Capgemini SE announced the signing of a long-term agreement with Equigy to develop a new decentralized energy system to manage more effectively the supply and demand of electricity across Europe. The crowd balancing platform1 (CBP) is a standardized and trusted data aggregator interface for small, flexible, and more efficiently distributed energy resources2 that support the transition to a low-carbon economy. Equigy is a pan-European platform launched by six leading European Transmission Systems Operators (TSOs) ? Austrian Power Grid, TenneT Germany, TenneT Netherlands, Terna, TransnetBW, and Swissgrid. Renewable energy sources, like solar and wind, are intermittent and variable in nature, which can put pressure on grid stability. Equigy has addressed this challenge by creating greater flexibility through the seamless participation of small-scale distributed energy resources such as electric vehicles or household batteries.
The agreement will leverage Capgemini?s deep expertise in the energy and utilities sector as well as its business and technology transformation capabilities, to build a platform that will reduce reliance on traditional centralized power plants. This will help minimize the need for expensive peak generation capacity, paving the way for a more flexible, sustainable, and efficient energy system across Europe. This new agreement will support TSOs and bring a range of benefits to stakeholders across Europe that include improved energy efficiency and new revenue opportunities for energy consumers and renewable energy asset owners. By promoting cross-border cooperation, digital innovation, and sustainable energy practices, it also aligns with the European objectives3 to drive energy transition and boost economic growth.