Unleashing the benefits of data for energy systems Analysis – IEA

Policy makers can create regulatory environments that help maximise data use,allowing power systems to reap fuller benefits.

First, regulations should ensure that consumer have easy access to their data and can share it with third parties. Setting general principles is not enough. A recent study mapping access to smart meter data in Europe shows that while European regulations give consumers the right to access and share their data, administrative and technical barriers often limit consistent access: poorly defined and documented procedures, lack of a legally responsible party to create a unified access point, insufficient APIs (application programming interfaces) for automatically connecting to datasets, and inadequate standards for interoperability. Removing these barriers is crucial for ensuring seamless sharing between various stakeholders, for instance, a grid operator who collects smart meter data, and a supplier that will use it to provide tailored advice its consumers. Policymakers wanting to reap the benefits of digitalisation should adopt regulations that effectively ensure data availability. A focus on implementation will be crucial to unleash the power of data for power systems.

Second, there is a need to ensure demand-response readiness, i.e., appliances that can send, receive, and share data on standardised protocols that all relevant objects can understand, regardless of their maker. Companies might naturally prefer to use proprietary interfaces, though this risks making connections to other systems, or from new external stakeholders, more complex or costly.

Many countries are already starting to implement such policies. The United Kingdom is considering mandating that larger domestic-scale appliances, including private Electric Vehicle charging points, batteries, heat pumps, storage heaters and heat batteries, are interoperable with flexibility service providers.The European Union's planned Smart Readiness Indicator is intended to quantify the energy flexibility capability of buildings, and represent it in a meaningful way for stakeholders.More policies regulating demand-response readiness, informing consumers and incentivising demand-ready appliance could help bring these new sources of flexibility to power systems.

The IEA will continue to work with countries around the world to help identify the best policy tools to improve data environment for power systems

From 6-8 June the 8th Annual Global Conference on Energy Efficiency will be held in Paris, hosted by French Minister of Energy Transition, Agns Pannier-Runacher and IEA Executive Director, Dr Fatih Birol, in partnership with Schneider Electric.

During a special event on 6 June Powering the Future: Leveraging digitalisation for whole system efficiency the IEA will launch the Digital Demand-Driven Electricity Networks (3DEN) Initiative's first flagship report on Unlocking smart grid opportunities in Emerging Markets and Developing Economies.

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Unleashing the benefits of data for energy systems Analysis - IEA