Enabling Solar & Storage Households to Participate in the Energy Market

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Recording of Tuesday, June 18, 2024 | The smarter E Europe | Conference Program | Language: English | Duration: 19:45 .

Lichtblick Launches StromWallet to Optimize Household Solar Energy Use and Reduce Payback Time

Lichtblick, a leading German renewable energy utility company, has shifted towards offering not just commodities but comprehensive energy solutions. They launched an "Energy as a Service" subsidiary aimed at integrating solar and storage households into the energy market. This presentation details their initiative to enhance household participation in the energy ecosystem through digitization, flexibility, load shifting, and cost savings under current regulations. Key highlights include the StromWallet product that focuses on dynamic interaction with the energy market every 15 minutes for optimized feed-in of surplus electricity and consumption when prices are low or negative. The solution leverages smart meters for accurate billing and invoicing alongside AI optimization to maximize efficiency and reduce payback times from 15 to 12 years for solar system investments. The approach also extends beyond individual benefits by supporting grid stability while fostering customer engagement through seamless interconnectivity within Lichtblick's ecosystem. Additionally, they plan to scale this initiative via partnerships facilitated by their ESON subsidiary to broaden impact across multiple gigawatts of virtual power plants.

Automated summarization by AI Conver

Alexander Vogt
Head of Product & Technology
LichtBlick Energy as a Service GmbH
Germany

More than two-thirds of all new solar capacity added in the EU in 2023 was distributed. The EU's Energy Performance of Buildings Directive (EPBD), which requires the installation of solar panels on buildings, will drive demand in the medium term. But what could speed up the deployment of rooftop solar installations on residential and commercial buildings in the short term? And how is the industry addressing the needs of these building types?This session will discuss:

  • Drivers & challenges for distributed solar PV in Europe
  • Technical solutions for high levels of solar self-consumption
  • Business models for prosumers and offers from utilities

Further Talks of this session:

Speaker

Juan Monge
Principal Analyst, Distributed Solar, Europe
Wood Mackenzie
United Kingdom

To Talk

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Lead Analyst, Strategy Group
SolarEdge Technologies
Israel

To Talk

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Jan Osenberg
Senior Policy Advisor
SolarPower Europe
Belgium

Wannes Demarcke
Policy Expert Solar
ODE Vlaanderen
Belgium

To Talk

Speaker

José Queirós de Almeida
CEO
Greenvolt Communities

To Talk

Speaker

Dr. Stefanie Groll
Head of EU Affairs
Enpal B.V.
Germany

To Talk

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