Integrated Storage Optimization at Commercial & Industrial Sites

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Recording of Wednesday, June 19, 2024 | The smarter E Europe 2024 | Conference Program | Language: English | Duration: 16:21 .

Felix Jedamzik of Coneva Discusses Multi-Use Case Storage Optimization for Commercial and Industrial Energy Management

Felix Jedamzik, head of business development and sales at coneva, discusses integrated storage optimization for commercial and industrial sites. Coneva, a subsidiary of SMR Solar Technology AG founded in 2018, focuses on local energy management solutions. Integrated storage optimization combines multiple use cases behind the meter to enhance PV self-consumption and peak load shaving while leveraging spot market opportunities. Jedamzik elaborates on three key use cases: 1. PV Self-Consumption Optimization - This simple approach increases cost savings by using surplus PV production locally rather than feeding it back into the grid at lower tariffs. 2. Peak Load Shaving - By deploying battery storage to buffer peak loads, companies can significantly reduce capacity-related costs. 3. Proactive Battery Optimization - Utilizing forecast data allows efficient allocation of battery capacity across various scenarios including price volatilities on the spot market. These measures collectively enable significant cost reductions by optimizing energy flow based on predictive analytics rather than reactive strategies alone.

Automated summarization by AI Conver

Felix Jedamzik
coneva GmbH
Germany

Battery storage systems are first and foremost a tool in the energy market. Unlike a hammer, they can be used in a variety of ways. In recent years, including at the ees Europe Conference, the use cases for storage have been discussed in detail. Whether battery storage turns out to be a successful tool depends on how it is used. In this session, we will show you how battery storage systems are being optimized, e.g. in virtual power plants, to maximize their return on investment and avoid negative consequences, such as accelerated aging.

Speaker

Nina Munzke
Team Leader System Control and Analysis
Karlsruhe Institute of Technology, Institute of Electrical Engineering
Germany

To Talk

Speaker

Dr. Fabian Knoch
Head of Platform & Flexibility Trading
Becquerel Institute
Belgium

To Talk

Speaker

Martin Daronnat
Head of Flexibility Germany
Engie
Spain

To Talk

Speaker

Wolfgang Ridinger
Principal Data Scientist
Entrix GmbH
Germany

To Talk

To Talk

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