Grid flexibility is the ability to adjust energy consumption or alter the timing of its use in response to external factors, such as requests by the grid operator. Corinex's grid flexibility solution, DynamiX, enables efficient local generation management and reduces load peaks from emerging low-carbon technologies (LCTs). Combined with Corinex's Broadband Over Power Lines (BPL) technology, DynamiX on the BPL platform empowers network operators to utilize flexible resources, adapt to voltage changes, and respond to disruptions, ensuring a resilient, secure, and sustainable energy future.
As the EU targets a 45% renewable energy share by 2030, integrating an additional 700 GW of renewables presents a significant challenge. The concept of grid flexibility is crucial in a future where over 60 million heat pumps and 69 million electric vehicles are expected to be seamlessly integrated into our power systems.
Corinex's DynamiX on BPL platform enhances grid flexibility by efficiently managing local energy generation and mitigating load peaks from low-carbon technologies. This approach enables network operators to maintain grid balance and reliability, offering financial benefits to organizations and energy providers through reduced energy costs or new revenue streams, particularly by participating in incentive programs during peak times.
The point of aggregation enables DSOs to manage the grid flexibly and ensures the reliability and continuity of energy supply under challenging weather and grid conditions. It also enables the management of LCTs during cold restarts from outages.
Corinex DynamiX provides grid flexibility by dynamically managing both generation and low carbon technologies (LCTs) within the available grid capacity. It enables mass adoption of low carbon loads and generators, maintaining balance without overloading the grid and optimizing load control without significantly disrupting consumer usage patterns.
Corinex is a dominant provider of BPL-based grid flexibility solutions, enabling the digitalization of the distribution system where energy consumers connect. Our solutions maintain network capacities and steer LCTs to consume local generation. Our broadband offerings deliver a complete solution, enabling network operators with flexible resources to relieve stress on specific network infrastructure and provide reliability and security for the energy system.
Focusing on the digitalization of the electric grid and speeding up the adoption of low-carbon technologies, we cater to energy companies, including electric utilities, electric vehicle manufacturers, and charging service providers. Our BPL solutions offer comprehensive communication and computation capabilities, integrating distributed energy devices and enabling real-time energy data, analytics, predictive models, and top-tier security. We are committed to helping energy companies remove grid constraints and enable energy communities within low-voltage grids.
We have received validation from prominent utility companies such as E.ON, Iberdrola, Stromnetz Hamburg, CEZ Group, Energa, Innogy, PRE, SKELEC, and ZSE, and boast a rich track record of successful pilot projects. In 2022, following extensive due diligence, we secured a substantial multi-year contract with E.ON, marking Germany's first large-scale grid smartification project.
As the exclusive provider of G.hn-standardized BPL technology for grid digitalization, we lead the way in grid innovation. Our distinctive market stance is reinforced by 12 patents in the US and Europe, backed by more than 250 person-years of software development. Our technology not only represents a significant advancement over current grid solutions but also excels in its comprehensive grid management capabilities, and adeptness in meeting the requirements of a modern, digitalized grid.
In today’s energy landscape, existing smart grid technologies fall short of meeting new demands. They struggle with managing edge devices like renewables and electric vehicles and fail to ensure real-time information flow for regulatory compliance. Corinex's BPL technology is uniquely positioned to challenge the current dominance of Narrowband PLC (NB-PLC) technology. It offers superior cost-effectiveness, functionality, and performance compared to NB-PLC and it is positioned to gradually replace NB units during the natural upgrade cycle.
Dynamix is a great starting point for an energy community. In its simplest form, this involves sharing energy, essentially adding a financial layer on top of the physical DynamiX layer. It examines the network for importing/exporting from the substation and tracks how much each consumer and prosumer has consumed or generated within defined periods. All power or energy outside of the substation network serves as the basis for calculations, and each prosumer can receive compensation for the exported energy consumed by the community, rather than being sent back to the grid.
DynamiX solution provides mass-scale information on daily market prices, allowing a significant reduction in energy costs. It enables earnings by leveraging the difference in energy prices.
DynamiX enables streamlined coordination of the LV grids, ensuring a more efficient energy distribution and significant cost savings. The system empowers DNOs with the capability to swiftly adapt to grid fluctuations, minimize service disruptions, and effectively manage grid constraints. This proactive grid management enables the integration of a higher number of Low Carbon Technologies (LCTs) into the grid, thereby augmenting potential revenue streams.
DynamiX enables OPEX cost savings by quickly adjusting to the changing conditions in the power system, decreasing downtimes and disruptions. The network operators can monetize its ability to adjust power usage or generation in response to frequency changes.
Corinex’s complete grid flexibility solution enables efficient local generation management and reduces load peaks from emerging low-carbon technologies (LCTs). Discover how Corinex’s other grid digitalization solutions help reshape the energy landscape by bringing intelligence, security, and resilience to the electric grid.