Online Masterclass: Capturing the Value of Demand Response

Join this Masterclass and discover how demand response is working successfully all over the world and has the potential to effect significant change in the Australian energy market.

Powerlines

As we enter a new decade of Australia's energy transition, training and professional development in the energy management sector have never been more important. And with the expectation of a final determination on the Wholesale Demand Response Mechanism from the Australian Energy Market Commission (AEMC) in June, there's no better time to undertake this masterclass.

Developed exclusively for the Energy Efficiency Council, join this Masterclass and discover how demand response is working successfully all over the world and has the potential to effect significant change in the Australian energy market.

Delivered in an online classroom over two half-days, this course enables the EEC to provide attendees with a timely update on the business opportunities opened up by the proposed wholesale demand response rule change, and to invite local and international subject matter experts to talk to the class out their DR experience, and to inform the class of lessons learned for the future trajectory of demand response here in Australia.

Get ahead of the announcements and be ready to capture the opportunities presented by demand response - register now for this timely training.

Videoconference: Zoom
Trainer: Bruce Rowse
Participants: 17 class members (max)
CPD: 8 contact hours (approx 1.6 AEE credits); the certificate of completion will be emailed to you after the course.
Registrations close: 28 August 2020
Standard: $490 + GST
EEC Member: $360 + GST
Payment: By credit card at the time of registration

Day 1 - Tuesday 15 September 2020

Session 1: 10.00-12.00PM (please be online by 9.45AM to ensure a prompt start)

Break: 12.00-12.30PM

Session 2: 12.30-2.30PM
Includes a presentation from the Council's Head of Policy, Rob Murray-Leach

Day 2 - Wednesday 16 September 2020

Session 1: 10.00-12.00PM (please be online by 9.45AM to ensure a prompt start)
Includes a presentation from subject matter expert Michael Zammit

Break: 12.00-12.30PM

Session 2: 12.30-2.30PM

ABOUT MASTERCLASS: CAPTURING THE VALUE OF DEMAND RESPONSE

Demand response enables energy users to manage costs behind the meter, while also being an increasingly important tool for improving the affordability and reliability of Australia’s electricity system. And as Australia’s energy market transforms, the ability of energy users to rapidly adjust their energy use to adapt to changes in the energy system is only becoming more valuable.

In this practical masterclass, you’ll learn about:

  • The benefits of demand response for businesses and the broader energy system;
  • Different value propositions and business models for demand response;
  • How to leverage existing and emerging technologies to facilitate demand response; and
  • Rapidly evolving opportunities to create new revenue streams for businesses by selling demand response in energy markets.

LEARNING OBJECTIVES

  • The knowledge of what demand is and its drivers;
  • The skill to identify demand costs and calculate the financial benefit of demand reduction for an individual site based on the site’s electricity tariff;
  • The additional benefit that may be possible by selling demand response;
  • The skill to shift and reduce demand at a site;
  • An understanding of the Australian energy markets and how to sell demand response into those markets, including the pros and cons of selling directly or via aggregators;
  • An understanding of the emerging opportunity for demand response to help in managing the intermittency of renewables;
  • Knowledge of how to use spreadsheets to analyse demand, using by site interval data and Australian Energy Market Operator (AEMO) data; and
  • An understanding of the practical application of demand response in Australia and around the world.

WHO SHOULD ATTEND?

  • An experienced energy efficiency engineer or a consultant looking to assist their customers in engaging in demand response opportunities;
  • An energy manager with a good understanding of energy efficiency principles; and
  • A utilities employee looking to engage energy professionals and energy managers in demand response.
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