Fast and versatile real-time balancing of electricity demand flexibility: shaping a clean and levelled power grid in Europe

The project develops a cloud-based platform to manage real-time electricity consumption of devices, ensuring grid stability for a 100% renewable future while compensating users for their contributions.

Subsidie
€ 2.306.573
2022

Projectdetails

Introduction

Our solution prepares the electricity grid for a 100% renewable future. It manages the power consumption of connected electric devices in real-time to ensure that electricity supply and demand remain closely matched.

Functionality

This is achieved by temporarily curtailing, advancing, or postponing the electricity usage of these devices depending on the availability of electricity in the grid.

Technology

Importantly, by using relatively simple and low-cost hardware to integrate the devices into a large network that is driven by our powerful cloud-based intelligent software platform, our technology can (cost)effectively control large and diverse networks of electric devices, even those with relatively low power consumption (down to 10kW).

Benefits

The owners of these electrical devices, in turn, get paid for contributing to grid stability.

Modular Framework

As our solution will consist of a modular framework, it allows rapid expansion to different flexibility products and adjustment to national technical and regulatory requirements in Europe.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 2.306.573
Totale projectbegroting€ 3.295.105

Tijdlijn

Startdatum1-5-2022
Einddatum30-4-2024
Subsidiejaar2022

Partners & Locaties

Projectpartners

  • SYMPOWER BVpenvoerder
  • SYMPOWER SWEDEN AB
  • SYMPOWER OY
  • SYMPOWER NEDERLAND B.V.

Land(en)

NetherlandsSwedenFinland

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