Relyum participates in the Energy Cluster’s Working Group on Digital Business Models for Electricity Grids

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Relyum participates in the Energy Cluster’s Working Group on Digital Business Models for Electricity Grids

This group was formed in January 2020 with the participation of i-DE (Iberdrola Distribución Eléctrica), Arteche, Ariadna Grid, Ingeteam Merytronic, Ormazabal, Schneider Electric and ZIV, apart from RELYUM.

The aims of the group are to define and propose profitable, sustainable business models for the designers of digital products and solutions for smart grids, as well as to position its members in relation to the optimum payment formulas for hardware, firmware and software elements, aligning with the requirements of electricity distributors and concording with the proposed business models.

Over the past months, the group, backed by Deloitte, has analysed the implications of the current payment model and identified a series of families of digital solutions for which the group intends to formulate technical and financial reports, following the EC and Electric Power Research Institute (EPRI) guidelines for conducting a cost-benefit analysis on certain electricity sector solutions.

At its meeting of 3 July last, the working group participants reviewed developments to date and concluded the first phase of the activity, as well as defining the families of solutions on which their analysis will focus over the coming weeks.

The results of this detailed analysis will be discussed with key electricity sector stakeholders, both public (CNMC and other regulators) and private (distribution operators and electricity associations), in the form of new proposals for improving payment mechanisms for digital technologies and solutions being developed and brought to market by the group members.

By | 2021-05-10T10:51:38+02:00 May 3rd, 2021|Collaborations, Network, Relyum, Technology|0 Comments

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