Proving the Business Case for the Internet of Things

Next Kraftwerke building virtual power plant for Ecotricity

Steve Rogerson
May 22, 2018



UK green energy company Ecotricity has formed a partnership with German virtual power plant firm Next Kraftwerke to create and operate a smart grid.
 
Ecotricity will use Next’s software platform to regulate and balance energy generation, storage and demand, across the whole of the country, in real time.
 
Ecotricity views this kind of smart grid operation – also referred to as a virtual power plant – as an essential part of what a 21st century energy company needs to do, taking responsibility for the real-time balancing supply and demand using smart technology.
 
Connecting electricity generators, consumers and storage systems to a single digital platform, should enable them all to work together to create a more sustainable and secure energy grid. 
 
Businesses with energy storage systems, energy generators and customers that can manage their demand will all be able to benefit financially from being part of this approach.
 
“We’ve been watching Next’s activities in the flexibility space for a while and are big admirers of what they’ve achieved,” said Mark Meyrick, head of smart grids at Ecotricity. “As a result, we’re very happy and excited to be partnering with such an innovative organisation who match our pioneering values and commitment to renewable energy. This is a ground-breaking project and it will really help to enable our aspirations in the storage space, and manage our energy effectively.”
 
Ecotricity is the first company to use Next Kraftwerke’s Nemocs platform, which uses algorithms to monitor and manage energy assets such as generation, storage and demand to balance supply and demand in real time.
 
“We have developed Nemocs building on everything we have learned over the past ten years, because we strongly believe that it is important to use all the flexibility which already is on the market to make the energy system more efficient,” said Jochen Schwill, CEO and co-founder of Next Kraftwerke. “Nemocs provides a way to do so and we are happy to now cooperate with Ecotricity, one of the green energy pioneers, to optimise their production.”
 
Ecotricity and Next Kraftwerke announced the partnership at All-Energy, the UK’s largest renewable and low carbon energy exhibition and conference, which ran earlier this month in Glasgow.