Flexibility Potential in the Household Sector - a Billion-Euro Market

Recording of Wednesday, June 19, 2024 | The smarter E Europe | Conference Program | Language: English | Duration: 10:45 .

Sebastian Mahlow of ison GmbH Explains How Prosumers Can Benefit from Energy Market and Enhance Grid Stability in Germany

Sebastian Mahlow, Managing Director of ison GmbH, highlights the company's mission to provide prosumer or flexumer households access to the energy sector. ison GmbH enables consumers with PV systems and batteries to benefit from dynamic energy market prices through a streamlined app. In Germany, 11.1 million roofs are potential sites for such systems; currently, 3 million have PV installations with many also having accompanying battery systems, heat pumps, wall boxes, or home energy management setups. A critical component is the smart meter which facilitates load shifting based on real-time pricing—an essential feature yet to be widely adopted in Germany but expected to rise significantly soon. The market is growing steadily: between 2022 and 2023 alone there was a notable increase in prosumers by 22%. By leveraging decentralized flexibility enabled by these technologies, significant savings can be achieved—a current estimate suggests up to €4 billion annually could be saved even under less volatile price conditions seen recently. Moreover, this model aids grid stability through load shifting strategies that mitigate peak demands illustrated by the "duck curve," ultimately balancing grid loads while saving costs for consumers.

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Speaker

Sebastian Mahlow
Managing Director
ison GmbH
Germany

Talk of session: Demand Side Flexibility - the Role of Grid Infrastructure, Market Players and Digitalization in Meeting Consumer Expectations

Active consumer involvement is a crucial aspect of the energy transition. Demand-side flexibility is essential for a flexible energy system that integrates the exponentially growing number of distributed energy resources. Both the system and society in general need consumers to adapt their energy usage to the available network capacity. Digitalization and new technologies - such as smart meters - as well as market-based solutions will allow consumers to become active players. However, being able does not necessarily mean being willing, so incentives are needed. This session will also address how our grid can be prepared to meet consumer expectations and how to deal with a flood of connection requests in a timely manner while ensuring security of supply.

Further Talks of this session: