Making Use of Real-Time Energy Platform Enhancing Grid Stability and Optimizing Consumption

Recording of Thursday, May 08, 2025 | The smarter E Europe Exhibition Program 2025 | Exhibition Program | Language: English | Duration: 16:43 .

Verbund Energy4Business GmbH Plans €5.5 Billion Investment in Renewable Energy and Flexibility Solutions Across Core European Markets by 2026

Verbund Energy4Business GmbH, Austria's largest energy supplier and generator, is actively involved in several European markets with a focus on Austria, Germany, and Romania. The company offers comprehensive flexibility marketing and supply contracts to customers in these core markets while investing in renewable portfolios elsewhere. Verbund Energy4Business GmbH operates over 130 power plants primarily utilizing hydroelectricity and serves more than 500,000 end customers. With plans to invest over €5.5 billion from 2024-2026 towards the energy transition across its core and extended markets, Verbund Energy4Business GmbH aims to expand solar and wind capacities significantly by 2045 as traditional power plants phase out. The company's strategy emphasizes integrating various flexibilities into systems for successful energy transitions—highlighting storage solutions like batteries—and addressing high volatility due to mismatched pace of flexibility arrival compared to solar/wind installations. Their services include balancing market operations alongside renewable flexibilization combined with storage co-location options. Since its inception in 2014 focusing on industrial clients' aggregation for ancillary services through proprietary platforms overcoming challenges via collaboration has been key; optimizing production shifts based on real-time data ensures efficient cost management within fluctuating market conditions.

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Speaker

Harald Ott
Head of Demand Response Services
Verbund Energy4Business GmbH

Talk of session: Utilities' Evolving Business Models to Adapt to Technological Advancements

European Distribution System Operators (DSOs), energy suppliers and energy service providers have been evolving their business models to adapt to technological advancements and the energy transition. New technologies enable utilities to move beyond traditional energy supply models, creating new revenue streams, enhancing grid resilience and delivering greater value to customers. How can they monetize their role as market facilitators and generate new income from new business models? Join this session to get inspired!

Further Talks of this session: