Fraunhofer technology connects Dutch energy community to flexibility markets

Fraunhofer Institute for Industrial Mathematics (Fraunhofer ITWM) has linked an energy community on a canal near Amsterdam to the day-ahead and Dutch imbalance markets, cutting energy costs. Researchers at Fraunhofer ITWM have developed a solution that allows owners of solar systems and battery systems to participate on various energy markets. The Fraunhofer team said its solution allows for the real-time prognosis of consumption and local generation, as well as price optimization, enabling the user to buy and sell electricity at the best possible prices on the day-ahead market. It has been deployed ...

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