VIDEO: Balancing safety and profitability in European BESS asset management

By Solar Media Staff
December 3, 2024
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Energy-Storage.news proudly presents our sponsored webinar with Greensolver, on the role of asset management for battery energy storage systems (BESS) in Europe.

From 2023 in UK and 2024 in France, BESS owners started to encounter operational challenges as revenues generated by their assets decreased. With the high volatility of market prices and saturation of ancillary services opportunities leading to low clearing prices, it becomes crucial that BESS operation be carried out with a holistic approach to ensure the maximisation of asset value and not just the maximisation of revenues.

Cycling of batteries directly influences degradation and thus impacts their future revenue-generating capabilities. In parallel, the generation of revenues is dependent on market applications being accessible to the BESS at certain periods.

This continuous optimisation is the responsibility of the route-to-market (RTM) operator, which must capture the best value from each application.

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As BESS owner, how can you ensure that the optimisation done by your RTM operator is relevant and consistent with your asset management strategy? How can you ensure that the usage of your Batteries is done safely and according to the warranties? How can you ensure that your BESS asset can continue to generate revenues for 15 years?

That’s where technical and commercial asset management services come in, like the ones proposed by Greensolver. Greensolver supports owners with a continuous holistic approach to maximising the value throughout the operational lifetime of your BESS assets or portfolio, bringing you strong added-value insights to improve your decision-making process.

In this webinar, Greensolver experts will present a holistic asset management approach for BESS operation in UK and continental European countries, following three main rules:

  • Ensuring consistency between revenue maximisation and battery usage
  • Ensuring safety & compliance of your entire asset to continuously mitigate risks
  • Ensuring robust communication processes by giving you best-in-class Insights

Speakers:

David Roisse, asset management team leader Greensolver

Nikki Bell, originator for battery optimisation at Centrica

Oscar de Somer, Centrica’s head of trading analytics

Olivier Deruelle, technical director at RGreen INVEST

Andy Colthorpe, editor, Energy-Storage.news (moderator)

See the webinar on YouTube below. You can also register to watch the webinar from the on-demand section of our website, where you can find all our other Energy-Storage.news webinars.

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