The recently published master’s thesis for Nivos studies extensively on the reasons for the transition to power-based pricing and covers analyzes concerning its implementation from the distribution system operator’s perspective. In his work, Touko Mustonen creates a cost-based pricing based on demand charge with the help of the Enerity™ Electricity Grid solution. The effects of the new pricing on the company’s turnover and customers’ electricity distribution prices is studied, and the introduction of demand charge -based pricing is planned.
Mustonen commented on his dissertation and future plans as follows: “I received the topic for my dissertation from Nivos and it immediately seemed interesting. In the work, I was able to deal with the technical and economic aspects of electricity networks and the customer’s point of view. The Enerity™ Electricity Grid solution was a great help in modeling customer impact and the company’s turnover. After the work is completed, I will continue the topic, as the company’s next goal is to make demand charge tariffs available to its customers.”
“It is great that our Enerity™ Electricity Grid solution is also used in master’s thesis. Especially when moving towards demand charge -based pricing, impact assessment for business and customers is extremely important, as the changes can be large and surprising. The Enerity ™ Electricity Grid provides easy-to-use and accurate tools for these problems as well. The master’s thesis done for Nivos is a model example of the extensive utilization of our product and the benefits obtained from it,” comments Product Manager Jaakko Timonen.
Enerity™ Electricity Grid is a software product developed jointly by DSOs and an expert solution provider. The product is used to calculate distribution prices, manage strategic business planning and analyze a reasonable return. Enerity™ is the most popular solution used by DSOs in Finland: about 50 percent of the distributed electricity is priced with Enerity™. Compatibility with Datahub has been considered in the product development.
Read more about Enerity™ Electricity Grid.