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Completed PROJECT GRANT Swedish Research Council

Virtual Powerplant

5M kr SEK

Funder Swedish Energy Agency
Recipient Organization North Balance Ab
Country Sweden
Start Date Nov 01, 2022
End Date May 24, 2023
Duration 204 days
Data Source Swedish Research Council
Grant ID P2022-00748_Energi
Grant Description

North Balance AB develops services for control, storage, and flexibility services for the energy market through a Power-as-a-Service (PaaS) platform.

The services North Balance AB develops are based on a modular combination of existing market products combined in a common API and with add-on functions to offer the energy market a comprehensive service for control, storage, flexibility services, and renewable energy production.

North Balance AB will develop Sweden's first virtual power plant as a service. The project involves conducting a feasibility study that calculates how the services that North Balance AB develops can be of business and climate benefit to North Balance AB's potential customers: industrial companies, real estate companies, solar cell producers, wind power producers, and municipalities.

This project is a concept development where the services North Balance AB develops will collaborate with ABB ability Optimax and Next Kraftwerke for automated steering & tra

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