BESS Optimization

Collects real-time data from the BESS, providing clarity on working variables, performance and status. It is the platform required to manage the load/discharge orders and monitor manufacturer guarantee KPI’s.

This is the source of raw data for the following components. It provides data from different domains: weather, commodity prices, storage, network… The key features will be: data quality and validation, data lineage and data government.

They are requested to populate elaborated data that will feed the optimizer. This is the most critical component, as accuracy and bias will influence the decision-making. At least, models should be created to compute demand forecast, generation forecasts and mix, future and short-term power prices, congestion and ancillary services prices.

This model compute the best loading/discharge windows, taking in consideration technical constraints from digital twin, market prices and expected lifecycle limits (more cycles per week will reduce the lifetime).

Based on the optimal solution provided and the market prices, it will define the most-profitable strategy that commits with the setpoints defined in the previous stage. It will include day-ahead, intraday, continuous intra day, replacement reserve, aFRR and mFRR markets

Once the strategy is defined, a new solution will be required to generate the bids, exchange of information with the market operator and the TSO and receive and process the schedules and nominations.