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Sembcorp to use Modo's data intelligence platform to gain 'key insights'

Image: Sembcorp.

Image: Sembcorp.

Battery storage firm Sembcorp Energy UK has subscribed to Modo Energy’s data intelligence platform.

The platform provides what Sembcorp described as “unrivalled” intelligence on energy markets and ancillary services, with the company set to optimise its energy storage portfolio in order to maximise value across different markets using the platform.

Ian Tanner, commercial operations manager at Sembcorp Energy UK, said the platform will provide the company with “key insights, industry news and real-time market intelligence that is really valuable”.

Sembcorp Energy UK will also be providing feedback to help shape and develop the platform.

The company pointed to the shifts in consumer demand patterns and increases in renewables, meaning more flexible solutions are needed. Sembcorp itself is to have a battery fleet of 120MW in 2021, having switched on its first 60MW of storage – comprising of three 20MW sites - in October 2019.

Quentin Scrimshire, CEO of Modo Energy, said: "Working with Sembcorp Energy UK is awesome – they’re serious about the energy transition and so are we. It’s a win-win relationship. Sembcorp gains a real competitive edge by using the Modo platform while our close communication helps us build, test, and deploy new features."

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