Self-generated electricity, also known as "on-site power," is energy produced by a building or facility and directly utilized on-site. A common method for self-generation in buildings is through an in-house photovoltaic system. Self-generation offers numerous advantages, including independence from external energy providers, cost savings, and improved energy efficiency through the use of renewable energy sources. By combining on-site power generation with Demand Side Management, businesses and building operators can strategically optimize their self-consumption and reduce energy costs, for instance, by feeding excess self-generated electricity into the public grid for profit.
Using digital platforms, buildings can also become part of "virtual power plants," where surplus electricity from multiple small producers is pooled and marketed. This not only increases profitability but also contributes to the sustainable energy supply of entire districts in the future.
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