EDF Wholesale Market Services’ Post

Check out this recent blog post by my colleague James Thornton to find out more about the different routes to market accessed by battery systems in the GB market!

It's great to see the incredible work our technical experts in EDF Wholesale Market Services are doing to optimise battery energy storage systems, improving efficiency and extending lifespan—both of which are crucial for supporting the growth of renewable energy. As the energy market continues to evolve, efficient battery storage solutions are crucial not only for sustainability but also for unlocking significant commercial potential. By improving the performance and longevity of our storage systems, we’re better equipped to meet customer needs while delivering greater value. This blog highlights some of the innovations we’re driving in this space, and it’s well worth a read if you’re interested in how we’re making renewable energy more sustainable and accessible for the future. #BESSMarket #BessOptimisation

SGA to SRA - Integrated Resource Providers in the NEM Australia's energy industry is continuing its transformation through the introduction of an Integrated Resource Provider (IRP) market registration category. This change forms part of the Integrated Energy Storage Systems (IESS) rule change that commenced on June 3, 2024, designed to integrate energy storage systems and hybrid systems into the National Electricity Market (NEM) more efficiently. Those previously within the Small Generation Aggregator (SGA) role, will now fall under the Small Resource Aggregator (SRA) category with the ability to participate in ancillary services. Read more about these changes and associated Embedded Network models, via our website at the link below. https://lnkd.in/gfUT-E_S

Battery Energy Storage Systems (“BESS”) have become more and more a part of the advancement and enhancement in infrastructure and energy investment strategies, not to mention a mission critical component for value creation in the energy transition, and they provide much-needed stabilization for the grid, typically at a reduced investment compared to building new large scale infrastructure in many areas. This is a “bigger is not always better” scenario. I am a firm believer, borne out by a lot of experience, that the solutions for the “energy transition” are many-fold, and a little bit of everything will be needed. With that in mind, if you wanted to make a single bet as to where an incredible amount of value will be created in the coming years, I would argue that behind-the-meter as well as smaller scale distributed grid-side BESS would be it. This is a spot where every side of the value chain benefits, provides true value (not just financial engineering or deal structuring), where you’ll see continued regulatory and legislative enhancement to support it, continued and new tax incentives at the state and local level, utility programs to encourage it, more new well-paid jobs being created, technology improvements both in equipment and software, and so much more. This short primer on behind-the-meter (BTM) BESS is a good and simple read as to how it all works and where some of the opportunities are to create value with a BESS system. I look forward to continuing to support cutting edge businesses and sponsors in the deployment of these vital assets and evolving business models! #bess #btm #batteries #energytransition #infrastructure #gridstorage #energystorage #infrastructureinvestment #DERs #renewableenergy #gridstabilization #batteryenergystoragesystems #investment #vpp #virtualpowerplants #itc #stateincentives https://lnkd.in/emwzSQ8w

#EnergyStorage in the US is 'shattering' records! Q4 2023 saw a 358% increase in energy storage deployment, compared to Q4 2022. As the market evolves, Wärtsilä Energy is excited to be at the forefront of deploying cutting-edge energy solutions for customers in the US and across the globe. With our recent product introduction of Quantum2— a fully integrated high-capacity energy storage system— the Wärtsilä ES&O team is prepared to meet the demands of this growing industry and secure a #RenewableEnergy future for all. I look forward to seeing what records the battery storage industry breaks this year! Read more via Energy-Storage.news: https://bit.ly/49la0e4

The US energy storage market has officially doubled down on progress! 💡📈 With a record-breaking 4,236 MW installed in Q4 of 2023, we're not just talking incremental change – we've lept forward by 100% from Q3. It's not every day we see such impressive growth, especially in the grid-scale sector, nearly hitting the 4 GW mark in a single quarter. That's a staggering 358% increase from the previous year. These numbers aren't just digits; they represent enhanced grid resilience and a robust future for energy storage. California, Arizona, and Texas are leading the charge, with residential deployments setting their own records. And with an 89% projected increase in battery capacity by the end of 2024, we're gearing up for even more expansive growth. This isn't just about the energy sector evolving; it's about a commitment to a resilient and sustainable power grid. The future's looking bright and, undoubtedly, electric! #EnergyStorage #RenewableEnergy #Sustainability #CleanTech

Discover the crucial role of lithium battery modules in energy storage systems in our latest article, "Bridging the Gap: the Interface between Lithium Battery Modules and Energy Storage Systems." Unveil the seamless integration that forms the backbone of modern energy solutions, enabling a smooth transition between energy generation and utilization. Join us as we explore the harmony and efficiency that lithium battery modules bring to the operation of energy storage systems, revolutionizing the way we harness and store power. #ZRGP #EnergyStorage #LithiumBattery #SustainableEnergy

Trina Storage Achieves Tier 1 Status for Three Consecutive Quarters by BloombergNEF Trina Storage, a leading provider of integrated energy storage solutions, is proud to announce that it has been recognized as a Tier 1 energy storage supplier by Bloomberg New Energy Finance (BloombergNEF) for three consecutive quarters. This prestigious recognition is a testament to Trina Storage’s comprehensive capabilities and its active contributions to the global energy transition. BNEF’s Tier 1 status is awarded to manufacturers that meet rigorous standards for product performance, bankability, and customer satisfaction. Trina Storage’s strong financial health, cutting-edge technology, and extensive project portfolio have positioned it as a trusted leader in the energy storage industry. Innovative Solutions […] Read the full story here: https://lnkd.in/dNm5jfYW #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #asia #energystorage #renewableenergy #solarenergy #trinastorage

As Australian Energy Market Operator (AEMO) issues its second Minimum System Load warning for Victoria in the past month, Itron, Inc. stands ready to support its customers with its Low-Voltage Distributed Energy Resource Management systems (LV DERMs) that enable Utilities to monitor and control their Low-Voltage network. Read more about the challenges facing Australian Distribution Network Service Providers and how Itron, Inc. is helping to turn these challenges into opportunities in the Smart Energy International article below

Discover how Battery Energy Storage Systems (BESS) can help you optimise your energy spend, unlock potential revenue from a range of market schemes and build the foundations of a Smart Energy Hub 👉 https://lnkd.in/etiZaRuF