Capgemini has announced the signing of a long-term agreement with Equigy to develop a new decentralized energy system aimed at better managing electricity supply and demand across Europe. This initiative involves the development of a crowd balancing platform (CBP), a standardized and trusted data aggregator interface designed to integrate small, flexible, and efficiently distributed energy resources. The goal is to support the transition to a low-carbon economy.
Equigy is a pan-European platform established by six leading European Transmission System Operators (TSOs): Austrian Power Grid, TenneT Germany, TenneT Netherlands, Terna, TransnetBW, and Swissgrid. These TSOs launched Equigy to address the challenge of integrating renewable energy sources, such as solar and wind, which are intermittent and variable, putting pressure on grid stability. The platform aims to create greater flexibility by enabling the seamless participation of small-scale distributed energy resources, such as electric vehicles and household batteries.
Capgemini’s extensive experience in the energy and utilities sector, combined with its business and technology transformation capabilities, will be leveraged to develop the platform. This collaboration aims to reduce reliance on traditional centralized power plants, minimizing the need for expensive peak generation capacity. The result will be a more flexible, sustainable, and efficient energy system across Europe.
Martin van ‘t Verlaat, Chief Technology Officer at Equigy, emphasized the importance of this collaboration: “At Equigy, we are committed to fostering collaboration and innovation in the energy sector to accelerate the energy transition towards a more sustainable future. Collaborating with a leading business and technology transformation partner like Capgemini will enable us to develop a state-of-the-art platform that empowers stakeholders to participate in grid balancing and strengthens trust and transparency.”
The agreement is set to benefit TSOs and a wide range of stakeholders across Europe, including improved energy efficiency and new revenue opportunities for energy consumers and renewable energy asset owners. By promoting cross-border cooperation, digital innovation, and sustainable energy practices, the partnership aligns with European objectives to drive the energy transition and boost economic growth.
James Forrest, Global Energy Transition & Utilities Industry Leader at Capgemini, highlighted the strategic importance of the collaboration: “Capgemini’s long-term collaboration with Equigy will help fuel the platform’s growth and accelerate its European leadership in flexibility markets. By leveraging Capgemini’s deep expertise in energy and utilities and our wider ecosystem of key partners, coupled with our end-to-end capabilities in strategy, data and AI, and technology developments, we will work hand-in-hand with Equigy to achieve its business goals. Together, we will help drive the transition towards a sustainable energy system in Europe.”
Comments