It takes a lot of power to run a water processing plant. They need to pump large amounts of water around the site and make sure it can get to us when we turn on the tap. That’s why we’ve been working with businesses like Goulburn Valley Water to keep costs down.
“Traditionally, water organisations purchase electricity from energy retailers on fixed-rate contracts. Those retailers purchase that electricity from the wholesale market. Unfortunately, the fixed-rate contracts blur market pricing signals, meaning the customers usually miss out on the benefits of the market.”Matthew van der Linden, Managing Director, Flow Power.
Behind fixed-contract electricity rates, there is a wholesale electricity market similar to the water market, but that trades in five-minute pricing intervals, with prices moving according to supply and demand. With new technologies and processes, markets like water and electricity are changing rapidly. The businesses that welcome the changes will be ahead of the pack.
Flow Power customers are already benefiting. The Flow Power combination of technologies, expertise and transparency has given its customers control over their power bills – it just flows.
Flow Power gives the water industry
- Access to the wholesale electricity market – buying directly from the market to take advantage of generally lower prices.
- Control to help you manage energy intensive operations into low price points of the market, effectively reducing costs.
- Choice of tools and services, from advice to tailored technologies, customers benefit from having experts on their side.
As Goulburn Valley Water’s maturity in the energy space as developed over the last three years, the transition to a wholesale pricing approach was a logical step in our development. Accessing the wholesale market provides us with the benefits of lower electricity costs in the short term, but it also enhances the business case to access future opportunities in renewables and storage.Goulburn Valley Water, Flow Power Customer
Master buying wholesale electricity
kWatch® Intelligent Controller
Designed and built by Flow Power’s team, the kWatch® Intelligent Controller does just that – controls the energy to and from your systems. It gives you the information to avoid high price points in the market using backup generators and helps to shift pumping times to low price times.
The kWatch® Intelligent Controller provides customers with access to near-real-time consumption and price data. This information is available 24/7 and gives operators the confidence to make informed decisions.
Wholesale and solar
Thinking about installing solar, but not sure how to make the most of it? Flow Power’s solar solutions will match your solar output to a wholesale strategy that gives you the best of both worlds, without the initial outlay. If you have room on site, we can help you make the most of your installation.
Otherwise, you can buy power directly from a plant at another site. This locks in low prices for up to five years. Combining solar with wholesale energy means you can fix the bulk of your electricity needs, while still accessing the generally lower cost periods in the wholesale market outside of solar generation.
Market monitoring service
Each participant in the water industry has its own operation to run without adding to their workload. That’s where the Flow Power Market Monitoring service comes in.
Our unique system provides tailored alerts to advise customers about changes in the market. This ensures that you know when to take action to respond to market movements, which means you too can master the wholesale market.
Any questions? We’re here to help.
If you’re interested in learning more about the wholesale demand response mechanism, our friendly team are always available for a chat.
If you’re an existing Flow Power customer, please do not hesitate to reach out to your account manager.
If you’re not a Flow Power customer contact our friendly team today:
📞 1300 08 06 08 (within business hours)
🖥️ Live chat message (within business hours via the chat button at the bottom of your screen)
Alternatively, you can submit your questions through our website contact form here.