FirmLens
Back to directory
FL

FlexPower

Citadel FlexPower GmbH

Hamburg, Germany

Energy StoragePrivate
Founded 2020

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.

energy tradingbattery storageflexibility optimizationrenewable integrationwholesale marketsarbitrage

Headquarters

Hamburg, Germany

Founded

2020

Company Type

Private

Business Models

B2BTrading

Value Chain

TradingAsset ManagementO&MConsulting

More Energy Storage Companies

View all

More Renewable Energy Companies in Germany

View all