Battery Energy Storage Systems
FEBRUARY 19, 2024
By Paul Homewood
h/t idau
There has been discussion of solar farm projects which include battery storage. (Battery Energy Storage Systems, or BESS).
The claims of the developers and renewable lobby is that storage will help to make intermittent renewables work.
By coincidence Timera have just published this update, which reveals it is nothing more than a money making ploy:
Impact of new balancing platform on GB BESS
Batteries create value from harvesting price volatility. The real time Balancing Mechanism (BM) has the most volatile prices in the GB market, yet battery (BESS) assets have captured limited BM value to date.
https://notalotofpeopleknowthat.wordpress.com/2024/02/19/battery-energy-storage-systems/
