Glossary

Reactive power

Reactive power is a type of electrical energy that exists within an electrical system but is not used to perform work, such as converting energy into mechanical motion or heat. Reactive power is necessary for the proper functioning of electrical devices, such as transformers and inductive motors, and for maintaining voltage within the electrical system.

Reactive power is crucial for the operation of the electrical system because it ensures that all equipment functions correctly and efficiently. Although it does not produce real power, its presence and proper management are essential for the stability and reliability of electrical systems.

Regulated energy consumer

A regulated electricity consumer is an individual or legal entity that consumes electricity based on a bundled electricity supply contract with an electricity supplier. These consumers have a legal entitlement to an electricity or gas supply price regulated by the Regulatory Office for network industries (ÚRSO). Regulated consumers include households and small businesses with an annual consumption of up to 30 MWh of electricity or 100 MWh of gas. This group also includes homeowners' associations with their own boiler rooms, social service facilities, and rental and social housing.

Regulated consumers benefit from stable and predictable electricity prices, providing them protection from fluctuations in the energy market. These regulated prices are set to ensure access to electricity at fair and affordable rates for more vulnerable population groups and small businesses.

Regulation electricity (RE)

Regulating electricity (RE) is electricity used to maintain the balance between the production and consumption of electricity in the power system. This type of electricity is deployed in the event of deviations, when it is necessary to immediately increase or decrease the amount of supplied energy to ensure the stability of the electrical grid.

Regulation electricity can be positive or negative. Positive regulation electricity balances positive system deviations (i.e. excess electricity in the power grid) and requires an increase in electricity production from energy sources or a decrease in consumption on the part of customers. Negative regulation electricity compensates for negative deviations in the system (i.e. a lack of electricity in the power grid), and necessitates a reduction by producers or an increase in consumption by consumers.

Regulation potential of the delivery point

This is the potential to manage and adjust the production and consumption of electricity at the delivery point for the provision of non-certified ancillary services to the power grid. The smart battery storage brAIn is then financially rewarded for such services. The greater the fluctuations are in the production and consumption of electricity at the delivery point, the more frequently we can charge and discharge the batteries in the brAIn system - which means financial rewards. In other words, it is best for regulation if the company does not maintain constant electricity consumption throughout the day. Regulation potential also affects the overall return on investment.

Renewable energy

Energy obtained from a sources that are not exhausted through their use. The main sources of renewable energy include water, wind power, solar power, geothermal energy, and biofuels. These sources are sustainable and contribute to reducing greenhouse gas emissions, thereby promoting environmental protection and combating climate change.