Centrica Energy’s Post

The straight forward and golden oppotunities for #BESS in the nordics are gone. Asset owners need an optimiser that can do quality muliti market optimisation. Reach out to Frank ten Voorde or me if you want to know what Centrica Energy can offer, in the space of #BESS optimisation.

🔍 Where Next? Finding Ways to Get Ahead in GB’s BESS Market 🔋 There is still time to register for the Aurora Battery Conference 2024! Join industry leaders as they explore key topics within the European energy storage landscape including the opportunities and risks associated with investing in #BatteryStorage in the GB market today. 📆 Date: Tuesday 12 November 📍 Location: London Register here: https://lnkd.in/eQ6SR8P6 🎤 Hear from William Stephenson, Senior Associate and GB Flexible Energy Lead at Aurora as he aims to answer the following key questions in his panel: 🔹 Is the GB BESS market ‘saturated,’ and how should investment and asset ownership strategies evolve in response? 🔹Where can new projects find the most value in the GB market, and how will they differentiate themselves from those that don't deliver? 🔹How can capital be effectively deployed in the sector to secure attractive, sustainable returns? Our distinguished panellists include: - Annie Ropar, CFO, UKIB (National Wealth Fund) - Fabrizio Fenu, Head of Business Development, EDF (UK) - Magdalena Markiewicz, CFO, Eelpower In partnership with: Clarke Energy; EDF Wholesale Market Services #AuroraBatteryConference #EnergyStorage #EnergyFinance

We’re pleased to announce the Resi-Flex partnership between Orion and Wellington Electricity (we*) has entered the trial phase. The aim of this phase is to explore residential demand-side flexibility and encourage changes in electricity use, while evaluating how effectively these changes mitigate local network constraints to ensure optimised investment. Octopus Energy was the first partner selected by Orion and we*, with a trial set to begin shortly which will leverage Octopus’ Saving Sessions to offer network region-specific savings. Octopus’ Saving Sessions to offer network region-specific savings. Additional Resi-Flex partners will be announced as the project and co-design progresses. https://lnkd.in/gTWTV9tZ

This week, we had the incredible opportunity to join a dynamic panel from the BESS space at the inspiratia Energy Storage Summit in London, UK. 🎤 Alastair Barnett, Head of Short Term Trading shared some key takeaways from the discussion: 🔋 Market Dynamics & Realities: The Russo-Ukrainian War has shaken up the energy sector, with spiking gas prices and rising electricity costs. This has created a challenging yet intriguing landscape for battery energy storage systems (BESS) and their players. 📈 Economic Context: The return of demand, fuelled by economic recovery, combined with geopolitical tensions, has set the stage for a volatile yet potentially rewarding market. Expectations were initially high at the start of this year, but the reality of power market fundamentals and battery capabilities is setting in. 💡 Battery Market Insights: Within day market spreads are linked to the generation mix at any one time. Traditional generation remains crucial to meet peak demand. As we continue to decarbonise our generation, there is an expectation that batteries will play a critical role displacing gas generation. The level of returns will depend on the generation mix and so will be heavily linked to the weather. 💬 Shifts in Revenue Generation: With ancillary services reaching saturation, the focus is shifting towards trading. As Ali highlighted, the key to success lies in understanding opportunities and pricing dynamics to deliver maximum value. 🔍 EDF’s Strategy: At EDF, we’re poised to explore every opportunity to maximise asset owner revenue. Our Wholesale Market Services expert team, including our very own Alastair Barnett, Head of Short Term Trading, leverages detailed strategies and market expertise to ensure we’re ready from day one. Huge thanks to the fellow panellists: Roberto Castiglioni, CEO, Ikigai Capital Chris Matson, Partner, LCP Delta Louise Shaw, Partner, Energy & Infrastructure Corporate Finance The future is bright for BESS, and we’re excited to be at the forefront of this evolving landscape. Stay tuned for more insights and innovations! 🌟 #Energy #BESS #BatteryStorage #Renewables #EDF #EnergyPanel #MarketDynamics #Sustainability #Innovation #EnergyEfficiency #FutureOfEnergy 📷 = Inspiratia

In the last session we co-located our GB Flex Lead, William Stephenson, with an optimised panel of: - Peter Clifton, Director, National Wealth Fund - Fabrizio Fenu, Head of Business Development, EDF (UK) - Magdalena Markiewicz, CFO, Eelpower - Rebecca Beresford, Director of Markets, National Energy System Operator The panel dived into: ✔️ The recent trends in battery storages markets in GB, including the emergence of two tolling agreements agreed earlier this year ✔️ The new role of the NESO in the GB power system, and its current work focused on the grid connection queue and reducing battery balancing mechanism skip rates ✔️ The likelihood of reaching the 20+ GW of battery storage by 2030 outlined in NESO’s recent Clean Power 2030 report, and the impact this could have on future asset returns #AuroraBatteryConference #EnergyStorage #batteries #EnergyTransition #energy #markets

Great to be on the panel with Rebecca Beresford, Magdalena Markiewicz and Peter Clifton hosted by William Stephenson at the Aurora Energy Research conference yesterday. We tackled many investor pain points and discussed how the Route to Market role has evolved over the years. As revenue markets advance, adapting to this shift has required significant investments in both technology and talent—and this trajectory shows no signs of slowing, especially with Quick Reserve, Inertia, Reactive Power and new revenue streams on the horizon. Our main takeaway? Investors and owners are calling for clarity —especially when it comes to regulation and the connection queue. This will be critical for building confidence and paving the way for the energy transition. #energytransition #batterystorage #energystorage #netzero #cleanpower2030

We hear from Modo Energy about that latest with BESS revenues in the ERCOT, Texas market, including how numerous trends are making optimising projects increasingly complex. #energystorage

Join the discussion on #EnergyFlexibility with the Utility Week #FlexibilityForum. The new market facilitator can learn from other sectors and territories to drive GB energy market success. Read the latest insights https://bit.ly/4cr7epw Stay tuned for more updates as we continue to lead the demand-side flexibility discussion. #CGIUK #ExperienceCGI #Utilities

Nice to see my colleague Anders Kring Jensen represent Danske Commodities on the cover of Danish business daily Børsen! As one of Europe’s leading power traders, it is our view that renewable energy must be affordable, but also reliable. In Denmark alone, negative hourly prices have been registered 214 times this year, with an influx of solar-generated power production being one of the main drivers. Negative power prices are not sustainable long-term, neither for the consumers nor the energy system. Like Anders says, if you go to the supermarket and get all the goods at negative prices, then that’s great that day – but there probably won’t be a supermarket the next day. Enter flexibility and large-scale energy storage. Solutions like industrial boilers for district heating, batteries and Power-to-X can help absorb the surplus power and contribute to stable and affordable energy. And that is why we are investing heavily in managing renewables and flexible energy generation in close collaboration with the energy producers we support across Europe. Check out the article here: https://lnkd.in/dzCbrjmx #energytrading #danskecommodities 

Battery Energy Storage Systems (BESS) have a key role to play. A significant BESS capacity has to come online, attracting significant investment appetite, and providing flexibility in the system. The value of any project is the result of technical, economic, regulatory and market factors and changes as the energy transition progresses. In this article we map the key shaping dynamics for the sector across the EU. #RaboResearch https://lnkd.in/eQPX3FBF