North Media completes the acquisition of technology for grid balancing

▤ Summary

North Media has completed its acquisition of BEAM, a software platform for electricity grid balancing. The company says the platform will connect household and business energy assets such as solar panels, heat pumps, and batteries to Energinet. North Media plans to keep developing BEAM and aims to make it a market-leading solution. The company also expects the platform to create new income opportunities for asset owners while improving flexibility in the power grid.

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