IIn the current context of energy fluctuations and rising prices, the recent report by CREG highlights the significant challenges faced by large industrial clients in Belgium. As energy costs have reached historic highs, ranging from -€44/MWh to €647/MWh in 2023, it has become imperative for companies to adopt innovative strategies to reduce their vulnerability and optimize resources.
Challenges highlighted by the CREG report
The CREG report identifies several critical issues. Price variability, exacerbated by pricing mechanisms based on future quotations, shifts part of the risk onto industrial clients. Additionally, local production, which is essential for cost reduction, declined in 2023 due to unfavorable weather conditions. At the same time, market concentration remains a concern, with Electrabel still holding 60% of market share, thereby limiting options for industrial players.
Energy sharing: A tailored solution
In response to these challenges, energy sharing emerges as a collaborative and effective solution. This approach enables companies to pool their energy resources and optimize collective consumption. By forming energy communities, industrial players can not only reduce costs but also increase their resilience in an unstable market. Approximately one-third of the electricity consumption of clients connected to Elia’s grid already comes from local production units. By sharing these surpluses with other companies, it is possible to maximize their value while minimizing losses.
Energy sharing also offers advantages in terms of cost stabilization. By avoiding exclusive reliance on short-term markets, companies can benefit from more predictable pricing. Furthermore, this mutualization promotes the optimal use of renewable energy sources and reduces dependence on fossil fuels, contributing to lower CO₂ emissions.
RaYSun: A catalyst for energy sharing
RaYSun positions itself as a key catalyst in the transition toward energy sharing. We firmly believe that this approach is a strategic lever to address the current challenges of large industrial players. By facilitating the creation of energy communities, we provide companies with the tools to reduce their exposure to market fluctuations while optimizing their consumption through a collective approach.
Conclusion: Toward a collaborative energy future
In conclusion, given the challenges highlighted by the CREG report, energy sharing represents a pragmatic and effective solution for large industrial clients in Belgium. At RaYSun, we are ready to support this transition, transforming energy into a factor of cooperation rather than a burden.
Are you ready to turn your energy challenges into shared opportunities? Contact us to learn more!
