UK-based grid battery owner Gresham House has agreed to a multi-year deal with Habitat Energy to optimise 74MW of energy storage capacity, which will see machine learning applied to maximise the value of the assets and extend their lifespan. The deal sees Habitat Energy agree to optimise 74MW of Energy Storage System (ESS) projects in the UK, owned by the Gresham House Energy Storage Fund. Habitat Energy’s PowerIQ system will be applied to three projects to use algorithms and machine learning approaches to manage storage asset value across wholesale markets. Habitat Energy will also manage the degradation of the assets in a bid to extend their lifespan.
Edie 24th Jan 2020 read more »