We cant treat Energy as an infinite resource coming into our home…

Ngenic, which runs the largest distributed flexibility grid in Europe, transforms Energy Business through smart sensors, the Internet of Things (IoT), big data, Artificial Intelligence (AI), and Blockchain.

Ngenic in collaboration with students from the Master’s in Environomical Pathways for Sustainable Energy Systems (SELECT) have developed a project that measures the economic and technical impact of electricity trade between households within a region by using solar PV Panels.

One objective has been to find out what impact different electricity tariffs at different times or direct peer-to-peer trade have on electricity costs, as well as the impact on the stability of local distribution grids. To this end, different scenarios will be simulated, e.g. how direct trade in a given region impacts electricity prices. In addition, the most promising scenarios will be tested in practice in test regions in Sweden.

                                                                                       PROJECT PARTNERS