The Austrian Bundesforste trade electricity from hydropower via the Next Pool


Published: 30. November 2020

Hydro power plant Kainischtraun Hydro power plant Kainischtraun Forstaubach, Hallstatt, Kainischtaun and Schallau - these are the names of the four Austrian hydroelectric power plants that will contribute their energy to the Virtual Power Plant from 2021. The operator of the small hydropower plants are the Austrian Bundesforste. Since 2006, they have been generating energy from water with small hydroelectric power plants. Currently, the Bundesforste operate eight such sustainable electricity producers - four of which Next Kraftwerke has now added to its pool.

Some of the plants have received investment subsidies from the state, but otherwise they run entirely without subsidies and have to trade their electricity on the free market. Next Kraftwerke is now taking on this task. The Virtual Power Plant forecasts the electricity production and trades the green electricity with an optimized marketing strategy on various electricity markets. In this way, Next Kraftwerke enables the Bundesforste to offer electricity on the spot market and the futures market.

hydro power plant operated by the Austrian Bundesforste hydro power plant operated by the Austrian Bundesforste During construction, the Bundesforste not only had sustainable electricity production in mind, but they also designed the hydroelectric power plants to fit into the landscape. The use of land, for example, was kept to a minimum and the design of the buildings was adapted to the respective townscape and landscape. The small hydroelectric power plants produce about 74 million kWh annually, which is the average annual demand of almost 18,500 households.

Specifications
ForstaubachAnnual Production 6,500 MWhNominal Power 1,650 kW
HallstattAnnual Production 22,000 MWhNominal Power 4,300 kW
KainischtaunAnnual Production 12,500 MWhNominal Power 3,800 kW
SchallauAnnual Production 1,250 MWhNominal Power 320 kW

Source and Credit: Bundesforste


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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 thousands of energy-producing and energy-consuming units in the Virtual Power Plant “Next Pool”. 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.