FlexPower now supplies data centres with renewable electricity from its own wind and solar portfolio, combining PPAs, spot trading and battery storage.
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All Articles about Battery Storage
The value proposition of battery storage extends far beyond mere wholesale energy arbitrage. To truly unlock the full economic potential of these assets and maximize their contribution to grid stability, it is crucial to consider their participation in ancillary services markets. We show this multi-market optimization here by way of example focusing on all spot markets (Day-Ahead, Intraday and Intraday Continuous) as well as the ancillary services.
The Hamburg-based power trader, direct marketer, and power supplier CFP FlexPower has founded an independent subsidiary to expand the development and operation of grid-connected large battery storage systems in Germany. The new company, FlexPower Energy, focuses on providing energy storage systems rated between two and 50 megawatts of power.
Electricity (cross-product) price volatility has historically been closely linked to overall price levels. This trend seems to have ended in 2024 in Germany, as low marginal cost renewables are pushing the overall wholesale price level down, while peakers such as gas and batteries need to finance their investments in relatively few but increasingly expensive production hours
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.
