Like a ‘Smart Meter’ only continuously connected to the internet. Advanced meters measure energy use, energy generation and energy export. Some offer detail on the state of charge of your battery. It can incorporate demand response equipment as well.
The degree to which a battery is discharged in relation to its total capacity. When a battery discharges completely, its Depth of Discharge is 100%. If you have a battery that holds 4kWh and you discharge 3kWh, the Depth of Discharge is 75%.
Collections of houses that are connected to the grid and are digitally connected to to a common energy retailer. An Energy Hub allows a group of consumers to trade directly and receive a price for their exported energy that reflects the true value.
Is a localized group of electricity sources and loads that normally operates connected to the grid. A micro-grid can also disconnect and run in ‘island mode’ – (self-reliant) during blackouts or during peak pricing periods.
A collection of home solar batteries that can provide on-demand battery power to support the electricity grid in times of need. Basically, when the grid needs more power, it is drawn from home batteries instead of burning more fossil fuels. In return, households receive a payment.