Welcome and Introduction

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Recording of Wednesday, June 14, 2023 | The smarter E Europe Conference 2023 | Conference Program | Language: English | Duration: 3:31 .

Speaker

Julian Jansen
Senior Director - Strategy, Market Development, Policy
Fluence
United Kingdom

Talk of session: High Energy Prices are Hitting the Industry Hard: Battery Storage as an Opportunity to Reduce Electricity Bills?

Even though the commercial and industrial battery storage market has been the subject of discussion for many years, most use cases were not economically viable because of low energy prices and relatively high system costs. Value stacking - the combination of different use cases - has been the preferred way to finance battery storage systems. In 2022, the skyrocketing electricity prices changed all of this while hitting the manufacturing industry hard. In this session, we will be discussing the challenges of the new market environment and will be showing how battery storage combined with renewable energy generation can help minimize energy costs.

Further Talks of this session:

Pitches by Panelists

Speaker

Philip Gladek
CEO
Spectral Enterprise B.V.
The Netherlands

Marian Süße
Head of Department Factory Systems Design and Production Planning
Fraunhofer Institute for Machine Tools and Forming Technology IWU
Germany

Dr. Alexander Hirnet
Vice President C&I
sonnen GmbH
Deutschland

Dr. George Hilton
Research Manager - Clean Energy Technologies
S&P Global
Spanien

To Talk

Panel Discussion and Q&A

To Talk

Further Content
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The continuous improvement of network development plans and flexibility strategies is crucial for addressing the challenges of grid congestion and ensuring effective capacity management. Innovative deployment strategies and business models promote the seamless integration of storage systems, which in turn enhances grid stability and optimizes energy management system costs. At the same time we look in this session at the dynamic landscape of large, grid-connected storage that requires careful consideration of integration timelines to ensure sustainable and future-proof energy utilization.

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We speak with Martin Vogt and Dr. Julian Hochscherf about the progress in the electricity market

Publications
European Market Outlook for Energy Storage 2024-2028

SolarPower Europe’s annual European Market Outlook for Battery Storage

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