FlexPower GmbH, PowerField Energy B.V., and Spectral have commenced trading operations for the co-located Battery Energy Storage System (BESS) and Photovoltaic (PV) plant in Wanneperveen.
...July 3, 2024
Knowledge is key
"How much money can I make with a battery?", we get asked a lot. To answer this question, we created the FlexIndex, which is a transparent reference for the value of flexibility on the German power market. Check it out...
You are on the hunt for a speaker on topics such as power trading, battery energy storage, or the need to balance renewables? Ask for a speaker and we will send one of our experts to your lecture or conference.
Find out by taking the ultimate power trader's quiz and answer questions on energy markets and trading strategies!
Nothing beats first-hand knowledge from experts. Our energy traders and engineers give insights into their job, the market environment they operate in, and what we are working on.
FLEXPOWER helps you to bring your portfolio to the energy market. We combine over 25 years of experience in renewables trading in our seasoned team of short-term energy traders. We manage large-scale renewable portfolios and flexible assets with our lean and fully digitized approach.
From Action to Zuccess
B
A Battery Energy Storage System (BESS) is a system that uses batteries to store electrical energy, which can then be released back into the electrical grid as needed. BESS can be used for a variety of purposes...
F
A Battery Energy Storage System (BESS) features more than just the battery that stores electricity - there are multiple other functions and components in a BESS. These include power electronic functions, the functions of the control and management systems as well as metering and communication functions...
M
Marginal Pricing is an economic model that explains a specific type of pricing. It posits that in competitive markets, the equilibrium price (where supply and demand are equal) is largely determined by the producers with the highest marginal costs (at the equilibrium point).
There are several forms of market participation for a Battery Energy Storage System (BESS) in energy markets. Check out our list of energy markets that are a good fit for flexibility from battery storage.
The market value is a metric that measures how valuable electricity coming from a particular plant is. It helps us understand how higher shares of renewables collectively lead to lower returns and its implications for the ongoing energy transformation.
P
Currently, electricity is largely auctioned on the exchanges through Pay-as-Clear Auctions, where the price for all suppliers is based on the highest bid. Pay-as-Bid Auctions, where each supplier is paid according to their individual bid, are intended to lower prices. But there's a catch.
R
The REMIT regulation, formally known as the "Regulation on Wholesale Energy Market Integrity and Transparency," is a pivotal legislative framework within the European Union (EU) that plays a crucial role in ensuring the fairness, transparency, and integrity of the wholesale energy market.
T
The following technical measures are important for evaluating the performance and suitability of a battery energy storage system (BESS) for a particular application, and they are often used to compare different battery storage technologies.
U
Uniform Pricing refers to a situation where all buyers in a market pay the same price for identical products or services. This contrasts with price discrimination, where different prices are charged for similar transactions, depending on the buyer or seller.
Radical honesty is a rare animal in the wilderness of energy trading so we are proud to share some stories which are maybe harsh, quick and dirty but speaking the truth, the truth and nothing but the truth.
July 3, 2024
FlexPower GmbH, PowerField Energy B.V., and Spectral have commenced trading operations for the co-located Battery Energy Storage System (BESS) and Photovoltaic (PV) plant in Wanneperveen.
...June 3, 2024
This blog post is the third in a series of articles about hedging price volatility using standard shapes such as wind and PV, as well as more novel and somewhat non-standard ones, such as the FlexHL (Battery). While the first two articles were explainers for consumers, this one is for suppliers who are looking to sell their flexibility, i.e. BESS owners.
...April 5, 2024
A Tale of Merchants, by Amani Joas
...With us, you work on shaping the energy system of the future and create the headlines you want to read. We welcome you to enquire about the most dynamic and tech-savvy energy trading house in Europe.