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Israel has recently lifted its 2030 national renewable energy target from 17% to 30%. Sympower and its Israeli partner PHOEBUS ENERGY are supporting the Israeli grid in achieving this ambitious target.
Read more... Sympower is taking part in a pilot organised by Dutch Transmission System Operator TenneT to explore how to open aFRR to independent, aggregated demand side resources. Sympower, as an independent aggregator, shows the benefits of the pilot by:
Sympower teamed up with Greensperad to make solar PR parks smarter and more profitable with curtailment.
Read more... Since this Summer Sympower is offering fast frequency reserve (FFR) to Svenska Kraftnat, the Swedish grid operator. These services help to relieve the strain on the Swedish grid caused by the rise of variable renewable energy production, the decommissioning of nuclear capacity and the increasing electricity demand. Read more... Techleap.nl selects Hardt Hyperloop, hello energy & Sympower as part of 11 high potential scaleups to flatten the climate curve.
Sympower founder and CEO Simon Bushell is often approached as though leader on grid flexibility and demand response. Some example in the last few weeks:
Sympower is working with leading European energy utility Vattenfall to help increase the amount of flexibility in Sweden’s energy market. The companies are working together to control approximately 60MW worth of assets of the country’s new fast frequency reserves (FFR), which has a total capacity of just under 70MW. The launch of FFR in the Nordics will enable more renewables to enter the market and help drive the energy transition. Read more... Sympower Raises €3 Million in Series A Funding Round to Scale Smart Energy Solutions Internationally1/10/2019
Sympower has raised €3 million in a Series A funding round from Dutch investment funds Social Impact Ventures and Participatiefonds Duurzame Economie Noord-Holland (PDENH), current investors and team. The capital will fund the further international roll-out of Sympower’s electricity grid balancing services following successful implementation on electricity markets in Finland and the Netherlands.
Read more... On the 8th of May 2019 the Swedish Transmission System Operator (TSO) Svenska Kraftnät opened up the market for FCR (Frequency Containment Reserves) for consumers with a flexible electricity consumption in Sweden. Electricity consumers in Sweden are now, thanks to the partnership between Vattenfall and Sympower, able to sell their flexibility to Svenska Kraftnät. Read more... Sympower was selected by the Israeli Ministry of Energy to lead and demonstrate the implementation of demand response and grid balancing services in Israel. Through this project, Sympower is helping shape the electricity market of the future, including investigating the necessary changes to regulations and infrastructure to enable DR services in Israel.
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