What are the three main revenue sources for Bess in Europe?

The three most important revenue sources for BESS in Europe are wholesale energy market arbitrage, ancillary services and long term capacity provision.

What auxiliary loads are needed for a Bess project?

Fire safety systems, such as fire alarms, control panels and gas ventilation systems (if present). These auxiliary loads are essential for ensuring the safe and efficient operation of BESS projects. Therefore, providing a reliable power supply for these auxiliary loads is crucial.

What are some examples of a Bess project?

For instance, Europe’s first commercial BESS development, Schwerin Battery Park, in Germany was able to restore power to a grid in the midst of an unexpected blackout. Moreover, Ørsted developed a BESS project, the Carnegie Road Battery Storage Project, in the UK with a storage capacity of 20 MW.

How can companies stay competitive in the Bess market?

Companies in the value chain—including system integrators, manufacturers of battery cells and solar panels, and utilities—will need to stay abreast of shifting supply and demand dynamics to stay competitive. As the industry expands, new opportunities are emerging in the commercial and industrial BESS market.

Do you need a sales professional for a Bess system?

In a McKinsey survey of customers, the majority of residential BESS customers stated that sales professionals are their primary source of information for BESS systems, and 85 percent of customers believe it is important to have a local sales professional.

Why is auxiliary power important in Bess project design & development?

As discussed above, auxiliary power is a vital consideration in BESS project design and development. While it is an important aspect, a comprehensive approach, such as the total cost of ownership method, should be used for BESS product evaluation and selection.