September 13, 2024
Powernaut is excited to announce the launch of its groundbreaking residential energy flex program in collaboration with a prominent energy supplier in Belgium. This program is a significant step forward in improving energy grid stability and empowering consumers to take an active role in the energy transition.
What is residential energy flex?
With the energy transition it is becoming increasingly more difficult to predict energy usage, putting the maintenance of our grids at risk. Residential energy flex offers a technology-enabled solution that allows household appliances to adjust their energy consumption based on the needs of the energy grid. By intelligently managing energy usage, these appliances balance supply and demand, avoiding the reliance on gas powered back-up plants.
In just four months, Powernaut transformed a concept into a fully operational program, showcasing its ability to rapidly deliver innovative solutions. The program uses cutting-edge technology, making household devices able to automatically adjust their energy consumption when the grid needs it the most.
Key benefits of the program include:
Enhanced grid stability: By optimizing energy consumption, the program contributes to a more reliable and efficient energy grid.
Reduced carbon footprint: By reducing the need for fossil fuel-powered back-up plants, which act like a safeguard for when energy demand is high, the program helps the battle against climate change.
Financial benefits for consumers: Participants in the program already benefit financially from reduced energy costs and additional revenue streams.
Powernaut is committed to further roll out this program and make it accessible to a wider audience. By simplifying the process for consumers, the company aims to empower households across Europe to contribute to a cleaner and more sustainable energy future. The start-up based in Ghent, Belgium believes that the renumeration through energy supplier contracts should be easy, while always prioritizing the comfort of the end-consumer.
“The speed, enthusiasm, and boldness of our clients and partners is truly inspiring. We are pleased with the successful launch and are ready to continue our journey to stabilize our grids and ensure fair compensation for end-consumers, at scale,” says CEO Florentijn Degroote.
About Powernaut
Powernaut is dedicated to unlocking the potential of low-voltage energy flexibility. Their approach empowers Energy Management System (EMS) providers by giving them access to flexibility markets. By enabling the optimal use of smart installations managed by EMS providers, Powernaut contributes to a more sustainable energy future while enhancing the economic efficiency of these assets.