Origami is to manage distributed energy and flexibility company PeakGen’s battery asset in Peterborough in Dynamic Containment (DC) following a new partnership.
The company’s software will be used to extract operational data and automatically schedule ancillary services to draw out the most value possible.
The partnership follows record revenues seen in DC over recent months, with June 2022 seeing the clearing price hitting £105/MWh on June 25 – £1 more than the previous high in April.
Ian Graves, CEO of PeakGen, said: “The team at Origami are fellow new entrants to this landscape, and their take on digitalisation is a breath of fresh air that will help us get our assets into gear for the long haul, beginning with this switch to Dynamic Containment.”
PeakGen owns and operates a portfolio of about 200MW of reciprocating engines and battery storage in Britain. In June, its voltage management project developed together with National Grid ESO went live.
Origami, meanwhile, recently signed a 20-year Software-as-a-Service partnership with business energy generation and storage company Ylem Energy and partnered with Gresham House Energy Storage Fund and Habitat Energy for the operation of 50MW of battery energy storage systems.
“It’s important that distributed energy companies retain the market flexibility that makes them so versatile, and independent technology solutions go hand in hand with enabling that,” said Peter Bance, CEO of Origami.
“Our modular, open-by-design platform allows asset owners and operators to avoid relying entirely on single routes to market. We hope to work with PeakGen on more of their assets soon, and help them continue the fantastic work they’ve been doing to drive forward the UK’s energy transition.”
The company’s strategic account and innovation director David Middleton recently spoke as part of a webinar on the growth of flexibility in the energy system for the Energy Networks Association, hosted by Current±. You can watch the session in full, here.