Achievehigher returns
with
Flex Trading
The various energy markets offer an increasing number of opportunities to generate additional returns from your surplus energy and storage capacity. By trading flexibly in these different energy markets through our Multimarket strategy, we make the most of periods of scarcity and surplus and maximize the return on your energy installations.
With Covolt’s Flex Trading, your battery becomes part of a Virtual Power Plant (VPP). We trade your flexible capacity on the energy markets—from day-ahead to real-time imbalance and aFRR—so you can take full advantage of price fluctuations.
Why trade on the energy market?
The energy market is more volatile than ever. With more solar and wind power in the mix, prices fluctuate from negative levels to extreme peaks, sometimes even within minutes. Those who respond to this trend smartly stand to profit. Those who don’t are leaving money on the table.
Market dynamics:
Price volatility is on the rise
The growth of renewable energy is leading to increasingly frequent periods of surplus (low or negative prices) and scarcity (price spikes). This volatility is fueling battery trading.
The grid needs flexibility
Grid operators such as TenneT urgently need flexible capacity to keep the grid in balance. Those who provide that flexibility are rewarded.
Multimarket Maximizes Returns
Tapping into a single market is good. Combining multiple markets is better. By strategically switching between imbalance, day-ahead, aFRR, and congestion services, you can get more out of your asset.
→ Flex Trading: trading flexible capacity from standalone and co-located assets on the energy markets as a Virtual Power Plant (VPP)
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Is Flex Trading the right solution for you?
Which service is right for you?
A battery is more than just storage. It’s flexible power that holds value in the energy market. When the grid is short on power, your battery is worth money. When there’s a surplus, you can buy power at a low price. The difference between taking smart action and doing nothing can amount to thousands of euros a year.
Flex Trading turns that value into reality. Covolt bundles your battery with other assets into a Virtual Power Plant and trades the power on multiple markets simultaneously. Our algorithms determine the optimal strategy every 15 minutes: charging, discharging, or reserving power for balancing services.
Covolt offers four versions of Flex Trading, each with its own focus and revenue model. From trading on predictable day-ahead prices to real-time trading on the imbalance market—or a fixed income through a tolling arrangement.
Basic service
This service is designed to help you reduce costs or increase returns on your excess capacity, based on 15-minute prices on the EPEX market.
Pro service
This service is designed to maximize returns through energy trading across multiple markets, utilizing surplus capacity from larger battery systems (100 kW and up), with or without solar panels.
Local service
This service is ideal if you want to use your excess capacity to help reduce local grid congestion and capacity shortages on the power grid.
Tolling service
This service is designed to provide a steady monthly income by utilizing excess capacity from standalone batteries, with or without solar panels.
Every situation is different.
The right approach to Flex Trading depends on how you want to balance returns and flexibility. Wondering which approach best suits your facilities and goals? We’d be happy to help you figure it out. Contact us or check out our knowledge base for additional insights.
