GIGA Storage offers energy producers or consumers Storage-As-A-Service (StaaS) to quickly respond to fluctuations in the energy market.
In the current energy transition, we are moving from fossil energy sources for electricity generation such as gas and coal to sustainable energy sources such as sun and wind. When generating electricity with sun and wind, we can only use the sustainable energy source when it is available, namely when the sun shines and when the wind blows. This is also called “non-controllable” electricity generation, because we do not simply switch this generation on or off, or higher or lower.
For the energy system, this means that it is difficult to predict how much sustainable energy is available during a day. This also applies to sustainable energy producers/customers with solar and wind energy that they sell to customers or the energy market.
Batteries can be used briefly to compensate for these shortages and surpluses in sustainable energy generation or to help keep the energy system in balance by actively offering balancing products to national or regional grid operators.
StaaS is our service for electricity storage where the customer has access to controlling a battery via the GIGA IT Platform and can therefore use the battery as smartly as possible in combination with the own electricity portfolio of energy consumers and generators. The customer can use the quickly adjustable power of a battery for different markets such as the intra-day, FRC, aFRR and imbalance market. For the purchase of STAAS, commercial agreements and technical preconditions are laid down in long-term contracts that make it possible to use (part of) the storage capacity according to your own needs.
GIGA Storage realizes large-scale sustainable energy storage.
By Smart use of large-scale energy storage allows parties to be connected more quickly at lower social costs, using more sustainable energy and allowing fossil fuel power stations to be closed more quickly.