VPP grows from 4,000 to 6,000 MW – Review 2018

One large German newspaper recently named us Utility of the future, which made us reflect on what we really are today. So, this is about you, 2018: For starters, we were able to raise our networked capacity from 4000 to 6000 MW. Almost half of our growth was achieved by our international subsidiaries.

In Italy alone, we added 320 MW to our pool for renewables trading since September 2018. We also diversified the units in our pool: We added some more electrolysers, batteries in the MW scope, even electric vehicles, a lot of PV and wind as well as bioenergy from different countries. Last but not least we are now also automatically operating the lamps in some glasshouses in the Netherlands to provide balancing reserve to the TSO. In sum, we trade energy in eight European countries and we are prequalified to provide balancing reserve in seven European control areas. 2018 was not only about portfolio. We also introduced our VPP-as-a-service-solution NEMOCS and our trading platform NEXTRA. And on a lighter note, we also started the main sponsorship for the women‘s Bundesliga team of Chess Club Hamburg. 2018, you sound pretty nice.

Still, it goes without saying, growth always is a challenge, too. Business as usual is a stranger to us. This is why we feel so fortunate to have a team that still is eager to learn, try new things and let our organization grow and develop one step at a time. This way we want to continue what we have started to live up to our reputation as a utility of the future.