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Tag: Optimization

All Articles about Optimization

Anlagenkombination aus PV (links) und Batteriespeicher (Mitte) in Wanneperveen, Niederlanden

Trading Launch of Co-Located Battery Storage and PV Plant in Wanneperveen

FlexPower GmbH, PowerField Energy B.V., and Spectral have commenced trading operations for the co-located Battery Energy Storage System (BESS) and Photovoltaic (PV) plant in Wanneperveen.

A new index by FlexPower shows the current and historical value of flexible dispatch resources in energy trading

New Index Calculates Value of Flexibility in the German Electricity Market

The FlexIndex measures on a daily basis the revenues that operators of flexible assets can achieve in Germany’s short-term spot market. The index is based on a reference battery with a storage capacity of one megawatt-hour and a power of one megawatt.

The “science” of modelling past and future revenues of battery energy storage systems (BESS)

The Battery Specific Science of Revenue Modelling

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.

Cross-Market Energy Arbitrage for Battery Storage – How does it work?

We are often asked how the financial optimization (or: arbitrage) of a battery across the different market places of the spot market works. We show this x-market optimization here by way of example focusing on the day-ahead spot market (hourly auction at 12 noon), intraday quarter-hourly auction (at 3 p.m.) and the so-called intraday continuous market (quarter-hourly products up to five minutes before delivery).