A smart grid
Grid operators are responsible for ensuring that electricity supply and demand are constantly in balance. They ensure that the amount of power supplied to the grid matches the total consumed. Blackouts may occur if this balance is disrupted, affecting the entire electricity system.
Balancing the grid is a daily challenge which grid operators solve by paying fossil fuel plants to adjust their energy generation. However, this is incredibly inefficient. By not running the power plants at full capacity, efficiency in production is lost, generating more emissions and increased costs. These problems can be avoided by transferring the balancing services away from the fossil fuel plants.
Demand response is a cleaner, cheaper and more efficient method of balancing the grid, by adjusting demand to meet the grid’s needs. There are appliances that can help resolve grid imbalances in a sustainable manner all around us, such as heating systems, water boilers, ventilation systems and energy storage devices.
Sympower aggregates appliances via our cloud-based platform. The connected appliances are powered up or down when available, for short periods of time. This enables us to unlock new revenue streams from existing systems and appliances, without affecting their functionality. Managing energy consumption through demand response also reduces the need for balancing from fossil-fuels, accelerating the move to a carbon-free future.
A carbon-free electricity grid is possible by combining renewable power supply with smart energy consumption. Sympower connects the Internet of Things with the electricity system, developing non-intrusive software solutions that enable the shift from fossil fuels to renewables. A successful energy transition is vital for the environment, our health and our safety, which is why we empower and educate traditional industries to become more sustainable.