CGC All you ever wanted to know about the electricity crisis 3 Major issues to discuss • What is the nature of the crisis and how long can we expect to endure it? • What will be the major impact of the crisis? • What opportunities does the crisis present? System Status Terms Balancing Supply & Demand The Load Reduction Process About Load Shedding So what can be worse than load shedding? Electricity Price Path 100 90 80 70 60 c/kWh 50 40 30 20 10 0 Tariff Determination Basics So what do these 2 impacts mean? • Fundamentally altered how organisations and consumers are planning for energy security; • Massive increases in electricity pricing has meant more and disposable income is going toward electricity or resulting in non payment; • Electricity prices are now more expensive that self generation options • As demand falls away through increasing self generation prices have to rise further meaning more demand decline; Consequence is a fundamentally different energy system • Consumers Become Energy Producers • Generation Becomes More Flexible • T & D Becomes More Controllable and Resilient • Loads Become More Interactive and Dynamic What’s in it for me? • The crisis is very different from 2008 – this is a much longer term issue • You can’t have a digital strategy without including energy security strategy • You need to consider the impact of lack of electricity will have on consumer’s access to platforms and how pricing for electricity will have on incomes • Time is here to drive the transition to a renewable energy future.
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