Next Kraftwerke cooperates with Toshiba in VPP project

Published: 28. October 2019

Next Kraftwerke and Toshiba Energy Systems & Solutions Corporation have signed a Memorandum of Understanding

Next Kraftwerke and Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) have signed an agreement (Memorandum of Understanding) to assess the compatibility of their Virtual Power Plant (VPP) systems and sales channels. The companies aim at jointly developing competitive VPP services by the end of March 2020.

In the new cooperation, it is Toshiba ESS and Next Kraftwerke’s objective to combine their expertise and provide services such as supply-demand forecast and optimized group control of the demand, generators and storage batteries. Toshiba ESS and Next Kraftwerke already cooperate in a project within a Proof of Concept (PoC) in Japan: Next Kraftwerke connects biogas units using NEMOCS, Next Kraftwerke’s VPP-as-a-service-solution, to control them. The new cooperation will consider the evaluated result.

Japan currently promotes renewable energy under the Feed-In Tariff (FIT) policy. This policy will be updated so that renewable energy becomes the main power source. This will require improved balancing solutions to stabilize the grid and more market trading.

Next Kraftwerke operates one of the largest VPPs in Europe. It digitally connects thousands of decentral-ized energy producing and consuming units all over Europe. The aggregator forecasts and trades the electricity on various European exchanges and uses it for ancillary services such as balancing energy. The company also provides the software-as-a-service solution NEMOCS for third parties to build their own VPP. Jochen Schwill, CEO at Next Kraftwerke: “Toshiba provides energy technology and software world-wide. We are very happy to expand our activities in Japan with such a strong and progressive partner. Combining our expertise is a promising way to prepare for the changes on the Japanese market and beyond.”

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Fotocredit: Toshiba Energy Systems & Solutions Corporation

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Next Kraftwerke

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.