Asset optimization

Our (contracted) renewable power plants and storage systems form a string of options which, under different market conditions, require different hedge solutions. Eneco Energy Trade deploys the most advanced software technologies and risk mitigation frameworks to utilize these energy systems and assets in the most emission-efficient and economically responsible manner possible. This allows us to optimize the total portfolio return and asset value for Eneco. This optimization is enabled by Myriad, Eneco’s in-house Virtual Power Plant (VPP) platform.

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Energy Management

We are pioneers in the real-time management of assets to align the generation of renewable energy with current market demand and network capacity. This real-time control is supported by Myriad, enabling continuous monitoring and optimization of connected assets across markets. We are the first to connect gas power plants, wind farms, and solar parks to flexibility markets in the Netherlands, Belgium, and Germany in this way. For our customers, it is crucial that we deliver what we promised a day or a year earlier. This means that we not only need to be able to predict accurately, but often have to deploy reserve capacity and curtailment to deliver the right amount of energy at the right time.

Network Balancing

A prime example is Myriad, Eneco’s in-house Virtual Power Plant (VPP), connecting sustainable assets such as solar panels, wind turbines, batteries, charging stations and electric boilers. During periods of high sustainable energy generation, Myriad ensures that cars are charged and boilers are heated. In case of a surplus, the batteries are charged or the solar panels are put on pause. Customers receive compensation for this.

Energy Forecasting

In the current energy market, predictive ability is a crucial success factor. Therefore, we have all the specialists in-house to forecast the supply and demand for renewable energy as accurately as possible, in both the short and the long term. We examine historical energy data, market trends, seasonal variations, and emerging technologies. We also employ meteorologists who predict the impact of weather conditions on the generation of, for example, wind and solar energy. These forecasts are directly used in Myriad for real-time optimization and dispatch decisions.

“We have the energy to achieve your sustainable business goals”

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Meet our experts

Do you have ambitions to bring renewable energy to the market or create value through sustainable innovation? Then we would love to have a conversation with you. Get in touch with one of our specialists!