Location-Based Swapping: Power swapping may involve transferring electricity between different geographic locations to address regional disparities in supply and demand or alleviate congestion on transmission lines. For example, surplus electricity generated from any sources in one region can be swapped or transmitted to another region experiencing higher demand or lower renewable energy availability.

Time-Based Swapping: Power swapping can also involve shifting electricity consumption or generation from one time period to another to optimise energy usage, reduce peak demand, or take advantage of price differentials in electricity markets. This may include storing surplus energy during periods of low demand or high renewable energy production and discharging it during peak demand or when renewable energy availability is low.

Renewable Energy Integration: Power swapping plays a crucial role in integrating variable renewable energy sources such as solar and wind power into the grid. By enabling the flexible management of renewable energy generation and consumption, power swapping helps balance supply and demand, mitigate variability and intermittency, and support the reliable integration of renewable energy into the electricity system.