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It's our partners who make us great
We connected these companies to our recent ventures and customer propositions.
Client Solutions
These topics were part of our propositions
Energy as a service
- New business models are on the rise. One of such models is Energy as a Service, which is a way of combining different energy sources to deliver energy to customers in line with their sustainability goals for a fixed annual cost.
This includes a combination of saving energy, producing energy, and storing energy.
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Peak shaving
A well-known energy problem is that during high energy demand, distribution service operators have to manage congestion and, in some cases, adjust the network, which is costly. Increased demand on the grid asks for creative ways to manage this problem. One of the solutions is peak shaving. Peaks in the energy can be shaved in two ways 1) reducing the consumption by turning off non-essential appliances or 2) by using batteries with stored self-generated renewable energy (through solar or wind for example).
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Demand response
Electric energy cannot easily be stored, so utilities have traditionally matched demand and supply by turning generating units on and off or by importing from other players. Demand response seeks to adjust the demand for power instead of adjusting the supply. An excellent example of an asset that can be used for this type of balancing are cooling houses.
Smart Electric Vehicles
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Charge point operation
The physical act of charging electric vehicles is done by a Charge Point Operator (CPO). If a car is connected to a charge point, the CPO handles the power to the car, controls the current and measures the electricity charged. Since the CPO is directly connected to the car, it holds a central position in the web of stakeholders involved in the smartification of electric vehicles.
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Smart charging
We foresee a future, where electric vehicles are important assets balancing the electricity grid instead. A wisely chosen timing of charging of electric cars could gain revenue on different energy or ancillary service markets. Nowadays, if referred to smart charging, a verity of definitions are used. Most implemented form of smart charging is dividing available capacity of a local connection between numerous cars, for example at an office building.
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V2G
Vehicle-to-grid (V2G) technology enables cars to deliver electricity stored in the battery back to the grid. If this technology becomes cheaper, the potential value will exceed smart charging, since a lot more flexibility could be utilized.
Energy storage
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(Home) Battery
The battery in cars and in houses are the most used form of energy storage. The battery of a car is either charged when connected or when connected and energy prices are low (Smart Charging).
A (home) battery could fulfill to use cases: as an off-grid solution, in places where the grid connection is insufficient, grid is instable of where no grid connection is available. The second use case is to optimize the distributed energy production by storing the energy in the battery when actual own consumption is lower than production. -
Hydro storage
Hydro power is a form of distributed generation as well as a way of storing energy. By making use of large basins, the differences in height of the landscape and the gravity, water will drive a generator which will create energy. On moments where energy is in excess, pumps will push the water into the higher basins again. The ability to fill the basins with water again makes this form of distributed generation a storage capacity (battery) as we
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Hydrogen
By creating hydrogen out of electricity, hydrogen is a way of storing energy for later use. Hydrogen is used as a fuel for industry and cars.
Distributed generation
- With the term “Distributed Generation” we mean the production of renewable energy in relatively small quantities. The most common examples of distributed generation are Solar-panels and Windmills. Other means of distributed energy are geothermal and hydropower plants. The key advantage of this type of energy production is the sustainable and therefor zero-emission character of it. The downside is the lack of continuity in their production. Due to weather conditions and day- and night rhythm wind and sun cannot deliver on request.
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Solar
Solar power is the most common and by far the cheapest form of distributed generation. The PhotoVoltaic (PV) system can be used from a few panels on a home up to a couple of MegaWatt Powerplants. Since the PV-panel prices keep dropping and the PV-systems does not require a lot of maintenance, the business case for Solar Power is a profitable one.
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Wind
Wind power is the most visible form of distributed generation. Local farmers used to have their small windmills near their farms. Modern windmills come in a wide range of generation power, from the 1MW city mill up to the 245 meter 12-14MW Mill which will be built in The Netherlands at the Maasvlakte. By using a generator almost all windmills produce electricity, just a few windmills produce hydrogen.
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Hydro
As described under energy storage, water basins can be used for energy production as well as storage.
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Waste
Decomposing food and nature waste produce a gas which contains methane. This methane (70%) is combined with Carbon dioxide (30%) to create Biogas. Biogas is a gas which is injected into the natural gas-grid.
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Experimental
At the moment a few other distributed forms of generation are being tested on a smaller scale, such as: wave-power and tidal-power. Within the near future more of these initiatives will emerce and some of them will be developed to scalable solutions.
Mobility as a service
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Car sharing
In urban areas, car sharing is a growing trend. Consider the benefits of not owning a car but sharing it within a company, cooperative or with anyone. These benefits are not only beneficial in terms of cost saving over the investment for the user, but it also allows for fewer cars on the road, convenience in the variety of vehicle sizes, and increased accessibility to cars.
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Ride hailing
A business model with both positive and negative associations. Ride hailing encompasses a range of companies and services including traditional taxis and car services. The Uber and Lyft model fit into this category, where a customer hires a driver to take them to an exact location. This can be done by hailing a taxi on the street, calling up a car service, or by using an app.
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Connected car
There is a good chance your next car is like your smart phone, connected to the Internet and the Cloud. It wouldn’t surprise you that being connected to the internet is as important as having enough energy in your battery. Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) technology allows the car to communicate with other cars and infrastructure like road signs and traffic lights.
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Autonomous car
The driverless car is a car that drives itself with no human intervention for most of the time. Before the autonomous car will be mass produced, more advancement is required in the connected infrastructure and other technologies, such as V2V.
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Telematics
A term more and more used in relation with the connected car. This is the field where driver behavior data (from telematics) can help with for example determining the insurance premium, predict traffic jams or schedule maintenance service.
Getting in touch with Faraday Keys
What business proposition can we develop for your company to leverage the transition to renewable energy? Please let us know how we can help.
