About
Founded in 2020, FlexPower is a private headquartered in Hamburg, Germany specializing in Energy Storage.
FlexPower bridges the gap between intermittent renewable generation (solar and wind) and grid stability by trading and optimizing battery energy storage systems on wholesale electricity markets. The firm employs experienced traders and engineers to maximize revenue from battery assets through multi-market optimization across day-ahead auctions, intraday auctions, and continuous intraday markets. FlexPower publishes the FlexIndex, an open-source methodology showing the financial value of flexibility for a standardized battery configuration. The company offers full-service infrastructure for renewable asset management, including direct market access, trading services, and real-time asset monitoring. FlexPower was acquired by Citadel in 2024.
Headquarters
Hamburg, Germany
Founded
2020
Company Type
Private
Business Models
Value Chain
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