Increasing volumes of renewable generation require flexible solutions and services, therefore we continue to focus on strengthening our ability to provide flexibility services, allowing us to harvest the synergies between the renewable buildout and the need for management of renewable assets in real-time.
Dynamically balancing increasing volumes of intermittent renewable generation with flexible energy production and consumption in real-time, we provide balancing and optimization of power plants and large-scale flexible consumption assets. With over 15 years of experience managing flexible assets, solutions include our market-leading flexibility management software (Direct) alongside digitalised management of ancillary services and hedging structures with our 24/7/365 trading, operational duty and SCADA setup.
Working with forefront flexibility technologies we’re helping balance the power grid and create value from flexibility through large-scale consumption, conversion and storage of surplus renewable electricity from wind and solar assets during periods where fluctuating renewable generation exceeds load.
With European ambitions for 40 GW of renewable hydrogen electrolyzers by 2030, Power-to-X will be an important factor in the decarbonization of the European economy. We’re working to facilitate that development, leveraging our market-leading flexibility services to maximize the value of Power-to-X technologies as they become an integrated part of our future renewables-based energy system.
Storage technologies are developing rapidly and becoming increasingly market competitive, and we’re employing our flexibility capabilities and market presence to maximize the value of the flexibility offered by these storage technologies.