Since the beginning of the corona crisis, negative power prices have become quite common for electricity traders: In this blog, we explain how negative electricity prices develop and what is positive about them.
For weeks now, Germany and its European neighbors have had a peak season for wind power. The winter storms Sabine (also known as Ciara or Elsa), Victoria (known as Dennis in UK) and Yulia brought new records - most recently the unprecedented peak value of 46.2 gigawatts (GW). Renewables accounted for 69 percent of net electricity production in the third week of February, with wind accounting for 55 percent. Never before has so much wind power been fed into the German power grid. Are these figures the result of extreme weather conditions, which simply brought us an extraordinary number of storms this winter, or is there a general trend here? And how does the German energy system actually cope with these record values?
The journey to the world's electricity markets continues: This time Felix Jedamzik and Tobias Romberg from our Business Development team were on the road in Thailand and report on their impressions.
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.
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 "nnovation & Development team at Next Kraftwerke visited a workshop on demand side flexibility.
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.
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.
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.
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.