“Ensuring a cost-effective solution for balancing the grid is one of the greatest challenges to achieve the objectives of the EU's Green Deal. Without such solutions , curtailment risks to be the default option during peak renewable electricity production periods. This innovative, technology driven solution, will provide daily balancing at very little cost and will avoid the need to build huge dedicated battery capacity which will be unused for the vast majority of the time. It is a vital part of the EU's energy future.”
Christopher JonesPart-time Professor of Energy Law, EUI; former Deputy Director-General for energy, European Commission.
“We are delighted with this initiative from Transmission System Operators to unlock flexibility from electric vehicles, allowing thus the EVs to contribute even more to the energy transition. The increasing flexibility also provides an opportunity for the EV ecosystem to achieve the best TCO for our customers.”
Yasmine AssefProgram Director Energy New Business of Groupe Renault
“The energy transition is driving energy market participants to come together in new ways, and this initiative is a perfect example of the potential available from collaboration. Blockchain, coupled with other exponential technologies, will be essential to these platforms, empowering consumer participation and enabling the new business models that we’ll need as we make the transition to net zero. We are happy to support this great initiative from day one.”
Phil SpringVP, Energy, Environment & Utilities, IBM Europe
“This important collaboration will significantly help to reduce the reliance on fossil fuels, reduce CO2 intense energy production, avoid curtailment of renewable energy and increase the integration of intermittent renewable energy. By thus the energy transition as well as the growth of electric mobility in Europe will be boosted whilst providing commercial opportunity for aggregators and car manufacturers and cheaper electric vehicle usage for end customers.”
Marcus FendtManaging Director at The Mobility House
“Scholt Energy has gained a great deal of experience in recent years in the field of energy storage and smart management of supply and demand. Together with our large business customers, who have flexibility in their power consumption, we want to contribute to the energy transition while at the same time creating an extra revenue model for these customers.”
Harnessing the power of diverse consumer-based devices.
Equigy helps balance the grid and ensure security of supply for the energy transition. It uses blockchain technology to acces, via aggregrators, new sources of electricity from the owners of consumer-based devices.