RP Global’s Post

📣 Exciting News! We are thrilled to announce that our agenda for the inaugural Battery Asset Management Summit Europe is now live on our website! With Europe adding over 9GW of energy storage in 2023, a staggering 321% increase from 2022, the momentum is unstoppable. By 2030, Europe is expected to have a total capacity of 165GW, with 10GW projected to be added in 2024 alone. Our summit will address the critical question: "How to maximize your assets?" Our agenda focuses on three core themes: Revenue & Trading: Unlocking the value of your assets. Lifecycle of the Battery: Enhancing performance and longevity. Optimization Tools: Leveraging the latest in software and analytics. Expect innovative formats such as a ‘Crash Course in Battery Asset Management’, Ask-Me-Anything sessions with market experts, and market-focused roundtables. 📅 Save the Date: December 3-4, 2024 📍 Location: Rome, Italy 🔊Check out our Agenda -->> https://lnkd.in/emeRsy5m 📥 Download our Partnership Prospectus -->> https://lnkd.in/es89-jet 🔗 Learn More and Register Today -->> https://lnkd.in/e2WDBWQf #BatteryManagement #EnergyStorage #BAMEurope2024

We are heading to the inaugural Battery Asset Management Summit in San Diego from November 12-13 🔋 ⚡ Excited to connect with others leading the charge in #energystorage - and collaborate to ensure that batteries deliver strong, sustainable returns for operators as they support reliable grid decarbonization. If you’ll be in town… 📈 Catch Tom Thunell speaking on the keynote panel “Revenue and Trading: Unlocking the Value of Your Asset.” He’ll be sharing actionable strategy tips, and real examples of how operators have been able to maximize revenue, without taking undue risk. (More details on the panel: http://bit.ly/4hhpYL4) 👋 Reach out! Tom Thunell and Darcy Monaghan will be on-site and are eager to connect with folks thinking through their operating approach. Whether you’re working through an initial operating strategy, looking to automate responsive / data-intensive tasks, or you’re just curious to talk about operating nuances, we’d love to chat! #StorageSummit #BatteryStorage #RenewableEnergy #BAMSUSA

Juan Gutierrez, CEO Global Services, recently spoke with João Montenegro from leading business publication BNamericas about our growing services business across Latin America. With a strong portfolio spanning Brazil, Chile, and Mexico, we’re focused on expanding our operations and maintenance (O&M) services by targeting existing projects, and building our asset management capabilities to drive value for our clients. To do this we also recently appointed our new Regional Director, Renato Rafael Machado dos Santos. Key highlights from the interview include: ✅ Latin America’s renewable energy sector is growing apace, and RES is at the forefront with expertise and innovative digital solutions. ✅ Brazil, Chile, and Mexico offer immense potential, particularly in wind and solar services. ✅ Our ambitious goal: to double the size of our LatAm business within 3–5 years. Learn more about our vision for the region in the interview: https://lnkd.in/e257wu-d #RenewableEnergy #Sustainability #RESLatAm #EnergyTransition #OM #AssetManagement

'In diversifying suppliers, does it not become unwieldy to manage a big portfolio during operations if you have a very diverse set of BESS suppliers to manage?' 🔋 This was one of the most popular questions from the audience to the panelists of the Battery Asset Management Summit Series in Rome last week. Experienced asset managers diversify suppliers to reduce risk. Karin Lindberg Salevid highlighted the benefits of being able to identify the best-performing suppliers and challenge the others to achieve the highest operational efficiency. In utility-scale BESS management, this principle applies to battery suppliers, market optimizers, maintenance partners, and more. This creates additional effort for operators because each supplier often has its own monitoring interface, reporting tools, and hardware to collect data. This is why keeping your asset management software separate from the suppliers is important to avoid vendor lock-in. Ideally, you should be able to collect data from all your partners into one interface to compare their performance and reduce friction in operation. My colleague Hedy Mahmoudi will discuss this in more detail during a webinar we are organizing this Wednesday. Check out the link in the comment! Thanks to all the panelists for an interesting discussion and to organizers for a great event! Pauline Barker Jamie Vernon Mihaela Popescu Karin Lindberg Salevid Energy Storage Leon Gosh David Vadillo #bess #assetmanagement #energystorage #besssoftware

Congratulations to our client, CO2 Energy Transition Corp., on closing their $69 million IPO, including the full exercise of the over-allotment option!   We are delighted to celebrate this significant milestone in their journey. CO2 Energy Transition Corp., a Delaware-based SPAC, is targeting opportunities in the carbon capture, utilization, and storage industry, a crucial sector for advancing sustainable solutions in today’s economy.   The offering includes 6,000,000 units at $10.00 per unit, plus an additional 900,000 units from the full over-allotment option. Each unit comprises one share of common stock, one redeemable warrant (exercisable at $11.50 per share), and one right entitling holders to one-eighth of a share upon a successful business combination. Trading began on Nasdaq under the ticker symbol “NOEMU”, with securities expected to trade under “NOEM”, “NOEMW”, and “NOEMR” once separated.   Congrats to CEO Brady Rodgers and the entire CO2 team.   It was also a pleasure working with Kingswood Capital Partners LLC, acting as sole underwriter of this offering.   https://lnkd.in/ge8RTHnF   #IPO #SPAC #CarbonCapture #Nasdaq #SustainableSolutions #CO2EnergyTransitionCorp #ChristyAlbeck #CapitalMarkets #Congratulations Christy Albeck Calabrese Consulting LLC

Last week, Antonios Kouzelis, New Business Development Manager at PowerField, spoke on a panel at the Battery Asset Management Summit Series Europe in Rome. The panel discussed revenue and trading strategies for battery energy storage assets. Three key take-aways from the session: 🔋📈 Trading as a Service (TaaS): Operators with established trading setups, such as PowerField, are offering TaaS to other battery developers. These benchmark-based agreements could enable developers to leverage existing market access, trading optimizers, and operational experience of active battery operators. This reduces barriers to entry and accelerates battery development. 💰📑 Tolling agreements can be structured with a fixed monthly fee, a revenue/profit-based fee, or a hybrid of both. An included fixed fee could be valuable for new developers as it ensures predictable cash flows, making it easier to raise funds for new battery projects. 🛠️📊 Optimizers could be benchmarked using digital twins. Instead of relying on historical backtesting, PowerField used a digital twin that trades using live market data to allow for objective, performance-based benchmarking of optimizers. This can help operators identify the best-performing optimizer partners. It was a great opportunity to share insights and discuss the future of battery asset management. Thanks to the panelists Emilio Marsilii, Maayan As, and Francisco Luis Quintero Berganza, to Riccardo Siliprandi for moderating, and to the organizers for having us! #BatteryStorage #EnergyMarkets #TradingAsAService #RenewableEnergy #CleanEnergy #EnergyConference #BatteryDevelopment

The San Diego event in Battery Asset Management Summit Series was a big hit and it was my pleasure to be one the speakers. I realized that while I've spoken at many conferences over the years, including battery conferences, this was the first time I actually spoke about batteries as someone in the battery industry. My subject was Investment Strategy: Merchant vs Hedges, which was an easy topic for me as part of the Plus Power team that lives that subject daily. #batteries #batteryenergystorage #energystorage

Explore the evolving landscape of the utilities sector and uncover the emerging opportunities that are transforming the industry. From renewable energy advancements to smart technologies, this video delves into the key trends and innovations driving growth and investment potential in the utilities market. http://spr.ly/6005gpkTd

Stay on top of the shifting energy sector landscape. Gain insight into emerging trends amidst consolidation and renewables. Explore PitchBook’s data on the sector's state of M&A, private equity and venture capital. Learn how corporates and fund managers are navigating a dynamic energy sector. 💡https://okt.to/EedynG

Explore the evolving landscape of the utilities sector and uncover the emerging opportunities that are transforming the industry. From renewable energy advancements to smart technologies, this video delves into the key trends and innovations driving growth and investment potential in the utilities market. http://spr.ly/6005gpkTd