The ALTEO Virtual Power Plant
The ALTEO Group is one of the few companies in Hungary to operate its own Virtual Power Plant, also known as a Virtual Power Plant.
What does this concept involve?
ALTEO Group’s mission is to provide high-quality and high value-added Virtual Power Plant services tailored to customer needs. For this purpose, it operates and develops a complex system capable of integrating previously independent plant operators. This significantly improves the overall effectiveness and profitability of each partner and the system as a whole.
ALTEO Group is committed to sustainable and economical energy production. One of the main pillars of this is the Virtual Power Plant. We believe that this offers the Group and its partners long-term sustainable and economic business opportunities afforded by its flexible and innovative solutions.
On the electricity wholesale market, the ALTEO Group has both long and short-term sales contracts with international and Hungarian partners, concluded on the basis of framework agreements. Our company has the opportunity to buy and sell on Hungarian and international power exchanges. The Group’s network of connections, sales and purchasing channels has been continuously expanding since 2008.