Changing electricity market dynamics and regulations in the US are increasing the need for AI-driven software solutions, the CEO of Stem Inc told Energy-Storage.news after a recent 10GWh partnership with developer SB Energy.
Global system integrator Fluence has been enlisted by developer Tilt Renewables for a 100MW/200MWh BESS project in Victoria, Australia, the first to deploy the full Fluence product ecosystem, it said.
While the demand for third-party battery energy storage system (BESS) optimisation services looks set to grow substantially, challenges for companies specialised in offering those services remain.
With the rise of AI-driven solutions for optimisation of trading using battery energy storage system (BESS) assets, Prudence Heck and Andrew Young of Spearmint Energy consider strategies and risks.
Financial performance will ultimately determine the success of AI-based battery storage optimisation platforms, Gridmatic told Energy-Storage.news in response to recent comments from one developer.