Making Money from Batteries
What do current players and new entrants into the market really need to know when it comes to making the most out of battery storage? Hear from leaders in the space who share their expertise in this session.
- Being in the know about realistic ways to generate revenue in the market you are playing in, being clued up if there are multiple revenue streams
- Better software means better revenue - the larger the project, the more important sophisticated Energy Management Software becomes
- Conducting effective and detailed modelling to get the most out of the asset pre-deployment
- Trading limitations and understanding the capacity of a battery – avoiding pitfalls
- What do the early days of the new market service Dynamic Containment say about where grid services in the UK are going?
- What is the outlook for the ancillary services market in the future? What will the revenue potential look like?
- How best to overcome challenges like operational metering when bidding into this market
- Transitioning from FFR to DC services; can the system keep up with the pace of change?
- Reserve and response reform - future strategy and areas of focus
Get involved in our exciting virtual networking sessions, where you will meet in groups of 4 for 4 minutes to share contact information, insight and ideas with other industry professionals. All this from the comfort of your own home; this fun and snappy session will satisfy your desire to meet new people and bring back networking.
- A deep dive into the current trading landscape by the UK’s largest battery storage trading and optimisation company
- Clear insight for developers, owners, investors and asset managers into the complex balance between investment risk and asset optimisation
- Including EDF’s own modelling of the current trading landscape and the key trends moving forward in a post-COVID trading environment
A three-fold presentation covering some of the most important aspects in energy storage. The energy storage concept that will satisfy all applications.
- Ancillary services
- Energy & Capacity services
- Transmission and distribution services
- How to make the most out of your utility-scale battery project via the best combination of revenue stacking
- What is real value-stacking and how to get services/revenue to match up
- Trading: human or machine-learning led optimization strategies?
- Adding to your bottom line with ancillary services
Long Duration & Disruptive Technologies
How do we bring future scenarios for storage to life, and simulate the required energy mix of the future?
- What will the right mix of technologies be to enable the industry to hit future targets?
- The importance of modelling and the role that energy storage is already and will play
- Simulating the ideal scenario for the real level of storage that will be required in the future
- Innovation requirements to hit these targets
- Combining technologies and stacking revenues to showcase various revenue streams and capabilities
- The GEMS software platform and how it is used to maximise revenue streams
- Highlighting case studies which show the real world applications and benefits of this software
Get involved in our exciting virtual networking sessions, where you will meet in groups of 4 for 4 minutes to share contact information, insight and ideas with other industry professionals. All this from the comfort of your own home; this fun and snappy session will satisfy your desire to meet new people and bring back networking.
- What will the size of the energy storage industry be in 2030?
- How dominant will Li-ion be in the coming years?
- How do disruptive technologies find a role in this rapidly growing and competitive market?
- What factors will affect the success of long duration storage?
This presentation will give an overview of what is needed to ensure good outcomes in thermal storage systems, implementing flexible controls and taking a whole-systems approach.
- Control systems and considerations for thermal storage systems for success on the customer side
- Requirements for various control modes from start-up through to end game
- Reacting to specific yet varied real-life scenarios throughout the process
It’s not just about electricity storage; gas and hydrogen also have the potential to push the industry forward toward the full green transition.
- EU developments & how gas and hydrogen can help with the green transition
- What further legislation or direction is required from governments to help propel the industry forward?
- What are the future development opportunities for energy storage with hydrogen and what are the real-life applications?
- How big corporate players and offtakers view the opportunity
We will be hosting various interactive sessions to mix up your afternoon, with the chance to interact directly with leading industry figures through our virtual platform. The session will last 45 mins; these sessions are first-come first-served, please get in touch if you would like to join.
(14:00) WORKSHOP 1: Is the UK Ready for Solar Plus Storage?, hosted by Trina Storage
- Short overview: Trina storage solution
- Discussion about solar (renewables) plus storage in UK: Challenges and opportunities from different perspectives
- Route to market
- Policy & regulation
- Investors
- Developers/IPP
- Summary & Conclusion
Hosts:
Dr. Jan Schoene, Head of Product, Overseas Storage
Daniel Greten, Head of Sales, Overseas Storage
(15.00) WORKSHOP 2: Smart Storage Tech for the UK Energy Transition, hosted by Wärtsilä
- Grid modernization, flexibility markets and the role of batteries
- How large-scale, complex projects are supporting local grid modernisation and renewables integration, with a smart software suite to optimise revenue
- Energy storage outlook in the UK market
- Importance of energy optimisation and optimisation modules solving problems
Hosts:
Caroline Wright, Sr. Business Development Manager
Bent Iversen, Sr. Business Development Manager
(16.00) WORKSHOP 3: Optimisation Strategies & Revenue Opportunities, hosted by EDF
What are the practicalities of getting your battery storage project up and running and how can you make good returns?
- What did 2020 tell us about the role of the optimiser?
- Key barriers to project launch and how to overcome them
- Revenue generation opportunities for 2021
Hosts:
James Law, Senior Manager, Local Energy Markets
Fabrizio Fenu, Strategic Account Manager
Electric heating and control technologies play a critical role in long term thermal energy storage. Electric heating systems are used to preheat “charge” various thermal energy storage media including; water, thermal oils, molten salt, rocks, and other thermal storage media. Electric heating systems can also utilize the electricity generated from the stored thermal energy for process heating or steam generation for industrial and commercial heating applications.
Policy & Regulation
EU and global policymakers are talking about the importance of long-duration, but what policy drivers does the market need to stimulate development for these technologies?
The pathfinder programs offer unique opportunities for versatile energy storage solutions to make money beyond the short-duration ancillary service market. This presentation will showcase the market opportunities for long-duration storage solutions and provide technical insights into the Siemens Gamesa Electric Thermal Energy Storage (ETES) technology.
We will be hosting various interactive sessions to mix up your morning, with the chance to interact directly with leading industry figures and get insight on specific countries and regions. Each session will last 45 mins.
(11:15) Iberia - hosted by UNEF & EDP Portugal
With recent announcements from Spain on their storage targets and Portugal’s solar tender with significant scope for storage add-ons, the Iberian market is ripe for investment and opportunity. Join this session to find out more, with a focus on policy and regulation.
Hosts: Alejandro Labanda, Director of Regulation & Studies, UNEF
Berto Martins, Director, Electricity Markets, EDP Portugal
(12:15) Italy - hosted by REF-E and Clean Horizon Consulting
Italy's TSO Terna SpA has just awarded five-year contracts for BESS to provide Fast Reserve grid services, as part of an over-subscribed auction in December 2020. This session will discuss what this means for the future of the storage market in Italy, and where the sector is a few months on from the auction.
Hosts: Paolo Marino, Director, REF-E
Michael Salomon Ph.D, CEO, Clean Horizon Consulting
(13:15) Ireland – hosted by the Irish Energy Storage Association and Statkraft Ireland
Ireland remains a hot market for storage following the DS3 auction in 2020, and they are already meeting the technical requirements with over 400MW of batteries on the grid. Here, we cover the future arrangements for system services and what will happen with the short-term reserve market in 2023?
Hosts: Frank Burke, Technical Advisor, Irish Energy Storage Association
Bernice Doyle, Head of Grid Services, Statkraft Ireland
What needs to happen to foster change, drive implementation and create a conducive environment for long-duration energy storage in the industry?
- The fundamental importance of prevention first – changing the inherent codes and standards in the industry
- Learnings from other countries such as the US and California
- The beginnings of a new asset register to ensure safety comes first with new storage installations of any size
Choosing a Model to Suit Your Business & Financing
UK Export Finance's role is to ensure that no UK export fails through lack of financing. This presentation will highlight their important work in the sector, how they can help support and finance businesses and projects.
- Market conditions in the UK for solar plus storage vs the rest of Europe
- What are the emerging markets on the horizon and what can they offer in terms of colocated opportunities?
- Mature markets: What is holding back multiple GW of colocated projects being developed in the UK?
- The Middle East – what makes this market so lucrative for colocation?
- How the approach to revenue stacking might differ across the various markets
Where would you build a solar-plus-storage project, and THREE reasons why?
- Are banks and lenders still keen to do deals in the current environment?
- Predictions in the shift of funding sources – equity or debt?
- Large pension funds and the role they have to play
- What developers can do to increase their chances, tips to increase bankability and building the right relationships
Equigy helps balance the grid and ensure security of supply for the energy transition. It uses blockchain technology to access, via aggregators, new sources of electricity from the owners of consumer-based devices.
This case study will focus on the developments, learnings and pitfalls for the Whitelee Wind Farm, pairing 50MW of battery storage with wind generation.