With over 3,500 generating plants, more than 3,400 MW of marketed production capacity and around 251 million € trading volume in 2016, e2m is an excellent medium-sized and independent electricity trading company.
Making Chile's energy transition a success by learning from Leipzig
Chilean delegation is very interested in e2m market access models and the operation of the VPP
During an information-gathering tour of Germany and France, a delegation of ten representatives from Chile visited Energy2market GmbH (e2m) on 17th January. They were impressed by the e2m business model, the functionality of the Virtual Power Plant (VPP) and the market access options these offer to operators of decentralised generation plants. The VPP was developed by e2m and is also adjusted on an ongoing basis to make it compatible with international market requirements. In South America, Chile is considered a pioneering market for renewable energies and has invested heavily in photovoltaics (PV) in recent years. At present, approximately 1,800 Megawatts (MW) are installed in Chile – double the output generated in 2015.
The guests from the Chilean energy ministry and local project developers were primarily interested in the direct market services model, monitoring of PV systems, solar radiation forecasts and trading in electrical output in the exchange markets. The delegation was accompanied by employees of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. GIZ is, e.g., currently implementing a project subsidised by the Federal Ministry for the Environment, Nature Conservation, Construction and Nuclear Safety in cooperation with the Chilean energy ministry to promote the market development of renewable energies for internal energy consumption.
In Chile, Europe and, in particular, Germany are considered role models in developing, operating and marketing power generated from renewable resources. Therefore, the visit (which included a tour of the 24/7 trading desk and the 24/7 control room) focused on e2m’s practical experience in connecting decentralised PV generation plants to the VPP. The transmission system operators are facing the challenge of severe fluctuations as a result of the growing share of varying renewable energies. Therefore and, in particular, in view of the planned launch of a balancing power market in Chile, the representatives of the Chilean energy ministry were very interested in the operation of the VPP and the potential which e2m offers operators of decentralised generation facilities.
Moreover, e2m’s international operations show that the VPP infrastructure and its role on the market can also be transferred to other countries. For example, last October, the company launched operations in the United Kingdom. In the same month, e2m, together with the Finnish energy supplier Savon Voima, announced a strategic technology partnership in market access services for flexibility and demand-side management. At present, e2m operates in the Benelux, Italy, Austria, Poland and the UK.
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