Local Energy Companies are arising everywhere. From small appartment buildings, neighborhoods to even local municipalities, people are taking energy into their own hands.

On-site energy production
One of the main drivers behind Local Energy Companies is on-site energy production, or distributed production. With the advances in technology, and the shift towards more renewable energy, local production of energy has become very attractive. Whether using solar panels, heat pumps or CHP-systems, on-site production has many benefits (read more...) and sharing energy systems makes them even more attractive.

Collective power
Sharing energy systems is efficient because one large heat pump is more efficient than three small ones. So decentralization of energy, actually leads to small scale 'centralization' or clustering at a local level.

But of course there is more to collective power. And that is the 'power of the collective'. Groups of customers can negotiate better rates and conditions than individuals. And when that collective or group also is a producer of energy, the benefits of forming a Local Energy Company further grows.

Smart balancing
The total comsumption and production by the collective, actually may play a role in the larger energy network surrounding it. Energy network operators are in a constant battle to balance supply and demand. On a national level, that occasionally results in price peaks and dips that can be benefitted from.

A Local Energy Company that is well equiped and supported can increase revenues by utilizing all mechanisms in the energy markets. The Qurrent system maximizes that use automatically, without loss of comfort or user friendlyness.