The projects are aggregated into a virtual battery via Terralayr\u2019s flexibility platform, which offers storage capacity virtually rather than tied to a specific single project. RWE will pay Terralayr a fixed annual fee for the capacity in return for taking control of the BESS capacity\u2019s activity in the energy market.<\/p>\n
The approach is designed to open up the security of fixed revenues to smaller projects that may struggle to secure single-site tolls, as well as offer a wider array of options to those seeking to procure flexibility. Spreading the toll across projects also reduces operational risk. <\/p>\n
Terralayr CEO Philipp Man and VP strategy and commercial Mikko Preuss discussed the platform in an interview with ESN Premium in January this year.<\/a> It is the second big-name company to procure capacity from the firm, after Swedish state-owned power generation and trading company Vattenfall<\/a>. <\/p>\n Commenting on the RWE deal, Preuss said: \u201cWe offer customers storage capacity, providing all the advantages of a physical battery storage system without them having to manage the physical systems themselves.\u201d<\/p>\n Preuss will be speaking on a panel on Day One of next week\u2019s inaugural Energy Storage Summit Germany in Stuttgart (3-5 June)<\/a>, as will his colleague Valerie Mahar, VP asset development, on Day Three.<\/p>\n Bart Beljaars, head of commercial asset optimisation for Continental Europe at RWE, commented: \u201cBatteries are becoming increasingly important for a stable energy supply, and Terralayr\u2019s virtual battery is a perfect complement to our rapidly growing portfolio of batteries and generation assets. By working with Terralayr, we can utilise the flexibility of both RWE and customer batteries more effectively.\u201d<\/p>\n RWE is a major deployer of renewables and storage alongside its legacy coal and gas portfolio, with 1.2GW of BESS operational worldwide. It recently commissioned large-scale BESS projects in Germany<\/a> and the Netherlands<\/a>, while in the US the past six months has seen it break ground on 900MWh of Texas BESS<\/a>, propose a 200MW system in Colorado<\/a> and pilot a novel nickel-hydrogen battery technology<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"The projects are aggregated into a virtual battery via Terralayr\u2019s flexibility platform, which offers storage capacity virtually rather…\n","protected":false},"author":2,"featured_media":138401,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5310],"tags":[60293,15900,2000,299,1824,25061,53110,60294,60295],"class_list":{"0":"post-138400","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-germany","8":"tag-aggregation","9":"tag-energystorageeurope","10":"tag-eu","11":"tag-europe","12":"tag-germany","13":"tag-rwe","14":"tag-toll","15":"tag-virtual-power-plant","16":"tag-vpp"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114585018243152089","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/138400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=138400"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/138400\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/138401"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=138400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=138400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=138400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}