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Balance Group / Balancing Group Optimization

The solution for reducing balancing energy costs

Balance group / balancing group optimization is an essential part of market participation for energy suppliers, municipal utilities, and industrial companies. It ensures that the energy generated and consumed within a balance group is optimally balanced to avoid unnecessary costs. Essentially, it is about minimizing the difference between the forecast and the actual generation and consumption of a balance group. The goal is to reduce balancing energy costs while ensuring grid stability.

How does balance group / balancing group optimization work with the VGT platform?

The VGT platform uses advanced algorithms to control energy consumption and generation within a balance group in real time. The process includes the following steps:

1 von 4
1

Forecasting

The VGT platform creates an accurate forecast for energy consumption and generation within the balance group. These forecasts are based on historical data and current market conditions.

2

Optimization

3

Procurement of Balancing Energy

4

Monitoring and Reporting

Who is balance group / balancing group optimization suitable for?

Energy suppliers

Optimization of balancing groups to reduce balancing energy costs and improve profitability.

Industrial large consumers

Reduction of energy costs through intelligent control and avoidance of balancing energy.

Benefits of balance group / balancing group optimization

Accurate forecasts and intelligent control ensure a significant reduction in balancing energy costs.

The VGT platform supports the optimization of energy flows by continuously balancing generation and consumption within your balance group.

With balance group optimization, you gain direct access to various energy markets and can profitably utilize your flexibility.

Through real-time monitoring and reporting, the platform provides you with complete transparency and enables you to continuously monitor and adjust your balance group.

Background

Ready to get started?

Optimize your balance group and reduce balancing energy costs.

Why choose the VGT platform for balance group / balancing group optimization?

The VGT platform not only offers you a powerful solution for balance group optimization, but also a user-friendly and flexible way to integrate and control all your flexibility products. With GENIA, our GENIA AI Trading Bot, you can optimize your balance group even more effectively and choose the most economical combination of flexibility products.

Frequently asked questions

What does balance group / balancing group optimization on the VGT platform offer?

What tasks does the VGT platform perform as part of balance group / balancing group optimization?

Can I remain responsible for the balancing group myself if I use the balance group / balancing group optimization of the VGT platform?

What are the benefits of using the balance group / balancing group optimization of the VGT platform?

How do I keep track of balance group / balancing group optimization?

What is the difference between balance group / balancing group optimization and portfolio management?

Do I have to be a balancing group manager to use the balance group / balancing group optimization of the VGT platform?

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