True Energy A/S - a Landis+Gyr Company

True Energy A/S - a Landis+Gyr Company

Software Development

Smarter, greener and cheaper electricity consumption

About us

True Energy - owned by Landis+Gyr - is a tech-company that makes power consumption smarter, greener and cheaper through automation of EV-charging, use of appliances and balancing the grid – just to name a few. Electricity must be used when produced. Unfortunately, the weather does not care that we need more power from 5 pm to 8 pm and less during the night. This means that we must supplement the green power with power from power plants during peak hours, while green power is lost during the night. True Energy is smart grid integrated and works to balance electricity consumption through our intelligent and automated solution. Our technology optimizes the combined electricity consumption by levering the flexibility of Electric Vehicles charging, Smart Home device usage, Solar Panel electricity production and Heat pumps. This means that more green energy is used and the need for energy from power plants is minimized.

Website
https://www.trueenergy.io
Industry
Software Development
Company size
11-50 employees
Headquarters
Hørsholm
Type
Privately Held
Founded
2018

Locations

Employees at True Energy A/S - a Landis+Gyr Company

Updates

  • We are very happy to introduce the new Nordic Sales Manager at True Energy A/S - a Landis+Gyr Company. Welcome aboard, Daniel Stenberg!

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    Commercial Leader who develops businesses and teams

    I am happy to announce that I have started a new position as Nordic Sales Manager True Energy A/S - a Landis+Gyr Company

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  • Are we there yet? - Or when will V2G become a real thing? Contrary to the sceptics, we believe vehicle-to-grid (V2G) technology will become widespread sooner rather than later. While naysayers compare V2G to the elusive promise of fusion energy—which has been hailed as just a few years away…for several decades—we see a brighter future 🔮. One reason is that V2G technology, which allows electric vehicles (EVs) 🚗 to both charge from and discharge energy back to the grid, holds incredible potential. It promises enhanced energy resilience, grid stability, load balancing, peak load shifting, new earning opportunities, and optimized energy usage. And that's just the beginning; similar technologies like Vehicle-to-House (V2H) also show great promise 🏠⚡. Of course, challenges remain. We need to upgrade grid infrastructure to handle bidirectional energy flows, overcome regulatory barriers, and develop more hardware and software to support V2G. However, the potential benefits, especially for energy companies, are enormous. For instance, California is considering a law to mandate bidirectional charging by 2027, which would protect grid infrastructure and promote grid smoothing 🌐. Few EVs are currently equipped with V2G capabilities, but this number is steadily increasing. Trials are proving that the technology works, and we expect this momentum to continue 📈. Given these developments, we predict that V2G technology will see mass adoption in the second half of this decade, well before 2030 ⏳. What do you think of our prediction? Are we too optimistic or not optimistic enough? Share your thoughts in the comments below! 💬 #V2G #VehicletoGrid #ElectricVehicles

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  • What happens when the cost of energy reflects the energy mix? 🌍🔌 The Faroe Islands will find out – and you can hear more about it at our free webinar with a live Q&A session. 📅💬 Terji Nielsen, Head of R&D at SEV, the Faroe Islands’ sole utility, explains that the islands typically have cheap energy with wind 🌬️ and hydro 🌊 and more expensive energy when it’s based on fossil fuels. ⛽ “Whenever we have cheap prices, meaning that we have high renewable energy production, it fits well with charging EVs,” 🚗🔋 he says. True Energy is collaborating with SEV and the Faroe Islands in this area. In our free webinar, you can hear more about the collaboration, the role of EVs in the future of energy, and what lessons your company can learn from the Faroe Islands' drive toward carbon-neutral energy production by 2023. ♻️ Webinar details: Date: Wednesday, June 5th Time: 3 pm, European Standard Time Location: Online Click the link to go to the sign-up page: https://lnkd.in/gGYHREuf  See and read more about the Faroe Islands’ project on our website here: https://lnkd.in/gxVFVdJe  #SustainableEnergy #EnergyInnovation #CarbonNeutral

  • How can utilities make the grid ready for an EV-dominated future?🚗⚡ With projections of 350 million EVs by 2030, utilities face a critical challenge: managing this surge without astronomical costs. So, our energy grids must evolve. See how solutions from advanced smart charging to integrating vehicle-to-grid (V2G) technologies can turn EVs from a challenge into an opportunity to support a resilient energy future in our latest article. 🔗 Read the full article here: https://lnkd.in/deMC2dXQ  #ElectricVehicles #SmartGrids #FutureOfEnergy

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  • Do you know what will happen to your EV when it "dies"? 🚗 Or did you know that companies are working on fully recyclable electric vehicles? 💡 Join us for a journey into the current challenges and future of EV recycling. Did you know? Researchers are revolutionising EV battery recycling processes to reduce costs and carbon emissions. 🔬💰 Plus, companies like Nissan Motor Corporation are working with researchers at Waseda University to find innovative ways to recover rare-earth compounds from EV motor magnets. 🌍⚡ But the excitement doesn't stop there! Explore projects like BMW Group's iVision Circular and the EU's ZEvRA, envisioning fully recyclable EVs made from recycled parts by 2035. 🔄🚀 Ready to dive deeper? Read our new article here: https://lnkd.in/grU_kY3x #ElectricVehicle #SustainableFuture #GreenTechnology #EVRecycling 🌱🔋

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  • True Energy A/S - a Landis+Gyr Company's René Frederiksen and the rest of the team want to say a big thank you to all attendees at the #exchange2024 event in Indianapolis. Hugely inspirational to hear and see so much about the #futureofenergy. An extra big thanks to Landis+Gyr and strategic partners Microgrid Labs Inc, TCS and SPAN 🚗⚡️ and to Amith Kota, Ifigeneia Stefanidou, Shishir Shekhar, MS, MBA, SMIEEE, John Romero, Steve Kenny and Jacob Ellefson

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    Managing Director at True Energy - a Landis+Gyr company

    Four amazing days at Landis+Gyr #exchange2024 in Indianapolis have come an end 🇺🇸 I got the chance to present True Energy A/S - a Landis+Gyr Company solutions as an integrated part of the Landis+Gyr portfolio alongside strategic partners such as Microgrid Labs Inc, SPAN and TCS 🚗⚡️ ✅ +500 attendees ✅ +130 North American utilities ✅ Going global with True Energy A/S - a Landis+Gyr Company solutions Amith Kota, Ifigeneia Stefanidou, Shishir Shekhar, MS, MBA, SMIEEE, John Romero, Steve Kenny, Jacob Ellefson and others… Thank you for having me 🙏🏼

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  • Sign up for our free webinar: Where - and how - can EVs be an energy asset? 🔋 Find out in our free webinar on Wednesday, June 5th, which includes a live Q&A session. For everyone from EV owners to energy companies, the Faroe Islands’ story points toward the future of energy - and the role that electric vehicles will play in it. 🚗 The islands have a stated ambition to have only green energy in the electricity generation setup by 2030. 🍃 Elfelagið SEV - Electrical company, the islands' sole energy provider, expects massive growth in energy demand, especially from EVs and heat pumps. Overall, the islands' energy needs will go from around 450 to 500 GWh a day in 2024 to potentially 800 GWh by 2030—all coming from renewable sources. 🔄 That will put extra stress on the demand side and require innovative approaches. Here, the charging - and managed charging - of EVs, which happens through a collaboration with True Energy A/S - a Landis+Gyr Company, plays a central role. 🔌 The Faroe Islands' approaches, innovations, and lessons learned can be applied across many areas and throughout the energy industry. Hear Terji Nielsen talk more about it in our free webinar. 🌍 Webinar details: • Date: Wednesday, June 5th • Time: 3 pm, European Standard Time • Location: Online Click the link to go to the sign-up page: https://lnkd.in/gGYHREuf See and read more about the Faroe Islands’ project on our website here: https://lnkd.in/gxVFVdJe  #ElectricFuture #ElectricVehicles #Webinar

  • True Energy A/S - a Landis+Gyr Company's René Frederiksen is at the Landis+Gyr Exchange in Indianapolis and enjoying sharing our solutions for intelligent integration of #EVs as a grid asset for #loadbalancing and #peakloadshaving.

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    86,265 followers

    Wave the green flag – Exchange is off to an electrifying start in the Racing Capital of the World, Indianapolis, IN. 🏎 Over the next three days, we will put the pedal to the metal and rev our engines for an exhilarating ride through cutting-edge technologies, industry trends, and strategic insights. ⚡ So, grab your helmet, tighten your seatbelt, and join us as we drive a resilient energy future, together! 🏁 #Exchange2024 #GridModernization #Electrification #EVs #DERIntegration #DERs #GridOrchestration #TheRaceIsOn

  • A great upcoming #webinar for anyone interested in the #future of #IoT!

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    86,265 followers

    Free Webinar - Unlocking the potential of IoT 🖥 We are pleased to invite you to our upcoming webinar on the topic of Internet of Things (IoT), which will take place on May 22, 2024. The Internet of Things has become a driving force of digital transformation and is changing our world in many ways. In our webinar we will cover the following topics: ✅ What is IoT and what technologies does the Internet of Things contain? ✅ Typical use cases for IoT ✅ The role of Landis+Gyr in the IoT space The webinar offers a great opportunity to deepen your understanding of the Internet of Things and gain insights into the latest developments in this field. Start your registration now and get in touch with our IoT experts Jaakko, Jeff, Luca and Thomas. 😀 Go to registration form: https://lnkd.in/eYCy4Qfh Date: May 22, 2024 Time: 2:00 p.m. (CET) Duration: 1 hour Language: English Platform: Go-To-Webinar Panelists: Jaakko Aho, Jeff Scheb, Luca Negri, Thomas Koch #iot #internetofthings #webinar #freewebinar #online #workshop #smartmetering

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  • 🌍 Is this what energy looks like in 2030? The energy landscape is set to change rapidly in the coming years. We have tried to capture images of the central trends that will redefine how we generate, store, and consume power: 🌞 Renewable energy and energy storage The shift towards renewable energy is not just continuing; it's accelerating. Solar and wind power is likely to more than double in capacity. Energy storage, including EV batteries, will become vital for balancing renewable production's intermittent nature, ensuring a steady supply meets fluctuating demands. 🔋 Decentralization and energy prosumers The future is decentralized, with homes not just consuming energy but producing and storing it through solar panels and in-house battery systems. This empowerment of consumers, turning them into 'prosumers,' fosters energy independence and resilience. 🌐 Grid modernization and smart technology Growing electricity demand and energy flowing back and forth means the grid must evolve. Energy companies that prioritise investments in software and hardware innovations that support grid flexibility and smart grids will have an advantage over those that prioritise massive infrastructure expansion projects. 🤖 AI and energy efficiency AI will be pivotal in refining energy solutions. By using advanced AI, energy companies can create a host of new opportunities for themselves, ranging from optimizing existing solutions to creating completely new approaches to energy generation and delivery. 🚗 Electrification of Transport EV numbers will surpass 350 million by 2030 and provide support for the grid through load balancing and peak load shaving, enabled by advanced smart charge systems. Vehicle-to-grid (V2G) and vehicle-to-everything (V2X) technologies will become widespread, allowing EVs to provide power and flexibility not just to the grid but also to homes and energy production. What do you think of the predictions? Let us know in the comments below. #FutureOfEnergy #SmartGrids #ElectricVehicles 

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