Local Energy Communities

Simple and intuitive energy in your hands.

S5 Balance

S5 Balance is an energy management application that supports the optimization of Energy Performance Contracting, mostly focusing on the profitability of RES investments operating in Net Metering programmes. It is a targeted application for increasing energy efficiency and self-consumption on the consumer/ community side, to further enhance the attractiveness and efficiency of RES installations and Net Metering at the local level

Main Service Features

Consumption and Billing Information Overview

Monthly overviews of energy consumption and respective costs, based on smart meter readings, broken down to different cost centres and charges.

Accurate Forecasting and Scheduling

Better management and balancing of available energy assets (generation, demand, storage, EVs)

Flexibility Analysis and Control Strategy Definition

Analysis of the flexibility of different local resources and application of innovative segmentation and clustering methods for the definition of optimal control strategies to serve different business targets (cost minimization, emissions reduction, comfort preservation)

Main App Features

Energy consumption and generation monitoring in near-real-time

Forecasting of next day consumption/generation profile & notifications for net metering optimization

Analysis and forecasting of local flexibility

Net-metering optimization Tips & Tricks on the screen

Graphical visualization and performance evaluation for local RES performance

Potential integration with smart home and demand response services

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S5 Balance 1

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Benefits for the Consumer

Significant energy cost savings

Further energy cost reduction through targeted energy efficiency interventions and self-consumption optimization

Introduction in to the IoT world and experience with emerging technologies and smart devices

S5 Unite

S5 Unite supports energy management optimization within the frame of Local Energy Communities. It is a unique application that allows maximum self-consumption and increased efficiency of Virtual Net Metering programmes, allowing for minimization of energy costs for the members of the community through access to low and stable electricity prices for long pre-defined periods. Unite facilitates the establishment of local energy markets, building on top of a basic blockchain infrastructure developed by Suite5. In this context local energy communities can self-organize themselves to act both as energy retailer (supplying energy to their members at affordable prices) and as aggregators, offering local flexibility in energy markets for the provision of balancing and ancillary services to network operators.

Main Service Features

Consumption and Billing Information Overview

Monthly overviews of energy consumption and respective costs, based on smart meter readings, broken down to different cost centres and charges.

Accurate Forecasting and Scheduling

Better management and balancing of available energy assets (generation, demand, storage, EVs).

Flexibility Analysis and Control Strategy Definition

Analysis of the flexibility of different local resources and application of innovative segmentation and clustering methods for the definition of optimal control strategies to serve different business targets (cost minimization, emissions reduction, comfort preservation).

Main App Features

Continuous monitoring of near-real-time energy consumption and generation at individual and local level.

Energy and flexibility analytics and visualization of the energy performance of the local community/ network.

Billing Service- dynamic pricing schemas definition and implementation

Forecasting next day generation, demand and flexibility profile

Demand response services for self-consumption maximization, through appropriate notifications to community members, as well as, through fully automated approaches, utilizing off-the-shelf IoT devices

Flexibility trading settlement and remuneration through monitoring and handling of smart contracts set on top of the Suite5 Blockchain infrastructure

Flexibility transactions following relevant agreements established at a local marketplace environment that opens access of local community members to flexibility trading

Intuitive energy management Tips & Tricks on the screen

Accessible through different devices & Customizable screen

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Benefits for the Consumer

Significant cost savings through involvement in energy communities and respective services

Experience with new technologies and capability to transition to smart home environments

Creation of new revenue streams through participation in flexibility trading markets