Commercial and Industrial Microgrid Solution to be Provided Across Europe by Schneider Electric and GreenYellow

Author photo: Craig Resnick
ByCraig Resnick
Acquisition or Partnership

Schneider Electric announced that it has partnered with GreenYellow, a provider of decentralized solar power generation and energy efficiency solutions, to release a new Energy-as-a-Service (EaaS) industrial Industrial Microgridmicrogrid solution. This new solution is aimed for small and medium-sized businesses in the commercial and industrial (C&I) sectors, such as retail stores, logistics centers, and commercial buildings; as well as manufacturing and processing plants, such as breweries and dairies. Across Europe, microgrids will help to empower businesses to take better control of their energy costs, increase their energy security, and accelerate their path towards sustainability. Delivered as a service, this solution will provide companies with the benefits of a microgrid without the upfront investment that is often required.

This new EaaS solution comes amidst soaring energy costs across Europe and ahead of potential significant shortages forcasted for the winter of 2023-24 that may lead to a high risk of rolling blackouts.

Microgrids are often used to replace expensive, carbon-intensive electricity purchased from the grid with cleaner, self-generated and more environmentally-friendly power sourced as solar photovoltaics (PV). Battery storage further increases the flexibility of PV usage, which helps to lower costs and reduce carbon emissions. Savings can also be made by leveraging more advanced system controls and smarter algorithms to better optimize the operations of the local energy plant and determine whether and when energy should be used or stored. Also, by helping to ensure that facilities are provided with a consistent supply of power in the event of grid outages or extreme weather events, microgrids further enhance energy resilience.

The partnership between Schneider Electric and GreenYellow provides end-to-end support for businesses seeking to integrate microgrids into their operations. Schneider Electric and GreenYellow will analyze and assess a business' data to better optimize the grid’s implementation, including load profiles, energy demand and supply structure; as well as underlying price and tariff structure to design better optimized microgrid solutions.

The companies will provide the PV panels, the battery energy storage system, plus the electrical distribution and controls of the complete system, as well as ongoing service of the microgrid. GreenYellow will operate the microgrid system, while Schneider Electric will help to optimize it using operational data. Together, they will supply a comprehensive solution equipping businesses to more easily access and benefit from the many advantages of microgrids.

The new service will be immediately available in France, Spain, Portugal, and Eastern Europe, with additional countries, such as Germany along with parts of Benelux and the Nordics, to follow soon after. The announcement is an extension of the existing partnership between Schneider Electric and GreenYellow in the space of energy performance contracting.

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