The revenue advantage of 2-hour battery energy storage systems (BESS) in Germany versus 1-hour systems is nearly three times higher than it was two years ago, optimisation firm Entrix told Energy-Storage.news after its latest fundraising round.
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.
US power marketer Gridmatic has launched a US$50 million fund it will put towards managing third-party battery storage assets, including covering collateral requirements, it told Energy-Storage.news.
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.
