Feníe Energía is a Spanish energy company of recognized prestige that provides, among others, electricity and gas marketing services, as well as energy saving and sustainable mobility services.
Community Battery storage
Available Generation from two Shared PV systems
Annual energy consumption of Almócita
Of several similar projects to be rolled across Spain
A new energy community within Spain will use Powerledger's blockchain-enabled xGrid platform, to allow residents to securely track, trace, and trade locally generated renewable energy.
In partnership with electricity retailer, Feníe Energía, and renewable energy company, Albedo Solar, the project in the municipality of Almócita will deliver energy efficiencies. The distribution of locally generated solar energy will benefit the local community and contribute towards its sustainability.
The initial installed photovoltaic (PV) capacity is 60kW across both public and residential buildings, which is set to grow in the coming phases of the project.
22kWh of battery storage will provide the community with renewable energy during the darker hours, as well as to help benefit from the varying prices throughout the day.
The success of energy communities could encourage regulatory changes in Spain to further enable peer to peer (P2P) energy trading -much like Powerledger’s work in Uttar Pradesh, India.