The project is co-financed by the European Union.
The goal of the project is to create a smart and quickly payback electricity storage device. This can only be achieved by implementing a smart energy flow management and storage solution that would allow for the efficient use of all available energy resources. However, these energy resources can be used not only for your own needs, but also to contribute to grid balancing. In 2025, the demand for 1512MW of electricity balancing is expected in the Baltic market. The group of devices created would have the opportunity to become part of the balancing system and thus bring additional benefits to system owners, so the system would become an extremely quickly payback energy storage device intended for household consumers' homes or small businesses not only in Lithuania, but also in other countries.
The development of this smart and integrated product would contribute to the successful transformation of the energy system, which requires new technologies to ensure sustainable and secure energy demand. The developed product would contribute to the following characteristics of future energy: decarbonization, efficiency, resilience, flexibility and digitalization.
