1、2024 Energy Storage Summit-Rome Market Participation:A Case Study on Navigating Multi-Market Control&Optimisation Opportunities with Advanced Tools like KrakenLessons from GB Market and applying that to international markets Why do we need Energy Storage?Why do we need energy storage:it responds sub
2、-secondly and supports the buildout of renewablesThe energy system is changing because the generation mix is changing The energy system is changing because of the build out of intermittent generationInstalled renewable capacity(TW)Installed renewable capacity(TW)x4 Solarx4 WindInstalled renewable ca
3、pacity(TW)Voltage ControlInertia ControlFrequency ControlConstraint ManagementPredictabilityPrice Signalsx4 Solarx4 WindInstalled renewable capacity(TW)x4 Solarx4 Windx16 StorageVoltage ControlInertia ControlFrequency ControlConstraint ManagementPredictabilityPrice SignalsMarkets:GB,DEU,BEL,NED,POL,
4、ESP,FRA.Source:Emberx7Markets:GB,DEU,BEL,NED,POL,ESP,FRA.Source:Ember80%of negative prices0 MWImportExportMost solar energy is produced off peak where prices are lowestBESS allows clean energy to be shifted to the evening peakBESS allows clean energy to be shifted to the evening peakMost solar energ
5、y is produced off peak where prices are lowestLessons from GB Market:What does that mean for international marketsAs battery expansion grows,technology&skills need to stay ahead of the game Energy Arbitrage for a single BESS asset Automated orchestration for all stackable servicesTransparency of dec
6、ision making of portfolio of mixed assets with minimal downtimeBalancing and trading with multiple stackable ancillary services,across multiple asset classes with minimal downtime Required Product Capability Market Sophistication As Markets mature,demands change:Can you control&optimise our single B