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.
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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