Local electricity trade in Euskirchen: reveals opportunities and challenges!

Local electricity trade in Euskirchen: reveals opportunities and challenges!

In the heart of Euskirchen, an innovative project called Best put the future of local electricity trade! Under the direction of the Reiner Lemoine Institute (RLI), a digital marketplace was created, which revolutionizes the coordination of supply and demand. The results are promising: private households and small to medium -sized companies (SMEs) can flexibly use their electrical systems to drastically reduce electricity costs. But there are also stumbling blocks on the way to the energy transition!

The experts warn: The rollout of intelligent measuring systems, also known as a smart meter, is crucial for the success of the local electricity trade. A mere transfer of electricity prices could lead to an overload of the networks - a serious problem that requires immediate attention! "Local electricity trade is technically possible," explains Friederike Reisch, head of the Mobility research area with renewable energies on the RLI. "But we have to make sure that the networks have enough capacities to avoid bottlenecks."

practical test with blockchain technology

The practical test included a variety of locations that were equipped with the latest technology, including Home Energy Management Systems (HEMS) and intelligent measuring systems. A market secured by blockchain technology was built up, which guarantees both transparency and data protection. The results are clear: the integration of renewable energies and the flexibility of electricity consumption are essential for the energy transition. "Previous power grids are like a" copper plate " - this model reaches its limits," warns Reisch.

However, the challenges should not be underestimated. The connection of existing systems requires a lot of effort and costs. In addition, increasing electrification in mobility and heat could lead to network overloads unless measures are taken in time. However, local electricity markets offer a promising solution to efficiently control supply and demand and to reduce electricity procurement costs for households and SMEs. The future of the electricity trade is local - and it has just started!