Symphonics is launching a new energy plan designed for high-energy-consumption facilities
Symphonics, a specialist in smart energy management and an electricity supplier, announces the launch of a new electricity supply plan designed for businesses with commercial, industrial, or logistics facilities that consume large amounts of electricity.
With this “smart energy” offering, Symphonics provides a new way to consume electricity by automatically shifting certain energy uses to times when power is cheapest and most readily available on the grid. This new offering from Symphonics is tied to the spot electricity markets, where prices fluctuate in real time based on supply and demand.
An innovative approach to electricity supply
With this innovative new offering, Symphonics is introducing a new generation of electricity supply services based on the spot market—that is, the market where electricity prices fluctuate continuously based on supply and demand.
This approach allows energy-intensive companies to take advantage of periods when energy is abundant and inexpensive, particularly when renewable energy production is high. It also enables them to adjust their consumption during periods of high grid demand.
The challenge is to combine exposure to real-time electricity prices with demand management to better leverage the flexibility of facilities and reduce energy bills.
Smart Management of Energy Equipment
Using its technology platform, Symphonics dynamically controls business customers’ flexible electrical equipment to optimize their energy consumption based on:
- Market prices
- Signals from the power grid
- Periods of low-carbon electricity
- Surplus renewable electricity available
The managed assets may include energy storage batteries, electric vehicle charging stations, refrigeration units, HVAC systems, or any other scalable energy-consuming or energy-storage equipment.
This approach enables companies to reduce their energy costs, make better use of their flexibility, and increase their consumption of renewable electricity without changing their primary uses.
A solution designed for sites with high electrical loads
This new offering from Symphonics is designed for companies with commercial, industrial, or logistics facilities that consume large amounts of electricity and are equipped with flexible, controllable assets. It enables them to transform their energy management into a driver of economic performance amid highly volatile electricity prices.
We are convinced that the future of electricity supply no longer depends solely on the price per kilowatt-hour, but on the ability to intelligently manage energy usage. This is the core concept behind the “managed energy” approach developed by Symphonics
says Mathieu Rochard, CEO and Founder of Symphonics.
About Symphonics
Symphonics is an integrated energy company specializing in smart energy management and the optimization of generation, storage, and consumption assets in energy markets. The company has established itself as a major player in energy aggregation, flexibility, and supply, and has expanded into several European countries. Symphonics offers “Managed Energy” solutions to help consumers and players in the renewable energy sector transition toward more competitive and sustainable energy. Certified by RTE and designated a Deeptech company by Bpifrance, Symphonics currently manages over 400,000 connected devices and actively supports the development and integration of renewable energy.https://symphonics.fr/
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