The recent introduction of 15-minute settlement periods across European power markets could result in significantly higher profits for battery storage asset operators.
Hybrid power plants are the future of the energy market, but smart hardware needs to be supported with smart optimisation, write Isabella Caschetto and Dominic Multerer of CAMOPO.
Global battery storage system integrator Fluence has released its Q4 and full-year results, which included the “transformative milestone” of achieving a positive net profit for the first time, CEO Julian Nebreda said.
Oil and gas major Shell is putting its residential battery storage and virtual power plant (VPP) company sonnen up for sale, according to German outlet Handelsblatt.
Global battery storage system integrator Fluence grew revenues 78% and doubled its gross profit margin in October-December 2022, its first financial quarter under the helm of new CEO Julian Nebreda.