As an Austrian resident, I am particularly delighted to discuss CyberGrid, an Austrian company at the forefront of energy transition technologies. The shift towards clean energy technologies is closely linked to distributed production, with a significant proportion of wind and solar energy and the presence of prosumers. Given the uncertainties in renewable energy production, energy storage and demand flexibility have become pivotal for the viability of clean energy systems. The effective management and optimization of this flexibility, considering both commercial profitability and network reliability, are of paramount importance. CyberGrid fully embraces this concept. The company provides a cloud-based platform for a decentralized grid equipped with storage capacities and a substantial share of intermittent energy sources. This technology enhances the efficient utilization of existing generation resources, demand response, storage, and the integration of renewable energy resources. It supports the optimization and marketing of flexibilities, encompassing the utilization of flexibilities by active customers, asset aggregation, optimization of market bids for various markets, automated bidding on ancillary services markets, and transparent accounting per asset. The trading of flexibility involves not only aggregation and bid creation but also a daily workflow that consequently spans different markets, starting from day-ahead bidding, moving to intraday ancillary… continue reading
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