Watch out for virtual utilities


"Among the threats facing incumbent utilities are virtual or digital utilities", writes Fereidoon Sioshansi. If you want to know why, read his article on reneweconomy.com … .


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Next Kraftwerke operates one of the biggest Virtual Power Plants in Europe. By utilizing the full potential of digitalization, the company networks more than 4,500 energy-producing and energy-consuming units in the Virtual Power Plant “Next Pool” with a total capacity of over 3,000 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.