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Author: Freepik
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Description
NegaWh EXchange (NegaWh). “BALANCING DEMAND-RESPONSE PLATFORM FOR AN EFFICIENT, REASONABLY PRICED AND SUSTAINABLE ELECTRICITY MARKET”
The platform enables energy transition operators to enhance demand response paradigm, focusing on consumers side to create new business models based on the Energy-as-a- Service (EaaS) paradigm.
Thanks to consumption system modeling and operational data processing, the mathematical engine composes different algorithms derived from patented methods to provides energy programming integrated with distributed generation, creating the Active Demand → Flexible Response model in the form of Energy-Data-as-a-Service (EDaaS). This way, each stakeholder can play an active role by contributing to grid
balancing, obtaining remuneration for their contribution.
NegaWh EXchange enables Agggregators to become an Energy-Dat-as-a-Service provider, digitizing data associated to demand side for aggregators and placing consumers at the heart of the energy transition as active participants on the market.
These objectives have recently found great support in the new energy regulations, in particular EU Directive 2019/944 states that the common goal of decarbonizing the energy system creates new opportunities and challenges for market participants.
The platform will contribute to 3 Green Deal objectives:
[1] - Supply clean, affordable and secure energy
[2] - Building and renovating in an energy and resource efficient way
[3] - Accelerating the shift to sustainable and smart mobility.
Indeed, balancing of electricity consumption and integration of distributed generation plants from renewable sources can benefits from exploiting the digital energy flow maps provided by NegaWh EXchange, therefore the use of the platform can significatively reduce the carbon footprint by optimizing congestions and reducing the need of fossil fuel- based power plants kept on reserve to solve grid imbalance.
