Can battery energy storage systems generate revenue through grid services?

Many of our customers are using battery energy storage systems to generate revenue through providing grid services. Many of our customers use battery energy storage systems to generate revenue through grid services. But how easy is it and what does it all mean? Frazer Wagg, Head of Data Services at Connected Energy, explains

How does levistor energy storage work?

Its patented technology is based on a simple principle: raising and lowering a heavy weight to store energy. Levistor has developed a unique, low-cost flywheel energy storage system that they are using to boost the grid for ultra-rapid EV charging (350kW). Industrial Power Response develops energy storage systems for intensive applications.

Can a battery energy storage system help balance the grid?

“A battery energy storage system (BESS) can be used to help balance the grid, by storing and discharging energy when it’s needed, improving our energy resilience.

How does National Grid buy energy?

National Grid buys energy in large blocks, typically by the megawatt (MW). If your BESS provides less than 1MW, it can’t individually supply the grid. An aggregator is a way for several smaller assets in the same area to group together to sell grid balancing solutions.

How do energy aggregators work?

Energy aggregators work with a range of assets including large energy users who can shut off production (known as demand side response), generators to turn up or down their production, or batteries that can charge and discharge.