Glossary

Energy Company

An energy company is a group of individuals, households or organizations that work towards  the aim of producing, consuming, storing and controlling energy. These companies often focus on the use of renewable energy sources, such as solar, wind or hydroelectric power plants, with the goal of increasing energy self-sufficiency, reducing energy costs and contributing to sustainability.

Energy companies enable members to produce energy, which leads to a more efficient use of resources and a reduction of greenhouse gas emissions. These companies can also benefit from financial rewards for providing support services to the power grid, such as stabilizing the grid and compensating for fluctuations in energy consumption and production.