Managing utility-scale batteries in the energy transition

Against a backdrop of high gas prices and tighter margins in late-2021, prices for electricity and gas have soared to record highs in many markets across the world.
With the introduction of new frequency response and ancillary services in many markets, this has resulted in a significant commercial appetite for energy storage but making strategic decisions to ensure maximum return on investment for these assets has never been more complex.
In this webinar, experts from GridBeyond will explore:
- The role of batteries in the energy sector's transition to net zero
- Commercial perspectives around operating and optimizing battery storage assets
- Key considerations for securing financing for assets
- The importance of market forecasting, revenue stacking, dispatch optimization, and auction strategies in ensuring that battery storage assets achieve their full value potential

[@alexander8908]

Most of these simulation tools forecasting duration of up to 10-15 years and thus their calculation formula of R.o.I. to achieve Breakeven Point may most likely fall within that given window time frame (i.e. 10-15 years of simulated forecast). You will physically know (not virtually by metaverse) that you are staying ahead when you have assets life span of >30 years (eg. a row of 2MW wind turbines) and 3-6 acres of modular LDES with average service life span of 20-25 years → this would give ample of time to buy-back the invested LDES development project on the field itself. After all, Energy Sector program duration typically fall in the scale of decade/s life span in continuously generating real income for the long term.

[@catherinegilbert8312]

🌟 *Promosm*