SlideShare a Scribd company logo
© Wärtsilä
WEBINAR
Auto-Bidding: Optimising battery performance
through energy management systems
© Wärtsilä2
Speakers
Energy Storage and Optimisation
Luke Witmer
General Manager,
Data Science,
Energy Storage and
Optimisation,
Wärtsilä Energy Business
Loïc Charmoille
Business Development
Manager,
Energy Storage and
Optimisation,
Wärtsilä Energy Business
© Wärtsilä3
Agenda
Introduction to Wärtsilä
Wärtsilä Energy Solutions and Energy Storage Systems
References
GridSolv
Australian Market, Australian FCAS 2019
GEMS, Cybersecurity
GEMS: Product Suite, Cybersecurity, IntelliBidder, Optimisation
Summary
Demo
Q&A
Energy Storage and Optimisation
© Wärtsilä4
200 LOCATIONS
Financials are for fiscal year 2019. Location, personnel and nationalities figures are approximations based on the status in December 2019.
in sustainable solutions for the
marine and energy markets
Global Leader
Energy Storage and Optimisation
© Wärtsilä© Wärtsilä PUBLICPUBLIC
Enabling sustainable societies
with smart technology
5
FOR A SUSTAINABLE
FUTURE
INNOVATING
SINCE 1834
TOGETHER
Energy Storage and Optimisation
© Wärtsilä© Wärtsilä PUBLIC6
Wärtsilä Energy Business leads the transition towards
a 100% RENEWABLE ENERGY FUTURE.
We help our customers unlock the value of the
energy transition by optimising their energy
systems and future-proofing their assets.
Our offering comprises flexible power plant solutions,
energy management systems, and storage, as well as lifecycle
services that ensure increased efficiency and guaranteed
performance. Wärtsilä has 72 GW of installed power plant
capacity in 180 COUNTRIES around the world.
Energy Storage and Optimisation
© Wärtsilä7 Energy Storage and Optimisation
Lifecycle services encompass
performance and maintenance
management as well as
operational expertise, leading to
safe, reliable, and environmentally
sustainable operations.
ENERGY BUSINESS
FLEXIBLE POWER PLANTS ENERGY STORAGE AND OPTIMISATION LIFECYCLE SERVICES
Energy storage solutions that build a
resilient and intelligent power system.
Industry-leading software can optimise
any of the customer’s assets and
power systems.
Flexible power plants utilising
modular and future-proof
technology to provide the best
means of support to the
power system.
© Wärtsilä Energy Storage and Optimisation8
WÄRTSILÄ GRIDSOLV MAX
Container
Standardisation
Our standardized
GridSolv Max
container is a
COST-EFFECTIVE
SOLUTION for
meeting customer
energy needs
while adequately
protecting their
hardware assets
© Wärtsilä9
OVER 650MW IN OPERATION, DEPLOYED OR CONTRACTED
HIGHLIGHTED PROJECTS:
WÄRTSILÄ GLOBAL PROJECTS
Energy Storage and Optimisation
© Wärtsilä Energy Storage and Optimisation
REAL-TIME MARKETS
10
Real-time markets: Many commonalities. Many differences.
We offer configurable
automated bidding
solutions for:
• ERCOT (Texas)
• CAISO (California)
• MISO (Midwest)
• AEMO (Australia)
• National Grid ESO (UK)
COMMONALITIES:
• Real-time market is cleared on
5-minute intervals
• Several rounds of bidding occur
ahead of dispatch (week ahead, day
ahead, hour ahead, …)
• One energy market for
generation/load: bids are placed to
supply/use an amount of power (energy)
• Other markets for frequency
regulation: bids are placed to provide
frequency control ancillary services in
power capacity
• Most other ISOs, both inside and
outside the US, have similar structure
• Settlement,
• Types of ancillary services
• Bid timing
• Penalties
• Incentives…
DIFFERENCES:
© Wärtsilä Energy Storage and Optimisation11
AUSTRALIAN MARKET OVERVIEW
AEMO Market Description
The table shows the change
of the FCAS and Energy Market
prices from 2017–2019:
All Units are average AUD/MWh
(numbers in orange boxes show a
SIGNIFICANT SHIFT in prices
between 2018 and 2019)
Energy Market + 8 FCAS Markets: •
Regulation Raise/Lower
• 6 sec Raise/Lower
• 60 sec Raise/Lower
• 5 min Raise/Lower
The contingency services
(6 sec, 60 sec, 5 min) interleave,
and are
deployed sparingly for large
frequency deviations
Markets are dispatched
and cleared on
5-minute dispatch
intervals by NEMDE
© Wärtsilä12
ENERGY STORAGE AND OPTIMISATION
Optimised
Flexible
Generation
Analyzer
Site Simulator
Site Controller
Fleet Director
SECURE, FLEXIBLE,
SCALABLE
DEPLOYED IN 70+
PROJECTS GLOBALLY
OPTIMISESALL
GENERATION ASSETS
Energy Storage and Optimisation
GEMS Solutions Suite
A SUITE OF PROPRIETARY SOFTWARE
PRODUCTS FOR BUILDING,
MONITORING AND INTELLIGENTLY
OPERATING POWER PLANTS
AND ENERGY RESOURCES
The leading energy system
management platform
© Wärtsilä Energy Storage and Optimisation13
Two options:
GEMS INTELLIBIDDER
LINEAR/QUADRATIC PROGRAMMING
• Formal optimisation à Maximise profit
• Requires detailed model definition
• Enables more control and human interactions
• Provides a detailed forecasted view
REINFORCEMENT LEARNING
• Trained explicitly on historic data
• Exploration and exploitation
• More like a black box
© Wärtsilä Energy Storage and Optimisation14
Battery usage profile tuned with cost parameters
OPTIMISATION PARAMETERS
10 $/MWh
THROUGHPUT
30 $/MWh
THROUGHPUT
© Wärtsilä Energy Storage and Optimisation15
Raw AEMO 15-hour pre-dispatch energy market forecasts
are not very accurate
PRE-DISPATCH FORECAST ACCURACY
© Wärtsilä Energy Storage and Optimisation16
Wärtsilä GEMS:
End-to-End Bidding and Dispatch Solution
SYSTEM OPERATOR INTEGRATION
• Dispatch instruction
handling
• Self response to
contingency events
• AGC signal handling
• Real-time Plant
operation
• Market trading
optimisation
• Data historian
and analytics
• Battery health
forecast
• Remote O&M
© Wärtsilä17
SUMMARY
GEMS Value Proposition
Energy Storage and Optimisation
Future Proof Assets
• Repurpose existing
ESS assets
• Flexible augmentation
plans
• No equipment lock-in
Speed to Market
• Project development
in weeks
• Site commissioning
in days
• Software updates
in minutes
Maximise ROI
• Optimise
equipment sizing
• Advanced
algorithm design
• Co-optimise
hybrid asset operation
Platform Maturity
• 9 years development;
5th gen
• 70+ projects
• Cybersecurity best
practices
• End-to-end project
management from
design to O&M
© Wärtsilä18 Energy Storage and Optimisation
Demo!
© Wärtsilä19 Energy Storage and Optimisation
Auto-Bidding: Optimizing battery performance through energy management systems

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Auto-Bidding: Optimizing battery performance through energy management systems

  • 1. © Wärtsilä WEBINAR Auto-Bidding: Optimising battery performance through energy management systems
  • 2. © Wärtsilä2 Speakers Energy Storage and Optimisation Luke Witmer General Manager, Data Science, Energy Storage and Optimisation, Wärtsilä Energy Business Loïc Charmoille Business Development Manager, Energy Storage and Optimisation, Wärtsilä Energy Business
  • 3. © Wärtsilä3 Agenda Introduction to Wärtsilä Wärtsilä Energy Solutions and Energy Storage Systems References GridSolv Australian Market, Australian FCAS 2019 GEMS, Cybersecurity GEMS: Product Suite, Cybersecurity, IntelliBidder, Optimisation Summary Demo Q&A Energy Storage and Optimisation
  • 4. © Wärtsilä4 200 LOCATIONS Financials are for fiscal year 2019. Location, personnel and nationalities figures are approximations based on the status in December 2019. in sustainable solutions for the marine and energy markets Global Leader Energy Storage and Optimisation
  • 5. © Wärtsilä© Wärtsilä PUBLICPUBLIC Enabling sustainable societies with smart technology 5 FOR A SUSTAINABLE FUTURE INNOVATING SINCE 1834 TOGETHER Energy Storage and Optimisation
  • 6. © Wärtsilä© Wärtsilä PUBLIC6 Wärtsilä Energy Business leads the transition towards a 100% RENEWABLE ENERGY FUTURE. We help our customers unlock the value of the energy transition by optimising their energy systems and future-proofing their assets. Our offering comprises flexible power plant solutions, energy management systems, and storage, as well as lifecycle services that ensure increased efficiency and guaranteed performance. Wärtsilä has 72 GW of installed power plant capacity in 180 COUNTRIES around the world. Energy Storage and Optimisation
  • 7. © Wärtsilä7 Energy Storage and Optimisation Lifecycle services encompass performance and maintenance management as well as operational expertise, leading to safe, reliable, and environmentally sustainable operations. ENERGY BUSINESS FLEXIBLE POWER PLANTS ENERGY STORAGE AND OPTIMISATION LIFECYCLE SERVICES Energy storage solutions that build a resilient and intelligent power system. Industry-leading software can optimise any of the customer’s assets and power systems. Flexible power plants utilising modular and future-proof technology to provide the best means of support to the power system.
  • 8. © Wärtsilä Energy Storage and Optimisation8 WÄRTSILÄ GRIDSOLV MAX Container Standardisation Our standardized GridSolv Max container is a COST-EFFECTIVE SOLUTION for meeting customer energy needs while adequately protecting their hardware assets
  • 9. © Wärtsilä9 OVER 650MW IN OPERATION, DEPLOYED OR CONTRACTED HIGHLIGHTED PROJECTS: WÄRTSILÄ GLOBAL PROJECTS Energy Storage and Optimisation
  • 10. © Wärtsilä Energy Storage and Optimisation REAL-TIME MARKETS 10 Real-time markets: Many commonalities. Many differences. We offer configurable automated bidding solutions for: • ERCOT (Texas) • CAISO (California) • MISO (Midwest) • AEMO (Australia) • National Grid ESO (UK) COMMONALITIES: • Real-time market is cleared on 5-minute intervals • Several rounds of bidding occur ahead of dispatch (week ahead, day ahead, hour ahead, …) • One energy market for generation/load: bids are placed to supply/use an amount of power (energy) • Other markets for frequency regulation: bids are placed to provide frequency control ancillary services in power capacity • Most other ISOs, both inside and outside the US, have similar structure • Settlement, • Types of ancillary services • Bid timing • Penalties • Incentives… DIFFERENCES:
  • 11. © Wärtsilä Energy Storage and Optimisation11 AUSTRALIAN MARKET OVERVIEW AEMO Market Description The table shows the change of the FCAS and Energy Market prices from 2017–2019: All Units are average AUD/MWh (numbers in orange boxes show a SIGNIFICANT SHIFT in prices between 2018 and 2019) Energy Market + 8 FCAS Markets: • Regulation Raise/Lower • 6 sec Raise/Lower • 60 sec Raise/Lower • 5 min Raise/Lower The contingency services (6 sec, 60 sec, 5 min) interleave, and are deployed sparingly for large frequency deviations Markets are dispatched and cleared on 5-minute dispatch intervals by NEMDE
  • 12. © Wärtsilä12 ENERGY STORAGE AND OPTIMISATION Optimised Flexible Generation Analyzer Site Simulator Site Controller Fleet Director SECURE, FLEXIBLE, SCALABLE DEPLOYED IN 70+ PROJECTS GLOBALLY OPTIMISESALL GENERATION ASSETS Energy Storage and Optimisation GEMS Solutions Suite A SUITE OF PROPRIETARY SOFTWARE PRODUCTS FOR BUILDING, MONITORING AND INTELLIGENTLY OPERATING POWER PLANTS AND ENERGY RESOURCES The leading energy system management platform
  • 13. © Wärtsilä Energy Storage and Optimisation13 Two options: GEMS INTELLIBIDDER LINEAR/QUADRATIC PROGRAMMING • Formal optimisation à Maximise profit • Requires detailed model definition • Enables more control and human interactions • Provides a detailed forecasted view REINFORCEMENT LEARNING • Trained explicitly on historic data • Exploration and exploitation • More like a black box
  • 14. © Wärtsilä Energy Storage and Optimisation14 Battery usage profile tuned with cost parameters OPTIMISATION PARAMETERS 10 $/MWh THROUGHPUT 30 $/MWh THROUGHPUT
  • 15. © Wärtsilä Energy Storage and Optimisation15 Raw AEMO 15-hour pre-dispatch energy market forecasts are not very accurate PRE-DISPATCH FORECAST ACCURACY
  • 16. © Wärtsilä Energy Storage and Optimisation16 Wärtsilä GEMS: End-to-End Bidding and Dispatch Solution SYSTEM OPERATOR INTEGRATION • Dispatch instruction handling • Self response to contingency events • AGC signal handling • Real-time Plant operation • Market trading optimisation • Data historian and analytics • Battery health forecast • Remote O&M
  • 17. © Wärtsilä17 SUMMARY GEMS Value Proposition Energy Storage and Optimisation Future Proof Assets • Repurpose existing ESS assets • Flexible augmentation plans • No equipment lock-in Speed to Market • Project development in weeks • Site commissioning in days • Software updates in minutes Maximise ROI • Optimise equipment sizing • Advanced algorithm design • Co-optimise hybrid asset operation Platform Maturity • 9 years development; 5th gen • 70+ projects • Cybersecurity best practices • End-to-end project management from design to O&M
  • 18. © Wärtsilä18 Energy Storage and Optimisation Demo!
  • 19. © Wärtsilä19 Energy Storage and Optimisation