresh ways to challenge perceptions around how we use and manage our energy: we’re promising to create a sustainable future with research, partnerships and investment.
Good Energy partnered with innovative energy startup, Open Utility, for a trial of Selectricity – the UK’s first online marketplace for buying and selling renewable electricity; enabling commercial consumers and renewable generators to trade electricity, in a kind of ‘eBay for energy.’
By creating an online marketplace that supports local generators delivering electricity to local customers, Selectricity paves the way for a smarter, more dynamic and decentralized electricity market. Selectricity provides a glimpse of what a future powered purely by renewables could look like. Good Energy’s vision is of an energy system where power is in the hands of people, and electricity is generated by the communities who use it. Find out more.
Good Energy has partnered with Moixa Technology, who have been awarded funding by the Department of Energy and Climate Change to develop an innovative trial project involving energy efficiency and battery storage in the home. Their Maslow system uses a battery that charges during off-peak hours when energy prices are lower, or directly from on-site renewables like solar PV.
Good Energy’s vision is to see the UK powered by homegrown renewables - having affordable, reliable energy storage is vital to achieving this.
We’re actively looking at how storage can help maximise self-consumption for homeowners and businesses with on-site renewables, help to avoid stresses on the electricity grid, and make sure that the electricity generated from our wind and solar farms is flowing into the grid when it’s most needed, rather than just when it’s generated.
Local Energy Models
For the UK to transition to a system where we are no longer reliant on large, centralised energy generators, the market needs to adapt to a distributed system of generation and energy usage - one where consumption and supply work much closer together.
Local markets can help maximise the value of energy by using it in the same area that it’s generated. This approach will help support local economies and encourage reinvestment in local initiatives.
Good Energy was the first UK energy supplier to offer a Local Tariff, helping communities directly benefit from renewable generation in their area. Good Energy also collaborated with Open Utility, successfully piloting the UK’s first online marketplace for renewable energy - Piclo - giving generators and customers unprecedented control over where their electricity is generated and sold.
Localised energy models are challenging the standard way electricity is generated, used and transported through the energy network, and are making electricity use more intelligent at the same time. Good Energy are now building on their experience of Local Tariffs and peer-to-peer supply matching, by investigating other innovative options for linking local generation to supply – watch this space for updates and to hear more about the projects we’re developing.
Best practices for renewable energy aggregators
The European community has recognised that the standard, established business models of regulators, utilities and grid operators may face numerous challenges in overcoming a shift away from conventional sources of generation to source an increasing proportion of our power from renewables.
To help this transition, the European Commission is supporting BestRES: a research project to develop and implement innovative business models for renewable energy aggregators across Europe to ensure efficient, secure and affordable operation of a cleaner, greener supply model.
Good Energy is part of this pan-European project to both inform and learn from our neighbors, and help promote a renewable and competitive electricity system across Europe. The project kicked off early in 2016 and over the next few months Good Energy, alongside other project partners, will be analysing the suitability of existing business models for supporting the development of renewables. Check back in for updated information.
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement N° 691689.
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