press release

5 October 2018

NET2GRID first to introduce solar disaggregation at European NILM conference

Duisburg, 2 October 2018. During the fifth European Non Intrusive Load Monitoring workshop at the Fraunhofer center in Duisburg, Germany, NET2GRID presented a global premier.

With five years of experience in real time solar monitoring , NET2GRID collected 10 second data of both the smart meter and the solar production at more than 2000 residential houses. There is a real need in the market to monitor the performance of solar panels, an industry estimate is that 20% of installations are facing undiscovered defects in the first three years due to lack of monitoring. Installing inverter independent hardware is not cost effective and connected inverters have a wide variety of APIs and do not offer the desired reliability

The NET2GRID NILM based solar monitoring solution is inverter independent and does not require hardware installation in the metering cabinet. “Every day our service is accurately calculating the gross solar production and the peak production / time during that day. Combining this data with meteorological data and performance of nearby installations, we generate valuable advice to solar owners“ according to Dr. Dimitrios Doukas, head of NET2GRIDs NILM department.

NET2GRID delivers residential energy customers an essential tool to save on their energy spend. It consists of a small and smart device that connects with the smart meter. It analyses both electricity and gas consumption and gives customers insight in their energy spend on appliance level in a mobile app. Bert Lutje Berenbroek, CEO of NET2GRID: “Until recently monitoring solar required expensive in-home equipment and expert installation. Our smart algorithms are the reason we can keep our hardware simple and affordable and easily self-installed”.

About NET2GRID
NET2GRID is one of the leading companies’ world wide of real time energy data analysis. It produces products for residential customers that are sold in partnership with Energy suppliers. NET2GRID’s energy insight platform, is reducing cost to serve for Energy suppliers, while increasing customer engagement. Greater energy consumption insights and deeper, more trusting customer relationships translate into upsell activity and reduced churn. The company is founded in 2011 and holds office in The Netherlands and Greece.

Media Contact
NET2GRID BV
Berend Olde Rikkert
press@net2grid.com
Tel: +31 30 304 00 86

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