Why blockchain isn't the energy industry's silver bullet
03 May 2021 /
Technology
Blockchain has become a buzzword in recent years, with the underlying technology cited as a promising concept in many fields. For some, blockchain technology is also seen as a beacon of hope for the energy industry. At first glance, this is an interesting approach. However, on closer inspection, it is clear that blockchain alone will not be enough to shape the electricity market of the future. Instead, we need a comprehensive community solution capable of managing the complex transactions of all energy market participants.
Latest reform of the German Renewable Energy Sources Act creates a new market segment for battery suppliers
01 Apr 2021 /
Market
More than 20 years have passed since the Renewable Energy Sources Act (EEG) came into force in Germany. For many solar installations, the 20-year subsidy period is now coming to an end and, by the end of 2025, almost 195,000 PV systems will no longer be eligible for support. In mid-December 2020, a reform of the EEG - EEG 2021 - was passed that clarified what will happen to subsidized systems after the subsidy period expires. One notable part of this amendment was the introduction of indirect incentives for PV system operators to refit their systems for self-consumption. To maximize self-consumption, it is beneficial for them to have their own electricity storage system. Therefore, battery providers can boost customer interest by offering an attractive bundle product combining storage solutions with a residual electricity tariff.
Time-based electricity tariffs - an innovative and appropriate solution for e-mobility
22 Feb 2021 /
Market
E-mobility is on the rise across Europe. In Germany, the Federal Motor Transport Authority logged over 43,000 newly registered electric vehicles (EVs) in December 2020, a record high. The continued growth of EVs means that more flexible appliances need to be integrated into the grid. This additional demand, coupled with the increasing importance of decentralized, green energy generation, poses major challenges for the power grid. What is the most future-proof instrument to meet this testing situation? In Germany, discussions are underway. This blog considers the options.
Our predictions and hopes for the distributed energy market in 2021
28 Jan 2021 /
Market
In 2020, we saw an unprecedented number of sustainability commitments from states, companies and investors, providing hope that the goals of the Paris Agreement can be reached. So, what needs to happen next to make a sustainable, distributed energy market a reality? With the relevant EU regulation and necessary technology already established, here's what we, as a software company powering the green distributed energy world, hope for and expect to happen in 2021.
Latest information on Lumenaza's energy as a service platform for green utilities
06 Jan 2021 /
Technology
Today, green utilities demand scalable solutions to grow and diversify their offering, as end-customers expect fast access to innovative products for various applications. That's why we have developed the leading energy-as-a-service platform, connecting producers and consumers of green distributed energy.
Traditionally, household tariffs charge pretty much the same price no matter when electricity is used. Smart tariffs are starting to change this, however. For a start, electric cars can now be charged at a significantly lower cost in countries such as Germany.
Why car manufacturers should offer green electricity tariffs
30 Nov 2020 /
Market
Electrification poses major challenges for car manufacturers. In addition to the development of electric vehicles (EVs), comprehensive, green charging infrastructure is needed for e-mobility to succeed and to alleviate drivers' apprehension of switching to electric.
The German Renewable Energy Sources Act (EEG): A lot of noise, though little progress
30 Oct 2020 /
Market
2020 has been a surprising year in many ways, but September brought several astonishing developments for German energy and climate policy. After months of inaction, the major amendment to the Renewable Energy Sources Act (EEG) was rushed through departmental coordination and state and association hearings in just under four weeks, before being quickly adopted by the cabinet.
The Software as a Service platform for green utilities
07 Sep 2020 /
Technology
Lumenaza enables green utilities to start, grow or evolve their business. We have developed the leading energy as a service platform, connecting producers and consumers of green distributed energy. Our open, modular cloud platform works across the full end customer lifecycle and is adaptable to diverse use cases. We offer innovative ways of integrating new products within current portfolios, strengthen existing legacy systems and provide easy access to the energy market.
Everyone is occupied with one topic at the moment: the global COVID-19 crisis. Understandably so - everybody's normal routines and habits have been impacted. At Lumenaza, we have monitored the situation closely and decided early on to allow everybody to work from home. Our key priority is to ensure that our employees, their families and dear ones stay safe. This remains our focus while the first restrictions are lifted, shops reopen and children return to schools.
Using market-based innovations instead of preventing them
13 Mar 2020 /
Market
Next year, the German Renewable Energy Sources Act (EEG) subsidy will expire for the country's first solar power plants, especially small PV plants. The energy sector is already discussing how generation capacity can continue to be used economically. Now, the Federal Environment Agency (UBA) has taken a clear position in the debate with their own study.
