We provide cost-efficient AI driven imbalance management services for generators, storage operators and large C&I consumers, helping lower imbalance costs and making it possible for more participants to take part in energy markets.

Electricity grid must be constantly balanced such that the amount of electricity being generated matches the amount being consumed. Any mismatch between supply and demand can lead to imbalances in the grid, causing frequency fluctuations as well as blackouts. As a result, electricity market participants on the generation and consumer side, are expected to meet their forecasted generation or consumptions in real time, in other words be “balanced”. Any imbalances are penalized by the market regulations, resulting in decrease in income for the generators and increase in costs for the consumers.

Imbalance management services provide a substantial decrease in imbalance penalties incurred by the generators as well as consumers. This is executed mainly in two ways: including market participants in a larger portfolio of participants and actively managing their generation or consumption to avoid such imbalance penalties.