German intraday market drives down balancing costs

Next Kraftwerke’s CEO, Hendrik Sämisch, took a look on current developments on the German energy market while speaking with Argus Media. He stated Germany should rely on its short-term power markets to balance out rising intermittent renewable power generation and deliver the most cost-effective flexibility options. Read more…


Next Kraftwerke operates one of the biggest Virtual Power Plants in Europe. By utilizing the full potential of digitalization, the company networks more than 5,400 energy-producing and energy-consuming units in the Virtual Power Plant “Next Pool” with a total capacity of over 4,500 MW. Through its technology and trading, clients are able to produce and consume electricity when prices are best for them. By trading their aggregated power 24/7 on different energy spot markets the Virtual Power Plant also makes a substantial contribution to stabilizing the grid by smartly distributing the power generated and consumed by the individual units in times of peak load.