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Dynamic electricity tariffs

Dynamic electricity tariffs

Dynamic electricity tariffs are pricing models where the cost of electricity varies depending on supply and demand and at certain times. The " Law to Restart the Digitization of the Energy Transition," mandates that all electricity providers in Germany offer dynamic electricity tariffs starting in 2025. These tariffs are directly linked to the spot market price of the electricity exchange, providing consumers with an incentive to adjust their energy consumption flexibly according to the current electricity price, thereby saving costs. The prerequisite for signing up for a dynamic electricity tariff is the presence of an intelligent metering system, also known as a "smart meter". These systems automatically record and transmit the building's consumption data, ensuring that the dynamic tariff can be accurately billed at all times.

In the context of demand side management (DSM), dynamic electricity tariffs provide an essential monetary incentive for the targeted control of energy consumption. Predictive control via a cloud platform allows this potential to be optimally exploited. Intelligent software dynamically adjusts electricity consumption in the building according to grid conditions, using available energy only when it is actually necessary based on weather conditions and room usage, and when the electricity cost is favorable.

Success Stories

Trinity

As one of the world’s largest real estate investment managers, AEW places great emphasis on the consistent digitalization and sustainability of its existing buildings. A prime example is the “Trinity” located in the vibrant Zollstock district of Cologne. This was made possible through a tailored digital retrofit and subsequent optimization of the system operation via a cloud platform.

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Katharinenkai

At the Nikolaifleet in the heart of Hamburg, the landmark building KATHARINENKAI was completed in March 2022, offering approximately 10 000 m² of gross floor area with a prime waterfront location. With KATHARINENKAI, a flagship project for grid-serving building operations was created. Thanks to an innovative smart building topology, all stakeholders are seamlessly integrated into the operation. The building utilizes dynamic electricity tariffs, enabling the use of aedifion demand side management.

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Portfolio Rollout of BNP Paribas REIM

BNP Paribas Real Estate Investment Management (“BNP Paribas REIM”) is one of the leading real estate investment managers in Europe, managing assets worth EUR 28.47 billion. The enhancement of property values through active asset management is a key component of the company’s objectives, which are focused on sustainability and future viability. By actively integrating the aedifion solution into BNP Paribas REIM‘s sustainability strategy, energy consumption and the carbon footprint are reduced at the portfolio level.

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