Optimisation and trading engine
Habitat Energy’s role in the energy
and storage ecosystem
Habitat Energy provides optimisation and trading services for battery storage assets in the UK wholesale market.
Habitat Energy’s optimisation services centre primarily around battery storage assets, and include batteries of various chemistries (e.g., lithium-ion, vanadium flow). Optimisation services can take different forms, including utility-scale standalone storage, storage co-located with solar, and electric vehicle fleets.
Habitat Energy leverages its proprietary software to make trading decisions that it then executes on the battery owners’ behalf. Habitat Energy is also physically connected to the asset and executes dispatch commands to charge and discharge the battery.
Habitat Energy trades assets in the short-term wholesale markets (Day Ahead and Intraday), as well as in the Balancing Mechanism and ancillary services markets.
Habitat Energy’s approach to maximising value
Habitat Energy has brought together five core competencies to develop its own proprietary technology for real-time forecasting, trading and asset modelling and control.
Stochastic price forecast over a 48-hour time period using machine learning.
Degradation management and understanding of physical asset.
Algorithmic dispatch with human oversight.
Big data management, cloud hosting and advanced data science.
Cost effective route to market and prompt trading expertise.
How Habitat Energy’s OTE fits into the broader ESO project
Within the context of the Energy Superhub Oxford project, Habitat Energy will act as an asset optimiser for both the batteries included in the project – the Wärtsilä lithium-ion battery and the Invinity Energy Systems vanadium-flow battery – and the electric vehicles which form part of Oxford City Council’s fleet.
24 November 2020
Kensa Contracting webinar and virtual site tour
ESO partner, Kensa Contracting, recently hosted a webinar and virtual site tour, providing a behind-the-scenes look at the installation of their innovative ‘shoebox’ ground source heat pumps…