Grid Balancing: The Basics
In short: LIFEPOWR helps stabilize the grid by creating a "mega virtual battery" . This contributes to grid balancing, which is crucial as renewable energy sources like solar and wind grow. By participating, users help the energy transition and receive compensation, speeding up the payback period of their energy systems.
Discover how LIFEPOWR contributes to grid balancing with a 'mega virtual battery' and optimizes your energy installation. By being part of our Energy Community, you help stabilize the grid and receive compensation that accelerates your payback period.
Link to video:
https://youtu.be/YS2qTRdz_t4**
When the grid is out of balance, energy prices can be either very high or very low. This happens because there is either a surplus or a shortage of energy. Grid balancing ensures that the supply and demand for electricity are in equilibrium. In the future it will only become more important, since we’re in the middle of the energy transition. We will produce more and more of solar and wind energy, these types of energy sources we cannot steer and grid balancing will become more and more crucial!
LIFEPOWR contributes to this by utilizing all the batteries that are part of our LIFEPOWR Energy Community. We create "a mega virtual battery" that helps stabilize the grid. By being part of the Energy Community, you contribute 100% to the energy transition!
In addition, LIFEPOWR provides you with compensation, significantly accelerating the payback period of your system!
We wrote an extra article “The Impact on Your Energy Bill with Grid Balancing” , read it here if interested.