Stem Inc is on track to meet its target of achieving positive EBITDA during 2023, the company claimed as it posted a 63% year-on-year quarterly revenue increase in its latest financial results.
US battery storage developer and long-term management firm Spearmint Energy is “a little bit distrustful” of the “black box” of optimisation, its head of trading told Energy-Storage.news.
There is more work to be done on ensuring alignment between maximising grid-scale battery revenue and maximising system benefits, said panellists on Day 2 of the Energy Storage Summit.