Active Efficiency in Action

The best way to understand the value of Active Efficiency is to see it in action. There are many examples that demonstrate the potential of Active Efficiency. Between the economic, social, and environmental benefits, the hard work that goes into making these examples successful is something to be celebrated.

NODES Independent Marketplace in Europe for Trading Decentralized Flexibility and Energy

To effectively promote flexible beneficial electrification, it is necessary for the benefits of this technology to be valued in the marketplace. In Europe, the NODES marketplace created by Norwegian utility, Agder Energi, in collaboration with Nord Pool, a European power operator was established in 2018 as an independent marketplace that allows European grid operators, energy generators and customers to “trade decentralized flexibility and energy.” NODES has already enabled Western Power Distribution in the UK to procure 50 MW of flexibility services from August to September of 2020 alone.

NODES is the first energy market that enables consumer participation. NODES leverages Microsoft’s Azure IoT software to efficiently collect vast amounts of data and use predictive forecasting for energy optimization to ensure the market’s smooth operation. The result is a more flexible grid that needs less infrastructure investments, allows better control over local grid congestion, and reduces renewable energy curtailment.