Symbolic image of an old scientist working on complex calculations with a chameleon by his side, representing the science of battery storage revenue modeling in electricity markets.

Over the last year we became increasingly involved with the “science” of modelling past and future revenues of battery energy storage systems (BESS) and now decided to shed some light on this practice. We believe that customers are being sold a lot of voodoo for science and that the incentives in this industry are not at all well aligned.

Group photo of four FLEXPOWER team members, representing a new electricity trading company focusing on renewables and battery storage in Europe

CF Flex Power GmbH (“FLEXPOWER”) is a new trader entering the European electricity market. The Hamburg-based power trader focuses on the market integration of renewable energies and the potential of stationary battery storage to provide flexibility for the electricity market.

The decarbonization of energy is the largest industrial endeavor of our time. Energy supplies are changing from large, centralized and dispatchable plants to small, decentralized and weather-dependent renewables: mostly wind and solar.