Financiele control

Despite the high prices, electricity is still seen as a commodity by many companies and organisations. It is always there for a reasonably low and fixed price per month. The war in Ukraine, however, has really been an eye-opener. Many companies cannot produce cost-effectiveness any more because they have not covered this company risk properly. That does not even include the cost price for necessary investments to become climate neutral.

The use of self-generated electricity provides security, something that cannot be taken for granted with the overtaxed power grid. It is also very cheap because you do not pay any energy tax, ODE*, transport expenses or any margin to your supplier for your own yield. Therefore, it is essential to have proper and detailed insights, so you can control your electricity consumption and yield.

The revenue of your own yield depends on several involved parties and factors over a period of 15 years or more. Because of this, the complete oversight is missing which makes it difficult to optimise your revenue, or to invest in something like charging poles or a battery.

The revenue depends on:

• The quality of the advice of your energy advisor;
• The SDE** advances of the RVO. These depend on the granted base amount with which you have registered, and also the ratio of power you supply back to the grid and what you are using yourself or are selling on location;
• The provisional and definitive correction amounts that are dependent on the average market price for energy and the so-called profile and imbalance factor. These are set annually by the Planning Office for the Living Environment (PBL);
• Possible downtime expenses (because of failure or maintenance);
• Possible extra revenue generated by curtailment. Curtailment means stopping your electricity production at times when prices are negative. You will need proper insights to be able to apply curtailment and also to check if your production facility becomes operational again afterwards;
• Underproduction or overproduction, dependent on the weather and operational performance;
• Savings on energy taxes, ODE*, transport expenses and the margin to your supplier for your own use;
• The possibility to charge and discharge (EV) batteries;
• The actual revenue of the sales of your energy yield through your supplier, the prices they will charge you, and the quality of their forecasting for your imbalance expenses;
• The combination of the forecasts of several productions. By combining those forecasts, you can benefit from lower imbalance expenses.
• Possible differences in the production and consumption. When there are differences, it may be advisable to trade on the intraday quarter market;
• The definitive correction amounts that are settled retroactively when the annual GVO*** compensation is determined by the PBL and your consumption and yield is determined by CertiQ

Encast has compiled all of this information in one organised portal that is updated automatically every 15 minutes based on the available data. Encast creates insights based on this data for all SDE solar and wind projects, with the following information: 1) The SDE revenue; 2) The revenue and income we expect you to make 3) the definitive, retroactive SDE settlement

Extra options that this overview offers:

• Adjusting your curtailment properly. With curtailment, extra revenue can be generated when the market prices are negative. In this case, it is important to have proper insights in your expected annual yield (budget versus actual) and the expected definitive correction amount. When you expect to produce more than your maximum annual SDE yield, the revenue of curtailment can be optimised because of the speedy application;
• Lowering your imbalance expenses by:
  • Connecting your own expected consumption and yield more adequately;
  • profit from portfolio effects;
  • anticipating on adjustments in consumption and yield and trade on the intraday; market;
  • Determining the cost price of electricity for subleasers;
  • Making investment decisions for loading poles and/or batteries.