Sell electricity & reserve power in the Virtual Power Plant
Cogeneration Plants can regulate their output capacity, therefore they are particularly valuable for Virtual Power Plants. They can not only trade their electricity, but also bring positive and negative reserve power to the market. Contact our experts to find out what revenues you can generate in power trading and on the reserve power market.
Frequently asked questions
Here you will find answers to many questions concerning the marketing of your CHP plant in the virtual power plant. We will also be happy to answer your questions personally. Just get in touch with us!
How does the connection and data exchange with the virtual power plant work?
We connect your CHP plant to the virtual power plant via our Next Box interface or via the protocol interface that may already be present in your plant. The system is based on a reliable and tested mobile infrastructure for data exchange. The connection is established via a VPN (Virtual Private Network) with encryption according to IEC 60870-5-104 or Modbus TCP protocols.
How does electricity trading via Next Kraftwerke work?
Your generated power is sold on international power exchanges by our team of analysts and traders. The data you have generated with your CHP unit is essential for this task. With the real-time data from every power station in our network, our team can provide reliable forecasts and analyses. We then adjust these based on our meteorologist's forecasts, so that we can sell your energy at a higher profit. This not only guarantees higher profits, but also helps to build and strengthen a flexible energy market.
What is the Next Box?
The Next Box is your connection to the Virtual Power Plant. It manages the communication between your CHP-plant and our control system via a secure mobile connection that meets a legally prescribed requirement for the telecontrol capacity of a plant. The Next Box also enables you to operate your system according to a price-based scheme, which opens up additional trading opportunities.
How do auctions and price formation on the balancing energy market work?
Primary, secondary and tertiary reserves are negotiated by the Belgian TSO Elia during auctions on the control reserve markets. Market participants submit initial bids for the capacity price, which are sorted by amount in a merit list. For the secondary and tertiary reserve, successful suppliers participate in a second auction and submit bids for the unit price. If the control pool is required, the suppliers with the lowest price receive the RFx first. Higher offers follow in order. If a control reserve order is placed, secondary and tertiary reserve suppliers also receive the additional unit price. While the FCR and the RRF are subject to a weekly call for tenders, the RRFm is subject to a monthly call for tenders. In addition, Elia offers part of its FCR power on the regional market regelleistung.net.
What types of control reserve can my CHP plant provide?
Together with you, we analyse which reserve power market offers the highest value for your CHP installation. Important: We only ever make control energy calls within the restrictions you specify. You always retain control over your CHP plant.
Numbers & Facts
12 294MW Q4 2022
Volume of traded energy
15.1TWh in 2019