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.
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.
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.
In the second part of our series, we will talk about different concepts for Virtual Power Plants on islands and island groups for providing a sustainable and secure power supply.
More renewable energy means less grid stability – this concern is often repeated by critics of renewable energy. But how is the stability of the grid actually measured?
A successful energy transition is dependent on integrating decentralized energy systems. To clarify important questions regarding decentralization – including the upsides and challenges for energy systems – we spoke with Next Kraftwerke’s in-house power trader, Amani Joas.
Electricity markets around the world are experiencing a fundamental change: the rapid rise of renewable power generation. In some places the power generation of renewables is occasionally exceeding the total demand in the electricity grid.