‘Residential batteries are less profitable than selling excess power to the grid’
Although self-consumption of solar power is the optimal economic approach, the expense of household batteries at present outweighs the increased ability they offer to use electricity generated on the roof. Whether aggregated ‘virtual batteries’ offer better returns is an open question, due to lack of electricity company transparency.
Netherlands licenses first EV smart charging company to provide grid services
The NewMotion electric vehicle (EV) charging business owned by Anglo-Dutch energy giant Shell has become the first such entity to obtain a licence to provide grid balancing services in the Netherlands. Dutch grid company Tennet has licensed NewMotion to provide megawatt-scale balancing services to maintain grid frequency at 50 Hz by varying the rate at […]
French self-consumption specialist launches virtual battery for PV system owners
The virtual battery records the surplus solar power injected into the grid on sunny days and returns it at night or in winter. If the production of the PV plant is not sufficient to cover all the electricity needs, MyLight Systems provides the household with green energy supplied by Swiss energy company Axpo.
