Grid sharing, which the Social Energy energy trading platform is built on, is the term used to describe storage batteries that are connected and able to send energy between each other.
This decentralisation model reduces reliance on the big energy suppliers, while energy wastage is lessened by ensuring all solar energy generated is either used, stored, traded or sold.
The automated artificial intelligence system trades energy automatically, saving customers as much as 70% on their utility bills — but how does it work? We breakdown the mechanics.
Installation Of Solar PV Panels And Storage
For customers to take part in Social Energy they must already have solar PV panels and battery storage installed at their property, so they can generate and store solar energy.
Social Energy is partnered with battery brand Duracell to utilise its domestic 3.3kw batteries.