The rise of volatile wind and solar power in the share of Germany's electricity generation means that keeping the grid stable becomes an ever more complex – and potentially costly – task. Predicting how many renewable megawatts will be fed into the network at any given moment is key to a safe and efficient management of the electricity network.
The deployment of solar-based electricity generation, especially in the form of photovoltaics (PVs), has increased markedly in recent years due to a wide range of factors including concerns over greenhouse gas emissions, supportive government policies, and lower equipment costs. Still, a number of challenges remain for reliable, efficient integration of solar energy.
The Virtual Power Plant by energy & meteo systems has been licensed for connecting to the EPEX Spot per API interface (M7, ComXerv). Active immediately, customers using our Virtual Power Plant can trade their energy quantities directly at the EPEX Spot in the continuous intraday market. Via the integration of order books as well as other useful trading functions, operations can be executed directly on the market and without serial interfaces.