DER aggregations (PV+Battery Storage)
Application
Aggregation and global optimization of multiple market participation for four solar + storage plants
Challenge
The key challenges were optimizing the operation of multiple solar + storage plants, optimizing the distributed generation strategy, and managing regulatory compliance amid rapidly changing market participation.
Solution
- Multi-plant aggregation and multi-level optimization to enhance overall efficiency and profitability
- A centralized energy storage management system provides flexible management and rapid response to market conditions, regulation requirements, and plant performance changes
- Customized market participation strategies to optimize revenue generation across the entire project by maximizing efficiency and output based on real-time data and forecasts
- An integrated local multi-level optimization strategy that provides a robust and scalable solution for managing multi-plant renewable energy sites