Enspired, a battery energy storage system (BESS) optimiser, has expanded its operations to Greece, Spain, and Poland. This growth follows strategic partnerships aimed at enhancing optimisation services for storage asset owners.
In May, Enspired partnered with Optimus Energy, Greece’s largest renewable energy and flexible load aggregator. Together, they will manage a portfolio of 270 megawatts (MW) of projects, collaborating with owners like GEK Terna Group and Heron Energy.
In June, Enspired replicated this model in Spain by teaming up with Nexus Energía, the country’s ninth largest energy trader. This partnership will integrate Enspired’s technology into Nexus’s asset optimisation offerings for both standalone and hybrid renewable projects. Enspired aims to provide comprehensive optimisation services to local asset owners, leveraging advanced algorithms to maximise their revenues.
Additionally, Enspired has announced a collaboration with Ekovoltis in Poland, the largest seller of renewable electricity in the country and its first Balancing Utility Provider (DUB). This partnership aims to deliver BESS optimisation services, combining Ekovoltis’s established market presence with Enspired’s automated optimisation technology.
In a recent interview, Enspired CEO Jürgen Mayerhofer discussed the company’s approach to entering new markets. He highlighted the flexibility of their optimisation platform, which adapts to various market conditions and integrates multiple revenue streams, including imbalance and capacity markets.
Mayerhofer explained that Spain’s robust market conditions, supported by €700 million in government subsidies and a target of 22.5 gigawatts (GW) of BESS by 2030, create a conducive environment for optimisation services. Nexus Energía’s extensive infrastructure and innovative leadership position it as an ideal partner for Enspired, enabling local asset owners to enhance their revenue potential.
The Polish market is also gaining traction, particularly after connecting to the PICASSO platform, which facilitates automated frequency restoration. Upcoming balancing reforms in 2024 present new opportunities for BESS to generate value. Ekovoltis’s infrastructure and project pipeline further strengthen this partnership, allowing for strategic participation in various markets, including wholesale and balancing services.
Mayerhofer emphasized that international diversification brings valuable expertise. Learning from different markets allows for precise optimisation from the outset, while insights from new markets can refine strategies in established ones. This adaptability enhances Enspired’s ability to quickly respond to regulatory changes and leverage economies of scale across Europe.
The optimisation of BESS across interconnected European markets is also a priority for Enspired. Their systems enable participation in cross-border wholesale markets, aFRR energy bidding, and FCR Cooperation. However, each battery’s optimisation remains confined to its grid connection zone, ensuring compliance with local regulations.
Overall, Enspired’s expansion into these three countries positions it to capitalize on the growing demand for BESS optimisation, ultimately helping local asset owners maximise their revenue and contribute to grid stability.
