Events
2023

14.02 Energy Club Reception

Topic: Business Opportunities in Short-Term Power Markets to ensure Grid Stability

Date: February 14, 2023
Start time: 14:00 CET (UTC+1), 15:00 EET (UTC+2)
Organizer: Energy Club
Format: closed meeting of Energy Club
Language: English (with simultaneous interpretation into Ukrainian)
Speaker: Dr. Michel Verschuere, Managing Director, YUSO BV
Questions for discussion
  • how short-term electricity markets in Belgium/EU work
  • how YUSO operates and how it manages to profit from the intermittency of renewables
  • how YUSO's business actually helps lowering prices during peak demand and optimises grid use
  • YUSO's vision for a decentralized grid in Ukraine
Meeting schedule
  • Presentation of the speaker (45 minutes)
  • Q&A (15 minutes)
About the speaker
Dr. Michel Verschuere has twenty years of experience in the liberalized energy market in Belgium, Germany and Austria. He experienced the strong growth of wind and solar energy in Flanders first-hand in the wholesale sector.
About the company
YUSO is a renewable energy supplier and aggregator of flexible electrical applications such as battery storage systems and smart charging stations. The YUSO B2B platform offers more than two thousand industrial producers of green energy and consumers access to the Belgian electricity market. YUSO has been familiar with operating a large-scale battery in the Netherlands since 2016. The company also developed large scale Battery Energy Storage Systems (BESS) in Belgium and the United Kingdom and acts as a Route-to-Market provider for these. With the advent of renewable energy, YUSO strongly focused on meteorological forecasting, automated portfolio management based on Artificial Intelligence and Big Data and developed the necessary IT infrastructure for its activities completely in-house.