Estonia could reduce electricity consumption during peak hours by 15% already today. But why is this not done?
Tarvo Õng: we need a solution to the energy crisis now and not in 4-7 years
Tarvo Õng: we need a solution to the energy crisis now and not in 4-7 years
Autumn with its windy weather has brought about some good news for electricity consumers, where the day-ahead prices have shown a large drop in the last couple of days.
What we you doing this morning? We were singlehandedly balancing the whole of Estonia’s energy grid
Tarvo Õng, founder and CEO of Fusebox: “This is a good indicator that we are on the right track”
It is cheaper to reduce than produce electricity.
Fusebox’s Erik Tamsalu will take a closer look at what separates a smart charger from a “dumb” one and if this is the holy grail, we have been looking for.
Partnering with Fusebox gives us the technical capabilities to take a large step towards a smarter and more sustainable power consumption, which we are very excited about.
This is a cost that comes out of the local consumer’s pockets accosting to about 2 million euros in energy cost for just 9 hours of consumption.
Demand response is not a new topic for Norway, but so far it has been done using brute force.
“It is a pivotal moment in the energy business”, says Tarvo Õng, the CEO of Fusebox.