Business Models for BESS to Produce Lucrative Revenue Streams
28 September 2022 by Conrad Nichols
The means for a battery to produce revenues for a company or utility provider are vast, from power purchase agreements and revenue stacking opportunities to taking part in virtual power plant schemes. This article aims to cover a brief view of the business models and revenue streams pertaining to battery energy storage systems (BESS). Markets and mechanisms for turning these assets into profitable ventures are discussed.
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