Recording of Wednesday, June 19, 2024 | The smarter E Europe | Conference Program | Language: English | Duration: 21:42 .

Engie Discusses Risk Management and Future of Battery Investments Amid Market Uncertainties at GEMS Division Presentation

The speaker, representing Engie and specifically its GEMS division (trading, optimization, hedging, origination), discusses the importance of risk management amidst potential downsides in business cases. While Engie is well-regarded for asset optimization globally and has committed to 10 gigawatts of battery storage by 2030, current holdings amount to 1.2 gigawatts primarily in the US and Australia. The utility-scale battery sector is growing rapidly alongside renewables; however, challenges such as land acquisition, grid connection difficulties, CapEx uncertainty remain significant hurdles. A key concern addressed is market risk—unpredictable fluctuations that can adversely impact expected returns even post-construction due to factors like changing regulations or renewable penetration rates. Notably illustrated with German market data showing volatile forward prices over different periods. Additionally, ancillary services markets are described as shallow and unpredictable. To navigate this uncertainty effectively: understanding risk thoroughly and diversifying revenue structures across various locations and technologies are crucial strategies for stakeholders within this industry landscape.

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Speaker

Martin Daronnat
Head of Flexibility Germany
Engie
Spain

Talk of session: Offtake and Asset Optimization - A Growing Opportunity in Continental Europe?

Battery storage systems are first and foremost a tool in the energy market. Unlike a hammer, they can be used in a variety of ways. In recent years, including at the ees Europe Conference, the use cases for storage have been discussed in detail. Whether battery storage turns out to be a successful tool depends on how it is used. In this session, we will show you how battery storage systems are being optimized, e.g. in virtual power plants, to maximize their return on investment and avoid negative consequences, such as accelerated aging.

Further Talks of this session:

Welcome & Introduction

Speaker

Nina Munzke
Team Leader System Control and Analysis
Karlsruhe Institute of Technology, Institute of Electrical Engineering
Germany

To Talk

Integrated Storage Optimization at Commercial & Industrial Sites

Speaker

Felix Jedamzik
coneva GmbH
Germany

To Talk

Behind-The-Meter Flexibility Trading of Stationary Batteries

Speaker

Dr. Fabian Knoch
Head of Platform & Flexibility Trading
Becquerel Institute
Belgium

To Talk

Multimarket Optimisation for Flexible Assets

Speaker

Wolfgang Ridinger
Principal Data Scientist
Entrix GmbH
Germany

To Talk

Q&A

To Talk

Partners & Sponsors