BESS route-to-market (RTM) and optimisation firms in the UK are increasingly looking at a wider variety of contracting mechanisms beyond the revenue-share or ‘merchant’ model, developer-operator Eku Energy told Energy-Storage.news.
New rules could open up Sweden’s flexibility services market but may also simply favour incumbents, Nordic flexibility services provider Flextools told Energy-Storage.news, discussing wider challenges to deployment.
Battery energy storage systems (BESS) in the Nordics are seeing “extremely attractive revenues”, Finland-based optimiser Capalo AI said, as developers SENS and Ilmatar announced 70MW of projects in Sweden.
The optimisation arm of oil and gas major bp will provide power trading and optimisation services for two UK battery energy storage system (BESS) projects owned by Harmony Energy Income Trust (HEIT).
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.
Energy trader Danske Commodities will optimise a BESS for parent company Equinor, while optimisation specialist Habitat Energy will manage a large fleet for investor Gresham House.
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.