HomeTrack RecordCoordinating DiÓptiBa: turning market prices and forecasting into battery dispatch decisions
[ TRACK RECORD INDEX ]
VERIFIED RECORD
SpainLOCATION
N/A — R&D project, no associated assetCAPACITY
R&D coordination and definition of value proposition and cost/service models for a BESS market optimisation platformSCOPE
2022DATE
Case ReportDEVELOP & BUILD

One Hub Energy advised

Eurecat

Coordinating DiÓptiBa: turning market prices and forecasting into battery dispatch decisions

Coordination of DiÓptiBa, a collaborative R&D project with Eurecat funded under Spain's 2021 Public-Private Collaboration call, developing an intelligent platform for battery participation in electricity markets, together with the definition of its value proposition and cost/service models.

01
Background

The economics of a battery depend on when it charges and when it discharges, which in turn depends on prices that are not known in advance. Making that decision systematically requires both an optimisation layer driven by market prices and a forecasting layer, and neither is useful to a project developer unless it is wrapped in a defensible way of evaluating BESS projects. The collaborative R&D project set out to build that platform.

02
Process

One Hub Energy coordinated DiÓptiBa, the collaborative R&D project run with Eurecat and funded under Spain's 2021 Public-Private Collaboration call. On the technical side, the project developed an intelligent platform to optimise battery storage participation in electricity markets, combining market-price-driven charge and discharge optimisation with AI-based forecasting. On the commercial side, One Hub Energy defined the platform's value proposition and its cost and service models for BESS project evaluation, so that the research output had a route to being used on real projects. Acting as coordinator also meant holding the R&D collaboration to the structure and reporting expected of a publicly funded call.

03
Outcome

"The project produced an intelligent platform concept for optimising battery participation in electricity markets, combining price-driven charge/discharge optimisation with AI-based forecasting, together with the value proposition and the cost and service models for evaluating BESS projects with it. One Hub Energy held the coordination role throughout."

One Hub Energy VERIFIED RECORD
No project photo
SPAIN
DOSSIER SPEC SHEETVERIFIED
Client EntityEurecat
GeographySpain
CapacityN/A — R&D project, no associated asset
Date2022
Delivered to the client6 items
  • Coordination of the DiÓptiBa collaborative R&D project with Eurecat
  • Definition of the platform's value proposition for BESS project evaluation
  • Cost and service models for the platform
  • Market-price-driven charge/discharge optimisation approach for battery storage
  • AI-based forecasting component integrated into the optimisation
  • Project structure and reporting for Spain's 2021 Public-Private Collaboration call
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Backed by Octopus Energy Generation
Proyecto SNEO-20231420 subvencionado por el CDTI. Gobierno de España, Ministerio de Ciencia, Innovación y Universidades.Financiado por ENISAProyecto CPP2021-008632 financiado por MCIN/AEI/10.13039/501100011033 y por la Unión Europea NextGenerationEU/PRTR.

Proyecto SNEO-20231420 (OneFlex) subvencionado por el CDTI · Proyecto CPP2021-008632 (DiÓptiBa) financiado por MCIN/AEI/10.13039/501100011033 y por la Unión Europea NextGenerationEU/PRTR · Proyecto PR-NMN-01-2023-000444 (OneBESS) financiado por la Unión Europea — NextGenerationEU, a través del IDAE (Ministerio para la Transición Ecológica y el Reto Demográfico), en el marco del Plan de Recuperación, Transformación y Resiliencia.

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