It is uncertain whether electricity prices will fluctuate more violently in the coming years, or whether the peaks will actually level off.ĭuring this highly interactive workshop you will be provided with the latest insights and best practices of how to obtain the maximum economic benefits when participating with batteries in the electricity market. The more volatile electricity prices are, the greater the earning potential of batteries trading electricity on the various electricity markets.īatteries can make money in several different ways: through a frequency response contract with the TSO, by providing grid services in other ways or by arbitrage through buying cheap power and selling power for a higher price in the liquid wholesale market.īecause batteries are so efficient, the round trip efficiency is so high, they can do spread trading, arbitrage trading, much, much better than other storage types and in many cases, other asset classes.įor companies that combine a battery with other tasks, for example to store power from their own panels, or to avoid a costly heavy power connection, the investment is less risky than for the ones that purely focus on arbitrage trading. A strong revenue model requires stacking of different revenue sources.Īs the share of variable renewable sources in electricity systems further increase, battery systems are expected to play a growing role by providing frequency control and operational reserves as well as for wholesale arbitrage, while helping reduce grid integration costs. An increasing number of developers are keen to add battery storage systems into their existing projects, but future cash flows are highly uncertain and they are often unsure exactly how the battery will be used. 2015), other technologies may be better suited to this use case (batteries. Batteries are going to play an increasingly important role in the energy system. While use of these technologies for spinning reserve is possible (Luo et al.
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