NRGi has acquired Greenario Energy to expand its competences within flexibility services. The goal is to make it easier for companies with high electricity consumption to exploit their flexibility to achieve financial benefits and at the same time contribute to the balance of the electricity system, the energy group explains in a press release.
Flexibility services allow companies to adjust their electricity consumption in line with demand and production in the electricity grid – for example by temporarily adjusting electricity consumption downwards during periods of high load. According to NRGi, this contains both an economic advantage and an important element in the green transition.
- Flexibility services play an increasingly important role in our energy system. And we need to be able to adjust our consumption to the production available from renewable energy sources. A number of Danish companies already have assets such as electric boilers, heat pumps, cooling systems and the like, which can contribute significant flexibility without disrupting their primary operations. There is significant potential for an attractive business case in many companies – especially in the industrial and production sectors, where electricity consumption is traditionally high, says Jacob Vittrup, CEO of NRGi.
NRGi states that Greenario Energy will in future function as a platform that offers complete solutions – from mapping and implementation to operation and financing – to companies that want to register for the balancing market with flexible electricity consumption. The collaboration will also support the goal of promoting the green transition through technological development and business incentives. Greenario Energy sees NRGi's acquisition of the company, and the resources that come with it, as an opportunity to accelerate the green transition in society.
- We founded our company to accelerate the green transition through flexible electricity consumption and intelligent energy management. We share that ambition with NRGi, and with them behind us we can now lift our solutions to the next level – both technologically and commercially. I look forward to a strong collaboration where together we can make it even easier for Danish companies to actively participate in the energy system of the future, says Thomas Offer Madsen, CEO of Greenario Energy.
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