FlexPower has launched an interactive PPA Configurator – the first tool to deliver algorithm-based optimization of industrial power procurement in real time.
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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
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