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Tag: AEW

  • Energy supplier plans move to former bank premises

    Energy supplier plans move to former bank premises

    AEW will not be relocating its new headquarters to the Obere Vorstadt site as previously planned. According to the energy supplier, the test planning launched in May 2024 showed that the possible site development was not sufficiently in line with AEW’s development goals.

    The search for a new location had become necessary because the current headquarters at Industriestrasse 20 in the Aeschbachquartier in Aarau does not fulfil AEW’s short to medium-term capacity and space requirements. For this reason, the rental contract, which expires in mid-2027, will not be extended.

    AEW has now found a suitable neighbourhood at Bahnhofstrasse 49: the premises of the former Credit Suisse. According to the information provided, they offer the space that AEW needs in the long term.

    As the Canton of Aargau is currently renting “significant space” in the Obere Vorstadt area for the High Court and judicial management, AEW intends to “initially” enter into negotiations with the canton regarding the sale of the entire Obere Vorstadt area. The move to Bahnhofstrasse is planned for 2027.

  • AEW invests in energy grid stability

    AEW invests in energy grid stability

    AEW Energie AG has launched a battery storage project together with Hitachi Energy. The storage facility is scheduled to go into operation on the AEW site in Baden-Dättwil AG in October 2023.

    The pilot project is intended to establish a solid energy supply and provide information about energy systems of the future. This is according to a media release. According to the statement, the companies have joined forces with students from the University of Applied Sciences Northwestern Switzerland (FHNW) in Windisch AG. The operating concept for the battery energy storage system (BESS) was developed as part of a student project. The goal is intelligent battery storage and innovative analysis, software and digital functions to cover peak loads, they say. The storage system is mainly used when demand is particularly high, for example at lunchtime.

    The energy service provider AEW is thus responding to the increasingly decentralised expansion of sustainable energy supply. In the development towards an energy mix, the regeneratively generated electricity must be distributed among photovoltaic systems, heat pumps, storage units and electromobility. At the same time, the storage system is intended to increase the level of knowledge on the operation of battery technologies, grid stability and ageing behaviour.

    Hitachi is providing the battery system. It provides 10 megawatt hours of usable capacity and an output of 5.5 megawatts. With a fully charged battery, the annual energy consumption of two four-person households can be covered or a community of 11,000 inhabitants can be supplied with electricity for about 45 to 60 minutes. The storage unit can be charged in less than two hours.

  • AEW takes a stake in the Aargau energy start-up

    AEW takes a stake in the Aargau energy start-up

    AEW Energie AG has entered into a strategic partnership with Virtual Global Trading , according to a media release . It will gradually acquire a stake of up to 35 percent in the start-up company based in Aarau.

    With eNet, Virtual Global Trading has developed a digital trading platform for the energy sector. It offers customers of energy suppliers various business models. For example, companies can present offers for battery storage or solar systems on the platform. These can then be used by private individuals – the customers of energy suppliers.

    The platform uses the daily updated data from the network operator's intelligent meters. The traded and processed energy data are automatically compared with the systems of the distribution network operator. When the platform registers a new smart meter, it creates a one-time token. Thanks to this token system developed and patented by Virtual Global Trading, the proof of origin of the energy is provided. Overall, the platform also enables all participants to react quickly to market developments.

    Together with the Liechtenstein power plants ( LKW ), the start-up is already implementing its system in Liechtenstein. The use of the platform there is also intended to serve as a model for other regions. The goal now is to roll out eNet continuously in Switzerland and Europe.

    “With our involvement in the start-up company, we are securing market experience from neighboring countries, where the regulation and liberalization of the electricity market are well advanced. We want to use this experience for our preparation for the complete liberalization of the electricity market ”, said Marc Ritter, Head of the Energy Business Unit at AEW, in an AEW announcement . Together with the start-up, AEW also wants to develop new market models for Switzerland.