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The energy system is rapidly transforming with the increase in distributed energy resources (DERs), data and innovative technologies being used, such as electric vehicles, battery storage and flexibility services. According to the Future of Smart, smart energy systems have an economic potential of £1.5 billion for London by 2020.
The ''business as usual'' energy market is no longer viable or sustainable. Consumers can now create, store or sell their own power directly to the grid. Vehicles can take electricity from the grid when demand is low and return it when demand is high. They could help to even out peaks and troughs and make the grid more efficient, resilient and smarter.Smart technologies can minimise energy consumption and emissions, maximise the use of renewables and supply energy to consumers at the lowest cost. ''Advanced process control'' can predict demand and control energy systems to meet specific objectives such as to avoid energy peaks.
Installing more smart meters will help consumers better understand their energy usage and allow the market to develop ways to help them reduce their energy bills and use less energy.Over time a smart and flexible energy system could reduce London''s peak demand by one gigawatt, the equivalent power of 100 million LED bulbs. Smart energy could create nationwide financial savings of £8 billion per annum by 2030 (National Infrastructure Commission). Such significant savings could and should be passed on to the consumer.
The energy market transforming to a smarter system creates an ideal opportunity for London to be at the forefront of this transition into a smarter energy future.
1. Leadership, engagement, bringing stakeholders together to ensure smart energy opportunities and Energy for Londoners objectives are realised, collaborating to deliver strategies, programmes and projects. 2. Action plan for rolling out smart energy innovations to reduce energy demand, cut bills and provide flexibility by using the Mayor''s policies, programmes and Greater London Authority group to promote and accelerate innovations - including smart energy meters, energy efficiency and electric vehicles.
3. Enable distributed energy resources to be used by London''s homes and workplaces, allowing them to participate and benefit from demand side electricity markets. Support suppliers to offer new and better energy resources and services, creating good jobs and new value for London''s businesses and the electricity system.
4. Demonstrating smart, integrated energy systems across energy supply, storage and use. Join up power, heating and transport to increase efficiency, value and flexibility - use clean energy cost-effectively and cut bills while creating good jobs for the future.
Moixa Technology Ltd is trading as Lunar Energy. We are registered at 55 Baker Street, London, W1U 7EU Reg. No. 05631091. We are authorised and regulated by the Financial Conduct Authority under reference number 767876.
About London home energy storage
As the photovoltaic (PV) industry continues to evolve, advancements in London home energy storage have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
When you're looking for the latest and most efficient London home energy storage for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.
By interacting with our online customer service, you'll gain a deep understanding of the various London home energy storage featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.
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