PowerMatch

PowerMatch shows you prices for the enwex production shapes for wind, solar and flexibility from battery storage. Basically, it shows you the willingness of platform participants to pay for (or sell for) wind and solar production as well as for flexibility. You see different prices for different times (e.g. for quarters or years) as the market values electricity in these times at different levels.

Of course. With PowerMatch you can sell your future production at a fix price even when your assets are part of a subsidy scheme. It is possible to leave the subsidy scheme in order to produce green certificates (at least in the German market), however this is not at all required.

Depending on whether or not your asset is part of a subsidy scheme, the advantage of selling your power forward lies in the fact that you can generate a more reliable revenue stream. You will now get a fix price for your expected volumetric production.

PowerMatch contracts function exactly like OTC contracts. The difference is that you are buying a PV or wind shape (different production volume every hour which in turn will depend on the weather) rather than a conventional baseload (1MWh per hour) shape. Combined with flexibility from battery storage, you can nevertheless receive a similar baseload product, with just the difference that it consists of 100% green power: PowerMatch contracts can be thought of as “virtual” wind or PV production assets. The fact that we have more and more wind and solar production means that you should be able to buy this production at stable and affordable prices. It is your opportunity to participate in the energy transition and the low production costs of renewable power.

PowerMatch standardizes PPA products in order to create simplicity, transparency, efficiency and better prices. However, standardization comes at a price.
For Producers: The enwex shape can be scaled to your own production so that you are left with very small residual positions. However, these positions exist, and there you carry a residual price risk. In practice these risks are minimal as the residual volumes are very small.
For Buyers: The risks are highly reduced compared to all other PPA constructs as you are not buying the power from a specific plant but from a diversified portfolio. The fact that you buy a generic profile means that forecasting your purchased production can become a standardized process. 

The biggest macro challenge of the energy transition is that the weather i.e. wind and solar cares little about our consumption profiles. This means that also in your micro case, wind and solar production will not exactly match your consumption. Depending on your strategy, you will sometimes have more power than you need and sometimes less. We can help you estimate this “residual risk” by showing you a good combination of wind and solar that takes care of most of your price risk.
Moreover, our flexibility product can help you alleviate this risk as it creates a virtual battery in your portfolio. For a fixed price, it will deliver you power in the most expensive hour and store power in the cheapest hour and thereby eliminate the risk that you are stuck with loads of wind and solar production when prices are low and no power at all when prices are high. 

At FLEXPOWER we are traders, so we are showing you prices in a market: i.e. the willingness of the buyer to pay a certain price (tends to be lower) and the willingness of the seller to sell at a certain price (tends to be higher). The platform is showing prices for both power producers as well as power offtakers. The higher price is posted by the producers for the offtakers, i.e. the one for people that are looking to buy power. The lower price is posted by offtakers for asset producers looking to sell their future power at a fix price. Buyers are bidding for power at a lower price than sellers are offering their power at. Only when the two prices match each other, the respective power flow gets matched i.e. traded as well.

FLEXPOWER acts as a market maker on both sides of the platform. We are posting prices at levels we are willing to transact on. Though, the idea of the platform is to have transactions happen between producers and offtakers directly rather than producers dealing with FLEXPOWER and then FLEXPOWER dealing with offtakers. We therefore invite you to post prices to buy and sell on the platform if you don’t like the prices that you are seeing.
If offtakers and producers match their interest on the Platform, FLEXPOWER takes care of the “power logistics” – essentially making sure that the the physical side of the transaction is handled correctly. FLEXPOWER will act as counterparty for each side of the transaction.