Alex Kueppers

If you're wondering how much your battery storage system could have earned last month, we at suena have the answer. From now on we compare monthly, how different trading strategies for battery storage systems perform. Here are the results for May - with a clear favourite: a multi-market approach that combines all relevant wholesale markets with ancillary services. 🔋

15

nTop CEO Bradley Rothenberg will join Markus Lempke of Siemens Energy for a talk at CDFAM - Computational Design Symposium in Berlin on May 7. They will discuss: - The technology shifts required to meet the ever-growing demand for energy and the push to reach Carbon Net Zero. - Examples of how Siemens Energy uses implicit modeling and computational design to help address these challenges. - A glimpse into nTop computational models and how other customers are using implicit modeling to solve advanced design challenges. - New features that will further accelerate the adoption of computational design in energy applications and beyond. Check out this recent interview to hear the two share highlights from the upcoming talk, and to register to attend: https://lnkd.in/exeDXdfe #nTop #AdditiveManufacturing #3DPrinting #CAD #Engineering #ComputationalDesign #EngineeringInnovation #ProductDesign #CDFAM

63

New article in Deutscher Mittelstands-Bund (DMB) e.V. 🏭 In this insightful piece, our Deputy Head of Sales, Ralph Stemper, discusses why modernizing the grid is crucial for effectively using renewable energy. With high energy costs, the German Mittelstand faces challenges, especially with limited grid capacities for solar power. ⚡ Key points include: 1. Current Grid Limitations 👉 Outdated infrastructure can't handle increasing solar energy production. 2. Challenges for Solar Projects 👉 Many solar installations can't connect to the grid due to local infrastructure and high transformer station costs. 3. Decentralized Energy Supply 👉 Decentralization is needed but requires significant adjustments. 4. Long-term Benefits 👉 Enhancing the grid will make renewable energy more accessible and cost-effective for SMEs. Curious to learn more? 🌱 👉 Read the full article here (DE): https://lnkd.in/eGMcZxhh #renewableenergy #energyefficiency #solar #deutschermittelstand #gridmodernization

23

💸 According to Bloomberg NEF, global investments in power grids are projected to reach $21.4 trillion by 2050. ​ In Germany, 450 MW of Grid Booster projects are currently being deployed by TSOs, including two 100 MW projects by TenneT. They will improve grid efficiency, reduce redispatch costs, and support Germany's energy transition.​ ​Don't miss free webinar hosted by Siemens on April 25 at 4 p.m. CEST/10 a.m. EST to learn all about storage-as-transmission-assets (SATA)! It will feature experts Kiran Kumaraswamy, Chief Technology Officer at BrightNight, Sebastian Pfaller, Lead Substation - Asset Management at TenneT, and Lars Stephan, Senior Manager Policy and Market Development at Fluence.​ ​ What will they cover? ​ ​ ⚡ How Grid Boosters can act as innovative solutions to optimize power grids. ​ 🌍 How SATA is growing rapidly to support TSOs globally. ​ Can't make it at the scheduled time? Register to get the recording sent to you! Webinar Registration: https://bit.ly/4cRYQjE Learn more about SATA: https://bit.ly/3RJyCI5 #energystorage #batteries #webinarinsights

107

Solarvest Appoints Daniel Ruppert As Chief Investment Officer To Drive Investment Strategies. Tap the link to read the full story: https://lnkd.in/enMWGng8 #CEO #Solarvest #Executive #DanielRuppert #DavisChongChun #LeadersandExecutives #TrendNewsandUpdates #AudienceandReaders #TheExchangeAsia

5

The clean energy arm of German energy group RWE AG (ETR:RWE) has acquired 599 MW of #solar ☀ and #energystorage 🔋 development projects in three #US states, further expanding its footprint across the country. The portfolio was purchased from greenfield renewables development platform Galehead Development LLC, the buyer said on Monday without providing financial details about the deal. The bundle of newly-acquired projects includes two development-stage schemes within utility PacifiCorp’s operating territory in the Pacific Northwest and a mid-stage development project in northeastern New York. The 300-MW Cedar Ridge park will be installed in Idaho’s Blaine County and will be coupled with 150 MW/600 MWh of battery storage capacity, while the Champlain project will add 100 MW of solar in New York’s Washington County to help meet growing power demand in the NYISO market. Separately, a 199-MW/796-MWh standalone battery energy storage system (BESS) is to be installed in Marion County, Oregon. With the acquisition, RWE Clean Energy will be able to grow into the Pacific Northwest markets and enhance its foothold in New York. Presently, RWE has 36 GW of wind, solar and battery storage projects in its US development pipeline. The group aims to expand its installed renewables fleet from the current 9 GW to over 19 GW by 2030. https://lnkd.in/d_wFAzn6

4

Orus Energy Secures €2.2 Million to Revolutionize Power Grids with Energy Flexibility Software Orus Energy, a pioneering energy flexibility platform, has successfully raised €2.2 million in a pre-seed funding round dedicated to the decarbonization of power grids. The company utilizes advanced machine learning techniques to forecast and regulate energy consumption within buildings, optimizing usage during eco-friendly off-peak periods. This innovative approach not only cuts down on expenses, but also furnishes the grid with crucial flexibility. The primary investors for this funding endeavor were b2venture, Asterion Ventures, Ring Capital, in addition to prominent industry figureheads such as Pierre Trémolières and Myriam Maestroni. Orus Energy's cutting-edge software operates by regarding buildings as "thermal batteries," empowering them to shift up to 6 gigawatts of power demand in France by the year 2030. This methodology aids in stabilizing the grid, which is grappling with the mounting strain imposed by renewable energy sources and electrified devices, including electric vehicles and heat pumps. The platform interfaces with control systems to manage power demand without compromising the comfort of occupants, offering clients the potential to save up to 10% on their electricity bills. # Thank you Luisa Rodriguez for your submission!

1

As the Investment Manager of the internationally diversified Gore Street Energy Storage Fund (LSE: GSF), we have been operating #energystorage assets in the #US since March 2022 when we entered the ERCOT market in Texas, before later completing a transaction in California in early 2023. These acquisitions by the fund followed years of preliminary work driven by the fact that the US has been undergoing a boom in #renewables deployment for several years. Since August 2022 this market appeal has been reinforced by the #InflationReductionAct which continues to deliver #investment tax credits for standalone energy storage and other #renewableenergy solutions. This has led to incredible deployment of new wind and solar generation, as well as the energy storage systems that play a crucial role integrating this clean power. Despite its successes, the future of the legislation has become uncertain as we get closer to November’s presidential #election and a potential second term for former President Donald Trump. A return to a Republican administration would signal a shift in US energy #policy and has the potential to impact the work being done under the Inflation Reduction Act. In our latest blog, we take a look at what the Inflation Reduction Act has done so far, how a new Trump Presidency may seek to change its course, and why any action could face opposition from red states that have received considerable investment under the legislation. While we do not expect existing investments to be affected by any shift in direction, the key takeaway remains that the US is expected to continue to be a key market for renewable energy solutions like energy storage, no matter who is in the White House. The fundamentals of renewables deployment, diminishing thermal generation, falling technology costs and societal demand for #decarbonisation will continue to drive the #energytransition well into the future. We are confident that the enduring nature of this transition and the economic forces driving investment into clean power will continue. You can read our full blog here: https://lnkd.in/eR3V-V2s

19

1 Kommentar

🚀 Another great coverage by Oliver Gordon, this time in Yahoo Finance, highlighting our latest report on long-duration energy storage! Check it out here: https://lnkd.in/ep7mkPRY? Have you checked out our other reports? You can find them all in the comments section below!

16

7 Kommentare

Have you heard? 👋 Oranienburg's recent power challenges highlight a nationwide issue: grid constraints obstructing renewable energy projects. Unfortunately, this is not an isolated case. ⚡ While ENVIRIA pioneers large-scale solar solutions for businesses, grid connections remain a major obstacle. From lacking transformers to distant substations with available capacity, these hurdles impede the utilization of suitable C&I rooftops across the country. 🌱 In the new article by Edison - Media, you can discover how ENVIRIA is navigating these challenges and revolutionizing the solar landscape for commercial and industrial rooftops. 🚀 Read the full German article here: https://lnkd.in/evzbQgZY #netzanschluss #solar #photovoltaik #energiewende #nachhaltigkeit

60

What does the future hold for the energy trading markets? And how do you navigate the transformation needed to cope with the demands and the requirements ahead of you? Throwback to Energy Trading Week when these questions were addressed by Digiterre's Rajesh Jethwa, Andreas Ewert from EnBW and Remo Crescenti in their presentation 'Mastering the Energy Market of the Future - an EnBW Roadmap.' A full investigation of the why, how, and what offers practical lessons and learnings from this process. Watch here: https://lnkd.in/djpDHauW #DataEngineering #EnergyTradingWeek #SoftwareSolutions

27

For PPA counterparties, understanding balancing costs and the different ways they can be distributed is critically important. Our latest blog post from LevelTen Director of European Energy Analytics Plácido Ostos Nieto clarifies the main options for how balancing costs can be addressed in PPA contracts. Give it a read at the link below! #PPA #windPPA #solarPPA #renewableenergy #cleanenergy

29

🎬 🎥 New #AustrianStockTalk on air: Deputy CEO/CFO Peter F. Kollmann shares insights into VERBUND AG, talks about recent facts & figures and the company’s increase of investments into #grid, #hydro and new #renewables. Compact information for investors and those interested in the stock market.   #stockmarket #investment #energy #missionv #energytransition

46

In the latest #AustrianStockTalk with Wiener Boerse, CFO Peter F. Kollmann provides an overview of recent facts & figures, as well as the increase of investments by VERBUND. #verbund #stockmarket #byourownpower

10

During the White House Summit on Modernizing the Power Grid, Stephan Heberer, Ampacimon CEO, shared his thoughts on the urgent need for grid-enhancing technologies to speed the nation's shift to renewables. DLR sensors, software, and advanced cables are expected to provide additional grid capacity, helping utilities manage surges and connect more wind and solar to meet surges in demand from artificial intelligence-fused data centers and new U.S. factories, EVs, and more consumer demand. Read the whole story in this recent E&E Politico editorial piece: https://lnkd.in/dihj-DN9 Learn more about Ampacimon DLR https://lnkd.in/d-Z9yKaa #FutureGrid #DLR #GETs #GridEfficiency #GridSafety #GridInnovation #DynamicGrid #RenewableFuture

8

Congratulations are in order for portfolio company tado° and CEO Dr. Philip Beckmann, for becoming Germany's newest energy provider 🎉 It's both an exciting next step and a natural progression for the company, which has been the leader in intelligent home climate management since its founding in 2011. So what makes this so exciting? The tado° Hourly Tariff is powered by aWATTar, a wholly owned subsidiary that buys electricity from renewable sources via the European Electricity Exchange every hour. Working in tandem with your smart meter—and other smart electrical appliances like EV chargers and heat pumps—tado° can then pass on savings from periods where energy prices are lower. In fact, as the tariff is based on wholesale energy prices, customers will benefit from the hundreds of hours each year when wind and solar energy prices are actually negative due to a surplus on the grid. We're excited to see the company continuing to develop, while maintaining a commitment to energy usage reduction, renewable energy sources and energy cost savings at its heart. For more on the Hourly Tariff, click here 👉 https://lnkd.in/e7cDdt2B #EnergyTransition #GreenEnergy #RenewableEnergy

22

2 Kommentare

In our EIC Energy Market Recap for May, we highlight key events impacting gas prices. Why stop at a monthly recap? Our EIC Market Intelligence services deliver real-time insights and forecasts, giving you a competitive edge. Partnering with EIC grants you: - Real-time market updates - Predictive insights - Expert analysis Stay ahead in the energy market. To learn more about how EIC Market Intelligence can empower your business, contact us. #eicpartnership #energy #energyconsultants #energymanagement #energyprocurement #greenenergy #sustainability #sustainableenergy

7

We're excited to highlight Dr. Matthias Klapper, Senior Contract Analyst for Vattenfall in Germany, as a distinguished speaker at our upcoming Power Price Forecasting Summit in Barcelona, Spain, this June 11-12th, 2024. Dr. Klapper brings to the table a wealth of knowledge in energy contract analytics and a deep understanding of the energy sector's regulatory frameworks. His work has significantly contributed to Vattenfall’s success in electricity and heat production across Europe. His presentation, "Long-term PPA Valuation and Structuring," will explore: • How policy and regulations impact long-term PPAs, offering insight into navigating these complexities. • The most effective valuation methods and models for PPAs, ensuring attendees have the tools needed for accurate and comprehensive valuation. • Approaches to contract structuring and flexibility, highlighting the need for adaptability in today's dynamic market environment. This session promises to provide valuable perspectives on long-term PPA strategies, from understanding regulatory influences to applying sophisticated valuation models and structuring flexible contracts. Dr. Klapper's expertise will benefit those involved in energy procurement, policy, and contract management, delivering crucial insights for navigating the evolving energy landscape. Don't miss this opportunity to learn from Dr. Klapper and connect with industry peers at the Power Price Forecasting Summit. #PowerPriceForecasting #PPAValuation #EnergyContracts #Vattenfall #FutureBridge #EnergySummit2024

41