The Problem with Traditional Energy Trading

The traditional energy trading model is flawed, according to Terralayr's founder. "The industry, while still very nascent, has been built the wrong way around," he said. "Today, people build a battery, and then somebody else trades it." This approach creates inefficiencies and high costs for both battery owners and power providers. For instance, battery owners often struggle to find buyers for their excess capacity, leading to wasted energy and revenue. Meanwhile, power providers face the challenge of managing their output to meet demand, which can result in costly penalties for failing to match their forecast.