Community solutions in the smart grid context enable local communities – whether housing complexes, neighbourhoods or even entire cities – to manage their energy production and consumption in an efficient and sustainable way. There are several benefits and offerings that such solutions provide:

– Energy efficiency and cost savings: By exchanging and self-consuming locally generated renewable energy (e.g. solar or wind energy), communities can reduce their dependence on the traditional electricity grid and save on energy costs.

– Energy trading: some community solutions offer peer-to-peer energy trading platforms where community members can sell and buy their surplus electricity. This can increase self-consumption and generate additional income for producers.

– Energy management: with the help of smart technologies and data analysis, communities can monitor, control and optimise their energy consumption. This can lead to further efficiency gains and cost savings.

– Grid stability: by smoothing consumption peaks and increasing self-consumption, communities can help stabilise the electricity grid and reduce the need for expensive grid infrastructure.

– Social and environmental benefits: Community solutions often foster a stronger sense of community and greater commitment to sustainable practices. They also contribute to reducing greenhouse gas emissions and climate change mitigation.