The more widespread smart meters get, the more feasible dynamic pricing is likely to become. In fact, the EU directive "Dynamic electricity price contracts" requires member states to implement dynamic pricing into national law by 2025.
Currently in Spain, TOU (Time-of-Use), Critical Peak tariffs and Real-time tarifs are the default options used by nearly 40% of household consumers in Spain.
In Scandinavia, despite the widespread smart meter rollout, seasonal fluctuations dominate the power market, and so the most common price structure involves variable tariffs that change monthly.
In Austria, there are some very good options that electricity consumers or PV prosumers can chose from such as eFriends, Energie AG - Fairteiler, among others.
In Germany, few options exist but all electricity suppliers will be required to offer variable and dynamic models by 2025. Variable grid fees based on a simple TOU model are also coming to Germany as well as other countries.
Smart meters along with dynamic tariffs offered by electricity operators are essential to obtain maximum performance from PV systems with home batteries, which can be managed by HEMS solutions
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