Joining EQUIGY is a logical and necessary step for us: in this joint venture we can develop innovative, digital solutions and create standards in close cooperation with our TSO partners to manage the energy transition even better at a national and international level. At the same time, energy demand is rising as new electrical appliances such as electric cars, heat pumps, or storage batteries are adopted throughout the country.ĪPG’s CFO Thomas Karall says: “It is increasingly challenging for TSOs like APG to maintain a stable balance in the delicate interaction between energy supply and demand.
As in the rest of Europe, energy supply in Austria is increasingly fed by weather-dependent wind and solar energy in electricity generation. ‘Logical next steps for APG’įor its part, APG will focus particularly on making markets for balancing energy and redispatch more efficient. Since launching in April 2020, Equigy has powered forward, signing a host of new agreements with a wide variety of players in several countries. Equigy enables the validation of the delivery of these millions of future decentral devices. TSOs – the entities tasked with transporting energy and balancing supply and demand – can use the additional decentral capacity to help balance the grid and ensure security of supply for the energy transition. This is another step towards setting a European standard for TSOs to manage the increasingly volatile grids by using the flexibility from aggregated distributed energy resources.”Įquigy uses a platform to provide a trusted data exchange between parties when aggregators add new sources of electricity from the owners of consumer-based devices, such as electric vehicles and batteries. Using the Equigy platform, the TSOs are working with OEM partners (such as electric vehicle makers and producers of solar panels), energy companies, and other aggregators on a host of new projects to accelerate the energy transition.Įrsilia Aloia, CFO of Equigy, says: “We’re delighted to welcome APG as the newest TSO to join our crowd balancing platform.
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Pioneering crowd balancing platform continues roll-out across Europe.Īrnhem, 2 February, 2021 – Today, APG became the fifth European transmission system operator to partner with Equigy, joining founding TSOs TenneT GmbH (Germany), TenneT TSO BV (Netherlands), Swissgrid (Switzerland), and Terna (Italy) in the pioneering crowd balancing platform. Equigy welcomes Austrian Power Grid as fifth TSO partner
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