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Standardised Variables
These are some of the aspects we standardise for this simulation, contact us to quote for a tailored simulation
Suggested Content
A selection of posts featuring Flexo
For many years, energy has been cheap and stable, this is no longer the case with volatility rocking the market.
The rise of renewable energy, combined with consumption demands and the EV mobility boom, our grid is struggling to handle the new paradigm.
At the heart of FLEXO lies an AI engine which constantly draws data from weather patterns, user analytics, real-time energy market prices, and proprietary sources. Using this, it delivers energy forecasts, smart billing, and optimised consumption, from local optimisation all the way to distributed aggregation.
Connect to Flexo’s APIs for energy usage and economic data, insights, notifications and flexibility signals.
FLEXO can be accessed and managed by Admins from the web admin platform, or end-users via white-label web or mobile apps or your own custom implementation.
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"Hive Power empowered us to focus on our core business while they optimised our energy management systems and time-of-use savings.
They really made the difference"
We make a number of standardisations for this calculation, see the variables. This means the actual figure may vary for your specific context. Please reach out if you need a more precise estimation on what FLEXO can save you.
We make a number of standardisations for this calculation, see the variables. This means the actual figure may vary for your specific context. Please reach out if you need a more precise estimation on what FLEXO can save you.
FLEXO is Hive Power's Flexibility Orchestrator product. It can be used to bring added value to many use cases, such as energy community management, local optimisation at the building/complex level, residential and fleet smart charging electric vehicles, energy aggregation for demand response, and even ancillary grid services.
Energy grids need to constantly match supply to demand, otherwise the system faces blackouts. Energy flexibility is the ability to balance this supply and demand with the assets that are attached to the grid. Practically speaking, this could mean storing energy when there is an excess of production in the system and delaying certain consumption when there is a peak.
A flexibility orchestrator, such as FLEXO, manages energy flexibility to achieve specific objectives. FLEXO goes one step further by taking into account multiple objectives and their priorities at once. It uses those criteria to automate the energy usage of grid-connected devices, which in turn supports such things as grid stability, allows you to capitalise on energy market prices, enables household and community optimisation, and reduces CO2 emissions.
FLEXO provides the intelligence for you to capitalise on your or your customers' grid-connected assets. Benefits range depending on the devices available and types of flexibility optimisation. For example, you can save up to €1,000 per EV per year by using FLEXO to smart charge residential vehicles and up to €10,000 per heavy EV in a fleet scenario.
FLEXO can optimise most smart devices connected to the grid, whether those are smart appliances, heat pumps, static batteries, wall boxes, wet appliances, or electric vehicles (cars, vans, busses, or trucks).
FLEXO has been designed for any business that manages assets connected to the grid, whether a DSO (Distribution System Operator), an ESCo (Energy Service Company), or an Aggregator. Given the increasingly important role of mobility in the energy transition, we also have value-added solutions for automotive OEMs, fleet managers, CPOs, and Tier 1 suppliers in the charging space.
The collaboration between Hive Power and Haier Europe exemplifies the potential of smart energy management within energy communities.
See what FLEXO can do, across the board.
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