Headquartered in Cologne, Next Kraftwerke operates one of the largest Virtual Power Plants in Europe. Awarded for its forward-looking business model, the company digitally connects about 5,500 energy-producing and energy-consuming units. It aggregates a combined
capacity which equals two large coal-fired power stations. Next Kraftwerke markets the power on energy exchanges and uses it to help stabilizing the grid, if power supply and demand are out of sync.