Energy Storage’s Post

📣 Exciting News! We are thrilled to announce that our agenda for the inaugural Battery Asset Management Summit Europe is now live on our website! With Europe adding over 9GW of energy storage in 2023, a staggering 321% increase from 2022, the momentum is unstoppable. By 2030, Europe is expected to have a total capacity of 165GW, with 10GW projected to be added in 2024 alone. Our summit will address the critical question: "How to maximize your assets?" Our agenda focuses on three core themes: Revenue & Trading: Unlocking the value of your assets. Lifecycle of the Battery: Enhancing performance and longevity. Optimization Tools: Leveraging the latest in software and analytics. Expect innovative formats such as a ‘Crash Course in Battery Asset Management’, Ask-Me-Anything sessions with market experts, and market-focused roundtables. 📅 Save the Date: December 3-4, 2024 📍 Location: Rome, Italy 🔊Check out our Agenda -->> https://lnkd.in/emeRsy5m 📥 Download our Partnership Prospectus -->> https://lnkd.in/es89-jet 🔗 Learn More and Register Today -->> https://lnkd.in/e2WDBWQf #BatteryManagement #EnergyStorage #BAMEurope2024

Earlier this week Felice Basile, Global Head of Portfolio Management at NextEnergy Capital spoke at Solarplaza Summit in Frankfurt, on the panel “Financial Health of your Solar Assets.” Felice shared cases from NextEnergy Capital’s global operational portfolio, highlighting successful performance management to protect financial returns. Felice concluded “in the current evolving environment an active and sophisticated asset management approach is increasingly important to add value to the management of the portfolio.” | #portfoliomanagement | #assetmanagement | #solarplaza | #SAMEU23 | #solarenergy | #Europe23 | #solarplazasummit | #solarplazalive

The global pursuit of strategic #EnergyTransition objectives continues to draw significant investment capital into the energy, utilities and resources sectors. Read more on the global M&A trends: https://pwc.to/3GlUS4M  #PwCDeals #Energy

The global pursuit of strategic #EnergyTransition objectives continues to draw significant investment capital into the energy, utilities and resources sectors. Read more: https://pwc.to/3GlUS4M  #PwCDeals #Energy

In the rapidly changing landscape of power generation, companies are searching for smart solutions to stay competitive, meet sustainability goals, and open up to new revenue streams. Right at the heart of these solutions is Asset Performance Management (APM), which helps manage and improve the performance of physical assets as part of a broader, more holistic move to contribute to overall company goals. #APM is shaping a more sustainable and diversified future for energy, utility, and resource organizations. Read this blog to learn more:

In the rapidly changing landscape of power generation, companies are searching for smart solutions to stay competitive, meet sustainability goals, and open up to new revenue streams. Right at the heart of these solutions is Asset Performance Management (APM), which helps manage and improve the performance of physical assets as part of a broader, more holistic move to contribute to overall company goals. #APM is shaping a more sustainable and diversified future for energy, utility, and resource organizations. Read this blog to learn more:

$9.2Billion invested by VCs & PE in 2023 in energy storage. This is a record and a huge increase compared to the $5.8m raised in 2022. Despite the significant increase in investment in energy storage, smart grid investment dropped 55% to $1.5 Billion from $3.3B in 2022. Overall corporate funding including VC/PE investment in energy storage and smart grid sectors in 2023 was down 29% from $31.2B in 2022. What are the reasons- Market volatility creating investor caution? Overpriced asset valuation? higher interest rates? Is this a cause for concern? We will see a bounce back this year?

Yesterday, Paul Norrish, WiseEnergy’s MD, Client Management spoke at the Solarplaza summit in Frankfurt.   The panel on which he was present discussed “how the asset manager’s role is evolving in a smarter energy society”. Rebecca Carter, WiseEnergy’s Global Managing Director attended the panel discussion, sharing the following key themes: ▪ Though technology plays an ever more important role in asset management, human oversight and intervention remains key (e.g. intervention in more “manual” issues such as resolving delays in getting critical spare parts to site, which can otherwise lead to significant losses for plants). ▪ Further, one of the challenges an asset manager faces irrespective of technology is the increasing number of stakeholders with whom they need to interact (ESG advisors, regulators, battery optimisers, grid operators, amongst many others). ▪ Batteries remain one of the biggest opportunities for the solar sector, though they present a challenge to asset managers given the complexity associated with understanding, measuring and reporting KPIs. An asset manager's role with batteries is still in its infancy but it is a critical area to get right, as the asset manager can help make (or break) the investment business case. Paul Norrish concluded “the future is bright - but it’s also very complicated!” | #solarplaza | #assetmanagement | #assetmanager | #batterystorage | #techinnovation | #assetmanager | #Europe23 | #clientmanagement |

Significant investments in the #EnergyTransition will lead to utilities focusing efforts on refurbishing existing assets and investing in new energy platforms. Read more: https://pwc.to/3GlUS4M  #PwCDeals #Power #Utilities