Battery energy trading optimised in volytica and enspired partnership
Jürgen Mayerhofer, CEO of enspired. Image courtesy volytica
A strategic partnership between German battery tech and software developer volytica and Austrian asset optimisation company enspired has been formed to optimise profitability of energy trading and battery health of large-scale energy storage.
Under the partnership, volytica’s predictive battery analytics software will be combined with enspired’s AI-driven real-time trading for battery energy storage systems (BESS), integrating advanced battery monitoring software into an existing energy trading solution.
According to the partners in a release, the rapid expansion of energy storage, with approximately 161GW of battery storage systems currently under application in Germany, presents significant trading opportunities but also substantial challenges, such as managing battery warranties for operators.
Commenting in a release was Jürgen Mayerhofer, CEO of enspired: “Data and technology make a huge difference in BESS monetisation.
“Every day, we perform 8,000-10,000 virtual optimization test runs to evaluate different revenue scenarios – integrating real-time data and degradation information allows us to fully utilise the battery’s capacity within its warranty terms for maximum profit while identifying the dispatch profiles best suited to ensure its long-term value and longevity.”
Have you read:
Battery developer Elevate announces Joshua Rogol as CEO
Greece’s KTISTOR taps Sungrow for grid-forming battery tech
The guarantees offered by battery manufacturers primarily focus on storage security, often overlooking revenue potential. These warranties typically guarantee 60–80% remaining capacity over several years but are tied to strict operational conditions, including maximum charge cycles, charge/discharge rates (C-rate), and operating temperatures.
Non-compliance can accelerate degradation, threatening both performance and profitability.
This is where the partnership between the two comes in, aiming to enable operators to fully commercialise their batteries while staying compliant with regulations and minimising degradation.
Under the collaboration, the integrated battery trading solution leverages precise, detailed battery data instead of conventional approximations, enabling the optimisation of trading strategies and battery utilisation to maximise revenue.
Said Claudius Jehle, CEO of volytica diagnostics, emphasising the technical advantage: ” The value and profitability of a battery decreases with increasing wear and tear.”
Added Jehle: “The combination of our solutions creates a balance between short-term revenue and long-term value retention for the first time – the yield of the storage system is optimised over its entire service life, from increased profit to maximum safety.
“Continuous battery monitoring not only offers additional added value to the operator, but also strengthens the confidence of stakeholders such as insurance companies and investors.”