Category Archives: the Energy Ecosystem

A reply to McKinsey and its Net-zero transition report by the MD of One Earth

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I have been providing extracts from the recent McKinsey report in two posts recently,

My first post was  explaining their scenario limitations with the message “we hope that this scenario-based analysis will help decision-makers refine their understanding of the nature and the magnitude of the changes the net-zero transition would entail and the scale of response needed to manage it.”

Then the second post was to re-produce and show their summary of costs and outcomes.

I did not make any personal comments in these two posts, I found the report difficult to comprehend and have been hoping someone far more qualified could provide a view to add or to challenge this report view

I personally found the costs absolutely staggering. I find the disruption frightening. So, we face significant electricity price increases and uncertainties of continuity of supply, very limited job gains over job destructions, whole industries and supply chains wiped out, steel and cement price increases of 30 to 45%, investment inequality even more.

The way McKinsey has phrased this does need deeper clarity. The point is they highlight the effect of the additional $3.5 trillion, their view of the additional amounts we need to spend on achieving Net-zero, not the predicted total spend of $9.2 trillion needed each year. To put this increase in comparative terms, the $3.5 trillion is approximately equivalent, in 2020, to half of global corporate profits, one-quarter of total tax revenue, and 7 per cent of household spending. YIKES! That is of a magnitude that is way beyond me to comprehend. For Real?

Seriously, do any of the energy experts here in Energy Central contributors recognize this as the future conversation in the boardrooms or public institutions? Now if we have a disorderly transition it gets worse.

I felt this report needs understanding, hence my staying to the report faithfully. I made an appeal of “I can’t get my head around this”- can anyone offer insights to counter this was a reply I made on comments provided to where I had equally posted this on the energy-central site.

Energy Central is a membership-based Professional Network serving the global electric power industry

Today I was reading a reply to this McKinsey report by Karl Burkart, Managing Director One Earth, formerly DiCaprio Foundation Dir. Science & Technology.

I reproduce this here as it challenges the work of McKinsey significantly and gives me a better framing of my concerns and shock. Continue reading →

At present the net-zero equation remains unsolved- part two outcomes and costs

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January 2022 Copyright c McKinsey & Company

The second part of my summary or part-reproduction of the McKinsey report “The Net-zero transition: what it will cost, what it can bring”

In a very extensive report, “the Net-zero transition in what it will cost and what it can bring” running to 224 pages, is produced by McKinsey Global Institute in collaboration with McKinsey Sustainability and McKinsey’s Global Energy & Materials and Advanced Industries Practices and published in January 2022.

Within this report, McKinsey outlines the Net-zero transition in one scenario-based analysis, that provides sobering but terrific value to thinking through all that is required in the net-zero transition being attempted.

I have taken here, in this second post, significant parts of their summary, their “in brief,” to amplify this work and show their summary of costs and outcomes. The first post is here. On both, I have not added any views, thoughts or comments. The only change I made was replacing “we” when referring to themselves in this report with McKinsey. Continue reading →

At present the net-zero equation remains unsolved- part one scenario limitations

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January 2022 Copyright c McKinsey & Company

In a very extensive report, “the Net-zero transition in what it will cost and what it can bring,” running to 224 pages.

This report is produced by McKinsey Global Institute in collaboration with McKinsey Sustainability and McKinsey’s Global Energy & Materials and Advanced Industries Practices and published in January 2022.

McKinsey outlines the Net-zero transition in one scenario-based analysis that provides sobering but terrific value to thinking through all that is required in the net-zero transition being attempted.

I have taken here in this post parts of their preface, executive summary and in a second post their “in brief” to amplify this work and provide the outcomes. I have not added any views, thoughts, or comments. The only change I made was replacing “we” when referring to themselves in this report with “McKinsey”. Continue reading →

How to prepare as an Energy Company for significant disruption – Thomas Kiesslings Enlit Keynote

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Thomas Kiessling, the CTO of Siemens Smart Infrastructure, provided in a keynote at the Enlit Europe event, held in Milan between 30th November to 2nd December 2021 his thoughts on how to prepare as an Energy Company for significant disruption  He outlined in twenty-odd minutes keynote his transformation list to enable this with “All of us will go through disruption and opportunity.”

When anyone argues from the start of their keynote: “that no one would dispute that the energy sector is ripe for disruption, we have to go through profound change.” Then further adding, “there is a need to transform the systems radically“, you indeed start paying attention.

Kiessling said the industry “has entered a much greater degree of uncertainty. And uncertainty needs entrepreneurs; it needs trial and error, and it needs system-scale innovation.” Continue reading →

Exploring Siemens relaunch of their next generation of Meter Data Management

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Image rights Siemens EnergyIP Mosaic®

I was looking at the changes made by Siemens on their meter data management software on their recent relaunched EnergyIP Mosaic®; their next generation of the leading EnergyIP® Meter Data Management.

“Siemens is taking its market-leading meter data management software to the next level, supporting customers to get ready for future changes to the energy system,” said Sabine Erlinghagen, CEO of Digital Grid at Siemens Smart Infrastructure.

Siemens has taken a design thinking and co-creation approach to understanding customer needs.  Siemens worked extensively with multiple customers globally to understand their exact needs when it comes to meter data management.

The relaunched MDM software focused on enhancing user-centricity

EnergyIP Mosaic® has not only changed its look and feel but opened up new efficient ways of performing tasks, providing better situational awareness for customers.  The solution has focused explicitly on workflow improvements, giving the new software a more efficient, intuitive, insightful, adaptable and ready to use sense and feel.

With the new relaunched software, users can see everything clearly on one screen through EnergyIP Mosaic’s new, modern interface that can swiftly bring together all the information you need on one screen.

This update differs significantly from the past EnergyIP Mosaic® offers a new, modern interface that swiftly brings together all the information on one screen, whereas in the past, there were requirements to open multiple tabs in the UI. Data, correlations, root causes, and other advanced functionalities are intuitive and easily understandable with interactive visualizations and shortcuts.

“EnergyIP Mosaic® lets you find what you need and understand what you see.”

Image rights Siemens EnergyIP Mosaic®

This next-generation solution offers far greater efficiency and flexibility to busy users. The modern interface is easy to learn and use, improving customer experience. Management can quickly review dashboards and data on the go using a tablet to help in any facilitation or deliver a quicker answer for actions and insights.

New capabilities of EnergyIP® MDM

A significantly increased focus on Event Data and Action Management (EDAM)

Do you want to save time by detecting anomalies automatically?
There is so much your data is telling you: the health of your hardware, safety issues, revenue loss, meter installation issues and operational issues. EDAM automatically analyses AMI data, events and interval read with multiple detection rules created by you for your business needs.

Achieving greater Business Monitoring

Do you know what is going on with your operations on a daily basis?

Remove the “black box” and increase the transparency of AMI data to make quick, confident decisions. Users can drill down to investigate data collection and quality issues, see trends and spot geographical clusters of potential service issues points. The users can quickly gain situational awareness and better visibility into data quality issues for effective resolution.

KPI’s significantly improve through this increased transparency. For instance, now it provides KPI potential for what percentage of service points have complete data from a business perspective, improving the data quality. Also built-in is the ability for KPI’s to be constructed for different ratepayer groups, customer classes, AMI systems etc.

The new software gives easier viewing, more informed data to make quicker, confident decisions from data collection and exception management to billing and data exporting, as well as monitoring of usage anomalies; you will have insight into the data and be equipped to act. The real value of providing actionable interactive dashboards for both ongoing and exception resolution handling has become a critical feature.

The availability of Software-as-a-Service is part of this relaunch

Are your critical IT personnel overloaded with maintaining an ever-changing IT landscape? The new EnergyIP Mosaic® offers three different EnergyIP Deployment Models.

So what are the different benefits and trade-offs?

The most traditional MDM model is EnergyIP MDM On-Premise. This MDM model offers the utilities a license model. As the customer, they are responsible for purchasing the licenses, storing the data and additional costs that will occur regarding maintenance updates and/or software upgrades. It is highly customizable and configurable but has its limits and cost considerations to evaluate, depending on the future business plans and the available capital.

The second option is the Hosted one; this is growing in its popularity with the increasing need for data to be stored in the Cloud. Hosted offers the customization and configuration of on-premise, but customers save space and reduce IT costs by storing data in the Cloud. Therefore, the data is NOT stored in a data centre at a customer’s physical location. It is stored in a private cloud environment that only the customer has access to.

The third option is Software-as-a-Service (SaaS) and is rapidly becoming the future for software and is now available for EnergyIP® MDM SaaS globally. EnergyIP MDM SaaS was launched in early 2021 in the United States. SaaS offers unique benefits because it is a subscription model, and data is stored on a secure but public hosted site. EnergyIP MDM SaaS uses AWS, Amazon Web Services. SaaS is lower cost and has a faster implementation time.

SaaS has all the great benefits of EnergyIP MDM.

Having available all the functionalities, SaaS provides the real option of reducing your risks, cost and complexity in a preconfigured service with Cloud-based security and regular upgrades to allow the MDM provider to focus on their core business and have a very limited IT infrastructure investment and workload pressures. This option is an all-in-one subscription. Implementation can be rapid, possibly within three months, depending on the connectivity and the existing designed communications network and its integration into any more comprehensive technology solutions planned or in use and dependencies on its interoperability and cybersecurity assessments.

Intelligence and building sustainable action capabilities

As Sabine Erlinghagen, CEO of Digital Grid at Siemens Smart Infrastructure, states: “We need intelligence – be it automation or artificial intelligence – to provide improved guidance to grid operators. Digitalization is the key enabler to make grids flexible enough to handle the rising complexity caused by an ever-increasing infeed of renewable energy and a growing share of EVs on the road while remaining resilient.

To master the new complexity, we have to turn data into knowledge and knowledge into sustainable action. With our digital technologies, we want to help utilities safeguard and even accelerate the energy transition.

We need to find better ways to use the already collected data for new purposes. For example, in the past, smart meter data was used for billing purposes only. But data collected by smart meters is extremely valuable for other processes as well.”

EnergyIP can be central to current or future add-on applications.

EnergyIP will be ready to support what customers change or try to accomplish in the future (e.g. changing rates, changing AMI infrastructure, new data privacy and cyber security regulations, exchanging IT landscape, new value add use cases.

EnergyIP Portfolio leads the market in MDM and related applications

Discover the full potential of your data beyond meter-to-cash with add on applications such as Analytics Foundation, Revenue Protection, Integration Adaptors, Low Voltage Outage Management, Advanced Device Management, Energy Engage, Prepay and Front End Processor.

Siemens sums up the result of this relaunch.

“We worked extensively with our User Advisory Board, the largest global user community dedicated exclusively to MDM, to understand their exact operational needs. EnergyIP Mosaic® has not only changed its look and feel but opened up new efficient ways of performing tasks, providing better situational awareness for customers. We’ve improved task efficiency by up to 85%, and situational assessment time has been reduced by 60%. By focusing on workflow improvements, the new software is more efficient, intuitive, insightful, and adaptable,” states Ming Ho, Senior Director of User Experience and Strategic Innovations.

Find out more on the relaunched EnergyIP Mosaic®, the next generation of the leading EnergyIP® Meter Data Management.

Image rights Siemens EnergyIP Mosaic®

So to unlock the full value of your smart metering investment, take a visit and learn more about EnergyIP®’s Metering Solutions on the Siemens site here, where you’ll find all the latest EnergyIP Metering materials, including brochures and datasheets as well as customer support information.

Siemens EnergyIP Mosaic® “lets you find what you need and understand what you see”

 

 

Not seeing the wood for the burning trees at COP26.

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We have just finished the most critical COP  meeting in Glasgow. It was the eleventh hour. For two weeks, nearly two hundred countries entered into discussions, finally agreeing on the “Glasgow Climate Pact” to keep the 1.5 degrees C target alive and finalize the outstanding elements of the Paris Agreement.

The President of the proceedings, COP26 President Alok Sharma, commented, “its pulse is weak, and it will only survive if we keep our promises and translate commitments into rapid action.”

“Keep 1.5 alive” has been a rallying cry for diplomats and activists alike at the COP26 negotiations. The phrase refers to the goal of limiting the global temperature increase to 1.5 degrees Celsius (2.7 degrees Fahrenheit) above preindustrial levels.

1.5 degrees Celsius is seen as the threshold beyond which the effects of climate change become increasingly dangerous to people and ecosystems. But scientists warn that time is running out for humanity to take the transformative steps to achieve the 1.5 goals. And according to multiple estimates, the deal negotiated in Glasgow does not bend the curve enough to get there. Continue reading →

The World Awaits, What is the Energy and Climate Outlook?

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I have been reading IEA’s World Energy Outlook 2021 (WEO), issued a month earlier in October, specifically because of the COP26 Climate Change
Conference meeting in Glasgow in a few weeks time.

This is the IEA flagship report, a 380 plus page report has for this year’s edition of the WEO been designed, exceptionally, as a guidebook to COP26.
It spells out clearly what is at stake.

This COP – short for the Conference of the Parties, the main decision-making body of the United Nations Framework Convention on Climate Change – is particularly significant. This COP session is being held between 31st October to 12th November 2021 and perhaps is the most pivotal climate meeting to date. Why?

It is the first test of the readiness of countries to submit new and more ambitious commitments under the 2015 Paris Agreement. It is also an opportunity – as the WEO-2021 states – to provide an “unmistakable signal” that accelerates the transition to clean energy worldwide.

I wanted to “lift out” of the report a few very short but essential messages provided in this report that give the essential snapshot. Continue reading →

Rethinking Energy is driven by Disruption

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Clean energy, growing the potential of Electricity – Image rights RethinkX

I have been absorbing a couple of interesting research reports from RethinkX,  an independent think tank that analyzes and forecasts the speed and scale of technology-driven disruption and its implications across society. They produce impartial, data-driven analyses that identify pivotal choices by investors, business, policy and civic leaders to stimulate thinking and promote avenues of disruptive change.

Firstly on Rethinking Climate Change on how Humanity can choose to reduce emissions 90% by 2035 through the disruption of Energy, Transportation, and Food with existing technologies.

Secondly, the Energy Report – Rethinking Energy 2020-2030 100% Solar, Wind, and Batteries is Just the Beginning states we are on the cusp of the fastest, deepest, most profound disruption of the energy sector in over a century. Like most disruptions, this one is being driven by the convergence of several key technologies.

Both of these reports are well worth the time to really read and absorb. This is some “sterling” work by  Tony Seba, James Arbib, Adam Dorr and other members of the RethinkX team.

So where do you “sit” on this report and the acceptance and realities of the proposal in time, consequences and complexity?

Continue reading →

Our current battles within the energy ecosystems

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We are currently locked into a ‘battle of energy ecosystems.’ Our very existence requires one side to win; it simply must not just survive but rebalance the planet ecosystem, the only one we have.

This current ecosystem battle is between those highly vested in today’s fossil-based energy supply system and those forcing change into a more renewable reliant energy system as quickly as possible.

We are pushing so much of the principles and theories of ecosystems to the maximum test in the outcomes we wish to achieve in the energy transition we require. We are combining technology, science, engineering and design through the network effect.

Much of what we do in the future is to find solutions that determine our future planet and what defines and achieves a healthy ecosystem in a very ad-hoc, self-determining and self-interest way. The ambitions of so many vested interests need fresh evaluations in any new socio-economic structure. Continue reading →

Making the energy transition unstoppable requires innovation at its core

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Making the energy transition unstoppable needs massive commitments of political, public, private, and societal determination.

Innovation will be at the core of all the changes we will be making in the energy transition, be they for the current interim goals of 2030 or the ultimate one of2050, in achieving a transformation to a future where we are getting towards net-zero global Co2 emissions by this mid-century

Here lies part of the problem today to believe we might achieve these net-zero targets our planet so desperately needs to achieve. Much of the solutions required have either not been invented, scaled, or even commercialized, so are we naive or realistic in 2030? Continue reading →