Batteries for a company without solar panels? Yes!

Joining the European energy grid has created a need for additional capacity to stabilize the grid. This opens up new opportunities for companies to earn money by participating in electricity balancing markets. Investments in energy storage batteries or BESS systems allow for the efficient storage of energy, not only reducing electricity consumption costs, but also generating additional revenue by participating in frequency containment (FCR) and frequency restoration (aFRR and mFRR) markets.

With higher renewable energy production and the decoupling from BRELL, electricity price fluctuations are expected to become more pronounced – in 2024, the average daily price fluctuation amplitude was 58%, compared to 34% in 2022, and with the opening of balancing markets, now is the right time for companies to take advantage of modern technology. Battery systems help strengthen energy independence and reduce costs while generating additional income.

Reduces costs and generates additional income

One of the main advantages of batteries is that this energy storage solution, combined with Enefit's smart software, allows you to participate in all newly opened grid frequency stabilization markets and earn income from it.

In addition, installing a battery system can strengthen energy independence and reduce costs. Electricity price volatility affects production costs – the higher the share of energy used per unit produced, the greater the impact on the final product price. A battery system allows you to store electricity when prices are low and use the stored energy when prices rise.

If there is a power failure in the grid, the batteries act as a reliable backup source, preventing losses that could result from equipment failure or production downtime.

Investment with a quick payback period

Battery systems can be installed by any company with a connection to the power grid, regardless of the size of the company or its field of activity. The main thing is that the power connection is sufficient for the capacity of the selected battery and the electricity consumption. For example, if you plan to install a 2 MW battery, you must have at least the same amount of electricity connection.

According to current calculations, the average payback period for a battery system is 3-5 years. The return on investment calculations are based on the assumption that the most efficient period of operation is 20 years.

"For example, a battery system with a capacity of 500 kWh, including installation, costs around EUR 120,000. Assuming that the batteries will participate in both the next day electricity market and the newly opened balancing markets with the help of Enefit's smart management program, the equipment could generate approximately EUR 35,000 in profit per year. It should also be noted that the larger the battery system, the lower the cost per kWh installed and the faster the return on investment.

Similar to the early stages of solar panel adoption, companies that install batteries first can ensure a faster return on investment. Enefit offers companies financing for the purchase of batteries and can also help with attracting financing from Altum or banks.

Smart platform helps maximize battery potential

Enefit offers companies comprehensive support throughout the entire BESS implementation process, from the initial consultation to the operation of the batteries throughout their entire life cycle. An individual offer is developed for each customer, calculating the return on investment, and support is provided in complying with technical regulations and attracting financing. We also provide not only system installation, but also continuous monitoring, tracking battery performance and ensuring their longevity.

Enefit's smart platform helps maximize the potential of the battery. Innovative software provides access to new balancing markets, analyzes market price changes using artificial intelligence, and optimizes energy flow to ensure that the company gets the most out of it. By offering a complete solution – equipment, software and service – Enefit ensures cooperation between all stages and unified process management. Similarly, with the help of Enefit's smart software, any company with its own electricity-consuming or producing equipment can participate in system regulation by appropriately reducing or increasing its consumption when requested by the high-voltage grid, and the company receives compensation for such flexible consumption.