Episode description
The primary role of battery energy storage optimisers is to make sure that the assets they operate enter the most lucrative markets at the most opportune times. However, as more potential revenue streams emerge, this task becomes more complex. In this episode, Tim Overton (Chief Operating Officer, Modo) talks to Jacob Monroe (Chief Commercial Officer, Arenko Group) about the challenges facing battery optimisers. They discuss:
- The algorithmisation of trading and dispatching batteries.
- The differences and similarities between markets for battery energy storage in the USA and those in GB.
- The increasing complexity of optimisation as we move nearer to real-time procurement.
- Applying the lessons learned from lithium-ion battery optimisation to other technologies.
- And, of course, where Arenko Group fits into all of this.
Arenko Group seeks to bring balance to the energy system by unlocking the full value of batteries and renewables with automation and optimisation. To find out more about what they do, head along to: https://arenko.group/
Find Jacob on LinkedIn: https://www.linkedin.com/in/jacobdmonroe/
Modo is a leading voice in the world of battery energy storage. We provide transparency around BESS revenues, as well as unique research and analysis to help you get to grips with energy markets. To find out how we can help you build the future energy system, check out: https://modo.energy/
To keep up with all of our latest Insights, follow us on LinkedIn: https://www.linkedin.com/company/modo-energy/