Diarmaid Williams, Decentralized Energy
Summary
LO3 Energy is to activate German neighborhoods with a new approach to the way renewable energy is bought and sold by testing the German market with two local partners, Karlsruhe Institute of Technology (KIT) in cooperation with local energy provider, EnergieSudwest, and Allgauer Uberlandwerk, in an effort to run ahead of a planned nationwide roll-out of microgrid technology for renewables.
Millions of homes and businesses across Germany currently benefit from solar panels fitted to their roofs but must sell the excess power back to the grid at a set price determined by the major utility firms. Solar users will have the opportunity to become ‘prosumers’ and sell their excess power to their closest neighbors.
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