If we are to achieve the goal of a fossil-free future within a generation with an entirely electric, robust infrastructure, we must rethink fast!
Idun ProptechOS now welcomes Entelios, an electricity market player thinking in a new direction to make electricity users more competitive, where power flexibility markets can contribute to both system utility and network utility.
Entelios works with its customers on concrete measures to reduce customers’ emissions, energy, and power costs while enabling their customers to create new revenue streams in local and national marketplaces.
Sweden is to phase out nuclear power, which will be replaced by wind and solar power. To ensure a stable power network, flexibility services are needed on both the production and consumption sides.
“Flexibility markets make it possible for the green shift, and our customers contribute to that,” says Mattias Harrysson, Sales Manager, Energy & Sustainability Services Nordics.
Entelios acts as a so-called market aggregator. Their customers refrain from using power, the customers’ power then gathers, and Entelios collects it into a larger power offer that they sell on sthlmflex. The limit for being able to participate in sthlmflex is 100 kW, so thanks to Entelios being able to take care of several customers’ power contributions, even smaller power reductions can be of great importance in solving strained situations in the electricity grid.
Available to the Real Estate Industry
Through the integration with ProptechOS, a new business opportunity is available to property owners. Entelios gets access to optimize the customer’s electricity costs more actively and generate income from various flexibility markets. In addition to reducing energy costs, it also provides a strengthened innovation and sustainability profile for our customers, says Mattias Harrysson.
Read more about Entelios here.