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Business Models Brussels Dr John Harrison, B9 Energy Storage Ltd, 30 th Nov 2018 04.12.2018

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Page 1: Business Models Brussels - STORYhorizon2020-story.eu/wp-content/uploads/SessionI_JohnHarrison.pdf · Motor Compressor 2, Air pumped underground and stored for later use Exhaust Recu

Business Models – Brussels

Dr John Harrison, B9 Energy Storage Ltd, 30th Nov 2018

04.12.2018

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Technology - Compressed Air Energy Storage

Page 3: Business Models Brussels - STORYhorizon2020-story.eu/wp-content/uploads/SessionI_JohnHarrison.pdf · Motor Compressor 2, Air pumped underground and stored for later use Exhaust Recu

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Technology - Compressed Air Energy Storage

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Ireland’s target of 40% renewable electricity –primarily from wind – is the highest in the EU for an isolated, synchronous system.

Market Context

Page 5: Business Models Brussels - STORYhorizon2020-story.eu/wp-content/uploads/SessionI_JohnHarrison.pdf · Motor Compressor 2, Air pumped underground and stored for later use Exhaust Recu

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Oct 2018

Launch of i-SEM, on October 01 2018, marks the re-definition of the electricity market in Ireland and Northern Ireland.

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Business model for distributed CAES

1. Energy Trading Arrangement -Arbitrage

2. Capacity Remuneration Mechanism 3. DS3 – System Services compensation

for flexibility

4. Generation on Demand Services5. Load on Demand Services

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Development of control systemstrategy for arbitrage

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Development of control systemstrategy for arbitrage

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