«We model your storage system with renewable generation source resources, wind or just for you to store Battery as Merchant Peaker».
BEES scenarios:
-Utility scale. Storage of generation and demand according to the peak.
-Merchant. Purchase and sale of energy based on market prices.
What the BESS?
A Battery Energy Storage System (BESS) is a system that uses batteries to store electrical energy. They can fulfill a whole range of functions in the electricity grid or the integration of renewable energies. We explain the components of a BESS, what battery technologies are available, and how they can be used.
In the energy industry, BESS are used for a variety of purposes such as balancing the supply and demand of energy in the grid, providing ancillary services, and enabling the integration of renewable energy sources.
In the energy industry, BESS are used for a variety of purposes such as balancing the supply and demand of energy in the grid, providing ancillary services, and enabling the integration of renewable energy sources.
Battery storage systems come in completely different scales – from fridge-sized residential battery storage systems to so-called battery storage power stations, large utility-scale systems that take up entire streets or industrial areas. Their storage capacity (the amount of energy that can be stored or released) and power capability (the speed at which the energy can be released) vary accordingly.
Depending on the specifications, they can be used for ancillary services such as grid stabilisation (frequency control) and peak shaving (load shedding), but also for load shifting and to increase the self-consumption of fluctuating renewable energies (wind and solar power)
Accordingly, their services can also be offered on various markets such as markets for ancillary services (e.g. the balancing energy market), capacity markets, or wholesale markets.
Which Factors Influence the Economic Viability of a Battery Storage System?
The economic viability of a battery storage system is influenced by a variety of factors.
Acquisition and Installation Costs (CapEx): The purchase and installation costs of a battery storage system are important factors that affect its economic viability. Although battery storage prices have decreased in recent years, the initial investment remains substantial.
Market Value of Renewables.
The market value is a metric measuring the specific value of electricity fed into the grid by a particular plant, a generating technology, or a primary energy source as a whole. The current spot market prices on electricity exchanges, are used as a reference value. The market value is an important indicator for calculating the economic value of power plants.
Related key figures are capture price and capture rate. All three help to understand why a higher proportion of renewable electricity tends to lead to lower returns and what consequences this has for the energy transition.
Market Value of Renewables.
The market value is a metric measuring the specific value of electricity fed into the grid by a particular plant, a generating technology, or a primary energy source as a whole. The current spot market prices on electricity exchanges, are used as a reference value. The market value is an important indicator for calculating the economic value of power plants.
Related key figures are capture price and capture rate. All three help to understand why a higher proportion of renewable electricity tends to lead to lower returns and what consequences this has for the energy transition.