Industry Update: Revenue Optimisation – Beyond the Marketing

Revenue Optimisation for flexible assets (specifically, battery storage) is a specialist and complex service.  It is also relatively new. Service providers have little track record and inconsistent simulation methodologies.  How can asset owners, as potential clients, compare different offerings on a “like-for-like” basis? This paper looks at marketing methods that service providers use, explains how asset owners should interpret this data, and highlights key questions that clients should ask to ensure a transparent and effective Read more…

Ørsted appoints REMAP to market flexible generation and revenue optimisation services

Ørsted has appointed REMAP as marketing agent for its flexible generation and revenue optimisation services in the UK. Ørsted has granted REMAP a licence to use insights from its unique Balancing Mechanism algorithm to provide project development support to third-party developers and asset owners.  Access to Ørsteds Balancing Mechanism algorithm gives REMAP the capability to provide the best-in-class revenue modelling to realise the true value in storage assets. Kyle Worthington, Head of Power Origination at Read more…