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Webinar Presentation - The Secret To Never Missing A Global Adjustment Peak With Remote Monitoring
Webinar Presentation - The Secret To Never Missing A Global Adjustment Peak With Remote Monitoring
Webinar Presentation - The Secret To Never Missing A Global Adjustment Peak With Remote Monitoring
March 7, 2023
10am – 11am
2
Agenda
5. Q&A
3
Know What You Pay For
Breakdown of Jan 2023 Bill
Transmission + Distribution
21%
HOEP + WMSC
33%
Global Adjustment
46%
4
ICI peaks Are Still The Most Significant Opportunity for Savings
5
Need to Anticipate the GA Amount For Next Year
Jan Feb March April May June July Aug Sept Oct Nov Dec
Opt In Period
2024 Base Period (When the 5 CP's Occur) (Mid June) Adjustment (Billing) Period
6
Global Adjustment & HOEP are Inversely Related
://www.ieso.ca/en/Power-Data/Price-Overview/Global-
Adjustment
“There is an inverse
proportionality between HOEP
and GA (i.e., generally when HOEP
is lower, GA will be elevated and
vice-versa).”
-IESO
Historical Prices – HOEP
8.00
7.00
6.00
Average Weighted HOEP (c/kWh)
5.00
4.00
3.00
2.00
1.00
0.00
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034
Projection
8
Global Adjustment Annual Cost Pool
16.0
14.0
12.0
Annual GA in $Billion
10.0
8.0
6.0
4.0
2.0
0.0
July 2014 - July July 2015 - July July 2016 - July July 2017 - July July 2018 - July July 2019 - July July 2020 - July July 2021 - July
2015 2016 2017 2018 2019 2020 2021 2022
9
Value of 1MW of Reduction During Peaks
$600,000
$569,154
$549,579
$533,361
Cost Savings from 1MW of Curtailment during Peaks
$510,874 $504,105
$495,595
$500,000
$416,030
$400,000
$324,404
$300,000
$200,000
$100,000
$0
July 2014 - July 2015 July 2015 - July 2016 July 2016 - July 2017 July 2017 - July 2018 July 2018 - July 2019 July 2019 - July 2020 July 2020 - July 2021 July 2021 - July 2022
10
Value of 1MW of Reduction During Peaks
$600,000
Cost Savings from 1MW of Curtailment during Peaks
$500,000
$400,000
$300,000
$200,000
$100,000
$0
July 2014 - July 2015 - July 2016 - July 2017 - July 2018 - July 2019 - July 2020 - July 2021 - July 2022 - July 2023 - July 2024 - July 2025 - July 2026 - July 2027 - July 2028 - July 2029 - July 2030 - July 2031 -
July 2015 July 2016 July 2017 July 2018 July 2019 July 2020 July 2021 July 2022 July 2023 July 2024 July 2025 July 2026 July 2027 July 2028 July 2029 July 2030 July 2031 July 2032
Projection
11
Agenda
5. Q&A
12
Managing ICI Peaks is still the biggest savings opportunity
Monthly
Peak
What to Curtail 21% Consumption
33%
When to Curtail
Coincident Peak
How Often to Curtail 46%
13
Understand Your Costs – ICI Program and Curtailment – What to curtail?
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When to Curtail: pTrack™
• Real time data for operational improvements, cost savings, M&V and
GHG reductions.
• Includes:
⚬ Pulse Counters
⚬ CT Meters
⚬ ModBus Converters
⚬ 3 Phase Power Meters, etc.
17
Never Miss a Coincident Peak
The combination of pTrack™ + dataTrack means you will never miss a peak for the ICI
1. Know what to curtail
2. Know when to curtail - with a high degree of accuracy
3. See curtailment effort in real-time, down to machine level
Monitor the Chance of Peak Monitor Curtailment – Facility Wide -> Asset Level
18
Never Miss a Peak
The combination of pTrack™ + dataTrack means you will never miss a peak for the ICI
$343/kW
during the
5 peaks!
19
pTrack™ + dataTrack
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Understand Your Costs – ICI Program and Curtailment – How Often to curtail?
21
Agenda
5. Q&A
22
Best Practices for Monitoring, Analyzing and Optimizing Energy Costs
1. Understand Your Costs: Have an understanding of what you’re actually paying for
2. Optimize Consumption: Decide what actions you can take, prioritize them
I. Involve Stakeholders
II. Set goals and obtain buy-in
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Beyond Global Adjustment
Breakdown of Jan 2023 Bill
Monthly
Peak
21% Consumption
33%
Coincident Peak
46%
24
KWH
January 2023
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
1
12
23
34
45
56
67
78
89
100 Monthly Peak
111
122
133
144
155
166
177
188
199
210
221
232
243
254
265
276
287
298
309
320
331
342
353
364
375
386
397
408
419
430
441
452
463
474
485
496
507
518
529
540
551
562
573
584
595
606
617
628
639
650
661
672
683
694
705
716
727
738
21%
Peak
Monthly
46%
$7,000/month of savings!
Coincident Peak
33%
Consumption
25
Consumption & HOEP
5,000 75
4,500
65
4,000
55
3,500
HOURLY CONSUMPTION
3,000
45 5 – 15% savings on
HOEP PRICE
2,500 35 HOEP by changing
WHEN HOEP is
2,000
25
1,500
CONSUMED
15
1,000
5
500
0 -5
17
25
33
41
49
57
65
73
81
89
97
1
9
105
113
121
129
137
145
153
161
169
177
185
193
201
209
26
Consumption & HOEP
Final Summary
1. From 2016 – 2020 managing ICI was the primary way to manage
energy costs
2. Due to regulatory and macroeconomic factors, HOEP is increasing
while ICI is low
3. This will not be the case for long
4. Managing HOEP, ICI and Monthly Peaks is now the main way to
maintain savings
28
Agenda
5. Q&A
29
Agenda
5. Q&A
30
Webinar: The Secret to Never Missing a Global Adjustment
Peak With Remote Monitoring
Thank you
www.EdgecomEnergy.ca
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