50MW wind park

Swedish wind park profits while balancing the grid. Read more about their success in the FCR-D market.

Flextools enables asset owners, like wind park owners, to obtain reliable revenue streams through the growing ancillary services markets in the Nordics i.e., frequency markets.

Background/ insight

Wind park owners can face negative power prices and are looking for new sources of revenue.

Transmission Service Operators (TSOs) like Svenska Kraftnät in Sweden are looking to wind park owners for more flexible capacity, to help maintain a reliable and balanced grid.

In particular, SVK seeks additional assets like wind parks to offer balancing services for the Frequency Containment Reserve – Disturbance (FCR-D) down balancing market. In Sweden, SVK expects to increase the contracted volume from 75 MW (2022) to 565 MW by 2025.

Challenges

More flexible capacity needed

By 2025 Svenska Kraftnät expects FCR-D market volume to reach 564 MW.

Volatility

With FCR-D prices from 20 to 500 EUR/MW, what is the optimal bidding strategy?

Security & reliability

How do we ensure reliable and secure wind park operation during activations?

The Solution

#1: Excellent planning & collaboration

All parties - Flextools, the wind park owner, wind park operator, and Balance Responsible Party (BRP) aligned on goals and proactively supported implementation.

#2: Market & technology expertise

Flextools, as the technology & market expert, ensured the park qualified for the FCR-D market.

#3: Control & redundancy

The wind park operator maintains complete operational control. The scheme operates with redundant communications (4G and LAN), to ensure that the operator receives the control signal and performs the market activation.

#4: Expert bidding for profitability

With the right bidding strategy and expertise the project became profitable in no time.

The results

Immediate revenues

A simple payback of several months was achieved. An expert bidding strategy made this possible.

50 MW of balance

50 MW of load controlled and ready to deliver when the grid needs capacity.

Reliability

Redundant communications (LAN + 4G) and operator control maintains uptime.

“Working together with Flextools in the StrømFleks project has been a positive experience. With flextools we can aggregate, monitor and dispatch flexibility available in our grid. We can combine assets from households and commercial buildings in different portfolios. Data gathered from the system can then be used to analyze consumption patterns.”

Ivan Schytte

Head of Smart Grid, Lede AS

“Flextools was the first company to participate in the NODESconnect partner program. Through their technology Flextools has managed to enable numerous flexibility providers to optimise their assets by selling flexibility in the NODESmarket place. Flextools is a key partner in the energy transition as we seek to develop a more efficient and more sustainable energy system.”

Richard Sarti

CEO, NODESmarket

“Together with Flextools we take part in a sustainable and fully electric society of tomorrow. By identifying our costumers' flexible assets, we can exploit our power grid in a better way, while reducing our customers total energy cost, increase their competitiveness by gaining income from flex markets. With flextools, our customers can easily connect and contribute to the green transition. This benefit both the society as a whole and the customer!”

Mattias Harrysson

Head of Energy & Sustainability Services, Entelios Nordics

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