Frequently asked questions

The energy industry is one of the most outdated sectors. Using obsolete technologies and processes causes multiple problems such as inefficient energy production and consumption, losses during energy transmission and most importantly, financial losses. Energy from renewables is often wasted or causes more harm than good. In order to meet the growing demand for energy and at the same time reduce the impacts of global warming, we need to start managing the energy flow efficiently by implementing modern and smart technologies.

FUERGY is coming up with solutions that help decentralize the production and distribution of electricity and bring it on the local level. In this way, electricity is consumed as close as possible to its source, energy flow is balanced, well-timed, and most importantly, the renewable energy sources are used to the fullest. Decentralization seems to be the answer to the growing demand for electricity without having to invest billions into less flexible centralized power production and power grid modernization.

We are mostly present in the Slovak market as it is the market that we know the best and gives us the optimal conditions for testing and tweaking our products and services. Nevertheless, FUERGY aspires to become a global company. Our solutions are therefore designed to fit all market schemes and allow us to comply with most of the local regulations. The markets we plan to enter in the near future are Czech Republic, Hungary, Poland, Austria and Germany.

The financial effects of FUERGY optimization are generated at the level of the energy supplier. FUERGY manages energy consumption and production according to the situation in the power grid and according to the needs of the energy supplier in order to reduce the costs associated with energy supply. The achieved financial savings are divided between FUERGY, the energy supplier and the end customer.