What does Next Kraftwerke do?

Next Kraftwerke GmbH is a German energy technology company based in Cologne, established in 2009. It is recognized as a leading operator of Virtual Power Plants (VPPs) in Europe and a certified power trader on major energy exchanges. The company aggregates thousands of decentralized renewable energy producers and consumers into a digital network called the "Next Pool," allowing small-scale producers to access electricity markets. Next Kraftwerke offers a range of services, including VPP aggregation, power trading, grid stabilization, and portfolio management. Its proprietary NEXTRA trading platform facilitates real-time trading across European markets, while the NEMOCS software enables other entities to create their own VPPs. The company serves a diverse clientele, including renewable energy producers, commercial and industrial consumers, utilities, and battery storage operators, across several European countries. In 2021, Next Kraftwerke was acquired by Shell, enhancing its capabilities in the renewable energy sector.