MVV provides balancing services in the German market
As part of MVV group, one of Germany’s leading energy companies with around 6,400 employees and annual sales of more than Euro 7.5 billion in the 2023 financial year, MVV Trading consolidates the group´s energy trading activities. As a TOP 10 aggregator in the German power market, MVV trades the production of a 5,700 MW renewable energy portfolio, consisting of wind onshore, solar and biomass plants.
Since June 2014 MVV has utilized emsys VPP´s Virtual Power Plant in combination with power forecasts provided by energy & meteo systems to trade variable electricity production on day-ahead and intraday wholesale markets.
Equipped as well with emsys VPP´s specific Virtual Power Plant for meeting the demanding technical requirements of four German TSOs (50Hertz, Amprion, TransnetBW, TenneT), MVV additionally offers FCR, aFRR and mFRR products in their respective control areas. MVV Trading´s assets currently participating in the balancing services market include battery storage, biogas, combined heat and power plants and waste-to-energy plants with a combined capacity of over 1,000 MW.
With the support of emsys VPP, MVV Trading is preparing to soon supply as well balancing services with wind power plants.