Trading flexibility in wholesale markets - Modo: The Podcast (ep. 52: Enspired)

In Great Britain (and elsewhere), ancillary services have so far dominated the revenue stack for battery energy storage assets. But that’s changing! For flexible assets facing saturation in these services, being able to successfully trade in wholesale markets is more important than ever before - and that requires a very different optimization skillset.
In today’s episode, Quentin is joined by Jürgen Mayerhofer (CEO & Co-founder at Enspired). Over the course of the conversation, they discuss:
The battery energy storage world’s inevitable transition from providing ancillary services into wholesale trading.
How the market often responds quicker to the need for flexibility than system operators do.
The difference between attempting to provide ancillary services in multiple geographies (spoiler: it’s a nightmare), and trading (spoiler: it’s smoother).
Why software platforms are the future of power trading.
And, of course, where Enspired fits into all of this.
Enspired is helping to drive the energy transition by enabling its clients to bring flexible assets to European power spot markets and capture their full value using AI-based trading services.
Find out more: platform.modo....

[@Ben-zq6hg]

What a great conversation. Loved the thoughtful questions.

[@peterslvsten8425]

Anyone seeing this, please have a look at the Danish company Hybrid Greentech.