ComTech Advisory is excited to announce the launch of new market research focused on battery analytics and trading solutions. This new study follows our last year research on Virtual Power Plant (VPP) technologies (available for download here: VPP Market Study – ETT Center | ETT Center) and recently published report on AI in Energy and Commodities (AI in Energy and Commodities – ETT Center). In coming years energy transition will focus especially on power grid expansions and the development of flexibility markets, where Battery Energy Storage Systems (BESS) play a crucial role, see, for example, Battery Energy Storage Systems (BESS) as a Key Flexibility Provider – ETT Center. The demand for solutions that enable battery market participation is growing. Examining the battery value chain, we can identify three main types of solutions: Battery Management Systems (BMS), Energy Management Systems (EMS), and trading & analytics solutions. The BMS is typically provided by battery manufacturers as part of the hardware package. These solutions must meet increasingly complex requirements, including the estimation of Remaining Useful Life (RUL), State of Charge, enhanced safety measures, cybersecurity, real-time interfacing, support for emerging battery chemistries, and compliance with regulations such as the Battery Passport. EMS, often developed… continue reading