Austrian Power Grid: How PICASSO and MARI help to reduce electricity rates and integrate renewables
Short-term possibilities of energy trade help to save millions of Euros and enable APG to even better balance electricity supply and demand. Whether it is your fridge, hair-dryer, washing machine or oven – they all have one thing in common: they need electricity, in fact, electricity which comes out of the socket almost invariably with the same frequency. “The electricity supply and demand have to be balanced at all times. Even a minimal divergence causes fluctuations of the frequency which, in turn, has negative effects on electric appliances and machines”, explains Thomas Karall, Austrian Power Grid’s (APG) CFO.