Business Models – Brussels
Dr John Harrison, B9 Energy Storage Ltd, 30th Nov 2018
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Technology - Compressed Air Energy Storage
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Technology - Compressed Air Energy Storage
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Ireland’s target of 40% renewable electricity –primarily from wind – is the highest in the EU for an isolated, synchronous system.
Market Context
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Oct 2018
Launch of i-SEM, on October 01 2018, marks the re-definition of the electricity market in Ireland and Northern Ireland.
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Business model for distributed CAES
1. Energy Trading Arrangement -Arbitrage
2. Capacity Remuneration Mechanism 3. DS3 – System Services compensation
for flexibility
4. Generation on Demand Services5. Load on Demand Services
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Development of control systemstrategy for arbitrage
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Development of control systemstrategy for arbitrage
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