Business News

Small communities could be buying, selling and saving money on electric power right now – here’s how

Written by Soheil Mohseni, Postdoctoral Research Fellow in Sustainable Energy Systems, Te Herenga Waka — Victoria University of Wellington

Shutterstock/Riccio da favola

Globally, the electricity sector is shifting from large, centralised grids powered by fossil fuels to smaller and smarter renewable local networks.

One area of strong interest is “energy arbitrage”, which allows users to buy and store electricity when it is cheaper and sell or use it when the cost is high.

But...

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