The Official Birth of the EU DSO Entity - Global Smart Energy Federation

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The Official Birth of the EU DSO Entity - Global Smart Energy Federation
NEWSLETTER
                               e
       Global Smart Energy Federation
   Formerly known as Global Smart Grid Federation
                                                                                                                                     May 2021

 The Official Birth of the EU DSO Entity
 On 8 June 2021, the long-awaited official launch of the EU DSO Entity took place. E.DSO
 members experienced a prestigious momentum by attending the constitutive General
 Assembly and the first meeting of Board of Directors and constituting its governance along
                                                                                                  Table of Contents
 with various organisation aspects.
                                                                                                   Page    News Topic
 The launch of the Entity is a remarkable achievement for the four electricity DSO Associations
 (CEDEC, E.DSO, Eurelectric and GEODE) that have been working intensively in the past                 1    Cover Story: The Official Birth of the EU DSO
                                                                                                           Entity
 couple of years towards its creation. It has been challenging since there are around 2500
 DSOs in Europe with different sizes, missions, models, and issues. Despite these challenges,        3-5   Stories across the Globe on Smart Grids:
 today the Entity represents a tremendous success and a historic step forward for whole
                                                                                                           • South Korea reveals plans for offshore wind
 electric power distribution system industry.
                                                                                                             farm
                                                                                                           • Dancing Robot Set to Help Energy Sector

                                                                                                     6-8   Member Updates:
                                                                                                           • LEED and PEER Synergies – enhancing
                                                                                                             building, power system, community
                                                                                                             resilience, and reducing emissions
                                                                                                           • What Technological Choices Should Be
                                                                                                             Made To Advance Electrification In Africa?
                                                                                                           • Welcoming EPRI

                                                                                                    9-10   GSEF Updates:
                                                                                                           “Karmic” Utilities: A Future Possibility

                                                                                                     10    Smart Grid Events
                                                                                                     11    GSEF at a Glance

 The Entity will provide a platform of cooperation between all the electricity DSOs will be
 responsible for essential matters such as promoting operation and planning of distribution
 networks in coordination with the operation and planning of transmission networks,
 facilitating the integration of renewable energy resources, and contributing to the
 digitalisation of distribution systems including deployment of smart grids and intelligent
 metering systems. Additionally, it will be an important interlocutor and cooperate on an
 equal footing with ENTSO-E on the monitoring of implementation of the network codes
 and guidelines adopted pursuant which are relevant to the operation and planning
 of distribution grids and the coordinated operation of the transmission networks and
 distribution networks.

Copyright@GSEF 2021
The Official Birth of the EU DSO Entity - Global Smart Energy Federation
Johan Mörnstam (E.ON Group) was elected one of the Vice President for the category representing the DSOs over 1 million connected
customers of the EU DSO Entity.
All the efforts made in recent years to give institutional voice to all DSOs and strengthen cooperation with TSOs at the European level are
worthwhile. E.DSO is proud to have participated in this entire process. Now the real game begins. Welcome EU DSO Entity!
E.DSO Website: https://www.eudsoentity.eu/
Article contributed by Marc Boillot, GSEF Ambassador for Europe and Africa

                                                                          Deep Dive Workshop on
                                                               BLOCKCHAIN INNOVATION
                                                                  AND ADOPTION IN
                                                                  ELECTRIC UTILITIES
                                                                                ORGANIZER         PARTNER

              NEW WEBEX LINK FOR REGISTRATION - http://ow.ly/YrkI30rKmFi

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                                                                                                                            Global Smart Energy Federation
                                                                                                                              Formerly known as
02 | Newsletter | May | 2021                                                                                              Global Smart Grid Federation
The Official Birth of the EU DSO Entity - Global Smart Energy Federation
Global Stories on Smart Grid
South Korea reveals plans for Offshore Wind Farm

The project would require USD 32.8 billion and would create 210,000 jobs in the region

The government of South Korea has revealed its plans to build a 6 GW offshore wind farm off the coast of Ulsan by 2030. The power plant
is expected to produce 84,000 tonnes a year of clean hydrogen, enough to power 5.76 million homes in South Korea. It will also offset 9.3
tonnes of carbon emissions a year. Earlier, the Korea National Oil Corporation completed a preliminary feasibility study for the 200 MW
Donghae-1 floating offshore wind project located off the south-eastern port of Ulsan in South Korea. Construction is expected to start in
2022 and the project could be commissioned in 2026.

                                                                                                           Read More: https://bit.ly/3i1hnQB

Chile to track Renewable Energy for Copper Mining on Blockchain

Chile’s National Electricity Coordinator (CEN) is developing a blockchain platform that will be used to trace renewable energy usage in
copper production. The Renova initiative is not limited to copper and aims to provide Renewable Energy traceability and a log of all the
country’s Renewable Energy resources.

There is a growing demand in the mining industry for more transparent and environmentally-friendly practices, and companies are
looking at renewable energy as a solution to mitigate the environmental impacts of copper mining. The renewable energy sector is
growing at a fast pace in Chile. Nevertheless, selling duplicate contracts or accounting for the same renewable energy certificate twice
are still common occurrences.

                                                                                                            Read More: https://bit.ly/2Ro8vty

European Commission approves Polish scheme to support Offshore Wind Farms

The scheme has a total maximum budget of 22.5 billion euro and will run until 2030

The European Commission has approved, under EU State aid rules, Polish scheme to support offshore wind technology. The measure will
help Poland reach its renewable energy targets without unduly distorting competition. The aid will be granted in the form of a two-way
contract-for-difference premium, during 25 years, but only up to 100,000 full load hours per MW of installed capacity. Under this model,
this variable premium is calculated as the difference between the reference price and the market price for electricity. The scheme will roll
out in two phases.

                                                                                                           Read More: https://bit.ly/34qRFgz

Smart Grid Community in Development in Ontario

The Altona Towns development is being constructed as Canada’s first nested microgrid with a full-scale smart residential energy system.
The project, which has been under development for four years, is designed to test next-generation technologies that can turn electricity
distribution systems into modern, digitally-enabled grids. The community includes rooftop solar, lithium-ion battery energy storage,
electric vehicle charging stations, a smart metering system for community use and an integrated distribution energy service platform to
control and coordinate the components of the microgrid.

                                                                    Read More: https://www.indiasmartgrid.org/viewnews.php?id=5117

                                                                          Deep Dive Workshop on
                                                         Artificial Intelligence and
                                                        Robotics for Electric Utilities
                                                           15        June
                                                                     2021
                                                                          ORGANIZER
                                                                                      17:30 – 19:00 (India Time)
                                                                                      20:00 - 21:30 (Manila Time)
                                                                                                       PARTNER
                                                                                                                       On Digital
                                                                                                                       Platform

             NEW WEBEX LINK FOR REGISTRATION- http://ow.ly/4Pom30rKmFp

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                                                                                                                               Global Smart Energy Federation
                                                                                                                                 Formerly known as
02 | Newsletter | May | 2021
03                                                                                                                           Global Smart Grid Federation
The Official Birth of the EU DSO Entity - Global Smart Energy Federation
Global Stories on Smart Grid
Fastned and Tesla tie up to Establish Electric Vehicle (EV) Charging Superhub in England

Key Highlights: 10 Fastned charging stations will be able to charge EVs simultaneously at rates allowing drivers to add up to 300 miles
(482.8 km) of range in 20 minutes.

Dutch charging infrastructure company Fastned has teamed up with Tesla to build EV charging stations in Oxford, England. The hub of
38 charging stations, will include 26 ultra-rapid chargers from Fastned and Tesla, with additional AC chargers from Spain’s Wenea, and is
scheduled to open at the end of 2021. The initial 10 Fastned charging stations will be able to charge EVs simultaneously at rates allowing
drivers to add up to 300 miles (482.8 km) of range in 20 minutes. The hub will be Europe’s most powerful EV charging hub with up to 10
MW of power available for future expansion. Delivering 100% renewable energy to EV drivers’ day and night, it will also be the Britain’s
largest public EV charging hub.

                                                                                                         Read More: https://bit.ly/3fDU7p2

National Grid U.K. Announces World’s First Large-Scale Use of Power Flow Technology

Key Highlights: The NGET is installing SmartValve on five circuits at three of its substation sites in the North of England, which makes 500
MW of new network capacity available in each region.

National Grid Electricity Transmission (NGET) is using transformational technology to unlock 1.5GW of network capacity enough
renewable energy to power one million homes to supporting the United Kingdom’s net-zero ambitions. As power grids become more
intelligent, digital and controllable, the NGET is using SmartValve, a cutting-edge modular power flow control technology, to drive this
transition. The NGET is installing SmartValve on five circuits at three of its substation sites in the North of England, which makes 500
MW of new network capacity available in each region. This technology will help to decarbonize the U.K. electricity grid by allowing
greater volumes of renewable power to be efficiently transferred to customers. As more renewable generation comes onto the network,
depending on the weather, power flows change and circuits become unequally loaded, meaning some circuits reach maximum capacity
while others are still well below their limits. Installing modular power flow controllers at these sites allows the NGET to provide National
Grid’s Electricity System Operator with the tools to quickly reduce the congestion that limits renewable generation, with minimal impact
on communities and the environment.

                                                                                                           Read More: https://bit.ly/3fJIM71

World’s First EV-Charging Highway Trial to Start in Italy

Key Highlights: The highway will recharge EVs as they drive using copper coils on the side of the road to transfer energy straight to the
batteries of EVs via magnetic induction.

Israeli company ElectReon Wireless is building a 1km stretch of EV charging highway, between Milan and Brescia in Italy, to test the
technology for widespread adoption. During the trial, the highway will recharge EVs as they drive using copper coils on the side of the
road to transfer energy straight to the batteries of EVs via magnetic induction. The 1km stretch of highway will have copper coils installed
under the asphalt, as well as a control unit located on the side of the road. ElectReon recently opened its first electric road, which charges
cars and trucks on a 1.9-km route between Stockholm Arlanda airport and a logistics site in Sweden.

                                                                                                          Read More: https://bit.ly/3wuElUa

              ORGANIZER                                                                                         PARTNERS

                                                   Deep Dive Workshop on
          SUSTAINABLE AIR CONDITIONING WITH DISTRICT COOLING SYSTEMS
                                16 June 2021 | 17:30 – 19:00 (India) | 20:00 – 21:30 (Manila)

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                                                                                                                               Global Smart Energy Federation
                                                                                                                                 Formerly known as
04 | Newsletter | May | 2021                                                                                                 Global Smart Grid Federation
The Official Birth of the EU DSO Entity - Global Smart Energy Federation
Global Stories on Smart Grid
DOE Announces Up to $8.25 Billion in Loans to Enhance Electrical Transmission Nationwide

Key Highlights: To modernize the nation’s power grid and infrastructure and deliver 100% clean energy to businesses and homeowners
by 2035

In support of the Biden Administration’s commitment to modernize the nation’s power grid and infrastructure and deliver 100% clean
energy to businesses and homeowners by 2035, the U.S. Department of Energy (DOE) announced the availability of up to $8.25 billion
in loans from its Loan Programs Office (LPO) and the Western Area Power Administration (WAPA) for efforts to expand and improve the
nation’s transmission grid. DOE is making financing available for projects that improve resilience and expand transmission capacity across
the electrical grid. As DOE joins federal efforts to increase the grid’s renewable energy capacity such as the plan announced to add 30 GW
of offshore wind energy by 2030.

                                                                                                        Read More: https://bit.ly/3vglsUY

Artificial Intelligence enables Smart Control and Fair Sharing of Resources in Energy Communities

Energy communities will play a key role in building the more decentralized, less carbon intensive, and fairer energy systems of the future.
Such communities enable local prosumers (consumers with own generation and storage) to generate, store and trade energy with each
other—using locally owned assets, such as wind turbines, rooftop solar panels and batteries. In turn, this enables the community to use
more locally generated renewable generation, and shifts the market power from large utility companies to individual prosumers.

A paper recently published in Applied Energy by researchers from the Smart Systems Group (SSG) at Heriot-Watt University in Edinburgh,
Scotland (UK), has shown that tools from distributed AI (specifically multi-agent systems) and cooperative game theory can be efficiently
used to answer these questions.

                                                                                                       Read more: https://bit.ly/3gbY5Fw

Dancing Robot Set to Help Energy Sector

A robot made famous by dancing on YouTube is set to help save lives and cut carbon dioxide emissions by supporting hazardous
environment research at the National Robotarium, Heriot-Watt University has announced.

Experts at the National Robotarium, which is based at the university, will use the new hardware to carry out research into how robots can
support humans in hazardous environments like offshore energy inspection and disaster recovery, Heriot-Watt noted.

The robot will be fitted with ‘telexistence’ technology, which lets humans experience an environment without being there, using devices
like microphones and cameras to relay sounds and videos, the university highlighted. The $84,810 (GBP 60,000) robot is part of the ‘Spot’
range created by Boston Dynamics.

                                                                                                       Read more: https://bit.ly/34NsQvw

               ORGANIZER                 PARTNERS

                                                                            Deep Dive Workshop on
                                                                ELECTRIC COOKING
                                                                     THE WAY FORWARD
                                                           17       June
                                                                    2021
                                                                                  17:30 – 19:00 (India Time)
                                                                                  20:00 - 21:30 (Manila Time)
                                                                                                                   On Digital
                                                                                                                   Platform

            NEW WEBEX LINK FOR REGISTRATION - http://ow.ly/571i30rKn2W

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                                                                                                                            Global Smart Energy Federation
                                                                                                                              Formerly known as
05 | Newsletter | May | 2021                                                                                              Global Smart Grid Federation
The Official Birth of the EU DSO Entity - Global Smart Energy Federation
Member Updates
LEED AND PEER SYNERGIES – ENHANCING BUILDING, POWER
SYSTEM, COMMUNITY RESILIENCE AND REDUCING EMISSIONS

The sector accounts for 38% of all energy-related CO2 emissions when adding building construction industry emissions Direct building
CO2 emissions need to halve by 2030 to get on track for net zero carbon building stock by 2050. GBCI (Green Business Certification Inc.)
through its LEED (Leadership in Energy and Environmental Design) and PEER (Performance Excellence in Electricity Renewal) rating
systems are in a mission to address it. While LEED focus on reducing building sector emission, PEER focus on reducing emissions from
power sector. Further, with natural disasters on increasing trend, buildings need to be resilient and must have reliable power infrastructure
for business continuity and avoid any unforeseen losses.

Towards this direction, in addressing the global challenge and provide industry stakeholders opportunity for their efforts on net-zero
carbon, clean energy adoption, USGBC and GBCI programs were developed. Such initiatives aim to drive environmental, economic, and
social transformation in buildings and beyond. A key part of this work is advancing reliability and resilience strategies in power and
electrical systems. The next generation of green building will operate a wide range of distributed energy resources and microgrids that
will make buildings more valuable resources to our power grids. PEER is a leadership standard that focuses on improving power system
performance and electricity infrastructure. PEER’s focus on resilience and power reliability aims to improve global grid modernization
efforts and to inspire, influence, and enable the energy sector to truly build a robust 21st century infrastructure. LEED is the most widely
used green building rating system in the world and an international symbol of excellence in green building. LEED certification ensures
electricity cost savings, lower carbon emissions and healthier environments for the places we live, work, learn, and play.

To communicate the benefits of buildings that are smart, reliable, and sustainable and demonstrating the concepts of Grid-Interactive
Efficient Buildings in the market, their best practices. GBCI released a PEER and LEED Synergies guidance document, which provides a
detailed list of LEED credits that can also apply towards earning PEER certification. The guidance also highlights PEER credits which may
contribute to projects pursuing LEED certification.

Read the Peer and Leed Synergies Report

PEER and LEED are complementary and can be used independently or in tandem. GBCI’s updated synergies document provides detailed
guidance on how LEED project can benefit if it is located within a PEER project boundary and similarly how a PEER project can benefit
when it is located within a LEED project boundary. Further, the synergies document includes the case study of the University of Texas at
Austin demonstrating how a LEED project located within the PEER certified boundary was able to achieve additional points towards LEED
by utilizing the LEED EA Pilot Credit – District Energy System.

Learn more from the LEED and PEER Synergies document on how LEED and PEER can be applied together to transform the power sector
and enhance community and building level resilience globally.

Link to Read: https://www.gbci.org/leed-and-peer-synergies-%E2%80%93-enhancing-building-power-system-and-community-
resilience

Article contributed by Ishaq Sulthan, Associate Director, GBCI India

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                                                                                                                              Global Smart Energy Federation
                                                                                                                                Formerly known as
06 | Newsletter | May | 2021                                                                                                Global Smart Grid Federation
The Official Birth of the EU DSO Entity - Global Smart Energy Federation
Member Updates
ELECTRIC POWER RESEARCH INSTITUTE (EPRI)

Welcoming EPRI:

We are pleased to Welcome of Electric Power Research Institute (EPRI) as an Associate Member of GSEF

The Electric Power Research Institute, Inc. (EPRI) conducts research and development relating to the generation, delivery,
and use of electricity for the benefit of the public. As an independent, non-profit organization, EPRI brings together its
scientists and engineers to collaborate with experts in academia and industry to address challenges in electricity. These
challenges include reliability, efficiency, affordability, health, safety, and the environment. EPRI also provides technology,
policy, and economic analyses to drive long-range research and development planning. It supports research in emerging
technologies, and uses objective research and resulting insights to inform policy makers and regulators in areas related to
an integrated energy network. EPRI members represent 90% of the electricity generated and delivered in the United States
with international participation extending to 40 countries.

Apart from leveraging the intellectual capital of smart energy stakeholders from around the world, the collaboration
between GSEF & EPRI will facilitate the expertise and experience in electric grid modernization to accelerate energy
transition all around the world.

We believe that the joining of EPRI to the GSEF family will be mutually rewarding and will contribute towards a smarter and
cleaner world.

For more information you can visit www.epri.com

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                                                                                                                 Global Smart Energy Federation
                                                                                                                   Formerly known as
07 | Newsletter | May | 2021                                                                                   Global Smart Grid Federation
The Official Birth of the EU DSO Entity - Global Smart Energy Federation
Member Updates
WHAT TECHNOLOGICAL CHOICES SHOULD BE MADE TO
ADVANCE ELECTRIFICATION IN AFRICA?

West African countries have set ambitious goals to extend energy access to their entire territory, while 75% of the world’s unconnected
households are located in Africa. But in areas far from the central network, where populations are often dispersed over great distances,
achieving electrification projects at acceptable costs remains an immense challenge. 530 million people on the continent are concerned.
What technological choices should be made to improve access to electricity, and on the basis of what criteria? This was the topic of
the webinar organized by Think Smartgrids on 19th May, 2021 in partnership with the French Energy Regulatory Commission and the
network of French-speaking regulators RegulaE.Fr.

From individual electrification solutions to central grid extension, a diversity of solutions

The extension of national grids has long been the reference model for electrification in Sub-Saharan Africa. However, this long and costly
process is not always the most appropriate in regions far from the central grid with low population densities. Development agencies,
regulators and African governments are increasingly turning to microgrid solutions to ensure access to electricity in remote villages.
Microgrids have the advantage of being able to be installed and commissioned quickly, at an increasingly affordable cost.

RegulaE.Fr, a network for the exchange of best practices and mutual cooperation between French-speaking regulators, is taking a close
interest in the subject. This network aims on the one hand to meet the challenges of economic development through improved access
to energy, and on the other hand to better disseminate the principles of energy regulation in French-speaking countries, as well as the
technologies that will accompany their energy transition. Microgrids are a good example: developed in France, particularly in island
territories, they can also provide concrete solutions to electrification needs in isolated African territories.

Webinar available on demand: https://app.livestorm.co/think-smartgrids/du-microgrid-a-lextension-du-reseau-central-quelle-solution-
adopter?type=detailed

Read More : https://www.thinksmartgrids.fr/en/actualites/technological-choices-to-advance-electrification-in-africa

Article contributed by Think Smartgrids

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                                                                                                                           Global Smart Energy Federation
                                                                                                                             Formerly known as
08 | Newsletter | May | 2021                                                                                             Global Smart Grid Federation
The Official Birth of the EU DSO Entity - Global Smart Energy Federation
GSEF Smart Grid Editorials
“KARMIC” UTILITIES: A FUTURE POSSIBILITY

Science, business and philosophy reside in different schools and intersect only when it must. While
the first two intersect more often, the third remains relatively isolated on its own. Business schools
teach “organizational behaviour”, but there is no business discipline that studies “chronic problem
management” for business continuity. Thus, the cause and effect of chronic problems, gets defined
only within the disciplines of philosophy. One such is the “karma” philosophy (“as you sow, so you
reap”). It comes to the fore during disasters, only to be quickly forgotten, once normalcy returns.

Businesses also classify their problems. Acute (severe) short-term problems are dealt-with quickly,
while chronic (persistent) long-term problems, get relegated as policy fixes (government’s problem).
The business adage is that as long as a policy regime is stable (however bad), the business risk is
known and hence manageable. However, chronic problems due to long-term neglect, often become cumulative (grow/recur/spread)
over time. They find strange ways to impact lives and businesses. The current chronic tally - poverty, pollution and climate change - are
good examples.

The global utility sector is no exception. Its business construct includes considerations such as (a) regulated monopoly vs market
competition; (b) core vs. non-essential; and (c) govt. vs. private control. De-risking is often achieved by opening more elements in the value
chain to competition. The premise is that, commercial contracts with prudent market rules, sustain themselves in a modern economy.
Thus, periodic changes in policies/regulations are examined by applying “stress tests” to the utility model.

This brings us to examine the critical roles that utilities (electricity, water, gas, heat/cool) play during a chronic crisis. Till date, chronic
weather-related outages appear to be the only one. In my view, there are several others emerging that will impact our distribution
utilities. These additional chronic problems will revolve around customer dissatisfaction/affordability, inadequate network capacity,
escalating service costs and frequent service disruptions. This is already in the making and like all chronic problems, remains disparate
and disconnected for now. A few highlights are given below:

1.   Climate change and renewables is causing rapid transformations in last-mile electric utilization (heating, cooking, transport) thanks
     to falling prices in hybrid plug-and-play solutions (PV, ESS, EV). This will be disruptive to utilities operations unless investments are
     made on both sides of the meter.

2.   Rising energy demand due to urban growth and lifestyle choices will become a problem particularly in developing countries
     (limited space and capacity). The warmer countries will see a 5-7% annual growth in residential air-conditioner use causing night
     peaks.

3.   Multitude frequent disruptions due to extreme weather, un-coordinated EV charging, degraded power quality, aging and
     overloaded assets will warrant prompt and repeated field attention. Technology investments alone will not be adequate and will
     require close field-service presence for prompt attention.

4.   Rising cost of service (higher tariffs) will emerge as a result the above factors, new investments, accelerated depreciation of digital
     assets and higher borrowing costs. The potential delay in the timely regulatory treatment (below) will warrant additional financial
     risk premiums.

5.   Less responsive regulation due to the above rapid changes is a distinct possibility. Conflicting policy directions, public protest
     to rising costs/affordability, and more complex cost-benefit analysis, could lead to delayed rulings. The typical fixed multi-year
     regulatory cycle will likely be disrupted and may need to be augmented with frequent “issue-based” interim rulings.

Any and all of the above chronic scenarios will impact a utility’s business model significantly. Massive network overhaul is neither possible
nor affordable. Major tectonic shifts need to take place to meet this eventuality The following (in my view) will be the significant impacts
on the utility sector:

1.   New regulatory model. The current cost-of-service regulation will likely be replaced by an affordability-based price-capped regulation
     (much like capped property tax increases). To meet customer expectations, the utility will be allowed to extend their service behind
     the meter. Pay-as-you-go will likely be the transactional norm leading to the “re-merger” of carriage and content charges.

2.   Serve or perish. The plug-and-play hybrid technologies (PV, ESS, Chargers) empowers the customer today to deploy them. If thwarted,
     many will install them without utility consent. It is in the utility’s best interest to capture this service value and stay ahead of this
     curve even if it reduces their energy revenues. Such offering will include not just technology choices, but financing options as well.

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                                                                                                                                 Global Smart Energy Federation
                                                                                                                                   Formerly known as
09 | Newsletter | May | 2021                                                                                                   Global Smart Grid Federation
The Official Birth of the EU DSO Entity - Global Smart Energy Federation
3.   More outsourcing. To lower operational costs and financial risks, many elements in the utility’s service chain will need to be outsourced.
     Such areas include IT, telecom, call center, bill production, simple maintenance and back-office corporate functions. The utility will
     focus only on its value-added areas such as breakdown maintenance, operations, customer service and planning functions. A new
     and much leaner customer-facing services organization will emerge.

4.   Increased financial leverage. The need for customer financing, grid upgrades and outage services together with delayed regulatory
     recoveries and higher account receivables, will impose a higher financial leverage on the balance sheet. Efficient capital management
     will become critical for survival. The utility will need sophisticated risk management tools and partnerships with non-banking
     financial institutions (NBFI) to manage this leveraged capital structure.

Several of these chronic issues (higher tariffs, frequent weather interruptions, rising demand) have been building up in the last 10 years in
both the developed and developing countries. Customer patience towards low-cost options and rising tariffs is wearing thin. With PV at
4 cents/kwh, it is difficult to socialize grid power at 15-20 cents/kwh whatever the rationale may be for this.

There is still time for utilities and regulators to become proactive in solving some of the above issues and avoiding them coming all at
once. It will call for major adjustments all around with financial setbacks for utilities in the short-term. In closing, utilities in many ways
serve a “karmic” public function and it would be strategic to share their purpose/efforts with their customers’ prosperity for long-term
mutual benefits. As the old saying goes, “Come willingly now or be dragged forcibly later”.

Article contributed by Ravi Seethapathy, GSEF Ambassador for Americas

Smart Grid Events
14 – 18 June 2021: Asia Clean Energy Forum (ACEF)                        17 – 18 June 2021: International Istanbul Smart
by Asian Development Bank, Manila                                        Grids and Cities Congress and Expo (ICSG), Istanbul
https://www.asiacleanenergyforum.org/home-2021/                          https://icsgistanbul.com/

21 – 25 August 2021: CIGRE, Paris                                        20 – 23 September 2021: CIRED, Geneva
https://www.cigre-exhibition.com/                                        https://www.cired2021.org/

                                                                         06 – 07 October 2021: Innovation for Cool Earth
06 -08 October 2021: EM Power Europe
                                                                         Forum (ICEF), Tokyo
https://www.em-power.eu/home
                                                                         https://www.icef-forum.org/

10 - 12 October 2021: Turkey Energy Summit                               25 – 29 October 2021: Singapore International
http://turkeyenergysummit.com/en/                                        Energy Week
                                                                         https://www.siew.gov.sg/

30 Nov – 02 Dec 2021: Enlit Europe, Milan                                03 – 05 November 2021: 14th International Energy
(formerly known as European Utility Week)                                Congress and Expo
https://www.enlit-europe.com/                                            https://www.worldenergy-congress.com/

26 - 28 January 2022: DISTRIBUTECH International
https://www.distributech.com/event-information

Disclaimer: This information is from the public domain. GSEF does not hold any responsibility for the information provided in this
section.

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                                                                                                                                Global Smart Energy Federation
                                                                                                                                  Formerly known as
10 | Newsletter | May | 2021                                                                                                  Global Smart Grid Federation
GSEF at a glance
Charter Members

    Think Smart Grids            India Smart Grid         Korea Smart Grid         Prakarsa Jaringan            GridWise Alliance
                                      Forum              Association (KSGA)      Cerdas Indonesia (PJCI)

Regular Members

    Smart Grid Mexico                 Japan Smart Community Alliance

Utility Members

Electricity Generating             Electricity Supply       EDM Mozambique                 Tenaga Nasional              European Distribution
Authority of Thailand            Commission of South                                        Berhad (TNB)              System Operators (E.DSO)
        (EGAT)                      Africa (ESKOM)                                            Malaysia

    Botswana Power Corporation

Associate Members

    Green Business              Florence School of      Energy BlockChain          Caribbean Electric Utility         Electric Power Research
    Certification Inc.           Regulation (FSR)          Consortium               Services Corporation                       Institute

Current Working Groups                                          Working Groups in Pipeline
•    Blockchain for Utilities                                   •   Green Recovery Playbook for Utilities
• Regulatory Changes or Regulatory Reforms for
  the post Covid Digital Utility
•    AI and Analytics for Utilities

Contact us for more information.
Global Smart Energy Federation (GSEF)
1800 M Street, NW, Suite #400S, Washington, DC 20036
       info@globalsmartenergy.org
       www.globalsmartenergy.org

Newsletter Team
Aashima Chaney | Bindeshwary Rai | Sudhasatta Kundu | Balasubramanyam Karnam
Parul Shribatham | Shuvam Sarkar Roy | Ravi Seethpathy | Marc Boillot | Nick Singh
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