US developer sceptical of ‘black box’ BESS optimisation
Written by Black Hot Fire Network on April 24, 2023
The demand for optimisation of battery storage is set to grow substantially in the coming years. Image: CC.
US battery storage developer and long-term management firm Spearmint Energy is “a little bit distrustful” of the “black box” of optimisation, its head of trading told Energy-Storage.news.
Battery storage projects are increasingly set to move away from solely providing contracted ancillary services – the bulk of revenues in most markets outside California – and towards energy trading, capacity markets and other revenue streams.
This is largely down to a saturation of those ancillary service . . .