HOW BATTERIES WORK
Understanding battery optimization
Batteries are more complex to understand and model because they deliver value in multiple ways.
So how can you figure out what you need? We’ve broken it down below to help you make sense of it all.
Peak shaving
Reduce peak consumption at your site by using stored power when your demand is higher. This helps manage your energy usage more effectively and limits the maximum power drawn from the grid, leading to a lower electricity bill.
Self-consumption optimization
Store any excess renewable energy generated at your site, such as solar power. This stored energy can be used when needed to boost your self-consumption and reduce your reliance on the grid.
Day-ahead market arbitrage
Maximize savings by charging when energy prices are low and discharging when they’re high. This means your battery usage is timed to take advantage of day-ahead market prices. Our algorithms optimize battery control based on these forecasted power prices.
Imbalance market arbitrage
Capture additional revenues by participating in the imbalance market, where real-time energy prices fluctuate based on supply and demand. By strategically charging your battery when prices are low and discharging when prices spike, you can take advantage of market volatility.
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