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

Optimally operating grid-scale battery storage assets to maximize lifetime value requires understanding, connecting, and acting on data about system performance, operations and maintenance, and market dynamics. In this session, we’ll explore the benefits unlocked by a cohesive approach to these interwoven needs, from analytics to action and from megawatt to market.

Join us for an insightful look into how machine intelligence is transforming energy management with GridBoost. We’ll explore key operational challenges that impact asset availability in the market, from market issues like Market Power Mitigation and Ancillary Services dispatch uncertainty to physical concerns such as battery cell imbalance and telemetry. Discover how human expertise remains vital in a world of automated forecasting and asset management, playing a key role in bridging the gap to deliver smarter, more reliable solutions that enhance asset performance and operational efficiency.

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?

• Advanced optimization algorithms are the cornerstone to pair battery attributes with market dynamics
• Real-time price spikes can be predicted with significant bearing on operational strategy
• Predictive price analytics add most value through a probabilistic framework rather than an absolute price forecast
• Analytics-driven optimization techniques can increase storage project revenues by 30% over traditional approaches

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.

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. With AI largely considered to be in its infancy, now is an exciting time as ever to explore the possibilities of optimization and how this can impact you!

• What can software providers do for you?
• How can software improve your battery portfolio?
• Where is the industry heading?

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

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?

• Tools and Resources to support Sizing, Operation, Analytics, and Optimization
• Selecting Equipment
• Operating an energy storage asset

Habitat Energy trade and optimize over 2.2GW of battery storage and renewable energy assets globally, including approaching 1GW of assets in ERCOT. Sharing lessons learned and real-world examples from across this portfolio they will discuss how to maximize the performance of your asset and explore:

• The importance of algorithmic forecasting and optimization
• The role of human trading experience and oversight
• Managing battery degradation and lifetime
• Risk management in times of market volatility

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!

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.

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. What are the current trends in offtake structuring that needs to be considered when designing/building the asset?

• The tax equity lense
• 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?