Battery storage optimisation
Shell Energy in Europe offers end-to-end solutions to optimise battery energy storage systems for customers, from initial scoping to final investment decisions and delivery. Once energised, Shell Energy optimises battery systems to maximise returns for the asset owners in coordination with the operation and maintenance teams.
The role of battery storage and optimisation for today and tomorrow
As we transition to net-zero emissions, energy systems around the world are becoming increasingly decentralised with more renewable electricity entering the grid. Typically, battery storage systems are charged when prices are low 鈥 often in high renewable output/low demand scenarios - and are discharged at times of high prices/peak demand - when higher carbon sources would typically be used.
The increasing use of battery systems, which tend to be small and highly distributed, can reduce instability in the grid. Battery systems can help balance demand and supply by providing electricity during periods of intermittency.
Increasing opportunities across multiple markets means that a sophisticated blend of these revenue streams is required. Energy companies such as Shell Energy in Europe can optimise battery assets to achieve maximum returns.
How does battery optimisation work?
Each battery optimisation project is unique. Shell Energy provides an end-to-end service that is tailored to a customer鈥檚 requirements.
At Shell Energy, our experts are involved throughout the project lifecycle, helping with guidance on the project plan and technical design specification for the battery system. Once the system is operational, Shell Energy鈥檚 experienced trading team help maximise revenue returns using our 24/7 trading desk which combines human and algorithmic trading. Our clients also benefit from real-time monitoring of a battery system鈥檚 health, the level of degradation, bespoke reporting and account management services.
Our offering 鈥 whether you have one or more battery assets, our bespoke products can support you
Across Europe, Shell Energy can provide end-to-end optimisation of battery energy storage systems with bespoke support provided by our project managers, technical engineers and trading teams. Shell has a strong balance sheet and an S&P long-term credit rating of A+.
Toll
Shell Energy will effectively lease the asset and provide a guaranteed and stable return to the project owner.
Floor
A net profit share agreement with a guaranteed price level, providing minimum revenue to the asset owner.
Revenue share
A profit share agreement based on the net profit generated by a battery asset.
Benefits to partnering with Shell Energy for battery storage optimisation
Investment support
Our market leading trading teams can help investors and developers to reach a final investment decision.
Strategic approach
A trading strategy most suited to each of your assets, helping de-risk your investment over the long-term.
Bespoke reporting
Daily and monthly asset reporting, delivering detailed data that you need.
Guidance on future projects
A dedicated relationship manager who can provide guidance on how to expand your portfolio.
Regulatory updates
Monitor and provide updates to changes in relevant policies and regulations.
Combined invoicing
Fully transparent automated invoices.
Asset performance monitoring
Constant asset monitoring through our asset operations and engineering teams.
Richard Thwaites | CEO of Penso Power Ltd鈥溾hen the Minety battery storage system was merely an idea, Shell Energy supported us and fellow members of the supply chain in getting the project up and running. The project experienced delays due to events out of our control, however, Shell Energy continued to collaborate and assist other suppliers to try and recover lost time and ensure the battery鈥檚 performance is second to none鈥︹
How battery storage optimisation can benefit you
Batteries can be an attractive solution for investors and developers by offering new revenue streams, increasing return potential and supporting the energy system鈥檚 transition towards net-zero emissions.
De-risking investments
Tolls and Virtual Power Plants (VPPs) can offer guaranteed returns to manage periods of volatility in the market and help de-risk investments.
Increasing revenue potential
Our revenue share and floor agreements help to increase the potential for revenue returns for your battery projects. Our 24/7 trading team and cloud-based optimisation platform helps maximise returns for customers.
