Optimiser Origami has entered Gore Street Energy Storage Fund’s 9MW Port of Tilbury battery into Dynamic Containment (DC) services.
This topped the volume of assets in DC to over 400MW for the first time, Origami added, against a published minimum requirement of 800MW for February 2021. The service has remained undersubscribed since its launch by National Grid ESO back in October 2020, due to the significant requirements demanded of participants.
Origami’s platform manages Gore Street’s Port of Tilbury battery across multiple stacked revenue streams. In January, National Grid ESO unlocked stacking of DC with the Balancing Mechanism, expanding the revenue options for battery owners and optimisers.
According to Dan Hodges, head of account management at Origami, intelligent and flexible technology will be key for asset-owners to “navigate this emerging complexity and to maximise the value of their investments”.
“Origami’s data platform provides real-time data and machine-learning tools that optimise the financial performance of batteries in this increasingly complex market. Used in combination with our Energy Router we provide a highly scalable control solution that enables energy companies to meet ESO’s demanding requirements for services such as Dynamic Containment as well as other balancing services and wholesale trading.”
The news follows Gore Street announcing that Arenko had been chosen to optimise its 10MW Lower Road site, including utilising the asset to provide DC services, earlier in February.
Alicja Kowalewska-Montfort from Gore Street added that the company had been working with Origami on the Port of Tilbury battery since it became operational in October 2019.
“We are delighted that they have helped us to get this asset into National Grid ESO’s Dynamic Containment service and look forward to working with them to generate further value with other future services”.