2024 Agenda

With over 50% of current operational batteries coming online in the US in 2023 (9.4GW, Statista), how can you charge ahead of the competition? Join us for a Crash Course into battery asset management, which will cover:

• The fundamentals of battery asset management; revenue streams and operational costs
• What are the important considerations once a battery is online?
• How can you optimize a battery?
• How important is asset management?
• How can you leverage your battery and harness revenue streams?

One of the core principles of asset management is revenue and trading. Our second keynote panel of the day looks at how you can unlock the value of your assets, and the various revenue streams available.

• Which revenues are considered the “best”, and what new revenue streams does the industry expect to materialize in the near-term?
• Dynamic participation and selling at the right price
• What are the main benefits of ancillary services?
• Understanding regional revenue streams and locational marginal pricing

Augmentation, which refers to supplementing or replacing a battery capacity as it degrades over time, has become an increasingly important topic. As asset owners begin to think about augmentation, how should you ensure the most effective strategy?

• How to approach augmentation plans, minimizing costs and maximizing efficiency
• When is the best time during a batteries lifecycle to start thinking about augmentation?
• Differing strategies and associated costs
• How best to navigate augmentation alongside offtake agreements?

 

More developers and investors are looking to merchantly operate their batteries, so what are the associated risks and rewards? This panel includes the perspective of the merchant owner, and if their view is changing.

• What commercial structures they have been operating under?
• Is merchant operation better than offtake agreements?
• How to tolerate risk, and does great risk equal greater reward?
• Is the general appetite changing?
• Importance of diversification.

Battery optimization requires adaptation to a unique and complex set of factors including location, market conditions, and operational strategy. However, with renewables growth and extreme weather driving volatility, the opportunities for energy storage continue to grow. CAISO and ERCOT, the territories with the greatest and fastest-growing energy storage deployments in the US, pose a unique opportunity for a comparative analysis of energy market design, revenue opportunities, and other considerations for battery optimization. This session will consider what makes each market unique, the successes and challenges for batteries in California and Texas, and what each market has to learn from the other. The presentation will include data and analytics from Gridmatic, which operates battery storage in both territories.

One of the key considerations for stakeholders is how to set yourself up for success?

• What are the major considerations in the pre-operational phase to ensure success?
• How can developers set themselves up best?
• The importance of ensuring your contract, matches construction
• Commissioning and design considerations

In a world of profit margins and getting value for the dollar, integrating software into your battery energy storage systems can greatly enhance its optimal performance. Hear what software providers can do for you in this panel discussion.

• How should you best integrate new software, in older batteries?

The vast majority of operational batteries have offtake structures in place. What are the current trends in offtake structuring that needs to be considered when designing/building the asset?

• How can you deliver the maximum value to an offtaker?
• What is important to consider depending on the stage of your pipeline?
• What is the importance of guaranteed revenue?

From design to construction, encompassing the entire lifecycle of the battery, what are the key considerations which should be taken into account? One of the biggest considerations in BESS operations is the management and accuracy of the State of Charge i.e. how full or empty is the BESS and how much can it be charged or discharged. It is critical to have an accurate understanding of the batteries SOC to effectively manage its market performance.

• Designing your battery with purpose & understanding the lifecycle of your project – 10, 15, 20 years - how does this underpin performance?
• How has the work batteries as hard as possible to “maximize” performance approach evolved?
• How should you best manage an aging battery?
• What is SoC and how is it measured?
• What drives differences between the reported SOC and actual usable energy
• How does SoC impact operations and market participation?

In an ever-evolving landscape of legislation and regulation, how does this impact operational batteries? What are the latest developments that could move the markets? Our Day Two Keynote Panel looks at the topic in more detail, and how you can get a head start before the turn of the tide.

• Will new developments impact the viability of markets?
• What is the current feasibility of assets in regions such as ERCOT and CAISO?
• CAISO has a new resource adequacy valuation for times of day, how has this changed the value calculus for batteries?
• Is the landscape changing in seeing a significant decrease in interest in offtakers for batteries?

Which market do you operate your batteries in? Whether it is CAISO, ERCOT, or many others, join us for the networking round-tables with RTO's, to understand the key market developments and the growth opportunities in each market.  

Whilst focusing on everything BAM related, there is one important stakeholder to remember: the investor. This session looks at the investor perspective, when considering battery asset management:

• What does an investor look for in a BESS developer?
• Portfolio management strategy
• Regional considerations

What burning questions do you have about Battery Asset Management? Whether it is about revenue structures, life-cycle of the battery, or optimization, this session will reveal all! Join us on this panel of world-class speakers and market experts, for an interactive Q&A Session with the audience!

This session will be looking at how to set your project up for success from the outset, and the key considerations when looking at different ways to finance your project.

• The tax equity lens.
• More TBC

Safety is one of the primary concerns at the forefront of every asset owner's operation. This panel discussion looks at how to ensure the safety of your assets, and what precautions should you take?

• Mandates for safety – how this differs regionally and what are the considerations? E.g. CAISO has very strict fire regulation rules.
• How can you protect your asset against potential fires?
• What is the importance of cyber security?
• How greater safety, enables greater value.