Proliferation of large-scale renewables has significantly changed the generation mix in Asia Pacific. Major consumers are not only moving towards green energy but are required to demonstrate evidence of carbon neutrality. Moreover, renewable plant operators are now faced with challenges such as downward pressure on electricity prices, system volatility, complex trading arrangements, and carbon accounting, all contributing to decreased profit margins.
To improve power grid performance and reliability, organisations must employ flexible energy assets such as battery energy storage systems, which can improve their ability to react swiftly to market price volatility with full visibility and control over their physical and financial trading positions.
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