Flexible energy management
Earn additional revenue with your company's electrical equipment
Earn additional revenue with your company's electrical equipment
Enefit's flexible energy management service enables you to earn income by changing the load on your energy-consuming or energy-producing equipment.
The load schedule of energy-consuming or energy-producing equipment can be shifted over time without disturbing their main processes. This is called the flexibility of the device's energy consumption or production.
Flexible equipment management enables to use more renewable energy in the electricity system and to reduce the environmental footprint of industrial enterprises. Flexibility allows the owner of the device to earn extra income by participating in maintaining the balance in the power system.
For example, you can change the temperature of a cold store by one degree for a short period, pump water at a pump station 30 minutes later, or change the heating schedule of an electric heater.
Depending on the device, the earned income is up to 15% of the annual cost generated by the device electricity consumption or up to 15% of the annual income received from the device electricity production.
The costs of joining the service are borne by Enefit and your company does not have to make additional investments.
All electrical devices whose load schedule can be shifted are suitable
Valuable solution does not require effort
Save up to 15% per year on electricity costs
We cover all costs related to the launch and maintenance of the service
Using the service is secure and under the control of your company
Equipment is automatically controlled without disturbing its core processes
Select one or more devices to connect to the flexible energy management service:
Estimated annual electricity consumption of the device
Estimated income per year
We analyze the potential of your company's equipment to generate revenue for your company
We calculate the potential revenue you earn by connecting your device to our Virtual Power Plant
We agree on criteria and conditions for the use of the device to ensure smooth running of its processes at all times
We propose a technical solution to start using the service
We enter into a contract so you can start earning money without an extra effort and thus contribute to cleaner energy
Flexible energy management allows you to earn additional revenue with your company's electricity-consuming or -generating equipment through a virtual power plant platform. The VPP participates in the balancing market with its connected equipment, where electricity prices are more favourable than the usual Nord Pool exchange price in many hours. This enables the owner of the device to earn additional revenue even if the usual electricity exchange price is monitored or energy consumption is otherwise optimized. It does not affect the amount of energy consumed or the company's processes.
We always agree when and within what limits the load of your company's electrical equipment may be adjusted. If necessary, you can always change these times and limits via our web portal. The main controller that controls the work of your device, regularly querys the additional controller we have installed, to see if any activation orders have been received. If other parameters of the work process allow it, your device controller will make the switch based on the information received. The activation order is therefore not sent directly to your device. We thoroughly test the entire process to make sure it works correctly and safely on both sides before we start the service. As the electricity markets are traded 24/7, the service is constantly monitored and our experts are available when required.
The communication between your electrical device and the virtual power plant platform takes place over a secure VPN channel. On-site communication with the device takes place via a suitable industrial communication protocol (e.g. Modbus TCP). Our entire VPP solution complies with the ISO/IEC 27001:2017 information security standard.
Any equipment that consumes or generates electricity is suitable for connection to a virtual power plant, if the load of the equipment can be changed for up to an hour so that the company's normal processes are not disrupted during that time. Depending on the device and the process, changing the load may mean switching off the device for a short period or changing the load within predetermined limits, for example by means of a frequency converter.
Contact us and let's discuss the possibilities together! We have experience with a wide variety of equipment. However, you know the processes of your business. Together, we will find the best possibilities to connect you to our Virtual Power Plant and use the flexibility of your equipment to create additional value.
The opportunity to earn is, on average, every third hour of every day of the week, regardless of whether it is peak hour, night or day. The Virtual Power Plant allows us to participate in the balancing market where the price depends on the hourly balance of electricity production and consumption. For example, if the wind blows weaker than forecast, the share of wind energy in the network will fall below the forecast level and there will be a shortage of electricity. As a result, there is a real-time need for additional electricity in the network and the price on the balancing market rises higher than the Nord Pool exchange price.
If our Virtual Power Plant has made an offer to the market for that hour, the system operator will send an order to the VPP to reduce the load of electricity for consuming equipment or increase the load of electricity for generating equipment.
The Virtual Power Plant forwards the order to the devices that are marked as available at that hour and their load is changed accordingly. In this way, the balance of the power network is restored by the VPP, and the owners of the equipment earn income by contributing to it. When the general network balance is restored, the devices switch to normal mode. If necessary, the same process is repeated the next hour.
Your electrical device must reach the specified capacity within 15 minutes of receiving the activation order.
Through the VPP operator portal, you can indicate at any time that your company's equipment will not be available for certain periods of time. The VPP platform automatically takes this into account when bidding to the market and sending activation orders to devices.
You do not have to be a customer of Enefit's other services to connect your company's device to our flexible energy management service and use it to earn additional income.
Enefit is in an equal position in the balancing market with any other company providing a similar service. Both Lithuanian and European Union laws and other regulations require that all market participants, both independent energy dealers (aggregators) as well as electricity sellers and producers, must be able to operate on an equal footing.