Austrian Power Grid (APG) Joins European Crowd Balancing Platform EQUIGY
The digital “crowd balancing platform” EQUIGY helps to manage the energy transition and makes it easier for new and small players to participate in markets for grid balancing and the redispatch portfolio. On February 1, APG joined the crowd balancing platform EQUIGY as its fifth member, next to the transmission grid operators Swissgrid (CH), TenneT (in both Germany and the Netherlands) and Terna (IT). The aim of the joint venture is to unlock small-scale resources as system service providers and thus improve grid balancing in view of the increasing volatile production of electricity from renewables. APG’s focus is particularly on expanding and increasing the efficiency of the balancing energy markets and redispatch portfolio.