In the wind and solar power industries, software used to improve the performance of energy assets has been rapidly adopted and improved. Steve Hanawalt, executive vice president and co-founder of Power Factors, a renewable energy software and service group, believes that although the adoption of digital technology in the field of battery energy storage is slow, investors in large-scale energy storage projects are increasingly aware of management software the power of.
The Battery Energy Storage System is known as an innovative new technology that can solve the intermittent problem of renewable energy power generation and create a series of new sources of income for energy storage operators. But it is still lagging behind in terms of digitization.
In the increasingly mature fields of wind and solar power generation, digital asset management software is becoming a prerequisite for effective portfolio operations, providing energy asset managers and their increasingly savvy investors with a way to monitor performance, manage technology and business risks, Ways to prolong the life of assets and ultimately get returns.
Of course, energy storage systems are a newer asset class than wind power and solar power. In addition, its main interface is a more traditional power grid, and the pace of digital innovation in the power grid is obviously slower than that of renewable energy power generation facilities.