ABOUT THIS COURSE
Batteries are going to play an increasingly important role in the energy grid.
An increasing number of developers are looking to add battery storage systems
(BESS) into their existing projects. However future cash flows are highly
uncertain and they are often unsure exactly how battery technology can be
monetised. A strong revenue model requires stacking of different revenue
sources.
As the share of variable renewable sources in electricity systems further
increase, battery systems are expected to play a growing role by providing
frequency control and operational reserves as well as for wholesale arbitrage,
while helping reduce grid integration costs. The more volatile electricity
prices are, the greater the earning potential of batteries trading electricity
on various electricity markets.
BESS can generate revenue streams in several different ways; through a frequency
response contract with the TSO, by providing grid services in other ways or by
arbitrage through buying cheap power and selling power for a higher price in a
liquid wholesale market.
Because batteries are efficient, the round trip efficiency is also high. They
can spread arbitrage trading much better than other storage types and in many
cases, other asset classes.
For companies that combine a battery with other tasks, for example to store
power from their own panels, or to avoid a costly heavy power connection, the
investment is less risky than for those that purely focus on arbitrage trading.
It is uncertain whether electricity prices will fluctuate more violently in the
coming years, or whether the peaks will actually level off.
During this highly interactive training, the trainer will provide you with the
latest insights and best practices on how to obtain the maximum economic
beneï¬ts when participating with BESS in the electricity market.
Training Objectives
By the end of this course, the participants will be able to:
* Discover the different BESS battery technologies and their impact on the grid
* Understand the role of storage in providing flexibility to the power system
* Examine the potential revenue streams from BESS models
* Learn how profit can generated with BESS trading strategies
* Determine how to optimize the value from BESS projects
* Find out how to combine BESS with renewable PPAs
Target Audience
Professionals and executives from Power Utilities, Energy Companies, Financial &
Investment Banks, Renewable Power Project Developers, Transmission System
Operators and Energy Industry Regulators will find this training course useful.
* Electricity Marketing and Traders
* New Venture or Business Development Executives
* Corporate Finance and Treasury Executives
* Audit and Risk Management Executives
* Power or Utility Market Research Analysts
* Investment Managers for Renewable Power Projects
* Origination Professionals
* Regulation, Compliance and Documentation Officers
* Lawyers and Accountants
* Power Transmission and Distributions Engineers
Trainer
Our key expert is a skilled and accomplished professional with over 25 years' of
extensive senior management / board level experience in the energy markets
worldwide. Next to advising energy companies, banks, consultants and regulators
regarding PPAs, our key expert has also conducted several highly successful
training courses about Power Purchase Agreements, Power Project Finance, IPPs,
and Project Risk Management to over 1,000 high level participants from Asia,
Africa, Europe and Middle East.
He was a member of the expert commission of the Dutch Government for 2 offshore
wind parks, Hollandse Kust (zuid) Wind Farm Zone Sites 3 and 4 that advised on
which of the 5 applicants did provide the best security and solutions associated
with the electricity and green certificate prices, the construction and
operational risks of the project.
POST TRAINING COACHING SUPPORT (OPTIONAL)
To further optimise your learning experience from our courses, we also offer
individualized 'One to One' coaching support for 2 hours post training. We can
help improve your competence in your chosen area of interest, based on your
learning needs and available hours. This is a great opportunity to improve your
capability and confidence in a particular area of expertise. It will be
delivered over a secure video conference call by one of our senior trainers.
They will work with you to create a tailor-made coaching program that will help
you achieve your goals faster.
Request for further information post training support and fees applicable
Accreditions And Affliations