FlexPower has launched an interactive PPA Configurator – the first tool to deliver algorithm-based optimization of industrial power procurement in real time.
- Home
- |
- Tag: Spot Market
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.
Since December 1, 2024, the Hamburg-based power trader CFP FlexPower GmbH has been responsible for the dynamic procurement of electricity for Bremen’s Überseeinsel. The Überseeinsel urban development project is part of Bremen’s Überseestadt district and is creating a new residential and business quarter on 16 hectares.
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