Better Energy will connect 111 MW of solar generation capacity in Jutland to the grid this year after landing a power offtake agreement from Centrica.
With its sonnenVPP, German battery company Sonnen wants to improve the efficiency of virtual power plants which it says can offer primary balancing energy from houses with solar and storage and can operate up to 90% more cost-effectively.
Britain’s renewable energy trade body has published a report examining the state of flexibility market readiness in nine European markets. The result makes for sobering reading for Germany, France and the U.K.
With hundreds of homes and businesses having received solar-plus-storage systems and monitoring equipment, an algorithm is managing a market for flexibility and capacity in Cornwall. Homeowners with storage can place bids to sell energy from their systems to the distribution system owner on an intraday basis.
Two corporate heavyweights have announced investments in the New York-based developer and operator of peer-to-peer energy platforms. The funding will allow LO3 to scale its blockchain-based community energy networks worldwide.
Two of the nation’s largest commercial fleet operators have pledged to go all-electric by 2030, beating the government’s ambition by a decade, and carmaker Jaguar Land Rover has made a big electrification announcement – but insisted the politicians need to show similar bold ambition.
Open-source blockchain platform Energy Web Foundation has revealed the number of its affiliates has risen from 37 to 100 in recent months. New members include EnBW, Total and a unit of the State Grid Corporation of China. The platform was conceived to create an energy-blockchain ecosystem and to accelerate the energy transition.
With its investment, the energy company has broadened its portfolio of ways to help customers save on energy bills. There are multiple energy companies pursuing similar goals at the moment as distributed generation and storage solutions require utilities to find new business models; not the least to avoid grid expansion costs.
Using a blockchain-based energy trading system, the company seeks to examine ways to bill customers in the best manner for them and prosumers. In light of the potential removal of export tariffs for small scale solar in the UK, the system could provide alternative remuneration for system owners. The trial will run for six months, with the possibility of extending it to two years.
More than 100 free storage systems will given to residential and commercial users to maximize utilization rates of storage systems while reducing costs for grid operators. The algorithms behind the technology would improve the supply situation and shave peak demand.
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