emsys VPP and energy & meteo systems provide Virtual Power Plant and power forecasts to WATT+VOLT

Oldenburg/Athens, 22 September 2021 – The Greek energy provider WATT+VOLT has contracted the German IT companies emsys VPP and energy & meteo systems to provide their Virtual Power Plant and power forecasting services to its new established aggregator unit. This new business unit will expand WATT+VOLT's service portfolio which includes trade and supply of electricity and natural gas, by facilitating the participation of its own but also third parties' assets in the Greek power market.

With emsys VPP's Virtual Power Plant, WATT+VOLT has chosen the market-leading Software-as-a-Service (SaaS) solution for digitally connecting large number of distributed energy units to monitor, remote-control and trade in real-time their combined electricity production. As part of the SaaS contract, emsys VPP configures an individual Virtual Power Plant for WATT+VOLT including connection of the assets and providing continuous operational support. The Virtual Power Plant is complemented by precise solar and wind power forecasts which are provided by energy & meteo systems, emsys VPP's partner company. The power forecasts are integrated into the Virtual Power Plant, allowing WATT+VOLT to react early and accurately to future weather-dependent production schedules of its continuously expanding renewable energy portfolio.

"We have ambitious growth targets for renewable energies and are glad to count on the Virtual Power Plant software and solar and wind power forecasts provided by emsys VPP and energy & meteo systems. With this state-of-the-art software package our aggregator unit is well-prepared for extracting maximum value out of our own and our clients' renewable energy assets", says Anastasios Papanagiotou, President and CEO from WATT+VOLT.

"We are very pleased to be supplying our Virtual Power Plant and power forecasts to WATT+VOLT", says Dr. Ulrich Focken, the Managing Director of energy & meteo systems and emsys VPP. "This collaboration further strengthens our market position as a leading IT provider for utilities, traders, aggregators and plant operators in Greece and in Europe."