TWAICE: Profit Optimization for Stationary Energy Storages With Battery Analytics
TWAICE provides predictive analytics software that optimizes the development and operation of batteries. For the energy sector this means enhanced transparency and predictability of stationary battery storages. The results are optimized storage operations and reduced technology risks. The battery experts are now expanding their portfolio with an Operating Strategy Planner, a surefire method to extract maximum profit from stationary energy storages.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210331005480/en/
Optimized profit for stationary energy storages with the TWAICE Operating Strategy Planner (Photo: Business Wire)
Major utility companies are among the first customers to connect to the Operating Strategy Planner. According to Stephan Rohr, Co-CEO at TWAICE, others will soon follow suit: “There has been huge interest in the Operating Strategy Planner, which empowers owner and operator decision-making to deliver significant increases in return on investment for energy storage portfolios. We are delighted to have major utilities as first customers of this cutting-edge new product”.
Batteries are pivotal to the success of renewable energy. Their capacity to store and generate energy on demand is unique. It makes them a vital element of the storage solutions required to stabilize grids in the face of fluctuating and decentralized energy generation. As highly complex systems, batteries must be expertly managed if optimum performances are to be consistently delivered. The key: transparency into battery aging behavior.
Stationary energy storage use cases and operational constraints have differing effects on battery degradation. This has a large impact on the individual business case and risk profile. The TWAICE Operating Strategy Planner enables users to create scenarios and conduct sensitivity analyses for different use cases and boundary conditions. They can compare the scenarios and find the optimum and learn how long the storage will last with the selected strategy.
The software empowers storage operators and owners to achieve optimal returns under consideration of battery health. This means deploying sophisticated multi-use strategies and identifying the right mix, for example of intraday trading and frequency response. The algorithms that market the capacity of battery storages are provided with the most profitable boundary conditions for operation. The opportunity costs of each trade can be assessed, and the profits are maximized. All of this, while reducing the overall risk of unexpected battery aging over the lifetime.
TWAICE provides analytics software that optimizes the development and operation of lithium-ion batteries. TWAICE’s core technology is a software that combines deep battery knowledge and artificial intelligence to determine the condition and predict the aging and performance of batteries. As the leading battery analytics software for players in the mobility and energy sectors, TWAICE is committed to increasing the lifetime, efficiency, reliability, and sustainability of the products that power the economy of tomorrow.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210331005480/en/
Contact information
Press: Anna Lossmann
press@twaice.com +49 170 140 8146
https://twaice.com/newsroom/
About Business Wire
Business Wire(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
CGTN: A City on the Rebound: How Hong Kong Can Move Forward13.4.2021 19:57:00 CEST | Press release
The past two years have been tough on the world, not just due to the pandemic but also the geopolitical volatility that has roiled many countries and regions. In East Asia, the financial hub of Hong Kong has experienced its fair share of difficulties, but as life slowly returns to normal, problems that have plagued the city for decades remain. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210413006039/en/ (Photo: Business Wire) The city's brief history is well-documented – its humble industrialization in the 1970s coupled with the entrepreneurial spirit of its residents saw it become a bastion of wealth at a time when that part of the world was still economically stagnant. Coupled with a liberalized financial system and generous policies, the city catapulted itself toward the top, competing with mega-cities such as London and New York City. For all its glitz and glamour, Hong Kong contained contradictions that boiled over i
Tigo Intellectual Property Infringement Lawsuit against APS Continues to Grow13.4.2021 19:53:00 CEST | Press release
Tigo Energy, Inc., the solar industry worldwide leader in Flex-MLPE (Module Level Power Electronics), has filed a new lawsuit against Altenergy Power Systems (“APsystems”), in addition to its current ongoing case. The complaint includes four new patent infringement claims, as well as an additional claim from a patent asserted in the previously-filed lawsuit. The complaint was filed in the United States District Court for the Northern District of California. The total number of Patents-in-Suit in both cases now stands at six. The complaint includes all APsystems legal entities in the US as well as in China. The new complaint alleges that APsystems’ Sunspec-compliant products infringe the following U.S. patents: 8,653,689, 9,584,021, 9,966,848, 10,333,405, and 8,933,321. The complaint centers around various systems and methods used in the PV module rapid shutdown unit. Tigo’s industry leading solar equipment provides optimized, monitored and safe solar to protect this critical infrastruc
Maxon Announces Cinema 4D S2413.4.2021 18:05:00 CEST | Press release
Maxon, the developers of professional software solutions for motion designers and visual effects artists, today announced Cinema 4D Subscription Release 24 (S24). The latest subscription-only release of Maxon’s 3D application allows users to easily browse and obtain models, materials and other assets, and to intuitively place them within the scene. The release also includes key workflow enhancements and a sneak peek at continued progress on the Scene Nodes and Scene Manager interfaces to the new core. Cinema 4D S24 is immediately available for subscription customers. For perpetual license holders of Cinema 4D a release is scheduled later this year that will incorporate the features of S24, as well as future enhancements. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210413005918/en/ Maxon Cinema 4D S24 features placement tools, a new asset browser, animation workflow enhancements, and continued development on powerful nodes
Maxon Announces Redshift for macOS Including Native Support for M1-Powered Macs13.4.2021 18:05:00 CEST | Press release
Today, Maxon announced the immediate availability of Redshift for macOS including support for M1-powered Macs as well as Apple’s Metal Graphics API. Redshift, the award-winning, production-ready renderer, offers a rich feature set including ray switches, flexible shading networks, motion blur, AOVs, deep output, layered EXR and much more. Unlike other GPU renderers, Redshift is a biased renderer that enables artists to adjust the quality of individual techniques in order to get the best performance/quality balance for production. As a Universal solution, Redshift is optimized for high-end performance across both M1- and Intel-powered Macs. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210413005903/en/ Redshift for macOS signifies a milestone, bringing cutting-edge cinematic rendering to Mac artists. (Graphic: Business Wire) Redshift for macOS signifies a milestone, bringing cutting-edge cinematic rendering to Mac artists. A
Golden Euro-spiller tok rekordgevinst på € 3 millioner13.4.2021 17:29:00 CEST | Pressemelding
Champagnen flyter og feiringen er godt i gang hos Golden Euro Casino, etter at en heldig spiller tok jackpoten og vant en monstergevinst på € 3 746 291. Spillerens gevinst kom på Realtime Gamings enormt populære automat Aztec Millions. Det er den største gevinsten gjennom tidene på det progressive jackpotspillet, og hos Golden Euro. For å starte økten gjorde den 49 år gamle spilleren et kredittkortinnskudd på € 27, og hentet Golden Euros ettertraktede innskuddsbonus på 50 %. Dermed hadde hun € 54 til å spille med. Gevinsten kom fra en liten enkeltinnsats på € 5 plassert fra smarttelefonen hennes. Da hjulene stoppet opp og jackpoten ble utløst, ble spilleren umiddelbart mangemillionær. Adrian Berger hos Golden Euro Casino uttaler: “Vi er så glade for at en av spillerne våre har landet den største jackpotgevinsten noensinne på Realtime Gamings Aztec Millions. “Jeg snakket med spilleren kort tid etter at hun bekreftet gevinsten sin og hun var utrolig opprømt, selv om det at hun nå er en m
Agthia Embarks on Transformational Journey with its Strategy to Become an F&B Leader by 202513.4.2021 17:06:00 CEST | Press release
Agthia Group PJSC revealed its long-term strategy to become an F&B leader in the Middle East, North Africa and Pakistan (MENAP) region and beyond by 2025. The strategy is built on three strategic pillars (growth, efficiency and capability) and is designed to extend the Group’s market leadership, provide significant value for all stakeholders and continue to drive profitability growth with a consumer-centric approach. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210413005841/en/ Khalifa Sultan Al Suwaidi - Chairman - Agthia Group (Photo: AETOSWire) The Abu Dhabi-based organisation is engaged in manufacturing, distribution and marketing of a wide range of F&B products, including popular regional brands such as Al Ain (water), Al Foah (dates), Al Faysal Bakery & Sweets (bakery) and Grand Mills (flour and bakery) among others. Khalifa Sultan Al Suwaidi, Chairman, Agthia Group, said: “The strategy will unleash the full potentia
FRISS Acquires Terrene Labs to Expand Underwriting Efficiency13.4.2021 17:03:00 CEST | Press release
FRISS, the market leader in AI-powered fraud, risk and compliance solutions for P&C insurance carriers, today announced the acquisition of Terrene Labs. Industry leaders in providing Commercial Insurance providers with comprehensive Risk Insights, Terrene will be a fundamental addition to the FRISS product family. Commercial lines underwriters now have access to thousands of actionable insights within just 5 seconds, replacing a disjointed manual and limited enrichment process that previously took up to a week and delayed policies for quality customers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210413005837/en/ FRISS acquires Terrene Labs and welcomes them to their family. (Graphic: Business Wire) “We’re bringing commercial lines to the digital age together,” remarked FRISS CEO and Co-founder Jeroen Morrenhof. “True risk insights were always hard to access and we’re changing that. Combined with the analytics capabilitie