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The remarkable advantage for BMW customers in using BMW i3 batteries as a plug and play storage application is the ability to tap into an alternative resource for residential and commercial backup power, thus using renewable energy much more efficiently, and enabling additional revenues from the energy market.
With this business model, we can help stabilize the grid and expand the use of sustainably-generated electricity. Through intelligent connectivity and management of electricity producers, consumers and storage options, we are helping shape the energygrid of the future. Joachim Kolling, head of BMW Energy Services.
If the power supply and demand infrastructure continues “business as usual,” it will reach maximum capacity – unless extremely expensive upgrades are done. Implementing a fresh approach to energy supply and demand can prevent this from happening. The Flexibility Market Concept. The flexibility market is an evolving concept.
What is the Flexibility Market for Energy? The Universal Smart Energy Framework (USEF) extrapolates from the concept of consumer energy flexibility and applies it to the entire energy market, creating new players who can operate under a variety of business models.
Gallery: Plugging in at home Battery swap stations are a concept often associated with Better Place , an EV infrastructure company. The idea is that when your car needs more energy, you can drive your car into a station and, like an automated car wash, your depleted battery is replaced robotically by one that has a full charge.
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