But the adoption of renewable energy is not without its own set of hurdles. The shift from fossil fuel combustion in centralised power plants (which provides controllable and consistent output) to renewable energy (which is currently more variable and less controllable) makes it difficult for existing grid infrastructure to support every energy consumer optimally. “One way to fix this issue is to incorporate a digital layer on top of existing grid structures that make the power demand flexible enough to accommodate the fluctuations in power generation,” says Loic Hares, founder and CEO of Resilience Energy. He further explains that a digitalised approach to connecting traditional grids and renewable energy sources can also offer a historic opportunity to change the way we think about generating and consuming electricity. Instead of one-way delivery, it can offer a two-way exchange between every electricity user and the grid operators, thus helping balance the demand and supply capacity of energy. As a result, we will be able to support both new demand sites, like electric vehicles (EVs), as well as new electricity input sites in the form of distributed energy resources (DERs), including smaller wind farms and even home solar panels. Interestingly, bringing this reality within our easy grasp is Loic’s company, Resilience Energy.
Resilience Energy is a firm dedicated to offering practical solutions towards turning homes into personal power stations. The company’s solutions can be availed by directly contacting its sales or via its cohort of green energy system suppliers (with who Resilience Energy maintains a very collaborative relationship with). “We have designed our proprietary digital platform to aid both energy producers (national grid and local distribution operators) and consumers, and help balance the grid. Through this, we can shape the future of green energy systems,” mentions Loic.
Under the Hood of Resilience Energy To make all of this possible, Resilience Energy has developed ‘REenergy’—an energy platform that enables homeowners to connect all their renewable energy devices in one unified platform via API. The platform leverages the clout of AI and ML algorithms for homeowners to learn about their energy consumption patterns and save overall electricity costs. But how can homeowners sign up on the platform? The homeowner needs to send a serial number of either their inverter or the battery they are currently using. Resilience Energy will then send a link, using which homeowners can sign up on the platform. As easy as it sounds! Once set up, they can start monitoring the performance of their assets, including tracking individual device’s energy generation and consumption values. “In terms of the platform itself, we designed it keeping the end-users in mind.
We have designed our proprietary digital platform to aid both energy producers (national grid and local distribution operators) and consumers, and help balance the grid. Through this, we can shape the future of green energy systems
One of the foremost benefits that the users can reap as soon as they start using REenergy is that it helps them maximise their energy and cost savings by reducing the amount of electricity imported from the grid. Besides, the REenergy platform unlocks greater value from green energy assets by optimising how they work together with traditional grids in real-time. The AI and machine learning (ML) algorithm used in the REenergy app tracks a user’s typical energy consumption and generation pattern to optimise the flow of electricity from and to the grids. This flexibility, in turn, allows grid operators and local distribution network operators to connect more renewable energy sources without stressing the existing grid infrastructure.
But that’s not all! The REenergy platform can also learn when any of their connected energy systems are at spare capacity. The platform then autonomously trades the spare capacity with National Grid and local distributor operators at the best prices. This approach not only helps the wider energy system—by adding renewable energy sources to the grid and removing an age-old dependency on non-renewable energy—but also gives the users a passive monthly income source.
To better explain how this platform is helping Resilience Energy customers, Loic shares the story of a client who is a supplier of solar panels and battery storage systems for public homes in the UK. They were looking for something special to help boost sales of their energy systems to help the buyers generate a good amount of savings and revenue from the product. Coming on board with the REenergy platform made all the difference; the client was able to offer their end-consumers energy-efficient living spaces along with good returns through trading spare capacity energy. This facet alone was the reason for an increased sale of their energy systems.
With such an illustrated track record, the company is now growing in ranks by constantly evolving and adding more capabilities to its digital ecosystem. The company’s next step is to reduce carbon risk by shaping the future of renewable energy for the next 5-10 years. At the same time, Resilience Energy is also looking to expand its footprint across Europe. “Our core algorithm is flexible enough and can adapt to different energy industries even outside the UK. So we are planning to bring our offering to a bigger audience. And we are very excited to see what the future brings for us,” concludes Loic.