Flex Monetizer
Marketing your flexibility in energy production and consumption
Turn your flexibility into money and
benefit from fluctuations in energy prices.
Do you have flexible energy generation or flexibility in your own energy consumption? We offer you specially developed algorithms that will allow you to generate additional revenue thanks to the marketing of your flexibility. If you first want to determine the value of your existing flexibility, we also offer you a test environment for maintaining a shadow portfolio. In this way, it is possible to simulate the monetary potential that can be exploited with your flexible assets before you trade your electricity on the intraday market.
What offers you the Flex Monetizer?
Vattenfall makes it easy for you to manage your purchase costs or costs through flexible intraday trading of your electricity. Optimize your revenues. We support you with the Flex Monetizer in marketing and provide you with 24/7 market access as well as a frontend. The data exchange takes place via a standardized API interface. On request, we can also take on energy-related tasks and services such as balancing group registration.
The background: In intraday trading in electricity, volumes and volatility are increasing due to the expansion of renewable energies. In addition, the large number of tradable products expands the optimization possibilities. Especially compared to the now lower revenue-generating balancing energy market, the flexibility marketing of your energy offers advantages in terms of costs and effort for your company: You do not need an expensive IT connection or a prequalification process.
How does it work?
Depending on the trading transactions carried out, you can increase and/or reduce the power consumption or generation of your systems and processes as required. If the prices on the intraday market are low in relation to your benchmark price, energy is purchased (increase in the purchase or reduction of the self-generation capacity). If they are high, energy is sold (reduction of the decrease or increase in self-generation capacity). As soon as the parameters correspond to the energy prices on the market, a deal is triggered.
Who profits from the Flex Monetizer?
For operators of power plants and generation plants, flexibility marketing in the intraday market offers an efficient and profitable alternative to the balancing energy market. In addition, industrial companies with flexible energy consumption can also benefit from flexibility marketing.
Whitepaper: Flexibility
The expansion of renewable energies requires more flexibility – from all parties involved. What does flexibility mean and how can producers and industrial companies benefit from their own flexibility?
Find out more in our whitepaper!
Services and advantages at a glance:
- Procurement cost optimization through the use of available flexibility
- 24/7 online market access
- Implementation of flexibility in the Vattenfall optimization environment
- Optimization can be suspended at any time
- Time and cost advantages: no prequalification process and expensive IT connection required
- Takeover of energy industry tasks by Vattenfall possible
- Offer of a free shadow portfolio to determine the potential of flexibility
- Monitoring of regulatory and compliance guidelines
API interface
Via our API API, which enables different software programs to communicate with each other, we receive data in connection with our Flex Monetizer Algo and make data available to you. This requires easy-to-read and detailed documentation. The following link will provide technical content with clear instructions on how an API works, how it works, and how to use it.
