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56% 29% 15% Enabling the Smart Grid Sean O’Driscoll Chairman and Chief Executive Officer Glen Dimplex

Open Innovation 2.0 - Sean o'driscoll plenary 4 final

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Page 1: Open Innovation 2.0 - Sean o'driscoll plenary 4   final

56%29%

15%

Enabling the Smart Grid

Sean O’Driscoll Chairman and

Chief Executive Officer Glen Dimplex

Page 2: Open Innovation 2.0 - Sean o'driscoll plenary 4   final

Transport,Industry,

Other, 50%

Domestic andService Sector

Buildings,50%

36% of all primary energy is used for space and water heating in buildings

Source: DECC/UK National Statistics

56%29%

15%

WaterHeating

Lighting and Appliances

SpaceHeating

PRIMARY ENERGY CONSUMPTION UK 2010

Page 3: Open Innovation 2.0 - Sean o'driscoll plenary 4   final

EXPECTED RENEWABLES GENERATION 2020

Sources: DUKES (DECC, 2012), UK Renewable Energy Roadmap (DECC, 2009), UK National Renewable Energy Action Plan (2009)

Page 4: Open Innovation 2.0 - Sean o'driscoll plenary 4   final

ENERGY STORAGE AND ICT

How do we maximise the opportunity from Distributed Energy Storage in Buildings?

• Store the intermittent renewable energy efficiently for future use when there is consumer demand: -

- Smart Electric Thermal Storage (Dimplex Quantum)

• What is required to facilitate this?

- Smart Grid Technology with ICT innovation- Energy Market Mechanisms- Collaboration between industry players

Page 5: Open Innovation 2.0 - Sean o'driscoll plenary 4   final

GLEN DIMPLEX LOW CARBON SOLUTIONS

Solar Thermal Water Heating

Solar PV Electricity

Generation

Ground source, air source and

water source heat pumps

Low temperature

Smart Radiators

Mechanical Ventilation and Heat Recovery Systems

Thermal storage

space and water

heaters

Automated Home Energy Management

Systems

Page 6: Open Innovation 2.0 - Sean o'driscoll plenary 4   final

DIMPLEX QUANTUM ENERGY SYSTEM

Key Features - Consumer

• High efficiency energy store – low losses• Accurate electronic time and temperature control• Up to 25% reduction in energy bills• Advanced apps for user interaction and information

Key Features – Electricity Industry

• Charging controlled remotely by grid operator or aggregator

• Facilitates Demand Side Management• Provides ancillary services to grid• Allows greater penetration of intermittent renewables• Facilitates grid decarbonisation

Page 7: Open Innovation 2.0 - Sean o'driscoll plenary 4   final

QUANTUM ENERGY TRANSFER

Renewable Generation

Conventional Generation

GRID70% +

RenewableQuantum is programmed to take its energy at off-peak times and when renewable penetration is high.

Much lower energy carbon intensity than grid average

Page 8: Open Innovation 2.0 - Sean o'driscoll plenary 4   final

ICT REQUIREMENTS

HUB

RF MeshMultidirectional

Home AreaNetwork

GPRS

Broadband IP

• Data Processing• Data Security• Energy Aggregation• Wide Area Network• Home Area Network• Smart Metering

Page 9: Open Innovation 2.0 - Sean o'driscoll plenary 4   final

COLLABORATION IS KEY

Memorandum of Understanding

Endorsement of Strategy