For over 20 years, Windkraft Simonsfeld has been active in the renewable energy sector, overseeing a broad portfolio of wind farms in Austria, a wind farm in Bulgaria, and a solar park in Slovakia. But it was Windkraft Simonsfeld’s longevity that created a new challenge for the company in 2016.
“Subsidies last 13 years in Austria, and in 2016, an 18-megawatt park became ineligible for an active subsidy,” explains Markus Winter, chief technical officer of Windkraft Simonsfeld. “To continue commercial operations at this facility, we looked for a partner who knew the field and could run an asset profitably without a subsidy. We also wanted work with a provider operating with 100 percent renewable energy, like us. That’s why it was an easy step to trust Next Kraftwerke with the job.”
To reduce the commercial risk, Windkraft Simonsfeld sells the energy it produces in tranches. “We decided to place the energy produced on different markets to protect ourselves from an array of different scenarios. This lets us avoid the risk of selling energy at the wrong time. We spread the risk and get good average prices. Beyond that, we can use information from the markets and from Next Kraftwerke to identify positive price developments and sell energy at the best time,” said Winter describing Windkraft Simonsfeld’s commercial concept.
Facts & Figures
|Link to partner website:||More about the Windkraft Simonsfeld AG|
|Implemented products:||Individual commercial concept without subsidies|