Powering Sustainable Returns

In response to the growth in intermittent renewable energy sources, grid operators and utilities are placing a premium on asset flexibility – the ability for supply and demand resources to modify their electrical production or consumption when required. This evolving market has created a complex energy landscape that requires deep expertise to navigate.

With change comes opportunity, and the energy transition is no exception. Through more sophisticated energy market participation, flexible assets like battery energy storage systems can earn more revenue and achieve greater performance visibility. In turn, this enables operators to maximise investment returns, and support the country in the journey to Net Zero.

Enel X pioneered the demand-side response industry, providing access to more energy markets worldwide than any other provider, and delivering more than £1 billion in payments to our customers in the process. Now you can apply to your battery energy storage and generation assets the same industry expertise, world-class technology and market access that have been delivering unmatched value-creation for our customers for decades.

Energy markets and grid-balancing programmes are maturing. Nowhere are they more mature than in Great Britain, where the variety and complexity of these markets is unmatched. This creates a significant opportunity for energy storage and generation assets that can harness flexibility to capture the most value, by achieving the highest pricing available.

As GB energy markets and grid-balancing programmes continue their transition into the merchant era, battery energy storage investors have been among the first to recognise the complexity of forecasting and achieving their return on investment. Traditional ‘rules-based’ control schemes are not effective enough to manage this complexity.

The route to market for organisations with flexible energy assets is complex, and requires specialist knowledge. When considering a partner, organisations must look for those with deep experience in, and understanding of, energy markets and grid-balancing programmes. Many route-to-market partners are capable of participating in a number of programmes, but do not have the project history to ensure success.

To gain access to these programs, and understand what new ones are on the horizon, it is crucial to understand complex and evolving details. Dedicated regulatory expertise is necessary for optimal participation. Moreover, with participation dependent on timing and successful forecasting, potential partners should have a dedicated trading and operations team to ensure opportunities are being monitored at every moment.

Finally, technology is vital to enable reliable access and control, and to prove performance in multiple markets. Algorithms and machine learning help to automate and capture additional value by further optimising your energy assets. In each market where Enel X operates, we choose the best proprietary or independent solution to deliver you the best return.

Enel X is a pioneer in the demand-side response industry, and continues to sculpt the regulatory landscape of new and existing grid programmes in Great Britain and around the world. Download the brochure to understand our expertise in route-to-market optimisation, and discover how we can unlock the full potential of your flexible energy assets.