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Enabling a

sustainable electricity grid

Introducing the Qurrent Energy platform

This is Qurrent

Qurrent was founded with the aim of enabling the transition to an electricity grid consisting of renewable power sources. We believe that the main challenge in today's electricity system is the impact of intermittent energy sources on the stability of the electricity system as a whole.

Qurrent provides connectivity and intelligence to energy resources and enables them to act in a way that is beneficial to the energy system. This makes it easier to connect more renewables to the grid and ultimately enables a faster transition to a renewable energy grid.

  1. An energy resource, such as a battery store or a wind farm, is connected to Qurrent's IoT gateway.

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  2. Qurrent validates and pre-qualifies the resource for relevant markets.

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  3. Once approved, the resource is part of the virtual power plant and supports the stability of the grid.

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  4. The Qurrent algorithm optimize the usage of the resource for relevant markets, maximizing its utility and economic return.

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  5. Qurrent controls the use of the resource and compensation is paid to the resource owner.

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How it works

Qurrent Energy Platform

Qurrent's proprietary platform handles everything from connecting energy resources to optimizing the value of the resource over time. This is done while ensuring that they meet their commitments in the balancing markets.

Example of returns

Our platform helps energy resources to participate in balancing markets and generate new revenue streams. Different resources have different opportunities to participate and the potential to generate additional revenues.

In case of a frequency disruption, solar power plants can participate in the FCR-D down market. At the same time, battery storage can participate in additional ancillary services markets and also participate in spot price arbitrage.

The actual return varies over time depending on the market. The extra revenue is added on top of the solar electricity generation revenue generated from the resource. Since battery storage systems can participate in multiple markets, they can on average generate more revenue for a given MW of power than, for example, solar power plants.

Contact us

Many types of resources can help stabilize the electricity grid. Contact us to see how we can help you.