Battery energy storage systems (BESS) are a crucial source of flexibility, one of the cornerstones to operate an energy system largely based on renewables. The forecasted worldwide volumes of storage asset deployment in the coming years are massive.
However, with policies and markets changing, and technology developing, it will be challenging for developers, investors and operators tograsp the opportunity presented by BESS while effectively managing the economicand technological risks involved.
In this white paper, we stress the importance of accurate modelling, both from a business and technical perspective, to minimise risks and maximise the return on investment of BESS. Furthermore, the techno-economic digital twin can ensure continuity of modelling throughout the asset's lifecycle, which enhances the development, commissioning and operational efficiency.
Read about this topic by downloading our white paper entitled “Optimising hybrid projects with Digital Twin technology: a blueprintfor risk minimisation”.
For more advice and guidance, get in touch with us and benefit from 3E's expertise in advisory services and SynaptiQ SaaS platform for your storage assets.