Eddie Rogers
Managing Director – CEBN ZERO
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Finding the proper battery energy storage system route-to-market is increasingly complex. Choosing the right partner can help you navigate the daunting array of revenue options and maximise value from your battery investment and yield the best return on investment for your business.
The business case for investing in battery energy storage systems (BESS) has never been stronger and more relevant. Rapid growth of renewable energy and integrating it with the grid is increasing pressure on grid networks as they struggle to balance grid supply with consumer demand, therefore indicating that this is quite the lucrative market for investors and commercial business looking for a piece of the pie. There is a major shortfall of flexibility to provide grid balancing and keep pace with the rising volume of renewable energy on the grid. The development of lower-cost, longer-life and more reliable battery technologies is opening up the opportunities of energy storage to an increasing number of organisations. And volatile trading markets are boosting revenue potential.
BESS solutions unlock a range of benefits, which is why the technology is being rapidly adopted across multiple energy sectors and is becoming increasingly attractive to energy investors and developers across the country. Flexibility and charging/discharging capabilities uniquely place this technology for providing and profiting from grid support services and energy markets, and at the same time contributing towards improving sustainability and decarbonisation efforts, here are some of the more common incentives associated with battery storage when you link this to a renewable and sustainable solutions such as solar and EV charging hubs.
Battery storage solutions provide fast, reliable, and zero-emissions power at minimal cost.
Batteries can instantly be turned off and on and quickly change the power output as required, with no carbon emissions. This makes battery energy storage a source of unique flexibility for providing grid support services, contributing towards the cost-effective integration of renewable energy with the grid, improving efficiency and return on investment sooner for solar investors.
Battery storage solutions generate new revenue streams.
Battery flexibility can be monetised via commercialising battery storage in energy and grid support markets. The super-fast response time, high flexibility and capability of generating and consuming electricity give battery storage solutions a competitive advantage over other solutions – such as flexible load, diesel generators, etc. The added benefit if the ROI cycle, most batteries have a 10 to 15 year lifespan, add in additional operational maintenance and your batteries will self sufficiently generate you revenue.
Battery storage improves sustainability, reducing your Carbon Footprint
Batteries are expected to be pivotal in supporting the transition to a net zero energy grid while providing grid stability. Battery storage solutions increase the utilisation of intermittent generation. This not only contributes towards the decarbonisation of the grid but to the cost-effective integration of a larger share of renewable energy onto the grid reducing national Carbon production.
Opportunity for investors and developers
These factors are creating a window of opportunity for energy investors and developers to monetise battery storage assets in energy and grid support markets – for a low-risk, sustainable investment. Energy investors and developers now have the opportunity to fully exploit faster response revenue stream opportunities across ancillary services, wholesale and balancing markets while mitigating risk.
But while the value and number of route-to-market opportunities are growing, so are the options and complexity.
Optimisation of battery storage solutions is increasingly complicated, but it doesn’t have to be. This can easily be addressed by choosing the right partner with proven capabilities and market expertise to navigate the daunting array of revenue options. CRBN ZERO can simplify the process for you and ensure you receive maximum benefits from your investment. Selecting the wrong partner – or attempting this specialist task yourself – can prove costly, risky, and very time-intensive.
It may not maximise value from your battery investment, and you could be left with a hole in your pocket.
Maximise ROI by choosing the right partner.
To maximise value from your battery storage assets, it’s important to seek an optimisation specialist with a proven track record and experience with monetising battery storage solutions, including expert planning and execution capabilities.
CRBN ZERO works with a team of over 100 expert engineers experienced in renewable energy installation, our primary focus is to ensure your solar array benefits from a battery storage solution that truly optimises your ROI, from functionality, connectivity, design and commissioning, our expert team understand what is required. To Optimise a solution requires a detailed eye and consistent analysis of your current solution to determine battery value too big or too small a solution and you draw the wrong card from the deck.
Contact our expert team who will assess and determine your requirements.