Opportunity is ahead for Europe’s growing fleet of residential battery storage systems in electricity trading, writes Chris Bernkopf, CEO of flexibility and trading platform Podero.

Ed Gunn, VP of revenue at home battery storage and virtual power plant (VPP) specialist Lunar Energy, on the market’s recent past and future potential.

A week of claimed first-of-their-kind advances in Germany’s BESS market, including the combination of monitoring, diagnostics and energy trading on one platform, an optimisation deal allowing multiple companies to trade one asset, and a law change accelerating permitting.

A 535MW fleet of aggregated household battery storage systems, including Tesla Powerwalls, effectively reduced net load on the California grid in a recent test event.  

A senior APAC representative for Fluence has said that “a significant amount of capital” is expected to be invested in Japan’s battery storage market.

Utility and power generation firm RWE will trade 50MW/100MWh of BESS capacity in Germany from the virtual aggregation platform of startup Terralayr under a five-year agreement.

There is “huge potential” for commercial and industrial (C&I) battery systems in Germany’s wholesale trading markets, according to Tesvolt.

Power purchase agreements (PPAs) have increasingly shown their limitations, and energy storage and flexibility resources can offer a solution, writes John Diklev, founder and CEO of Sweden-based optimiser and flexibility asset operator Flower.

We caught up with executives from BESS operator and aggregation platform Terralayr, after it raised €77 million (US$80 million) for its activities in Germany.

The Japanese government has published the list of battery aggregators that successfully applied to a scheme to promote energy storage systems.