When you purchase ancillary services from BalanceX, you maximize and optimize your earnings — and everything runs automatically:
- Optimized earnings: In addition to simply selling surplus electricity to the grid, you also earn money by providing ancillary services. Ancillary services often generate a higher return per MW than standard electricity sales on the spot price market. Our intelligent algorithm analyzes each 24-hour period to determine whether the greatest financial benefit comes from taking advantage of spot price fluctuations - also known as Time of Use (ToU) - or from delivering ancillary services to help balance the electricity grid.
- Automated battery control and market access: You don’t need to manually manage trading or ancillary service delivery. Your battery system and BalanceX handle everything for you.
What does ToU mean?
Time of Use means that the battery:
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Charges when solar production is high or when electricity is cheap.
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Discharges when electricity prices rise, to avoid buying expensive electricity from the grid.