Everything You Always Wanted to Know About Balancing Energy* - Part 2

In the previous post about balancing energy you may or may not have become familiar with the basic concepts. That was more focused on the theory and looked at things from the Transmission System Operators’ (TSOs) and the power plants’ perspective. In the following few paragraphs we’ll be looking into some practical concepts that are applicable to other market players (such as large consumers and energy suppliers/retailers) and also lead us closer to practice. (more…)

Coefficient of Performance: Heating and Cooling Equipment Efficacy

Air conditioners and space heaters are used to provide comfort when outdoor temperatures are too high or too low, but this comes at an energy cost. The Coefficient of Performance (COP) is a metric used to describe the efficacy of cooling and heating equipment, and it represents a ratio of thermal output to power input. The article discusses what the basics and how it can be usedf for the benefit of your business to find energy efficiency improvement possibilities.

Everything You Always Wanted to Know About Balancing Energy* - Part 1

Electricity is many things. It’s a current, it’s a field, it’s a set fascinating physical phenomena. But more importantly, it’s also a commodity, which can be produced, traded and consumed. Just like natural gas, grain or tulips. However, unlike in the case of grain (but not really tulips), the production and consumption of electricity must happen at exactly the same time. This still tends to be true, despite recent advances in storage technologies. One can, therefore, say that supply and demand in electricity must be in perfect balance at all times. (This must be true at least within the boundaries of a well-defined geographic area, often called a “balancing zone”. Which also often coincides with the state border of European countries.) What would happen if it wasn’t? Well, the short answer to that is: that’s when you have a blackout.