Participate in Frequence Energy Reserve (FCR) with Cozify

Participate in Frequence Energy Reserve (FCR) with Cozify

Earn by Participating in the Electricity Reserve Market

Integrate your larger property complexes into the flexible consumption reserve (FCR) through smart Cozify control.

By including the heating capacity of multiple buildings you manage in the reserve market for flexible electricity consumption, you can save significant amounts of money—while Cozify acts as the technical aggregator.

What kind of property setup can participate? What is it based on? How much can be saved?

The electricity reserve for flexible consumption is based on Fingrid's pre-purchased electricity capacity from the European electricity market.

To maintain the required 50Hz frequency range, consumption flexibility is needed in the electricity grid.

Participation in the reserve market depends on real-time hourly electricity prices and the available flexibility capacity of the properties involved.

The minimum threshold for aggregated participation in the FCR-N is 100 kW, but individual properties can contribute smaller loads (as low as ~10 kW) into an aggregated pool.

For the FCR-D (disturbance reserve), the minimum threshold is 1000 kW.

In practice, the required total flexible capacity must be 3–4 times larger, as not all consumption can be fully reduced, nor can usage always be increased.

Examples

  1. Hot water boilers may already be sufficiently heated, or a property may not be able to increase heating at a given moment.
  2. The building’s water temperature may have dropped to the lower limit and cannot be reduced further, or indoor temperatures may have fallen too low and require heating.

Cozify acts as a technical aggregator, calculating the required control demand at any given moment and adjusting energy consumption accordingly.

Through this process, electricity is either released into the grid’s flexibility reserve or sold during the most suitable spot hours.

Participation in demand response is based on a demand response agreement made with Fingrid.

In a 100 kW flexibility reserve, the potential savings or revenue can amount to thousands of euros.

Device control based on demand response through technical aggregation

High-energy-consuming and producing devices, such as heating element control, heat pumps, and batteries (electricity sales), etc.

Participation in bids is based on exchange electricity

The fluctuating hourly price determines the hours of the day during which flexibility participation occurs or sales bids are made.

Ensuring and taking conditions into account

Sufficient conditions (temperature, humidity) must be maintained in the property.

 

Learn more

Learn more about Fingrid's reserve market on Fingrid's website here .

Want to hear more?

Contact us:

sales@cozify.fi
+358 20 7306 181

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