Self-generated electricity refers to energy produced on-site by a building or facility and directly used there. A common method of self-generation in buildings is through in-house photovoltaic systems. Self-generated electricity offers numerous advantages, such as independence from external energy suppliers, cost savings, and improved energy efficiency through the use of renewable energy sources. By combining in-house electricity generation with demand side management (DSM), companies and building operators can optimize their own consumption and reduce their energy costs. For example, they can feed their excess self-generated electricity into the public grid and sell it at a profit.
Using digital platforms, buildings can even become part of "virtual power plants" that balance and market the excess electricity of many small producers. This not only increases economic viability but also contributes to the sustainable energy supply of entire neighborhoods in the future.
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