Track 2 / Room: Chapel
10.30 - 11.00
The last step towards VPP utilities: cross-market optimization
Mattijs will give an insight in the successful implementation of cross-market optimization for a 140MW combined heat and power (CHP) asset in the Port of Antwerp. The CHP produces steam for a chemical production process, but thanks to the complex optimization processes designed by Next, the asset is now valorized on different energy markets and plays a key role in supporting the Belgian transmission grid. Cross-market optimization is the last step for VPP operators to close the gap with utility power plants.
About Mattijs Van Bruwaene
Mattijs Van Bruwaene is Product Owner Cross-Market Optimisation at Next Kraftwerke Benelux. He assesses the opportunities of flexible assets on the relevant electricity markets and unlocks their cross-market potential. Mattijs was responsible for the successful realization of the INEOS project, a 140 MW CHP that is optimized on the day ahead, aFRR, mFRR and Intraday and imbalance markets. Mattijs started his career at Engie Electrabel and gained international experience at Total in Germany. Before joining Next Kraftwerke Benelux, he was Senior Optimisation Expert at EDF Luminus, working on some of the most innovative and complex topics in the market. The daily contact with project developers, traders, system engineers, grid operators, and regulators make him a true power markets guru.
About Next Kraftwerke
Next is an European aggregator, specialising in trading electrical flexibility on the short-term and reserve power markets. In Europe, we currently manage a portfolio of more than 10,000 installations with an aggregated capacity of more than 10 GW. Next is active in the Benelux since 2014 and quickly grew to become one of the main reserve power suppliers to Elia and Tennet. By providing innovative solutions and deep market expertise to grid users, active participation in regulatory discussions, and through pilot projects of grid operators, Next has carved out a role for flexible assets in the Belgian and Dutch wholesale and ancillary service markets.
Next’s proprietary Virtual Power Plant optimises thousands of technical installations of our flexibility partners based on real-time data, short-term forecasts, prices, and local constraints. Our apps and online platforms help owners and operators monitor and optimise their installations in real-time. With our presence in both short-term and reserve markets and ability to integrate production, energy storage, and demand response, we deliver a one-stop-shop solution for flexibility and renewables. We look forward to working with you to make the energy transition a reality!