Help stabilize the electricity grid with Currently
To ensure that the electricity grid is always balanced and maintains the correct frequency, the transmission system operator, procures various types of ancillary services. CheckWatt's virtual power plant, Currently, enables the aggregation of battery storage, solar panels, wind turbines, and electric vehicle chargers across the country, allowing them to collectively provide these services to the transmission system operator. This enables households, tenant-owner associations, and businesses to receive payments for contributing to the stability of the electricity grid.
Smart management of flexible resources can support the electricity system significantly better and faster than traditional power sources. This benefits us all by reducing the need for investments in the electricity grid and specific capacity reserves, while also creating better conditions for substantial expansion of renewable, weather-dependent electricity production.
The grid frequency right now
Here, the grid frequency of the interconnected Nordic electricity system is displayed. The measurement is conducted by CheckWatt according to accuracy requirements from Svenska Kraftnät. Frequency is a measure of how well electricity production and consumption are balanced and is maintained at a frequency of 50.00 Hz.
CheckWatt uses this measurement to control the energy resources connected to Currently, enabling them to perform various types of frequency regulation and support the electricity system.
Our virtual power plant Currently
CheckWatt's virtual power plant Currently consists of aggregated battery storage and other flexible resources. By gathering the capacity from a number of smaller resources, Currently can act as a unified actor against the transmission system operator and deliver support services such as frequency regulation of the type FFR, FCR-N, FCR-D up and FCR-D down for all connected resources. Learn more about Battery storage
In order to provide support services, cooperation with the balance responsible party for the facility is also required today. The balance responsible party is determined by the electricity retailer.
Currently creates value for
The owner of the resource
By continuously analyzing the market and ensuring that resources are utilized in ways that yield the highest returns, profitability is maximized for the resource owner.
Electricity market actor
By making resources available to grid operators and offering increased flexibility in both production and consumption, costs for the electricity grid and system operation are reduced.
Society
By utilizing existing resources more efficiently, the electricity system becomes more cost-effective, reliable, and creates better conditions for significantly expanding renewable electricity production.
Why connect to Currently?
When you join Currently, you become part of something bigger than yourself, helping to support not only your own connection to the electricity grid but also the entire Nordic electricity grid. In exchange for the help you contribute, you receive financial compensation from Svenska Kraftnät. Click on the button below and discover what compensation you can receive when you connect to Currently.
What energy resources can be connected?
To connect to Currently, you need a flexible energy resource. Read more about the different energy resources here:
EnergyInBalance
Through Currently, the owner of the resource also gets access to EnergyInBalance which visualizes the use of the resources and the economic results. Read more
