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Frequently Asked Questions

FAQ

Our services

Who is Eddy Grid for?

For companies that want to get more return from their sustainable assets.

Whether you want to increase revenue generated by your battery, optimize your solar and/or wind assets or a combination of this, Eddy Grid can help you to achieve this.

We have a wide variety of products and can serve various types of companies.

What services does Eddy Grid Offer?

We help our customers to get the best return on investment on their renewable assets through various services.

You can find a full overview of our services here

On which energy markets is Eddy Grid trading?

Eddy Grid trades for its customers on various energy markets:

  • Day Ahead market
  • Intra-Day market
  • aFFR market (Coming soon!)
  • Ex-post market

We also respond to the imbalance market.

Because we can use different trading strategies per asset, we achieve the optimal result for our customers!
Do you want to know more about the different energy markets? Take a look here

How is the business case for batteries calculated?

The business case is calculated based on your consumption pattern and generation data. Over the course of an entire year, it was analyzed every 15 minutes to determine the available capacity on your connection to help balance the power grid. By assisting the grid at the right moments, a compensation can be received from the grid operator. The costs and revenues in the business case can be considered separately from the current costs and revenues at the location.

How do you arrive at the revenues?

The expected revenues have been simulated based on consumption data (and generation data) over the course of a full year. Every 15 minutes, the available capacity on the connection was analyzed to determine how it could be used to support balancing the power grid. By simulating one or more batteries, the impact of each battery on expanding your connection, balancing the grid, or both has been made clear. For each battery, the expected revenues have been detailed, including all associated costs—down to variable transport costs, maximum kW transport charges, and costs for an energy supplier.

What is imbalance and why is it important?

Imbalance on the energy grid refers to the difference between the amount of electricity generated at a given moment and the amount consumed at that same moment. Because electricity is difficult to store on a large scale, the electricity grid must be in balance at all times: supply and demand must be exactly the same, second after second.

TenneT and other grid operators pay for flexibility. That is to say: the ability to quickly switch on or off. This is done on the imbalance market.

The imbalance market is managed by the grid operator (such as TenneT in the Netherlands). This market is used to make quick corrections when there is an imbalance between generation and consumption on the grid. Market parties can benefit financially from this by offering their flexibility.

With Eddy Grid you can use your assets to gain returns from this imbalance market.

More info can be found here

How long does the installation take?

This depends on the purchased products and complexity. If the required hardware and connections are already present, it can be arranged in a matter of days!

We have no influence on the installation times of third parties.

Invoicing

What does portfolio advantage mean?

In some cases, imbalance costs from different customers can be offset against each other. This benefit is called portfolio advantage. 75% of it goes to the customer.

When are invoices sent?

Generally the invoices are sent on the 25th of every month.

Our company

How does Eddy Grid contribute to accelerating the energy transition?

By increasing the return on sustainable assets, Eddy Grid contributes to making the energy transition affordable.
We do this by using smart algorithms to control the assets and trade on the various energy markets and respond to the passive imbalance market.

Other

Can I visit your office?

We would love that. Our address is on our website.