The art of a well-written algorithm

Large battery storage systems are taking on an increasing number of tasks in the German grid, meaning that the volume and speed of transactions can no longer be managed without computers. As Jochen Siemer reports, traders are working on algorithms to fully automate transactions.

By

Jochen Siemer

10 Jun 2024

The team at Hamburg-based startup Suena offers energy trading software as a service to optimize the scheduling of battery assets and deliver maximum returns. | Photo: Suena

In Germany, three digit growth rates illustrate the recent interest in large-scale battery systems. The Federal Network Agency (Bundesnetzagentur) has registered 169 sites larger than 1 MW, the oldest dating back to 2014. They have 1.26 GW of output and 1.43 GWh of capacity.Norwegian company Eco Stor AS and its German subsidiary Eco Stor GmbH …

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