enspired

Renewables: Friend or Foe?🤔 As renewable build-out continues to grow, so does the demand for flexibility. But what happens when there isn’t enough flexibility available? On September 23rd, the Finnish market saw an imbalance price spike to €3000/MWh for two consecutive hours due to changes in interconnector flows. Although renewables captured a larger share of the day-ahead market volume, they couldn’t provide the required flexibility, leading to the price surge. Later in the week, on September 26th, imbalance prices reached €1850/MWh in the Netherlands and €954/MWh in Germany. A 4 GW swing from long to short positions drove the Dutch market, while Germany saw a 5 GW deviation at the end of the solar ramp. Yet, is this necessarily negative?🕵️♀️ A day later, on September 27th, windy conditions in Belgium led to day-ahead prices dropping to €0/MWh for almost 12 hours. Prices climbed back to €40-70/MWh during the morning and evening peaks—a pattern that repeated on September 28th, but with a more pronounced evening peak spread from €0 to €115/MWh in Belgium and €0 to €145/MWh in the Netherlands. For battery operators, these price variations offer significant opportunities to optimize and lock in value. Understanding and navigating these fluctuations is key to turning renewable volatility into profitability.🔋 Learn more here: https://hubs.la/Q02RPRqG0 #EnergyMarkets #RenewableEnergy #Flexibility #EnergyStorage #MarketVolatility #Trading

📢 The End of an Era: UK's Last Coal-Fired Power Plant Shuts Down Today 🚫 The closure marks the end of Britain’s 142-year history of coal power use which began when the world’s first coal-fired power station, the Holborn Viaduct power station, began generating electricity in 1882.⚡ This move brings the UK closer to its 2050 net-zero emissions target and is a clear signal that the energy landscape in Europe is shifting decisively towards renewable sources.💚 The UK joins a growing number of European countries that have completely phased out coal-fired power generation, including Belgium, Austria, and Sweden. This achievement underscores the importance of transitioning to cleaner energy sources and highlights the potential for other nations to follow suit.💡 At enspired, we believe that the future of energy is digital and carbon-free. With the closure of the last coal plant, the UK has shown that a cleaner energy system is not just possible, but the only viable path forward. As we continue to support our partners in navigating this transition, we remain committed to maximizing the value of renewable energy assets and enabling a sustainable energy future.🚀 Read the whole article 👉https://hubs.la/Q02RtbM20 #EnergyTransition #NetZero #RenewableEnergy #CleanEnergy #Sustainability #UK #EnergyMarkets

We are proud to partner with VBB (Versorgungsbetriebe Bordesholm GmbH), optimizing their 15 MW grid-scale battery for cross-market trading. 🔋 💪 With enspired’s fully digital, real-time route-to-market service, VBB's battery is now performing across wholesale, FCR, and aFRR markets. This collaboration enables VBB to maximize the commercial value of its asset while maintaining full transparency through custom dashboards. 📊 Together, we are not only driving profitability but also supporting the shift towards 100% renewable energy, aligning with VBB's goal of achieving full decentralization by 2025. 💚 Grab a cup of coffee and dive into what Frank Günther from VBB and Maximiliane Resch from enspired have to say about this collaboration 👉 https://lnkd.in/dqxYr9wU #EnergyStorage #BESS #Renewables #GridStability #EnergyTransition

Germany is preparing for its first auctions of long-duration energy storage (LDES) systems, targeting 2025 and 2026. The initiative aims to support the integration of renewable energy into the grid and ensure supply security. The auctions will focus on storage systems with durations of at least four hours, with an estimated capacity need of around 1.5GW by 2045. 🔋 The 500MW LDES procurement will take place as part of a first tranche, alongside 5GW of hydrogen-ready power plants, 2GW of modernisations to make existing plants run on hydrogen, and 500MW of pure hydrogen plants. The German Federal Ministry for Economic Affairs and Climate Action expects the auctions to play a crucial role in the country’s energy transition by stabilizing intermittent renewable energy sources. While final details are yet to be confirmed, these auctions will likely set the stage for a more flexible and resilient energy system in Germany.🙏 Read the whole article here 👉 https://hubs.ly/Q02QVtvK0 #EnergyStorage #LDES #RenewableEnergy #GermanyEnergyTransition #GridStability

🌟 A Big Thank You to Our Incredible Participants! 🌟 What an *enspiring* time at get enspired! Vienna 🚀 Together, we delved into the dynamic world of energy storage optimization that is playing a pivotal role in accelerating our energy transition. From innovative technologies to groundbreaking discussions, the enthusiasm and expertise shared by everyone truly lit up the room! 🔋✨ We are grateful to all the speakers, panelists, and attendees who came together to explore how we can harness the power of battery storage to create a sustainable future. Your insights and passion for clean energy are the driving forces behind real change. 🌱💡 As we move forward, let’s continue this momentum! We believe that the exchange of ideas doesn’t end here; it’s just the beginning. We’re eager to see more collaborations, discussions, and innovations emerge from the connections made at this event. Together, we can forge a brighter path toward a greener, more sustainable world! 🌍💚 Stay tuned for upcoming initiatives and events, and let’s keep this energy flowing! 🔥 Enjoy this highlights video to get a glimpse of get enspired! Vienna 2024 🎥 Stefan Lindtner CCE Dr. Stefan Englberger ECO STOR GmbH Dominique Becker Hoff S4 Energy Juergen Mayerhofer Jonas van Ouwerkerk RWTH Aachen University Avner Shahal VentusVentures Holding GmbH Dr.-Ing. Hang Yin NIO Deutschland Paul Kimbacher Heinrich & Mortinger GmbH #batterystorage #energytransition #innovation #sustainablefuture #BESSoptimization

We are happy to share that our event, #getenspired goes well and is more interactive than ever! 🎉 As we speak, the greatest minds in the industry are discussing innovative approaches toward battery storage, such as degradation-informed optimization and cross-market strategies. 🚀 This year, the main focus was to engage our participants in active discussions even more, so we had working groups, interactive forums, and classic Q&A panels. 🎓 We can only tackle climate change and accelerate energy transition when we work together. 💪 This is our fair share - connecting and educating the industry. We hope to do it for many more years. Thank you to all the participants! And see you next year! 🙌 NIO Deutschland Fluence volytica diagnostics CCE AFRY ECO STOR GmbH ...and many more! Juergen Mayerhofer jürgen pfalzer #energytransition #batteryoptimization #batterystorage #BESS

enSights has introduced a BESS sizing calculator that is set to significantly speed up the deployment process. The tool is designed to optimize BESS configurations by evaluating various technical and financial parameters. Designed for both technical experts and financial planners, the calculator offers a user-friendly interface that simplifies complex decision-making processes. By simulating different scenarios, the tool provides precise sizing recommendations, ensuring that installations are both cost-effective and technically optimized, leading to cost savings by avoiding over-sizing or under-sizing systems. The new BESS calculator uses a proprietary model to balance maximizing returns over the asset lifetime with optimizing battery lifespan by accounting for critical battery specs and degradation parameters, such as depth of discharge (DoD), round-trip efficiency (RTE), and charge and discharge cycles. Leveraging its unique battery usage algorithm informed by real data, the battery calculator supports a variety of value stacking opportunities, including increased PV self-consumption and demand charge reduction for energy consumers, energy arbitrage and voltage support for ISO/RTO services, and transmission congestion relief for utility services. As energy markets continue to grow, this tool could play a critical role in scaling up BESS deployment on a scale that's needed. Read more about this development 👉https://hubs.la/Q02NjG1x0 #energystorage #BESS #renewableenergy #gridstability #energytransition

GIGA Storage has concluded the first-ever time-limited contract with TenneT, which will give it the right to charge or discharge from the grid for 85% of the day. This new contract form ensures that scarce grid space can be used more. This is necessary because congestion on the electricity grid now means that connections with a full and fixed transmission right are not always possible. We need to use power grids smarter. That's one way to do it. 👍 Check the whole article here 👉https://hubs.la/Q02MYdx80 #EnergyStorage #BESS #RenewableEnergy #GridStability #Netherlands #TenneT #GIGAStorage #EnergyTransition

Choosing the right Trading as a Service (TaaS) partner 👀 We recently updated our white paper about finding the right TaaS partner. 🙌 Since this is crucial knowledge for maximizing the value of your assets, we decided to make it available for download without any registration needed! Here are some key factors to consider: · Profitability track record: make sure the provider has a proven history of delivering profitable results. · Fair pricing model: look for a transparent pricing structure with options for profit sharing. · Experience and expertise: the provider’s team should offer a comprehensive range of skills and experience. · Fully digital algo trading: advanced AI-driven trading systems are essential for adapting to market changes. · Compatibility with your processes: seamless data exchange and integration with your existing systems are vital. · Flexibility in contract terms: ensure you have the freedom to terminate the contract without long-term commitments. · Transparency: full visibility into trading strategies and results is a must. Tailored strategies: the provider should offer customized strategies for different asset types. By keeping these criteria in mind, you can partner with a TaaS provider that not only optimizes your trading outcomes but also aligns with your operational needs and strategic goals. Get your white paper! 👉https://hubs.la/Q02KxGrY0 ❗No registration needed❗😉 #powertradingasaservice #TaaS #BESS #batterystorage

Do you also get confused about the difference between SoH and SoC?🤔 Or maybe it's the first time you hear these terms? We got you!🕵️♀️ Check our battery glossary and say goodbye to the struggles of deciphering technical content!🎓 Nobody asked, but everyone benefits! 😀 Off you go! 👉 https://hubs.la/Q02JbWk30 #batterystorage #BESS #storageoptimization