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Knowledge / Renewable Energy / Grid Stability / Power Grid / Grid Balancing / Power market

Curtailment of Electricity

What is Curtailment of Electricity?Definition

In the energy sector, the term “curtailment” refers to the reduction of power production (“generation curtailment”) or – less frequently - power consumption (“load curtailment”) when there is too much electricity in the grid (generation curtailment) or when there is not enough power in the grid (load curtailment). Curtailment aims at lessening the stress on the grid at a given moment of the day. Most commonly, curtailment is associated with the reduction of infeed from renewable energy sources.

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Knowledge / Power trading / Energy Trading / Electricity Market / Power market / Knowledge / EPEX

Power Trading

What is Power Trading?
Definition

Power trading refers to purchasing and selling power between participants in the energy industry . Various forms of power trading are possible depending on the market design, ranging from short-term trading to long-term power purchase agreements.

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The corona crisis and its influence on the electricity markets.
Energy Blog / Control Reserve / Energy Market / Frequency Control / Power market / Power Grid

The Corona crisis and the electricity market

The COVID-19 pandemic shakes up the world – but the power grid in Europe remains stable. What ensures this stability and how do the electricity markets in Germany and Europe react to the situation?

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J Ho Lee from Haezoom
Energy Blog / Renewable Energy / VPP / Solar / Forecasting / Power market

Spotlight NEMOCS: Starting a VPP with Haezoom

Venturing into a green energy landscape – especially in countries with no established subsidy schemes for renewables – is a huge undertaking, but also leaves a lot of room for establishing new approaches. South Korea is a country that is still in its first steps of establishing a decentralized green energy industry. Haezoom is a start-up from South Korea that specializes in solar power production. Together with Next Kraftwerke, the Seoul-based company sets out to explore the possibilities of utilizing a VPP. We talked with J-Ho Lee, Product Owner (PO) from Haezoom, and Felix Jedamzik, Key Account Manager NEMOCS at Next Kraftwerke.

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