With a new partnership agreement, KMD and Norwegian NODES are going to provide a technological platform in Denmark that will allow large consumers of energy to contribute to a better balancing of the grid. The platform should also give consumers more incentive to use power at times when there is a surplus of green power in the grid.
Denmark is committed to reducing CO2 emissions by 70% by 2030 compared to 1990 levels. One of the most important measures to achieve the goal is to increase the share of renewable energy, e.g. by expanding the production of offshore wind. But the production of renewable energy depends on the weather, whether it’s wind or solar power. Today, supply-side flexibility is used to match the demand, so there is enough power to meet demand.
As technology allows us to take more control over when and how we use our energy, increased access to data can give consumers the opportunity to make more informed decisions on when to use their energy. This can help lessen the impact renewables has on the stability of the grid. After all we can’t make the sun shine on a cloudy day or make the wind blow more strongly.
“NODES is involved in several projects in the Nordics and central Europe, where we are developing market places which allow those who have access to flexibility to be financially rewarded by offering that flexibility to the grid operator in the local area, and in doing so we can help maintain grid stability and defer the investment needed to reinforce or expand the grid. Our experience shows that it is an important lever to use, as Denmark is going to meet its carbon reduction targets,” says Richard Sarti, Marketing and Sales Director from NODES.
For example, when a large proportion of Danish households start the dishwasher, put the electric car to charge and turn on the dryer at the same time each evening, we are applying a lot of pressure on the grid. If the load on the network is too great because everyone has suddenly switched on their appliances, then the network will become congested. Therefore, it makes good sense to tap into the flexibility on the consumer side, and the solution can compensate people to help alleviate the congestion.
“In order for Denmark to meet the climate targets, investment in new infrastructure is needed. However, it is equally important to examine the untapped potential of adapting consumption patterns to better balance the network, based on real-time data. Our platform will be a step towards using untapped flexibility and increasing the share of renewable energy in the grid,” says Sree Vemula, Director of Industry Sales E&U at KMD.
Merete Søby, EVP of Data Driven Solutions in KMD, complements:
“In the new partnership, we are pushing for a switch to renewable energy. The aim is to introduce a tool that, through real-time data-driven information, directly affects consumer behaviour. This strengthens KMD’s already strong presence in the energy and supply markets.”
The newly signed partnership agreement between KMD and the Norwegian company NODES therefore intends to aggregate flexibility around the clock.
The technology platform is called Demand Flexibility Aggregation, and it will serve as a digital marketplace where providers of flexibility and buyers of flexibility can act. For example, it could be distribution and transmission companies on the buyer side and utility companies, municipalities and large industry players on the seller side.
NODES is the independent marketplace for a sustainable energy future where grid owners, producers and consumers of energy can trade decentralised flexibility and energy. NODES, as an independent market operator, is addressing key trends and challenges in the energy system such as increased share of renewable power production, decentralised generation and the rapid change of the customer behaviour.
NODES vision is to build Europe’s most customer-centric, integrated energy marketplace to unlock the value of local flexible power resources and support the drive to a sustainable, emission free future.
NODES’ mission is to facilitate optimal use of flexibility in the grid by offering an open, integrated marketplace to all flexibility providers and grid operators. To understand more please go to www.NODESmarket .com
KMD, one of the largest Danish IT companies, develops and delivers software and service solutions for local government, central government and the private sector in Denmark as well as chosen segments in Scandinavia. The KMD Group has subsidiaries in Denmark, Norway, Sweden, Finland and Poland. KMD has more than 1,500 Danish and international customers from the public and private sector, including around 800 Danish and international companies. The KMD Group has an annual revenue of around DKK 5.4 billion and around 3,200 employees. KMD is a subsidiary of NEC Corporation, a global leader in the integration of IT and network technologies. Read more at www.kmd.dk.
KMD: Anne Rosa Simonsen, Senior Press Officer, +45 2063 3133, email@example.com
NODES: Richard Sarti, Director Marketing and Sales, +47 905 71 371, firstname.lastname@example.org