Balancing Energy

Use your Power to Stabilize the Grid

Balancing energy

The increased volatile feed-in of renewable energies brought a challenge to managing power grids: a stronger fluctuating grid frequency. These fluctuations need to be minimized in order to keep the grid stable. Aggregated in a Virtual Power Plant (VPP), distributed assets can play a vital role in levelling out these fluctuations. Next Kraftwerke networks small-scale producers, storage units and C&I-consumers in its VPP and thereby provides access to profitable balancing energy markets.

Balancing Energy from Distributed Assets

Biogas Plant in our Virtual Power Plant
Biogas Plant in our Virtual Power Plant
Today, not only large power plants can provide balancing energy. Aggregated in a Virtual Power Plant, flexible assets like biogas plants, hydropower units, CHP plants, batteries and even emergengy generators can help stabilizing the grid and thereby generate additional revenues. Smaller units often have a shorter reaction time and combined in a VPP they offer a higher granularity in catching fluctuations. Next Kraftwerke is active in seven European TSO areas providing ancillary services.
Today, not only large power plants can provide balancing energy. Aggregated in a Virtual Power Plant, flexible assets like biogas plants, hydropower units, CHP plants, batteries and even emergengy generators can help stabilizing the grid and thereby generate additional revenues. Smaller units often have a shorter reaction time and combined in a VPP they offer a higher granularity in catching fluctuations. Next Kraftwerke is active in seven European TSO areas providing ancillary services.

Requirements for the Provision of Balancing Services

Different countries have varying balancing service products and requirements. But generally speaking, if you are operating an asset that has the capability of ramping up or down its power production, you can provide balancing energy through a VPP. Once your asset is prequalified (technically and functionally checked for complying with the transmission code), the unit will be part of the VPP providing balancing energy. In case of a frequency imbalance the VPP will receive an order from the TSO requesting a certain amount of power in order to balance out frequency deviations.

For providing balancing energy, your asset needs to provide the following features:


  • Continuous power production

  • Possibility for remote control of your asset

  • Fast reaction time of your asset's power production

Aggregated in a VPP, distributed assets can make important contributions to the stability of a power grid and generate additional revenues.

Demand Response

Power consumption processes of C&I consumers can play an important role in providing balancing energy and help owners to generate additional profit. In this way, companies can generate revenues where they normally only have costs. The provision of reactive flexibility does not interfere with the main purpose of the industrial purpose. The operator or factory owner sets the restrictions in which the process can provide flexibility. The actual call for flexibility only uses a fraction of the entire consumption process.
Power consumption processes of C&I consumers can play an important role in providing balancing energy and help owners to generate additional profit. In this way, companies can generate revenues where they normally only have costs. The provision of reactive flexibility does not interfere with the main purpose of the industrial purpose. The operator or factory owner sets the restrictions in which the process can provide flexibility. The actual call for flexibility only uses a fraction of the entire consumption process.

Additional Revenues through Demand Response

More consumption processes than you might imagine are suitable for providing balancing energy. The following aspects are indicators that your process might also be able to provide demand response services:


  • Continuous power consumption

  • Possibility to temporarily reduce load within the consumption process

  • Possibility to ramp up the consumption on short notice

  • Existence of a buffer (batteries or storage tanks, silos)?

  • Automated consumption control via process control technology

  • Existence of own power production on the companies premises (CHP, emergency generators, power to X, etc.)

How to Start

Bringing your asset to the balancing energy markets is basically done in three simple steps:

Our remote control unit Next Box

1. Connection

An encrypted connection is established via the Next Box remote control unit.

2. Prequalification

The unit needs to be prequalified to comply to the TSO regulations for providing balancing energy.

Make money with making the flexibility of your power plant profitable.

3. Revenues

The asset owner receives revenues according to his contribution to grid stability.

References

Numbers & Facts

51
MW 
Prequalified R1 (in Europe)
954
MW 
Prequalified R2 (in Europe)
1,713
MW 
Prequalified R3 (in Europe)
2,550
MW 
Aggregated Flexibility
7
TSO areas 
Ancillary service provided in
197
 
Staff

We are Next Kraftwerke

As one of the largest Virtual Power Plants in Europe, we network thousands of decentralized electricity generators, consumers and storage units. Through this network, we enable smaller units such as wind, solar, and biogas plants, as well as battery storage and electricity consumers, to participate in lucrative electricity markets. With our own trading floor, we trade on various European power exchanges and provide balancing power for grid stabilization. This way, we help shape the energy landscape of the future - for a power supply from 100% renewable energies.

Get in Touch

Please fill out the contact form below, if you want further information about your options regarding schedule optimization for your power producing asset or your power consumption process