energy trading

A research team led by Washington State University has developed a cloud-based system for trading and sharing energy from solar panels and batteries within a neighbourhood. The concept displayed potential energy cost savings of around 12% over a five-day test period.

The Dutch company says its short-term trading solutions for solar and other renewable energy technologies, supports grid balancing, reduces the costs of imbalance, and optimizes energy flows in an “increasingly volatile” energy market. It is growing internationally, and expanding its support of battery-related trading.

Norway’s Volue has launched an automated trading tool for solar and wind operators covering most European power markets . The Volue Position Closer is a subscription-based tool targeted at renewable energy producers, portfolio managers, and municipal utilities.

While near neighbors, the electricity generation of the countries of Southeast Asia couldn’t be further apart. Indonesia burns locally mined coal; Malaysia has reserves of oil and gas; and populous Singapore, Vietnam, and the Philippines depend on fossil fuel imports. They could all benefit from increased solar electricity but higher grid capacities and interconnection are key for an opportunity to unlock the power of the sun.

The electronics brand has announced plans for a virtual power plant aggregator JV with German specialist Next Kraftwerke ahead of the opening up of the control reserve market in Japan in April – and the planned switch from clean energy FITs to feed-in premium, top-up payments a year later.

The World Energy Council tracks the top concerns of energy leaders and has created a tool with Arup to display its findings. The rise of digitalization issues and the decreasing significance of fossil fuels indicates a strong renewables market ahead and energy start ups are receiving increasing attention from utilities and leaders