Ostrom & E3/DC: Strategic Partnership for a Decentralized Energy Transition

By

Karl Villanueva

16.4.2024

‍ E3/DC Integrates Ostrom’s Dynamic Electricity Tariff

• Ostrom and E3/DC have entered into a cooperation to make dynamic electricity tariffs available to E3/DC customers.
• Through the home energy management system, E3/DC customers can optimize their electricity consumption based on market prices and significantly save on costs.

Press Release

Berlin/Osnabrück, April 16, 2024 — Ostrom, a leading digital electricity provider specialized in dynamic tariffs, and E3/DC, a leading system provider for smart storage and charging technology, are entering into a strategic partnership. The plan is to integrate Ostrom’s dynamic electricity tariff into energy management with E3/DC systems. Solar PV owners can save substantial costs on electricity consumption and charge electric vehicles at optimized prices.

The partnership is an important step for both companies towards an efficient and sustainable energy future. With the integration of Ostrom's dynamic tariff, E3/DC can significantly expand options for customers and harness potential from volatility in the electricity market. The cooperation paves the way for a viable, decentralized energy supply.

Ostrom's dynamic tariff enables customers to purchase energy when it is most cost-effective. This is particularly attractive for users of an E3/DC home power station during periods of low solar radiation. In combination with a storage system and controllable devices such as heat pumps and electric car charging stations, a dynamic electricity tariff can significantly reduce costs.

In addition to this added value for E3/DC customers, the integration of the dynamic electricity tariff also contributes to the stability of power grids and enhances the use of renewable energies. When customers are able to align their electricity consumption with market prices, then they tend to use energy during the cheapest hours. These are also the periods when renewable sources generate a lot of electricity. Moreover, users of dynamic tariffs typically avoid electricity consumption during critical phases when supply is low and high consumption usually occurs. In this way, customers are active in better balancing fluctuations in production and consumption, and optimizing stability in power supply.

" The partnership with E3/DC is a significant milestone for Ostrom and underscores our commitment to advancing the energy transition through innovative solutions,