The asset
By aggregating distributed assets of any size, virtual power plants enable small- and large-scale contributions to the grid, which paves new ways of integrating flexibility. Together with interested partners, enspired creates a VPP ecosystem of commercially optimized connected assets. Trading the ensuing flexibilities on European markets then generates new revenue streams for the owners of these assets. Profitability is important for the continuation of investments in renewable energy by households and small market players. Marketing VPPs with enspired’s AI-based trading services accelerates the energy transition and drives it into the B2C sector.
"Short-term power markets are essential for balancing out fluctuations from renewable energy. Through a partnership with enspired, clients can contribute to the energy transition in a significant way."
The use case
There is great potential in marketing large- and small-scale virtual batteries for behind-the-meter C&I storage in Germany and beyond. enspired’s proven solution for the optimization of behind-the-meter flexibility allows partners to branch out into wholesales. Tapping into short-term power markets in this manner supports grid stabilization initiatives while maximizing available battery capacity.
The progressive battery optimization technology developed by enspired has been lauded for its multi-use applications with added customer value: “Short-term power markets are essential for balancing out fluctuations from renewable energy. Through a partnership with enspired, clients can contribute to the energy transition in a significant way.” Customers also have the benefit of being able to determine how and when their batteries are made available to the wholesale market.
The environmental edge
Residual capacity of battery storage systems often remains unused, but through a joint application, additional flexibility can be provided to the power grid. Batteries are instrumental for increasing the renewable share in the system because they can be charged at low prices, or in other words, when a big portion of electricity is generated by green energy sources, and discharged when tariffs are high, i.e. when most of the electricity comes from conventional power sources. enspired CEO and co-founder Jürgen Mayerhofer is confident in the vast potential of VPP partnerships, saying, “Behind-the-meter flexibility is way bigger than that of standalone assets, which makes it indispensable for a successful shift to clean energy. We are looking for innovative players in this field to activate the real power of VPPs.”
"Behind-the-meter flexibility is way bigger than that of standalone assets, which makes it indispensable for a successful shift to clean energy. We are looking for innovative players in this field to activate the real power of VPPs."
Jürgen Mayerhofer
CEO & Co-founder of enspired