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Report 1: Analysing resilience in the UK and around the world

Report 2: Three themes to maximise the GB smart meter system

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Exec Summary

LCP Delta's report

Research reveals billions of pounds in potential savings through grid optimisation, voltage control and operational efficiency, while delivering important social benefits, including better support for vulnerable households.

Voltage Control The management of voltage levels across the low voltage (LV) electricity network to keep them within the statutory limits. £770m from Conservation Voltage Reduction (CVR) £139m from avoided over voltage System Optimisation Via flexibility; the ability to dynamically balance fluctuations in supply and demand under varying conditions. £560m from excess energy to customers £1.5m from Demand Flexibility Service (DFS) Operational Savings Reduce the time, cost, and resources needed to manage the electricity system and consumer accounts. £420m from operational savings of the smart meter roll out

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£250m of additional lifetime social return from using smart meters to identify vulnerable households
£250m of additional lifetime social return from using smart meters to identify vulnerable households

Together, these three themes could provide a gross annual benefit of £1.9bn at 100% rollout

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