Terralayr, in collaboration with Vattenfall, has signed a 7-year agreement to provide energy flexibility services through a multi-asset tolling model. This innovative approach combines 55 MW from eight battery sites across Germany into over 100 MW of power, allowing smaller storage systems to access large-scale energy contracts. The model enhances reliability, eliminates capital expenditure, and offers scalable revenue opportunities, transforming the landscape of energy storage by utilizing interconnected battery systems instead of traditional large-scale facilities.
"By aggregating many smaller storage systems into one virtual asset, we make flexible capacity available exactly when and where it's needed - delivering higher reliability than a single large-scale physical battery and none of the overhead. Our flexibility platform can do this at scale, across asset types and geographies."
"Due to its decentralised nature, Terralayr's battery storage network can be ideally integrated into our automated trading processes," says Hon.
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