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Error screen symbolizes the German mixed price system.
Energy Blog / Control Reserve / Energy Market / Power Grid / Renewable Energy / Virtual Power Plant

Lessons learnt from Germany’s mixed price system

Jan de Decker, Paul Kreutzkamp and Elias de Keyser from Next Kraftwerke Belgium explain in this blog what lessons can be learnt from the roughly nine months of the mixed price system on the reserve power market in Germany.

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Current development in the Chinese energy sector analyzed and explained.
Energy Blog / Energy Market / Energy sector / Renewable Energy / Virtual Power Plant / PV

Next Stop: China

In our blog series “Next Stop” we are taking a closer at various global energy landscapes. This time our stop is in China, where Jan Völpel from our “Innovation & Development team at Next Kraftwerke visited a workshop on demand side flexibility.

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The big sellout at the Control Reserve Market and its consequences on grid stability.
Energy Blog / Control Reserve / Energy Market / Grid Stability / mFRR / Power Grid

The big sellout at the Control Reserve Market

How the mixed-pricing system turns the security of the electricity grid into a speculative mass: On the sixth, 12th and 25th of June 2019, market distortions occurred in Germany; some of which had severe effects on the electricity grid.

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Johannes Paeffgen is the leader of the trading department at Next Kraftwerke
Energy Blog / Energy Exchange / Energy Market / Energy Trading / EPEX / European grid

EPEX: data failure, decoupling, disaster?

Due to a faulty data package, the European electricity exchange EPEX in Paris decoupled the European electricity market on June 7, 2019. This caused a great deal of excitement on the markets. Johannes Päffgen, Head of Energy Trading at Next Kraftwerke, explains the causes and consequences in an interview.

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Hendrik Saemisch is one of the co-founders of Next Kraftwerke.
Energy Blog / Energy Market / Energy policy / Energy Transition / Virtual Power Plant / PV

“Policy can no longer stop the breakthrough of renewables”

Clean Energy Wire interviewed our co-founder and CEO Hendrik Sämisch on milestones for the company and the energy transition.

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Energy sector and electricity access in India
Energy Blog / Energy Market / Energy policy / Energy sector / Renewable Energy / Flexibility

Next Stop: India

Our new series of blog posts covers power markets throughout the world. Our next stop is India – Ravi Vaidya is writing his master thesis on Non-European Flexibility Markets at Next Kraftwerke as part of our Innovation & Development team. Together with Jonas Simon, who has just been to India on a business trip, they discuss the Indian energy market.

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Business developers from Next Kraftwerke visit Japan to discuss potentials of building Virtual Power Plants
Energy Blog / Energy Market / Energy policy / Energy sector / Renewable Energy / Virtual Power Plant

Next Stop: Japan

Our new series of blog posts covers power markets throughout the world. To kick things off, Alexander Krautz and Tobias Romberg discuss their trip to Japan.

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Birds are balancing on the electricity grid.
Energy Blog / Decentralization / Energy Market / Entsoe-e / Power Grid / Renewable Energy

Who is disrupting the utility frequency?

On 10 January 2019, the utility frequency of Europe’s power grid dropped to 49.8 hertz. Many factors contributed to the near-blackout that evening, but the incident is not the only one in recent weeks that has shaken the grid.

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Windfarm in the country site on an island.
Energy Blog / Decentralization / Energy Market / Renewable Energy / Virtual Power Plant / VPP

Renewable Energy Island – Part 1

Somewhere in the big blue ocean, there lies an island that can serve as a blueprint for the approach to tackle the challenges of climate change with a self-sufficient supply through renewable energies.

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Knowledge / Electricity Market / Energy Market / Knowledge / Power trading

The energy-only market

What is the energy-only market (EOM)?Definition

In terms of the underlying concepts, an energy-only market is the opposite of a capacity market. An energy-only market only compensates power that has been produced. A capacity market, on the other hand, compensates the mere readiness, or capacity, for power production. 

To ensure supply is guaranteed, the energy-only market is supplemented by various flexibility options, such as control reserve markets. Beyond that, there are usually additional reserve models similar to a capacity market aimed at guaranteeing supply.

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