How Sympower is Transforming Energy Flexibility
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Energy flexibility refers to adjusting energy usage in response to supply and demand fluctuations. This can involve reducing energy use or shifting it to different times of the day based on external requests or conditions, ensuring that the system remains stable and can effectively meet energy demands.
Sympower is Europe's leading energy flexibility service provider, aiming to facilitate the transition to a renewable energy system. One of the key ways Sympower achieves this is through demand response, where they work with their clients to adjust their energy usage in response to real-time market signals. This enables businesses to reduce their energy costs and earn additional revenue while also helping balance the grid and support the integration of renewable energy sources.
Anders Tonhammar Lööf, Business Development Director Nordics at Sympower, explains how Sympower works with various industries to identify and utilize hidden flexibility in their processes, allowing them to participate in demand-side flexibility.
Takeaways
⚖️Sympower offers energy flexibility services to industries, allowing them to participate in demand-side flexibility and balance the grid.
💪Hidden flexibility in industrial processes can be identified and utilized to create additional revenue streams without harming the main process or product.
🔋Batteries have the potential to complement existing equipment and provide a swift response to frequency disturbances, making them valuable in grid balancing.
🏛️Sympower plans to expand into new markets and work closely with regulatory bodies to ensure the effective implementation of demand response.
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