German intraday market drives down balancing costs


Published: 24. February 2016

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…


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Next Kraftwerke operates one of the largest Virtual Power Plants in Europe. By utilizing the full potential of digitalization, we connect more than 4,000 energy-producing and energy-consuming units in our Virtual Power Plant Next Pool with a total capacity of over 2,800 MW. Through our technology our 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 our 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.