1 00:00:00,040 --> 00:00:02,560 Speaker 1: Do you report this morning highlights potential savings of shifting 2 00:00:02,560 --> 00:00:05,760 Speaker 1: to more off peak electricity use. We could save three billion, 3 00:00:06,240 --> 00:00:08,920 Speaker 1: twenty five percent of peak demand could be moved, they claim, 4 00:00:09,280 --> 00:00:12,719 Speaker 1: using existing tech without changing how we level work currently. 5 00:00:12,760 --> 00:00:15,440 Speaker 1: The network's built for short bursts of course of high demand. Anyway. 6 00:00:15,720 --> 00:00:18,840 Speaker 1: Marcus Plenty is the chief executive at the EECA and 7 00:00:19,040 --> 00:00:21,880 Speaker 1: is with us. Good morning, Good morning. This existing tech 8 00:00:22,000 --> 00:00:25,279 Speaker 1: you speak of to shift all this power, where is 9 00:00:25,280 --> 00:00:27,960 Speaker 1: it and what is it? Is? 10 00:00:28,080 --> 00:00:31,440 Speaker 2: Basically smart controllers. So there are things that you can 11 00:00:31,480 --> 00:00:34,639 Speaker 2: put on hot water cylinders. There's a bunch of kit 12 00:00:34,680 --> 00:00:38,880 Speaker 2: you can put for industry and businesses. It just helps 13 00:00:38,920 --> 00:00:41,000 Speaker 2: people shift when they use energy. 14 00:00:41,159 --> 00:00:42,599 Speaker 1: As one of the questions, I'm going to ask how 15 00:00:42,680 --> 00:00:45,120 Speaker 1: much of this is for domestic versus commercial? Is this 16 00:00:45,159 --> 00:00:48,080 Speaker 1: sort of stuff available to commercial therefore could shift more load? 17 00:00:49,479 --> 00:00:51,879 Speaker 2: Yeah, it is available and it's being used now at 18 00:00:51,960 --> 00:00:54,760 Speaker 2: the industrial scale. But this is all about scaling it 19 00:00:54,840 --> 00:00:56,120 Speaker 2: up for everybody. 20 00:00:55,880 --> 00:01:00,360 Speaker 1: Right, I see, because in reading your press release, it 21 00:01:00,520 --> 00:01:03,280 Speaker 1: wasn't clear to me what literally is available and where 22 00:01:03,320 --> 00:01:05,120 Speaker 1: you come up with the number of three billion dollars, 23 00:01:05,160 --> 00:01:06,520 Speaker 1: Because three billions a lot of money. 24 00:01:07,319 --> 00:01:09,920 Speaker 2: There's a lot of money, and it is it's real, 25 00:01:10,000 --> 00:01:14,000 Speaker 2: I think. To be more specific, we're thinking about four industrials. 26 00:01:14,000 --> 00:01:16,720 Speaker 2: It's things like food processing in the Bay of Plenty, 27 00:01:17,600 --> 00:01:21,920 Speaker 2: irrigation loads, farming in Canterbury, Waikato, forestry and Bay of 28 00:01:22,920 --> 00:01:27,560 Speaker 2: Manawatu also Bay of Plenty offices in homes. It's really 29 00:01:27,600 --> 00:01:32,040 Speaker 2: the hot water cylinders and the three billion comes from 30 00:01:31,360 --> 00:01:35,520 Speaker 2: the value of that shift didn't peak, So you've got 31 00:01:35,560 --> 00:01:40,280 Speaker 2: one point eight gigawatts of demand and that roughly translates 32 00:01:40,319 --> 00:01:42,479 Speaker 2: to using transpowers numbers three billion. 33 00:01:42,800 --> 00:01:44,520 Speaker 1: Why don't people do it? 34 00:01:44,560 --> 00:01:44,760 Speaker 2: Then? 35 00:01:44,959 --> 00:01:48,040 Speaker 1: If it's so easy and the technologies there, why don't 36 00:01:48,040 --> 00:01:48,560 Speaker 1: they do it? 37 00:01:49,400 --> 00:01:54,200 Speaker 2: Yeah, the physics is easy, the contracting is a little 38 00:01:54,240 --> 00:01:56,880 Speaker 2: bit more complicated, is what I read this morning, and 39 00:01:56,920 --> 00:01:59,080 Speaker 2: I think that's about right. So you've got to get 40 00:01:59,120 --> 00:02:02,120 Speaker 2: the right incentives to get people to make it easy 41 00:02:02,160 --> 00:02:02,440 Speaker 2: for them. 42 00:02:02,840 --> 00:02:05,400 Speaker 1: Away timarregating a field and all I have to do 43 00:02:05,480 --> 00:02:08,560 Speaker 1: is plug something in. Why aren't I doing that? Because 44 00:02:08,560 --> 00:02:09,880 Speaker 1: it makes perfect sense, doesn't it? 45 00:02:10,120 --> 00:02:13,040 Speaker 2: Yeah, it does make perfect sense. The technology is new, 46 00:02:13,160 --> 00:02:16,400 Speaker 2: at least this type of dynamic control is new. So 47 00:02:16,440 --> 00:02:21,040 Speaker 2: this is cutting edge. Where we are with the Australians 48 00:02:21,040 --> 00:02:23,560 Speaker 2: and the Europeans and the Americans on testing it and 49 00:02:23,639 --> 00:02:26,960 Speaker 2: rolling it out, and so we're seeing we are basically 50 00:02:27,160 --> 00:02:28,200 Speaker 2: the answer is because. 51 00:02:27,960 --> 00:02:30,799 Speaker 1: It's new, right, do we need the in financial incentives? 52 00:02:31,000 --> 00:02:33,600 Speaker 1: Might it just be that eventually, once it's less new, 53 00:02:33,919 --> 00:02:36,160 Speaker 1: people go, this makes sense, I'll do it themselves. Otherwise, 54 00:02:36,240 --> 00:02:38,639 Speaker 1: you know, sucked in you Yeah. 55 00:02:38,440 --> 00:02:40,000 Speaker 2: I think you need. I think you need to be 56 00:02:40,000 --> 00:02:41,720 Speaker 2: able to see the money on the table to pick 57 00:02:41,760 --> 00:02:43,760 Speaker 2: it up. And this is what this report is hoping 58 00:02:43,800 --> 00:02:46,600 Speaker 2: to do is to really highlight that opportunity. And you 59 00:02:46,680 --> 00:02:49,880 Speaker 2: need to have the incentives right in terms of I 60 00:02:49,880 --> 00:02:52,440 Speaker 2: think if people are offering flexibility for their home, they 61 00:02:52,440 --> 00:02:53,480 Speaker 2: should be rewarded for it. 62 00:02:53,520 --> 00:02:56,320 Speaker 1: Okay, all right, Mike's appreciate it. MICUs Pilliner, who's with 63 00:02:56,360 --> 00:02:58,960 Speaker 1: the Energy Efficiency and Conservation Authority, I look them up 64 00:02:59,000 --> 00:03:00,640 Speaker 1: this morning because I've forgotten now they were. They've been 65 00:03:00,639 --> 00:03:05,000 Speaker 1: around since nineteen ninety two, which is almost as long 66 00:03:05,000 --> 00:03:08,160 Speaker 1: as I've been around. For more from the Mic Asking Breakfast, 67 00:03:08,320 --> 00:03:11,640 Speaker 1: Listen live to news talks. It'd be from six am weekdays, 68 00:03:11,880 --> 00:03:13,919 Speaker 1: or follow the podcast on iHeartRadio