Recording of Wednesday, June 19, 2024 | The smarter E Europe 2024 | Conference Program | Language: English | Duration: 22:54 .
The discussion revolves around the challenges and methods of managing behind-the-meter storage projects, with a focus on peak shaving. A representative from Germany highlights the stringent power tariffs in their country, which penalize missing peak shaving targets over extended periods. Questions are raised about how such risks are managed for clients, emphasizing that forecasts inherently carry uncertainties leading to potential missed peaks. The response underscores the variability in consumption patterns across different customer profiles (e.g., those operating two or three shifts), suggesting risk minimization strategies like timing trading activities during off-peak production hours to mitigate revenue loss. However, it's noted that guarantees can't be provided due to inherent forecast inaccuracies. Further questions explore whether companies like coneva engage in market optimizations using battery flexibility akin to another discussed entity's operations involving day-ahead and intraday markets. It's confirmed they do partake similarly but always prioritize technical constraints and residual energy demands of customers over market trades. Finally, baselining issues related to secondary control provisions are briefly touched upon without detailed elaboration on supported methods within co-located situations.
Automated summarization by AI Conver
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
Speaker
Felix Jedamzik
coneva GmbH
Germany
Speaker
Dr. Fabian Knoch
Head of Platform & Flexibility Trading
Becquerel Institute
Belgium
Speaker
Martin Daronnat
Head of Flexibility Germany
Engie
Spain
Speaker
Wolfgang Ridinger
Principal Data Scientist
Entrix GmbH
Germany