How you can reduce energy costs saving in just 4 steps:
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1. Screening of System
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2. Setup of Hardware and AI
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3. Spot Price Optimization
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4. (optional) Providing Balancing Services to Grid
1. Screening of System
In this initial phase, we evaluate your current energy systems and infrastructure to identify potential areas for optimization. This ensures compatibility with Envex solutions and sets the foundation for improved energy management.
2. Setup of Hardware and AI
We install necessary hardware components and integrate our advanced AI algorithms, ensuring seamless connectivity and control over your energy resources. This phase sets up the tools required for real-time monitoring and decision-making.
3. Spot Price Optimization
Our system uses AI to monitor market conditions and adjust energy usage based on real-time spot prices, maximizing savings by automatically optimizing energy consumption when prices are lower.
4. (optional) Providing Balancing Services to Grid
If applicable, we enable your system to contribute to grid stability by adjusting energy production or consumption, helping to balance supply and demand. This optional service can also generate additional revenue streams.