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Sign upEfficient smart grid technology
Controlling the energy balance in the isolated grids
- About Company
Efficient smart grid technology
Controlling the energy balance in the isolated grids
Label Date
February 28, 2019
From
Germany
Maturity stage
TRL 7 - Prototype testing in the real world
This solution consists of three elements. First, a controller modifies the operation time of flexible electricity consumers (pumping, cooling, heating, charging of batteries – e.g. electric vehicles, time flexible processes like washing) or generators (combined heat and power plants – CHP) to respond to the current availability of energy. This controller can be an add-on electronics box or a piece of software integrated in the existing equipment controller by its supplier. Before that, a device generates the "Balance Indicator" (BI). This indicator, calculated through an algorithm, describes the current status of the grid. The controller takes this indicator as input data to decide when the appliances should function. The third element is a dedicated or firmware-updated “smart meter” able to read the BI and fix dynamic tariff of the electricity.
The Environmental Benefits
- •Allows to convert all energy production to renewable energy.
- •75% CO2 reduction available.
The Financial Benefits
- •Savings by PV is around 20 ct / kWh (plus CO2)
- •Absence of latency, leading to more stability.
Target client profile
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Benefits
Activity Region
- Headquarters
- Activity
Company Profile
Easy Smart Grid GmbH
Provide smart technology to use more renewables at lower cost by adapting flexible consumption to volatile generation.
Headquarters
76131 Karlsruhe, Deutschland
Type
Company
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator Easy Smart Grid GmbH has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.