In a system with more and more variable renewable electricity injected into the grid, demand-response is more necessary than ever. Therefore, energy companies with more than 200,000 clients will be obliged to provide households with at least one offer comprising dynamic prices, under an EU-level agreement reached in Oct. 2018. The clause intends to guarantee enough competition on this type of contract to attract consumers and unlock demand-side management services in the energy sector.
Easy Smart Grid designs highly performant and cost effective technology that enables energy companies to realize a lean implementation of such dynamic end customer tariffs. As this agreement covers all member states of the European Union, we expect that the innovation it stimulates will allow us to expand our business to new customers. We are therefore looking forward to the nationalization and implementation of these new regulations!