What does FlexPower do?

FlexPower is a Hamburg-based company founded in 2022 that specializes in renewable energy and battery trading. Operating as CFP FlexPower GmbH, it focuses on short-term power trading, risk management, and integrating renewable energy and battery flexibility into sustainable grids. The company manages over 800 renewable assets with more than 1,000 MW of installed capacity and has traded over 11 TWh of power, generating over €100 million in trading revenue. FlexPower offers services such as physical and financial trading for renewable generators and flexibility providers, along with dynamic power procurement. Its trading platform, Upgrid, supports renewable generators and flexibility providers, while its automated trading systems operate 24/7 in short-term power markets. The company plays a significant role in the energy transition, emphasizing its commitment to supporting grid stability and maximizing asset value.