N-SIDE, leading smart-grid solution provider and EnergyVille, the top Belgian energy research institute, signed a strategic partnership to combine the best-of expertise on Energy Flexibility Optimization for Markets and Grid Operation. This partnership is building the bridge between research and hands-on implementation and will bring to the market key innovative solutions for a successful energy transition.
Policy makers have set ambitious objectives in terms of renewables integration and electrical mobility as shown by the recent Flemish and Walloon Climate plans and World COP21 targets. The increasing share of renewables in the energy mix poses challenges to the power system, the recent price peaks on the Belgian electricity market due to scarcity and high imbalance prices, as well as periods of negative electricity prices in certain European countries illustrate a growing need for flexibility in the power system. In this current revolution faced by the energy world, innovative optimization solutions are more than ever needed. A more agile management of the power grids, a more flexible way to consume and produce electricity and the development of new business models to leverage renewable energy sources are key elements to guarantee security of energy supply, enterprise competitiveness and protection of our environment.
EnergyVille, a research institute focusing on sustainable energy and intelligent energy systems, and N-SIDE, expert in electricity markets and energy flexibility optimization, are determined to find an answer to these urgent, growing needs. “The potential impact of this partnership cannot be underestimated”, according to the COO of EnergyVille, Bert Gysen, “By cooperating with N-SIDE, we create an innovative win-win situation which combines our complementary strengths and competences in the field of electricity markets, energy flexibility, electric mobility and distributed energy sources, DES”.
With EnergyVille being the excellence pole for energy research in Flanders and N-SIDE being at the core of many innovative projects in Wallonia, this partnership combines Belgium’s best expertise in Electricity Market and Industrial Flexibility with major impacts on both national and international level. “This partnership will also secure coordination and collaboration on key energy transition projects in Belgium”, commented Jacques Parlongue, CEO of N-SIDE.
Together, the partners will market unique innovative solutions covering the new era of opportunities offered by the energy transition: electric mobility, Demand Response, micro-grids, energy storage to name a few. “This partnership combines the expertise and disruptive technology to tackle some of the critical energy transition challenges”, concluded Jacques Parlongue.
Read more information in the Official Press Release.