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Opinion Exchange

We do not only trade power, we also exchange ideas

The rapid rise of renewable power generation has already fundamentally changed and continues to disrupt the traditional energy landscape. In markets such as Germany the disruption has reached levels that the traditional approaches where different types of conventional plants were dispatched to meet variable demand can no longer apply. In our Blog OPX, we want to exchange opinions on the energy system of the future and share our experience from and our view on a market that already has transformed to a great extend in the past years.

Das Team der Software Developer
Energy Blog / Energy Transition / Renewable Energy / Energy sector / Virtual Power Plant / Energy Market

Software engineering: What does a software developer do in the Virtual Power Plant?

As a Virtual Power Plant, Next Kraftwerke aggregates electricity producers and storage units in order to trade their energy on various markets. A business model that is fundamentally based on digital technology and that offers many exciting projects for IT specialists. In this interview, we introduce you to the two software developers Lydia Lerche and Christian Heiden from the software engineering team, who talk about their work in frontend and backend development. 

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Die größten Baustellen der Energiewende
Energy Blog / Renewable Energy / Electricity Market / Energy Trading / Energy Transition / Power market

The Seven Potholes on the Road towards 100% Renewable Energy

For decades, the discourse around the energy transition was characterised by a simple "it can't be done". Those who - like us - formulated the goal of wanting to convert the entire energy landscape to renewable energies at conferences 10 years ago earned at best a weary smile. Today, the matter is no longer a question of "if", but only of "how" and above all "when". The technical possibilities are there - as is a social and industry-wide consensus on where the journey must go. For not only the advancing climate change, but also the energy crisis has shown us how problematic the dependence on fossil energy really is.

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Energy Blog / Flexibility / Renewable Energy / Power trading / Energy sector / Energy Trading

FlexAbility: How Battery Storage is Advancing the Energy Transition

Regardless of the ever changing perspectives of the debate on the energy transition, i.e. whether the current talk of the town is about achieving full supply with 100% renewable energies as quickly as possible or about what to do when PV and wind don't generate enough electricity for a couple of days or even weeks, whether it is about the right path for shutting down conventional power generators or about ramping up renewable technologies: experience shows that sooner or later we always end up with the topic of flexibility options.

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Energy Blog / Energy policy / Energy sector / Power market / Energy Market

Overview of the windfall tax acts in Germany and its European neighbors

Due to the high electricity prices, windfall tax laws have been enacted in all EU member states that skim off surplus revenues from the sale of electricity. As a rule, only electricity producers are affected by this regulation (with the exception of Poland). The windfall tax laws stipulate that electricity producers may keep part of the market revenues generated as "legally permitted revenue". Any revenue more than this (surplus revenues) must be surrendered. Many member states have decided to deduct not 100 % but 90 % of the surplus revenues in order to leave plant operators an economic incentive.

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