Ralf Christian

If you're wondering how much your battery storage system could have earned last month, we at suena have the answer. From now on we compare monthly, how different trading strategies for battery storage systems perform. Here are the results for May - with a clear favourite: a multi-market approach that combines all relevant wholesale markets with ancillary services. 🔋

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𝟯 𝘄𝗮𝘆𝘀 𝗼𝗻 𝗵𝗼𝘄 𝗳𝗹𝗲𝘅𝗶𝗯𝗶𝗹𝗶𝘁𝘆 𝗿𝗲𝗱𝘂𝗰𝗲𝘀 𝗽𝗮𝘆𝗯𝗮𝗰𝗸 𝘁𝗶𝗺𝗲𝘀 𝗼𝗻 𝗿𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗱𝗲𝘃𝗶𝗰𝗲𝘀 𝗳𝗼𝗿 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿𝘀 Based on a study done by the RWTH Aachen University and published by the pv magazine Global it is shown that there are several ways on how to reduce the payback time of renewable energy assets in consumer homes. 𝗦𝘁𝗮𝗿𝘁𝗶𝗻𝗴 𝗽𝗼𝗶𝗻𝘁 𝟭𝟬 𝘆𝗲𝗮𝗿𝘀 𝗽𝗮𝘆𝗯𝗮𝗰𝗸 𝘁𝗶𝗺𝗲 Heatpumps by itself are having a payback time of around 10years if compared to gas heating. They come often with investments of approx. 30'000 EUR for an air-water and up to 60'000 EUR for a ground source installation. 𝗗𝗼𝘄𝗻 𝘁𝗼 𝟳 Integrating and aligning solar production with consumption on a local level with a home energy management system has already impact reducing payback times to 8 and with storage even to 7 years according to the study ( Kapacity.io ) 𝗙𝗿𝗼𝗺 𝟳 𝘆𝗲𝗮𝗿𝘀 𝗱𝗼𝘄𝗻 𝘁𝗼 𝘅 Additional integration with dynamic tariffs and leverage of the capacity on flexibility for power system balancing can reduce payback times even further when integrated into appealing business models for consumers. Depending on the country and the setup this can be significant ( beebop.ai ) Challenges remain the upfront investment and the allocation of risk, which can be overcome by e.g. financing models or innovative offerings ( Enpal, Octopus Energy ) Which opportunities do you see? Alex Schoch Thomas Nowak Sonja Salo Frederik Drewes #energytransition #netzero #heating #innovation

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#Germany Poised to Surpass #100GW #Solar Capacity in 2024 Germany is on track to #achieve a major #renewable_energy milestone, with its #cumulative #solar capacity expected to exceed 100 GW in 2024. The #Bundesverband der deutschen Energie- und Wasserwirtschaft (#BDEW) projects 17.5 GW of new photovoltaic (PV) installations for the year, up from 15.3 GW in 2023. By September 2023, Germany had already reached 94.52 GW of cumulative solar capacity, thanks to 11.7 GW installed in the year’s first nine months. Nearly half of these installations involve systems under 100 kW, highlighting the role of smaller-scale projects in driving the expansion. #RenewableEnergy #SolarPower #Germany #CleanEnergy #Energy #Power #Industry #Europe #Economic #Trading #New #News #Electricity

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Our New – #Business #Energy Market #Report is #live – As Jun24 saw the continuation of increased wholesale price movements across both tracked #gas and #power contracts, similar to the movements seen in April and May – with below-average temperatures for the majority of the month keeping a steady level of heating demand on the system, which would typically be lower at this time of the year.   Across the month, we saw day-ahead gas register a 6.8% gain month-on-month to average 81.95p/th. Similarly, front-month contracts registered price increases, up on average by 5.1% when compared to May24, with Jul24 seeing a 5.9% rise to 81.25p/th, and Aug24 growing 4.3% to 82.65 p/th. Gains were supported by restricted gas supply from the Norwegian and UK Continental Shelves acting to tighten system conditions, and as result of continued outages across several large Norwegian gas fields, shorter-dated gas contracts registered gains.   Moreover, prices found support from an outage across the Wheatstone LNG processing facility in Australia, which acted to impact global LNG supply levels and lead to increased Asian cargo competition. Longer-term contracts found support from the increased Asian cargo competition as competition for the procurement of LNG grows, however this remains subdued by strong gas storage stocks across Europe.   Seasonal gas contracts from Win24 to Win26 were, on average 2.5% higher in Jun24 when compared to May24 – despite some risk removed from these contracts as European gas storage levels remain well stocked. In continuation, more notable price gains across front-month contracts were offset by the notable stockpiles of European gas, which currently sit at 76% at the time of writing – boosting gas supply amid reduced Norwegian output.   This trend is anticipated to continue as the summer months progress and temperatures remain elevated – acting to lower gas-for-heating demand.   Rising front-month contracts in gas provided a bullish price direction for power to follow – with day-ahead power prices registering a 5.0% gain month-on-month to average £75.58/MWh. Additionally, these gains can also be attributed to tightened system margins following decreased gas supply, an outage across the Hartlepool 1 nuclear reactor, and below-average temperatures.   Similarly, both front-month power contracts registered gains, as Jul24 rose 4.3% to £74.32/MWh, and Aug24 grew 3.7% to £73.78/MWh. Moreover, much like its gas counterpart, seasonal power prices saw a collective upwards movement – rising 1.6% on average. Win 24 traded as the premium market, seeing a 3.0% increase to average £88.83/MWh.

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🚀 Elevating Offshore Wind Potential: This is 10HOCH3 An (almost) daily companion, especially for us northern lights, and an opportunity for us all to use sustainable energy: wind. Our Winter Batch 24/25 Accelerator Startup 10HOCH3 is contributing to a more sustainable future by supporting customers in making offshore wind a reliable, effective and competitive source of clean power. 🙌 10HOCH3 has a specialized focus on HVDC/ HVAC transmission systems in offshore wind with a comprehensive service offering. The team Jörg Seßler, Philipp Schöpfle and Michael Dauwe combines concept development, consulting and coordination services for its clients. What sets 10HOCH3 apart is the extensive industry expertise, the commitment to innovation and the ability to provide customized and strategic solutions to complex wind energy problems. 🌟 10HOCH3 in a nutshell: 👏 Optimizing Offshore Wind Maintenance with AI 👏 Providing expert know how, project planning and hands-on support 👏 Having in-depth knowledge of all technical details 👏 Working towards a more sustainable future for us all 💡 Learn more about this amazing startup: https://10hoch3.com 🫶 We are happy to have you on board, 10HOCH3! #AIStartupHub #WinterBatch2024 #StartupHamburg #IdeationProgram #AcceleratorProgram #Hamburg #StartupSuccess #StartupSupport #StartupFunding #Startups #AI #Gründer #Gründerinnen #Gründen #Founder #Founding #Gründerszene #StartupSzene #Accelerator #Pitch #AICommunity #TurningVisionsIntoReality #WindEnergy #SustainableEnergy

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Have you heard? 👋 Oranienburg's recent power challenges highlight a nationwide issue: grid constraints obstructing renewable energy projects. Unfortunately, this is not an isolated case. ⚡ While ENVIRIA pioneers large-scale solar solutions for businesses, grid connections remain a major obstacle. From lacking transformers to distant substations with available capacity, these hurdles impede the utilization of suitable C&I rooftops across the country. 🌱 In the new article by Edison - Media, you can discover how ENVIRIA is navigating these challenges and revolutionizing the solar landscape for commercial and industrial rooftops. 🚀 Read the full German article here: https://lnkd.in/evzbQgZY #netzanschluss #solar #photovoltaik #energiewende #nachhaltigkeit

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🔦 Spotlight on the keynote speeches we have just heard: 🎙️ Key takeaways as Wolfram Münch, presented EnBW Energie Baden-Württemberg AG's ambitious roadmap for hydrogen-based power plants: ✅ A significant expansion of renewable energy capacity—from 5.7 GW to 11.5 GW by 2030. ✅ Transitioning from coal to #hydrogen-ready gas turbines, with hydrogen fuel becoming available from 2025. ✅ Massive investments in hydrogen infrastructure 👀 Stay tuned as we reveal more! #ETNOctoberWorkshop #EnergyTransition #HydrogenEconomy #Sustainability #Decarbonization #RenewableEnergy

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🌱⚡ GMH Gruppe and ENGIE have conducted a Power Purchase Agreement to supply renewable energy with Guarantees of Origin (GoOs). The PPA aims to fully power the inducive single-bar tempering plant (EVA) at the Georgsmarienhütte site with 100% renewable energy.​ ​ Two domestic plants will supply green electricity: a wind farm that no longer receives subsidies under the German Renewable Energy Sources Act (EEG) and a newly built solar farm.​ ​ For GMH Gruppe, the PPA is another important step in its transformation towards climate-neutral steel production. By using the EVA, and the associated switch from natural gas to electricity in the heat treatment of steel, more than 10,000 tons of CO2 can be saved over the next ten years.​ ​ As the world's leading provider of PPAs, ENGIE supports companies on the path to decarbonization. Our Group is among the top three portfolio owners of post-EEG plants in Germany and is strongly committed to expanding renewable energy sources.​ ​ 🔎 Official press release: https://lnkd.in/e4B3as5i 🔎 All our solutions in Germany: https://lnkd.in/efpEyDya​ ​ #WindEnergy #SolarEnergy #Sustainability #RenewableEnergy #Germany | ENGIE Deutschland

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Taking advantage of opportunities and reducing bureaucracy 📂 This summarizes the outcome of our meeting with Robert Habeck (Bundesministerium für Wirtschaft und Klimaschutz) at SOLAR MATERIALS yesterday. As a technology leader in the recycling of solar modules, we are trying to cope with the current rush of used solar modules and build up capacities for our customers in a timely manner. However, we can only do this if we also go through all the necessary authorisation procedures promptly. Concrete proposals to the Minister were therefore: 🚀 A positive review of authorisation procedures that allows an early start. Not only in relation to construction measures, but also to operation. 🏭 A type approval for installations requiring authorisation so that complete procedures do not have to be carried out at every location. 🇪🇺 The early involvement of all stakeholders in new EU regulations that ultimately end up in national law and the possibility of authorising exemptions. We are therefore very pleased with the willingness of the Minister, the Federal Ministry of Economic Affairs and Climate Protection and the Ministry of Economic Affairs, Tourism, Agriculture and Forestry (Ministerium für Wissenschaft, Energie, Klimaschutz und Umwelt des Landes Sachsen-Anhalt) to work hard to find solutions here.

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The trend of extremely favourable module prices has been going on for a very long time now.   The fact that cheap modules can be both an opportunity and a risk was well illustrated by PV Magazine in November, when a considerable price trough was reached: #pv #prices #modules #cce #pvmagazine

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AI will shape the future of the energy sector, and vice versa. This was one of the key messages at the AI Day @ RWE that took place this week. We face a confluence of three significant factors: the rising demand for electricity worldwide, the growth of AI and its own corresponding electricity demand, and the need to accelerate the net-zero energy transformation.  AI is therefore more than a useful helper for daily work. It is simultaneously a demand driver, a challenge for local grids, and a tool to drive the energy transition forward. There are many possible pathways here, and each factor must be considered in combination with the others.  What’s clear is that the energy use of AI and data centres is growing rapidly, particularly in industrialised countries. The electricity demand for data centres is projected to rise 9% per year in the EU and could exceed 5% of the bloc’s total electricity demand by 2026. In the United States, data centres already represented 4% of total electricity demand in 2022, rising to 6% by 2026. Close partnerships between the tech sector and energy and infrastructure providers are therefore imperative for a secure power supply.  On the other hand, AI offers potential to overcome some of the energy system challenges that currently stand in its way. Grids particularly stand to benefit from improved forecasting, simulation, and real-time demand response. And in turn, better prediction of renewable generation profiles can help to ease their integration into the grid and provide more clean power.  In short: Our focus on AI is preparing us for the future. We are ready to provide the power that this technology needs, and we are also prepared to make use of its advantages.

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Join us to learn more about negative prices and volatility in Germany's power market with our experts!

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The regulation of distribution grids plays a key role in the efficient and sustainable use of reliable supply of energy. In this episode of POWER ON - The Reinhausen Podcast Franco Pizzutto, expert for voltage regulating distribution transformers at MR, shares his knowledge on technological advances and strategic approaches to optimize distribution grid management. 🎙️ 💡 Want to find out more about this topic? Check out the episode here: https://lnkd.in/ecj3MfNR 💡 Need more info about the podcast? Click here: https://lnkd.in/esNMg2cj #reinhausen #thepowerbehindpower #poweron #podcast #distributiongrids

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Upcoming Task 19: Photovoltaic Integration in Electricity Networks and Markets In this video, Gerd Heilscher, who will be the Manager of the new Task 19, starting in January, shares insights into its objectives and how it builds on the accomplishments of Task 14. Task 19 will focus on advocating for grid-connected solar PV as a key power source and supporting stakeholders with international studies and technical expertise. The Task will address challenges such as PV integration for grid stability, digitalization, and systems management, while promoting collaboration among renewable energy sources to strengthen energy systems worldwide. In the full interview, Gerd discusses Task 19’s goals, strategies for overcoming grid integration challenges, and the role of local energy management practices in successful PV systems. 📹 Watch the full interview and subscribe for more: https://lnkd.in/dgYbrEeU 📖 Learn more about Task 19: https://lnkd.in/dj95_ZQp #PV #EnergyTransition #SolarEnergy #IEAPVPS

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"The transformation of the electricity system requires a higher innovation dynamic and an expansion of the technology toolbox of grid operators." John Fitzgerald, CEO of SuperNode Ltd, discussed Germany’s energy future in Tagesspiegel Background Energie & Klima this week. Germany's energy transition demands not just infrastructure expansion but a rethink of our technologies. #Superconductors, with their high transmission capacity and lower raw material needs, offer a promising solution. To fully utilise these technologies, we need innovation-friendly regulation enabling pilot and demonstration projects. Read more here: https://lnkd.in/eMf7cfEq

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“Utilities are increasingly using batteries for grid stability and arbitrage, or moving electricity from periods of low prices to periods of high prices” says a new survey from the US Energy Information Administration (EIA). The report also details how utilities make use of batteries to improve grid reliability with services that support the transmission of electricity, known as ancillary services. One type of ancillary service is frequency regulation - of more importance as the ratio of renewable energy on the grid increases while the energy transition gathers pace. https://buff.ly/4cGas8M

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Experience the future with Electrifying Standards! It's been a month since we connected with customers, partners, and new friends at The smarter E in Munich. The energy industry offers tremendous growth in #Solar, #EnergyStorage, #EnergyManagement and #ChargingInfrastructure - but it's important to highlight the industry's youth. Collaborating with a partner like EcoG, "the windows of charging infrastructure", we aim to drive industrialisation and standardisation in #emobility infrastructure rollout. Teaming up with our sister company Eplan, we digitalize #blueprints for global engineering reuse, optimizing the customization processes. Watch my exciting interview with #electrive --> https://lnkd.in/emESDZj5 Explore our blueprints called #IndustryStandardProjects for efficient engineering at: 🌐 https://lnkd.in/e2JPQsr6 🌐 https://lnkd.in/es4CED7b 🌐 https://ecog.io/products Experience the future with Electrifying Standards! #ElectrifyYourSystem #PowerDistribution #ElectrifyingStandards

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There is an underlying market dynamic in the solar industry in Germany (and Europe) that hasn‘t changed a bit. It has fueled the growth in the last years - and will continue to do so. Never mind current volume hick ups across the industry. Thanks to Frankfurter Allgemeine Zeitung for shedding some light on the political and regulatory context in today‘s edition. #greentec #kontronsolar

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📹✨ At ETS24, Carina Lehmal, our CTO, delivered an insightful presentation on "Quantifying Grid Intelligence: The Role of Measurement Chains in Smart Grid Realization." 🔌🌍 Smart Grid and Sensors: Carina explained why achieving a truly smart grid is only possible with our advanced sensors. These measurement chains are crucial for monitoring, analyzing, and optimizing the grid's performance in real-time. ⚡🔧 Her talk highlighted how our sensors provide the necessary data to enhance grid efficiency, reliability, and sustainability. Without these precise measurements, the vision of a smart grid remains out of reach. Curious to learn more? Watch the video and discover how our sensors are shaping the future of energy! 🎥👇 Quantifying grid intelligence • Energy Tech Summit https://bit.ly/3zjIRvm #ETS24 #SmartGrid #GridIntelligence #MeasurementChains #Innovation #Sustainability

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