The Volkswagen Group’s energy subsidiary is innovating with a new service for industrial companies. Called « Energy Trading as a Service », it aims to secure a competitive and sustainable supply. This initiative strengthens Elli’s position in the European green electricity market.
A service designed for manufacturers
Elli is now helping businesses to manage their electricity consumption. With access to the European EPEX SPOT exchange, it structures the purchase and sale of green electricity. This service makes it possible to compensate for the variability of solar and wind energy in real time. In this way, manufacturers can optimise their costs while reducing their dependence on fossil fuels.
A strategic shift for Elli
Giovanni Palazzo, CEO, describes this shift from in-house trading to service provision as crucial. Energy-hungry companies benefit from flexible supply and support in reducing their consumption. Portfolio management, demand management and storage integration illustrate this comprehensive approach. In a volatile market, this flexibility becomes an asset for achieving sustainability and competitiveness.
A European ambition
Since July 2023, Elli has been testing its Smart Energy platform on EPEX SPOT. The tool automates the integration of flexible assets such as stationary batteries and enables 24/7 trading on the short-term market. Tobias Canz, CFO, emphasises that the strengthening of the teams and the expansion of the offering confirm the solidity of the processes. The service also targets electric recharging customers and fleets of more than 100 vehicles.
Presentation at IAA Mobility 2025
Elli and Volkswagen will be showcasing their innovations in Munich from 7 to 12 September. On the programme: renewable energy, batteries, artificial intelligence and electric city cars. The motto « Tech for the People » reflects the desire to make cutting-edge technologies accessible.
Following the announcement, Cerence Inc. shares gained 4.07% in pre-opening trading. Elli’s strategy demonstrates that green energy and flexible trading are attractive to investors and manufacturers.
