Solar Media invites you to their event

Maximizing Battery Performance: Unlocking the Secrets of SoC Imbalance and Thermal Analysis with Analytics & AI

Wednesday, August 21st 2024 - 3:00 PM (GMT)

The event is over. See you in the next one.

About this event

TWAICE Performance Manager: Revolutionizing BESS Optimization

TWAICE, the leader in battery analytics, introduces the TWAICE Performance Manager, a cutting-edge solution designed to enhance the performance and availability of Battery Energy Storage Systems (BESS). The TWAICE Performance Manager addresses the critical need for efficient and reliable BESS operation, ensuring maximum revenue potential through advanced analytics and proactive management. A key advantage of the TWAICE Performance Manager is its ability to provide granular insights into system performance, enabling asset managers to optimize operations and secure revenue streams with minimal manual intervention.

Battery Energy Storage Systems are pivotal in the current energy landscape, offering significant opportunities for integrating renewable energy sources and providing essential services like energy arbitrage and frequency regulation. However, asset owners face several challenges that can hinder the effectiveness of BESS:

  1. Volatility of the Energy Market: The energy market is highly volatile, influenced by unpredictable weather conditions. Renewable energy sources such as solar and wind depend heavily on weather patterns, leading to fluctuating energy production. This unpredictability makes it difficult for asset owners to capitalize on energy market opportunities consistently.
  2. Performance Issues: BESS performance issues, such as cell imbalances, can severely limit the system's ability to charge and discharge energy efficiently. For example, if a single cell can only charge up to 60%, it restricts the performance of all cells in the string. Identifying and addressing these issues without the right tools is a significant challenge.
  3. Revenue Loss: Inconsistent performance and availability issues on potentially high-revenue days can result in substantial financial losses. In the ERCOT market, 50% of revenue was made in just 13 days during the summer months of 2023, highlighting the importance of maintaining optimal performance during peak periods.

The TWAICE Performance Manager is designed to tackle these challenges head-on, providing a comprehensive solution to optimize BESS performance and availability. Key features and benefits include:

  1. Granular Insights: The Performance Manager offers detailed insights into system availability and performance, enabling asset managers to identify and address underperforming components quickly and efficiently. This level of granularity is crucial for pinpointing specific issues, such as cell imbalances and thermal management problems, which can significantly impact overall system performance.
  2. Proactive Management: By providing real-time data and analytics, the Performance Manager allows for proactive management of BESS. Asset managers can take preventive measures to improve system performance and availability, ensuring that the BESS operates at its maximum potential and meets revenue expectations.
  3. Minimal Manual Effort: The Performance Manager streamlines the process of monitoring and optimizing BESS performance. Asset managers and engineers can access all necessary information at a glance, reducing the need for time-consuming data analysis and manual intervention. This not only saves time but also enhances the accuracy and efficiency of performance management.
  4. Revenue Optimization: With the ability to ensure high system availability and performance, the Performance Manager helps asset owners maximize their revenue potential. By addressing performance issues proactively and maintaining optimal operations during peak periods, asset owners can capitalize on lucrative market opportunities and secure multiple revenue streams.

Applications: The TWAICE Performance Manager is designed for asset managers and engineers in the energy sector who operate Battery Energy Storage Systems. It serves the renewable energy market, including solar and wind energy, where the integration of BESS is essential for stabilizing energy supply and demand. The Performance Manager is particularly valuable in dynamic energy markets where volatility and unpredictable weather conditions pose significant challenges. By providing a comprehensive solution for optimizing BESS performance and availability, the TWAICE Performance Manager ensures that energy storage assets are reliable, efficient, and a substantial source of revenue in the evolving energy landscape.

In summary, the TWAICE Performance Manager by TWAICE Battery Analytics is a revolutionary solution that addresses the critical challenges faced by BESS managers and operators. With its advanced features, granular insights, and proactive management capabilities, it ensures optimal performance and availability of BESS, maximizing revenue potential and securing a competitive edge in the energy market.

Availability: Now & worldwide.

------------------------------------------------------------------------------------------

For more information, please contact us at:

info@energy-storage.news

Hosted by

  • Guest speaker
    G
    Philipp Berg Engineering Manager @ TWAICE Battery Analytics Software

    Engineer with extensive experience in product development, lithium-ion battery technology, and software leadership. Currently leading an international team to develop software solutions enhancing Battery Electrical Energy Storage operations.

  • Guest speaker
    G
    Ryan Franks Senior Solution Engineer @ TWAICE Battery Analytics Software

    Ryan Franks is a Senior Technical Solution Engineer at TWAICE, bridging sales, product, and technology. With a background in batteries and energy storage, he holds a BS in Engineering Mechanics and an MBA and is a Senior IEEE Member and patent inventor.

  • Team member
    T
    Andy Colthorpe Editor @ Solar Media / Energy-Storage.news

    Editor and lead journalist for Energy-Storage.news, covering the global industry for a business audience.

Solar Media

Events. Publishing. Research

Solar Media Ltd is a business to business media company specialising in the provision of digital news, business intelligence, print publishing and high quality events to serve the needs of the Solar, Energy Storage, Electric Vehicle and Distributed generation sectors of the Energy Industry.