Utilities
Utilities as smart power suppliers
Security of supply and grid stability with the help of digital and modular energy services.
The energy industry is in the middle of a transformation process. In the course of the energy transition with the growing decentralised energy sources, municipal utilities and regional suppliers in particular must ensure supply security and grid stability - electricity, gas and heat must be available at all times. At the same time, municipal utilities have a role model function for their municipalities. They contribute to the success of the energy transition and thus ensure the achievement of the CO2 reduction targets.
Utilities on the intraday market?
Intraday trading on the power exchange offers great potential for municipal utilities to achieve the aforementioned goals - energy transition, CO2 reduction, security of supply. The energy supply with renewable electricity is optimised by flexible market behaviour, because the intraday price reflects the availability of renewables (e.g. if a lot of wind blows, a lot of sun shines, the prices fall). So in order to use conventional power plants as efficiently as possible and at the same time enable the integration of renewables, municipal utilities should leverage available electricity flexibilities.
In this way, with the help of flexibility marketing, we use the volatility Volatility refers to the price jumps on the intraday market. on the intraday to market available power flexibility and, if necessary, fully automatically track or call it up with the help of Remote Work which simply docks onto existing infrastructure.
On average, only 30% of the trading activities we receive result in actual physical fulfilment and thus a change in the originally planned system deployment. Overall, it is a win-win-win for municipal utilities and their communities: energy costs are optimised, grid stability is supported, CO2 reduction is advanced.
On an average day on the intraday, for example, a municipal utility customer notified us of 5 MW of positive flexibility for a day D for 5:00-5:15. Our individualised algorithms then traded the 5 MW on the intraday market of the power exchange from 4 p.m. onwards on the presentation (day D-1) within the plant-specific restrictions. During this period, over 28 trades were traded until gate closure for a single product of the type. For this trade, our municipal utility did not have to activate the flexibility of its gas turbine. Typically, actual physical fulfilment only occurs in 30% in our portfolio average of all clients.
With the help of flexibility, our customer was thus able to generate a profit for this single quarter of an hour of approx. 220€.
The profit potential for flexible electricity producers and consumers (e.g. power-to-heat) is expected to continue to increase significantly in the future. The power exchange is increasingly gaining in volatility and trading volume as more and more renewable energies are fed into the grid. Regardless of crises and impending energy shortages, we can therefore expect rising price spreads in the continuous intraday of the power exchange.
In addition, we offer modular energy services that can be seamlessly integrated into the existing infrastructure of our municipal utility customers. As a pure service provider, we offer balancing group & portfolio management. On behalf of our customers, we manage their balancing groups and provide access to the short-term markets of the power exchanges. We can also handle the Redispatch 2.0 service for you. You can find more information on market communication here.
What about heat obligations and individual restrictions?
We market the flexibility of your customers individually. This means that each of our customers' plants receives an individual algorithm based on our experience with the plant type, while at the same time respecting any restrictions at all times. Thus, among other things, heating obligations are automatically included in the marketing strategy as a matter of course. As a result, we can demonstrate the successful marketing of various CHPs, CHP plants, gas turbines, gas engines and steam turbines, among others.
Intraday or control energy marketing?
Our experience shows that with up to 185,000€ per MW and trading direction per year, intraday achieves higher returns for most flexibility potentials than control energy. Market volatility will continue to increase with the expansion of renewables. This will also increase the revenue potential.
Intraday marketing is not an exclusion criterion for control energy marketing; they can also coexist and be marketed alternately or in combination. In doing so, the prohibition of double marketing is of course taken into account. Compared to balancing energy, no prequalification is necessary.
Download News-Update "Flexibility":
Get an overview of current relevant changes on the topic of flexibility in the energy sector.
About us
RETHINK ENERGY. RESHAPE ECONOMY.
The diversity of the energy sources available today leads to so far unseen volatility. We react to temporary changes within fractions of seconds – with our customised offer according to customer specifications.
Know-how
Our participations in a digitally characterised world
With our solutions, we consistently rely on digital applications. This is bearing in mind that fractions of seconds in the interaction between supply and demand decide on financial success, incurred costs, and long-term supply reliability.
As specific as your need:
Our answer
We are specialised in developing solutions customised to your personal requirements. And you can also righty expect this based on the information you receive from us.
We are happy to advise you
Christian Muth | Head of Sales Utilities
+49.201.22038-146
christian.muth@esforin.com
ESFORIN SE
+49.201.22038-100
info@esforin.com
Ruhrallee 201 | 45136 Essen
