Energy storage for the renewables industry
Transcription
Energy storage for the renewables industry
Energy storage for the renewables industry Understanding the challenges of energy storage Affinity Networkflow is the only operational revenue stacking and optimisation application in the UK. Energy storage systems (ESS) represent a real opportunity for the UK energy sector. The cost of large-scale batteries has fallen significantly, making the technology an increasingly attractive investment option. The primary challenge is no longer technological, but operational. Building the ESS is only the first step. Making sense of the complex processes required to deliver energy storage services is the key to running a profitable energy business. It involves: • • • • Commercial factors – capturing and interpreting energy market data, understanding the interactions between different wholesale & reserve market contracts, and how the ESS is performing against those contractual terms. Operational management – understanding the functional performance of the ESS, its operational capacity and how best to plan ahead the utilisation of that capacity. Financial management – reconciling invoices with network and performance data and accurately forecasting revenues. Network factors – understanding how much network capacity is available, what services can be provided to the DNO, and planning for when they are needed. It can be difficult to make the right decisions without expert knowledge of each of these aspects of the industry. The good news is that there is a solution to this problem. A dedicated management platform can give you the insight needed to make effective and dynamic high-level commercial and operational decisions. 2 AMT-SYBEX / Energy storage for the renewables industry Stacked revenue from stored energy There are many storage solutions on the market but revenue doesn’t come from stored energy, it is created by the efficient and intelligent management of that stored energy. A system that determines the amount of electricity required for your business, optimises the activities of your storage solution, maximising productivity, all while searching for the most profitable use of your additional storage capacity, is essential. AMT-SYBEX / Energy storage for the renewables What industry we can offer3 What does our energy storage solution offer? Networkflow FOSS - providing insight into your energy storage system Our Forecasting, Optimisation and Scheduling System (FOSS), part of our Networkflow product, fully exploits the potential of energy storage devices. It provides valuable at-a-glance insight into the operational, technical and business functions of your system, ensuring you benefit from: • • • Competitive advantage – making decisions better based on a holistic view of your energy storage system, increasing your flexibility to respond to dynamic market conditions and enabling diversification of ESS revenues. Increased return on investment – enabling multiple service operation, unlocking the true value of your energy storage systems. Using data to drive out operational cost savings. Enhanced visibility – immediate visibility of key performance indicators via access to automated reports and interactive dashboards. How does our optimisation solution work? FOSS maximises the potential of your energy storage system. It predicts energy needs in advance, monitors wholesale prices, identifies the best combinations of services and sets schedules to use your storage at the most cost effective times. AMT-SYBEX / Energy storage for the renewables industry FOSS protects your investments while being the best option for making energy storage a viable commercial proposition. It: By applying a sophisticated set of business rules and constraints to real-time market data, this approach presents a set of options that helps prioritise revenue streams quickly and easily. FOSS automatically determines: • • • • • • • • • Reduces the cost of operations by matching your supply to your demand Maximises income from energy imported and exported to and from the market Reduces the risk of energy storage ownership by diversifying revenue streams Protects from peak and imbalance charges Maximises income from Triad and DUOS optimisation Battery capacity available now and in the future Future demand using historical data and incoming weather forecasts Contractual requirements and the availability of your system to meet these An optimised schedule of commercial services based on the known capacity of your system The most cost effective charge and discharge strategy to meet this schedule Normalised set of operational parameters and triggers for battery operation based on contracts Re-optimisation based on schedule conflicts, new weather forecasts or updated network data What does our energy storage solution offer? FOSS provides a significant number of commercial benefits, by: • • • • 4 The operational benefits of optimised energy storage The operational benefits of optimised energy storage • • Increasing revenues from energy storage by up to 30% - by giving you access to the most profitable combination of services available Decreasing the cost of charge management by up to 100% - potentially seeing a full return on your Energy Storage investment within 3 years Reducing the risk of energy storage – by allowing you to choose between a range of different revenue streams, ensuring that even if the market shifts unexpectedly you always have a ‘Plan B’ AMT-SYBEX / Energy storage for the renewables industry 5 30% 100% Deploying FOSS increases Deploying FOSS decreases the revenues from energy storage cost of charge management by by 30% up to 100% Our proven solution - UKPN Smarter Network Storage Scheme We’re working with UK Power Networks on the Low Carbon Network funded Smarter Network Storage programme which is trialling how energy storage can be used to defer traditional network reinforcement and provide other services. The Smarter Network Storage project involves the installation and trial of a 6MW/10MWh energy storage device by UK Power Networks in Leighton Buzzard. Project aims The project has proven enabling multiple service operation of storage, for a range of different system benefits, helps maximise value e.g. investment deferral and ancillary services. As part of the project, and building on existing AMT-SYBEX product FOSS in operation • • • 6 Forecasting - Using weather and historical demand data, a detailed local energy forecast is developed. This identifies the requirements for local energy services– peak load management, DNO demand response services, generation optimisation and so on. Energy capacity is allocated to these services. Optimisation – FOSS then identifies the most profitable use for the remaining energy capacity, considering all available alternative markets and possible combinations of services and energy imports / exports. Scheduling – Once approved the identified services are sent to the Service Calendar, which AMT-SYBEX / Operational benefits to the renewables industry components, the team have helped develop a new system which accesses and optimises the commercial arrangements for shared use of energy storage within a constrained network. The solution Our Affinity Suite solution is delivering the optimisation and scheduling platform at the centre of UK Power Networks Smarter Network Storage programme. Selected as the brain behind the project, Affinity Networkflow optimises use of the storage and manages the intelligent exchange of information between UK Power Networks, the storage device control system and the wider market. Key Facts • generates a detailed schedule incorporating data on contract type, parameters and time periods Solution – This schedule is communicated to the energy management system, ensuring that the battery provides the right services at the right times. Additionally, FOSS’s in built data model (based on open smart grid energy industry standards) allows multiple assets to be aggregated together and operated in the context of a complex electricity network. FOSS in operation Our proven solution - UKPN Smarter Network Storage Scheme AMT-SYBEX / Operational benefits to the renewables industry 7 AMT-SYBEX AMT-SYBEX AMT-SYBEX The Spirella Building Bridge Road Letchworth Garden City Hertfordshire, SG6 4ET Tel +44 1462 476400 Fax +44 1462 476401 Oak House Leopardstown Office Park Foxrock, Dublin 18 Ireland Tel +353 1 295 8988 Fax +353 1 295 8990 Edgewater Office Park Edgewater Road Belfast, BT3 9JQ Northern Ireland Tel +44 28 9078 1616 Fax +44 28 9078 1717 Web www.amt-sybex.com Email marketing@amt-sybex.com