‘Trading-as-a-service’ for battery storage systems

Greensolver, a renewable energy services company and BESS asset manager; and StackEase, a BESS optimizer in France, are partnering to offer hybrid and standalone BESS project owners a financial modeling and revenue stacking service. The partnership aims to provide developers with business cases and financial models built on real-world data.
The proposed hypotheses will combine advanced BESS profit optimization algorithms proven on day-ahead and intraday wholesale markets and on system services including frequency containment reserve (FCR) and automatic frequency restoration reserve (aFRR). The models will include investment and operating cost reference values for various BESS projects, to offer a range of financing possibilities. The modeling will all be based on data from the direct operation of BESS on the French market.
“This new service allows project developers to perform sensitivity analyses for possible project configurations and determine the optimal size of standalone and hybrid BESS projects through appropriate operational and financial KPIs (key performance indicators) and tailored financial models,” said Greensolver CEO Carla Vico Rico. “It is supported by a multidisciplinary team of experts and helps developers in their strategic thinking and decision-making.”
Greensolver manages a portfolio of 15 BESS assets totaling more than 500 MWh in France and the United Kingdom.
StackEase, for its part, offers “optimization-as-a-service” for battery storage systems. Its software continuously optimizes asset operation to maximize profitability, based on price forecasts and trading algorithms. Operational on 25 MW of batteries in France, StackEase technology is used across the FCR, aFRR, day-ahead, intraday, and spread markets.
From pv magazine France.