What does the market access service offer?
Next Kraftwerke gives you access to all relevant European electricity trading venues without having to make major investments or hire specialists. Next Kraftwerke can act for you at the electricity trading places and you can always keep an overview of the activities carried out for you via NEXTRA. In addition, NEXTRA offers the possibility to trade in the short and long term markets.
Which markets does Next Kraftwerke offer me access to?
Next Kraftwerke gives you access to a wide variety of electricity trading places: futures market, day-ahead trading and also for continuous intraday electricity trading. These trading venues include EPEX Spot, the EEX derivatives market and international electricity exchanges such as the Austrian electricity exchange EXAA. We can also offer you access to our OTC partners and provide you with access to your flexible portfolio on the balancing energy markets.
Do I have to meet admission requirements?
No. For market access organised by Next Kraftwerke, there are no separate entry requirements to be met, except for appropriate creditworthiness.
What are the advantages of market access via Next Kraftwerke?
Next Kraftwerke opens the door to the European energy markets. This means that you do not have to bear the costs of an IPO yourself and benefit from our know-how as an experienced electricity trading company. Market access services are the basis for using one of our other energy services and thus form the basis for saving further costs, minimizing risks or managing your portfolio more profitably. Optionally, you can use our trading portal NEXTRA and operate on the markets, analyze and monitor data.
What does market access via Next Kraftwerke cost me?
Access costs for the various trading venues are an investment you do not want to make? Market access via Next Kraftwerke minimizes these costs. Our service fee is based on the volumes we trade for you. This means: You save the stock exchange setup costs as well as expenses for infrastructure and personnel and still have access to the market price.
How does market participation via Next Kraftwerke work in concrete terms?
With our simplest service, market access, you tell us what quantities of electricity we should buy or sell where for you or you simply trade the quantities yourself via our energy trading portal NEXTRA. Communication can take place via secure e-mail, FSTP server, a REST interface or our customer portal NEXTRA (link to trading.next-kraftwerke.com). You make all decisions yourself. Should you also wish to make forecasts about your consumers and producers as well as about price developments at the electricity trading centres, you can make use of one of our other services. We will be happy to advise you individually on the possibilities and opportunities.
Balancing group management
What does the balancing group management service offer?
As balancing group manager, you have to fulfil a large number of obligations, the scope of which has increased considerably in recent years. Next Kraftwerke can support you in managing your balancing group. You are free to decide whether we should take over part of your tasks or the complete balancing group management. With NEXTRA, you can also easily manage your balancing group yourself: coordinate your own portfolio data with the constantly updated data from our trading floor and balance your portfolio.
What specific tasks can Next Kraftwerke take on in balancing group management?
- Quarterly balancing group management in compliance with all guidelines and regulations
- Energy data management - here the plausibility of your feed and extraction data is ensured and they are also prepared for further processing
- Communication with the balancing group coordinator. Next Kraftwerke also takes care that the obligatory data transmission is observed
- 24-hour availability for timetable communication. In the event that the TSO reports an error in the transmitted timetable data or the data of our trading partners, we can react immediately and make corrections if necessary.
- Complete balancing group management taking into account MaBiS requirements and portfolio risks
- With NEXTRA, Next Kraftwerke provides a clear overview of relevant data that you can coordinate with your own data. You can also use NEXTRA to directly balance your balancing group and view forecasts tailored to your needs. You leave balancing group management to Next Kraftwerke? Here, too, NEXTRA is a useful tool to get an overview of the activities carried out for you and to monitor them.
Can I remain responsible for my own balancing group if I want to use the balancing group management services?
Yes, you can remain balancing group manager. In this case, if you wish, we will gladly market your residual profile and smooth out the quarter-hours you have already traded, or carry out other tasks as a service provider. Or you can easily meet your obligations as balancing group manager via our trading portal NEXTRA.
What advantages do I have if Next Kraftwerke takes over balancing group management?
In addition to a relief, since you now have to take on fewer balancing group management tasks and can therefore concentrate on your core business, you also benefit from Next Kraftwerke' many years of experience and know-how. Your risks are also reduced. Your risk of an unbalanced balancing group and the associated compensation payments is reduced by constant optimisation and adjustments of our forecasts during the day as well as the 24-hour readiness. In case of schedule inconsistencies, our experienced schedule management team takes over the problem solution and direct communication with the transmission system operators/balancing group coordinators in order to avoid sometimes expensive balancing energy costs and to ensure a balanced balancing group.
What does balancing group management by Next Kraftwerke cost?
This cannot be answered across the board. The price of balancing group management depends on the one hand on the service taken over for you and on the other hand on the characteristics of your balancing group. In addition, you decide yourself whether you would rather bear the remaining balancing energy costs or have the risks covered by a lump sum. Please feel free to contact our specialists for individual advice and we will put together suitable services for you.
How do I keep track of the balancing group smoothing performed by Next Kraftwerke?
Balancing group totals time series are made available to you. This allows you to track at any time what activities we have undertaken to smooth out your balancing group. Or you can use NEXTRA to view the activities or become active yourself.
What does the portfolio management service offer?
There is no such thing as only one portfolio management. Because just as unique as your portfolio is its management. Next Kraftwerke offers you support for the preparation of generation and consumption forecasts. The basis of the forecasts is the large amount of meaningful data, such as forecasts at the electricity trading centres or information from our power plant pool, which we collect and interpret and make available to you on our customer platform NEXTRA. In a second step, we will bring these forecasts in line with the timetables realised on the following day. Through the short-term trading of required or surplus quantities of electricity on the intraday market, we can smooth out your balancing group. The result is a higher balance group loyalty and reduced risks for the balancing energy.
What specific tasks can Next Kraftwerke take on in portfolio management?
I want to manage my portfolio myself. How can Next Kraftwerke support me?
The portfolio management portal NEXTRA offers you the possibility to manage your portfolio optimally yourself. You get 24/7 access to the European energy markets and can become active there without having to invest in your own trading infrastructure. You can also enter your portfolio data. Together with real-time data and forecasts provided by Next Kraftwerke, you can get the most out of your portfolio. Access to NEXTRA is either via API or the Web Frontend. Several users can also work simultaneously with NEXTRA to optimize their portfolio management.
What is the difference between portfolio and balancing group management?
Portfolio management is closely interwoven with balancing group management. You can put together the various services grouped under the keywords portfolio or balancing group management as you wish. While portfolio management maps the trading, buying and selling strategies individually according to specially defined logics of the individual market players in the energy industry, balancing group management is geared to regulatory requirements.
Do I have to be balancing group manager in order to benefit from portfolio management services?
No, you don't have to be an established electricity company. We would also be pleased to support you in opening a balancing group and then manage it in a service-providing manner.
What are the costs of portfolio management?
As with balancing group management, the question of the costs of portfolio management cannot be answered across the board. The costs result from the individual composition of the services suitable to you and the characteristics of your portfolio. Get advice on the products relevant to you and receive a cost overview.
Traceability of green electricity
What green power products does Next Kraftwerke offer?
Can I also obtain a TÜV-certified certificate of origin from Next Kraftwerke?
Yes, we also supply TÜV-certified HKN, such as TÜV Süd EE. There are many different possibilities and certifications. Please ask our experts if we can offer you the product you are looking for.
How do I find the right service?
Get in contact with us
Are you interested in one of our energy services or do you have further questions? Contact us and we will help you.