Peek into key insights from the events we attended in June 👇 🔋 TWAICE Batteries & Pretzels - Munich, DE 🔵 More investors are showing increased appetite for utility scale BESS: they appreciate the fact that it's a growth market. They are also looking at technology partners such as TWAICE and our insurance partners to mitigate and manage risk. 🔵 BESS integrators have recognized that the increasing number of installed BESS units is generating a substantial amount of O&M work, which is straining their service capacities. As a result, they are proactively reaching out to us. They seek our assistance in optimizing their O&M activities through battery analytics, which can enable predictive maintenance and improve overall efficiency. 🔋 The Smarter E - Munich, DE 🔵 Safety and availability are seen as the key focus areas. Overall, the event underscored a strong industry push towards more efficient, flexible, and sustainable energy storage solutions, addressing the needs of both residential and large-scale applications. 🔵 SoC imbalances are one of the key problems affecting the batteries potential. Our new Performance Manger helps to identify underperforming components and to maximize returns of our clients' battery storage systems. 🔋 The Battery Show EU & the Volta Foundation Battery Pub Happy Hour - Stuttgart, DE 🔵 Advances in battery testing, simulation, and digital twin technologies were a key focus, aimed at enhancing battery performance and reliability. 🔵 The development and scaling of prototype battery cells, along with robust testing and lifetime performance models, were emphasized as crucial for advancing battery technology. 🔋 Clean Buses USA - Washington, D.C. USA 🔵 Most fleets are very limited but plans for full electrification until 2030 to 2045 were voiced. 🔵 Customers were concerned about battery fires but mostly from the perspective of lacking standards and uncertainty associated with it. 🔋 ACP RECHARGE Energy Storage Summit - Portland, OR, USA 🔵 Project development are not slowed, capital is still flowing into project portfolio. Uncertainty around open tax credit questions does have a drag on capital. 🔵 Geopolitical concerns with batteries being a key economic input controlled largely by China. The IRA is encouraging lots of investment in both US battery production as well as downstream ESS product and project creation. There are also many concerns with shipping channel disruptions. — #TWAICE unleashes the full potential of batteries with battery analytics software #batteries #batterystorage #batteryanalytics #electricvehicles
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