With PowerSync’s cutting-edge technology businesses have significant potential to earn revenue from energy market participation with their energy loads, batteries, and backup generators. However, without expert support, many businesses miss out on this opportunity, especially in the very fast FCAS market, due to complex technical requirements and capacity thresholds., PowerSync opens this opportunity without any […]
Read moreThe Australian Frequency Control Ancillary Services (FCAS) market is currently undergoing significant growth, driven largely by the increasing participation of battery energy storage systems (BESS) and demand response (DR) technologies, particularly with the introduction of Very Fast FCAS (VF FCAS) services. These markets, which require rapid response times of one second or less, were launched […]
Read moreEmergency Response and the Interim Reliability Reserve (IRR) programs with the Australian Energy Market Operator (AEMO) provide significant benefits to participants while offering much needed support to the broader energy market. Why should I participate? With AEMO sounding the alarm in May for increased risk of blackouts, specifically noting that urgent investments in capacity in […]
Read moreThere are several battery storage technologies available to businesses. Deciding upon the best-fit available now against an evolving technology landscape can be daunting. While technology features of certain batteries may be appealing, this should be weighed up against a variable, long-term use-case that delivers the highest value and decarbonisation returns. Additionally, a battery supported by […]
Read moreBusinesses are increasingly becoming prosumers of the energy market, choosing how they consume energy and participate in the energy market. And the rewards are significant, not only financially to businesses, but also through the wider community benefits from lower energy costs. As Australia pushes towards a transition to renewables, businesses have a significant role to […]
Read moreLoad flexibility is a significant asset in the energy market, offering numerous benefits and opportunities with low integration and control cost. Here’s how load flexibility can benefit the energy market while providing financial reward to businesses: In summary, load flexibility is pivotal in modernising the energy market. It supports grid stability, promotes the integration of […]
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