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All about Virtual Power Plant

Webinars / Virtual Power Plant / VPP / Renewable Energy

How VPPs integrate renewables into the energy system

Wed., April 29 2020, 9:30 a.m. (UTC+2)

Higher shares of renewables in electricity mix require perfect coordination of their energy generation to provide a cost-efficient and secure electricity supply and guarantee a stable grid. Virtual Power Plants (VPPs) allow to aggregate thousands of electricity producers, consumers and storage units and to control them according to signals from the wholesale market and system operators. 

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Webinars / Virtual Power Plant / VPP / Business Model

VPP Business Models

Tue., April 21 2020, 3:30 p.m. (UTC+2)

Virtual Power Plants aggregate distributed energy resources (DER) in almost all parts of the world. However, they take different forms depending on the market environment and addresses different challenges of the transitioning energy industry. The webinar presents different Business Models renewable energy companies can adopt and shows how the same technology fundamentals can deliver different value propositions for different types of assets and market actors.

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Webinars / Aggregator / Virtual Power Plant / Renewable Energy

RES Aggregation in Greece: What are the business models?

Wed., May 26 2021, 1 p.m. (CET)

In Greece, the role of the RES Aggregator (FoSe) has been recently established, which will take over the trading of RES in the future. Therefore, Next Kraftwerke, one of the largest Aggregators in Europe, brings together experts from Greek utilities, aggregators and institutions to discuss opportunities and challenges for the Greek RES aggregator market in a webinar format. 

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Jochen Schwill and Hendrik Saemisch are the CEOs of Next Kraftwerke.
Energy Blog / Renewable Energy / Virtual Power Plant / Energy sector / Energy Market / VPP

If you want change, you need the courage to change

Hendrik Sämisch and Jochen Schwill, founders and CEOs of Next Kraftwerke, on the partnership with Shell Renewables & Energy Solutions

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Flexibility in the Energy Grid explained and future pathways analyzed.
Energy Blog / Electricity Market / Energy Grid / Energy Market / Flexibility / Virtual Power Plant

Flexibility in the Electricity System: What does it Actually Mean?

We need more flexibility in the electricity grid, in the electricity market, in the entire electricity system. One can hear these demands repeatedly in connection with the energy transition. This is because an increase in the share of wind and solar in the electricity mix, which generate electricity in a volatile manner and can only be controlled to a limited extent, poses new challenges for the electricity grid.

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Belchatow Power station in Poland
Energy Blog / Virtual Power Plant / Electricity Market / Control Reserve / Energy policy / Energy sector

The (Almost) Black Monday in Poland

On June 22 of 2020, Poland came very close to a countrywide power outage: Power plants with a capacity of thirteen gigawatts (out of which, only six planned) went down – and subsequently, balancing energy prices rose to record level.

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Nods symbolize the grid of the algorithm of the Virtual Power Plant.
Energy Blog / Algorithm / Grid Stability / Power Grid / Virtual Power Plant / VPP

How Are Units in a VPP Selected to Provide Ancillary Services?

In a Virtual Power Plant, thousands of systems provide balancing services every day. But how exactly are the individual units selected for the provision of balancing energy? Which factors are taken into consideration?

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Value of virtual power plants to society expained.
Energy Blog / Aggregator / Energy Market / Market integration / Virtual Power Plant / Grid Stability

The Top 10 Questions When Planning a Virtual Power Plant

Anyone who wants to aggregate decentralized plants in a Virtual Power Plant is confronted with a whole range of questions during the planning phase: Which business cases are feasible in the regulatory context of my country – and which ones make economic sense in this market environment? How can I connect the technical units in my Virtual Power Plant and which solutions meet the technical requirements of the grid operator? We compiled the top 10 questions each aggregator-to-be need to find an answer for.

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Knowledge / Algorithm / Data analysis / Knowledge / Virtual Power Plant

Artificial Intelligence

What is Artificial Intelligence in the Energy Industry ?Definition

In recent years, Artificial Intelligence (AI) has gained relevance in a wide variety of sectors. However, defining the term poses some difficulties. Central to Artificial Intelligence is that it makes and implements decisions based on data (information) independently with regard to the set goals. The term artificial distinguishes AI from the "natural intelligence" attributed to humans and animals. Narrower definitions see AI as a branch of computer science that deals with machine learning and the automation of intelligent behavior. Still, the definition of intelligence remains vague and excludes other areas of research, such as robotics or linguistics.

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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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