More than the sum of the individual components
Maximise the value of your flexibility with a combined trading approach that covers all relevant flexibility markets and reacts algorithmically to price signals. Entelios’ CROSS-MARKET OPTIMISATION enables you to achieve more lucrative returns than would be possible with the individual flexibility trading models.
Monetising electric flexibility on the short-term markets offers both large industrial plants and operators of electric heat generators or battery storage systems the opportunity to optimise electricity procurement and generate interesting additional revenues.
This trading of flexibility in the electricity grid will become even more lucrative if all available markets can be served holistically:
- Control power markets of the transmission system operators
- Short-term trading on the European power exchange EPEX SPOT
The technical requirements and possibilities of the individual market segments for flexible systems differ considerably in some cases. And there is no single optimum from an economic point of view either.
Entelios offers the opportunity to jointly market flexibility on all available trading platforms, thus keeping pace with dynamic developments. In this way, both the technical and operational requirements can be taken into account and the best economic result can be achieved. The flexibilities reported as available are continuously optimised algorithmically on the basis of defined parameters and short-term price signals.
Flexibility trading optimised across markets (Entelios’ CROSS-MARKET OPTIMISATION) can generate additional revenues of over 50% compared to single-market optimisation.
In addition to its economic attractiveness, the Cross-Market approach also increases resilience to market changes. If the regulations change in one market segment or the price level falls, trading can be shifted to other market segments.
CROSS-MARKET OPTIMISATION in practice
Project Example Industrial Companies
Flexible operation of, for example, large-scale heat pumps and other power-to-heat systems enables industrial companies to significantly optimise their electricity costs.
If an electrode boiler is used, for instance, process heat can be generated cost-effectively and used as required. This is particularly the case in times of cheap electricity due to an oversupply of renewable energies or technical fluctuations in the transmission grid. If the company itself operates systems for generating renewable energies, surplus electricity can also be stored temporarily and thus used efficiently.
(German version only)
Project Example Utilities
Flexible operation of CHP & power-to-heat systems, for example, enables energy suppliers to significantly optimise their heat generation costs.
By combining a CHP unit with an electrode boiler, local and district heating can be generated cost-effectively during periods of cheap electricity or when there is an oversupply due to high renewable energy production, and used as needed.
(German version only)
ENTELIOS: Your partner for FLEXIBILITY
An advancing energy transition, changing framework conditions for the availability of fossil fuels and an increasing demand for electricity in various areas of life are becoming a challenge for the electrical infrastructure. In order to be able to react to short-term fluctuations in supply or demand, available flexibility is becoming increasingly important for security of supply in the electricity grid.
As the proportion of non-controllable electricity generation increases, flexible systems are increasingly coming into focus. Flexible electricity and heat generators, consumers and storage systems can help to balance supply and demand, for example by increasing the self-consumption of local electricity generation systems or by reducing consumption to flatten load peaks.
However, flexible producers, consumers and storage systems can also help to make our entire energy system more efficient. Flexibility can compensate for increasing volatility and stabilise the electricity grid both through the provision of control reserves and through short-term trading on EPEX SPOT.
Existing systems can often be used to provide CO₂-free flexibility. The operators of these plants not only help to integrate renewable energies, make the energy transition more efficient and increase security of supply. The flexibility gained can reduce energy costs and generate attractive additional revenue.
