Recording of Thursday, June 20, 2024 | The smarter E Europe Exhibition Program 2024 | Exhibition Program | Language: English | Duration: 12:21 .

VERBUND Energy4Business GmbH's Dott Speaks on Accelerating Energy Transition and Optimizing Renewables Integration for Customers Amid Climate Challenges

Harald Dott, an employee at VERBUND Energy4Business, addresses the audience about the significant impacts of climate change and energy crises faced in recent years. He emphasizes that while energy prices are stabilizing after a tumultuous period in 2022-2023, there remains a crucial need for rapid progress in the energy transition. VERBUND Energy4Business GmbH's mission is to contribute significantly to this transition as Austria’s largest green electricity producer. The company generates almost 30 terawatt hours of hydroelectricity annually through its 130 hydropower plants with over 8000 megawatts capacity. VERBUND Energy4Business aims to expand renewable energies within Europe and play a vital role in developing European Hydrogen Corridors by producing and managing green hydrogen logistics. Additionally, they focus on strengthening their core business by partnering with industrial players for flexibility provision. Dott details how VERBUND Energy4Business optimizes not only its assets but also those of third parties across short-term energy markets using sophisticated trading algorithms and automation systems. This optimization helps clients minimize consumption costs or generate additional income by adjusting usage according to current market conditions via state-of-the-art web service portals designed for seamless communication between customers' production forecasts and market requirements.

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Talk of session: Unleash the Future of Energy - Innovation and Digital Technologies Facilitating New Business Models for Utilities

By embracing digital transformation and innovative business models, utilities elevate to becoming indispensable energy partners, driving growth, and shaping the future of energy. This session will provide you with insights into how technology and digitalization is changing the game for utility companies. Discover how new products and business models help utilities grow, and transition from service providers to trusted advisors. Explore the future of interconnected, customer-empowered, and sustainable utilities!

Further Talks of this session:

Welcome & Introduction

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Balancing as a Business Model - From VPP to Aggregators Role

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Partnership for the Win - Mastering Next Level Smart Charging Tariffs

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Emerging Business Models: Why We Need Smart Tariffs

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Wrap up - Innovation and Digital Technologies facilitating New Business Models for Utilities

To Talk