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341 Systems courses in Edinburgh

Battery Energy Storage Systems (BESS) in Electricity Markets and Trading

By EnergyEdge - Training for a Sustainable Energy Future

About this Course Batteries are going to play an increasingly important role in the energy grid. An increasing number of developers are looking to add battery storage systems (BESS) into their existing projects. However future cash flows are highly uncertain and they are often unsure exactly how battery technology can be monetised. A strong revenue model requires stacking of different revenue sources. As the share of variable renewable sources in electricity systems further increase, battery systems are expected to play a growing role by providing frequency control and operational reserves as well as for wholesale arbitrage, while helping reduce grid integration costs. The more volatile electricity prices are, the greater the earning potential of batteries trading electricity on various electricity markets. BESS can generate revenue streams in several different ways; through a frequency response contract with the TSO, by providing grid services in other ways or by arbitrage through buying cheap power and selling power for a higher price in a liquid wholesale market. Because batteries are efficient, the round trip efficiency is also high. They can spread arbitrage trading much better than other storage types and in many cases, other asset classes. For companies that combine a battery with other tasks, for example to store power from their own panels, or to avoid a costly heavy power connection, the investment is less risky than for those that purely focus on arbitrage trading. It is uncertain whether electricity prices will fluctuate more violently in the coming years, or whether the peaks will actually level off. During this highly interactive training, the trainer will provide you with the latest insights and best practices on how to obtain the maximum economic benefits when participating with BESS in the electricity market. Training Objectives By the end of this course, the participants will be able to: Discover the different BESS battery technologies and their impact on the grid Understand the role of storage in providing flexibility to the power system Examine the potential revenue streams from BESS models Learn how profit can generated with BESS trading strategies Determine how to optimize the value from BESS projects Find out how to combine BESS with renewable PPAs Target Audience Professionals and executives from Power Utilities, Energy Companies, Financial & Investment Banks, Renewable Power Project Developers, Transmission System Operators and Energy Industry Regulators will find this training course useful. Electricity Marketing and Traders New Venture or Business Development Executives Corporate Finance and Treasury Executives Audit and Risk Management Executives Power or Utility Market Research Analysts Investment Managers for Renewable Power Projects Origination Professionals Regulation, Compliance and Documentation Officers Lawyers and Accountants Power Transmission and Distributions Engineers Trainer Our key expert is a skilled and accomplished professional with over 25 years' of extensive senior management / board level experience in the energy markets worldwide. Next to advising energy companies, banks, consultants and regulators regarding PPAs, our key expert has also conducted several highly successful training courses about Power Purchase Agreements, Power Project Finance, IPPs, and Project Risk Management to over 1,000 high level participants from Asia, Africa, Europe and Middle East. He was a member of the expert commission of the Dutch Government for 2 offshore wind parks, Hollandse Kust (zuid) Wind Farm Zone Sites 3 and 4 that advised on which of the 5 applicants did provide the best security and solutions associated with the electricity and green certificate prices, the construction and operational risks of the project. POST TRAINING COACHING SUPPORT (OPTIONAL) To further optimise your learning experience from our courses, we also offer individualized 'One to One' coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster. Request for further information post training support and fees applicable Accreditions And Affliations

Battery Energy Storage Systems (BESS) in Electricity Markets and Trading
Delivered in Internationally or OnlineFlexible Dates
£2,837 to £3,299

C01EX - BS 5839-1 RQF Award Examination (online)

5.0(1)

By Ember Compliance

The RQF examination allows learners to demonstrate knowledge of BS 5839-1: 2017 as part of competence in the design, installation, commissioning, and maintenance of FD&FA systems.

C01EX - BS 5839-1 RQF Award Examination (online)
Delivered Online + more
£249

C30M01 - Evacuation Alert systems - BS 8629 (classroom)

5.0(1)

By Ember Compliance

Learners will be introduced to EAS as part of the fire safety solution for tall residential properties. This CPD course provides learners with an understanding of the requirements of BS 5839-1 in relation to, design, installation, commissioning, and maintenance of EAS.

C30M01 - Evacuation Alert systems - BS 8629 (classroom)
Delivered In-PersonFlexible Dates
£230

C40M02 - Emergency Lighting – Install, Test, Maintain (classroom)

5.0(1)

By Ember Compliance

This is an intensive installation, commissioning, and maintenance course for emergency lighting systems. It is a follow on from our Foundation course on emergency lighting where the requirements of installation, commissioning, and maintenance are considered.

C40M02 - Emergency Lighting – Install, Test, Maintain (classroom)
Delivered In-Person in Broxburn + more
£230

C01M05 - FD&FA Maintenance principles - BS 5839-1 (online)

5.0(1)

By Ember Compliance

Learners will develop knowledge from the FD&FA foundation module and/or industry experience and apply this to the maintenance of FD&FA systems.

C01M05 - FD&FA Maintenance principles - BS 5839-1 (online)
Delivered Online + more
£230

C10M04 - Fire Product auditing (classroom)

5.0(1)

By Ember Compliance

This course provides the basic requirements for auditing IFD&FA systems to BS 5839-1 to certification bodies' standards. The course enables certified contractors to conduct objective auditing of their own systems.

C10M04 - Fire Product auditing (classroom)
Delivered In-Person in Broxburn
£230

C10M09 - Gas Extinguishing Detection & Electrical Actuation BS 6266 & BS 7273-1 (Online)

5.0(1)

By Ember Compliance

Learners will develop knowledge of FD&FA systems and apply this to the provision of detection and electrical actuation for gas extinguishing systems.

C10M09 - Gas Extinguishing Detection & Electrical Actuation BS 6266 & BS 7273-1 (Online)
Delivered Online
£420

C02M01 - FD&FA Domestic - BS 5839-6 (Classroom)

5.0(1)

By Ember Compliance

Delegates will develop knowledge of the requirements for the design, installation and commissioning of Fire Detection and Fire Alarm systems within domestic properties in compliance with the requirements of BS 5839-6 and other codes of practice.

C02M01 - FD&FA Domestic - BS 5839-6 (Classroom)
Delivered In-Person in Broxburn
£230

C40M01 - Emergency Lighting – Foundation (classroom)

5.0(1)

By Ember Compliance

This is an intensive installation, commissioning, and maintenance course for emergency lighting systems. It is a follow on from our Foundation course on emergency lighting where the requirements of installation, commissioning, and maintenance are considered.

C40M01 - Emergency Lighting – Foundation (classroom)
Delivered In-Person in Broxburn
£230

C10M02 - Actuation of door release mechanisms - BS 7273-4 (classroom)

5.0(1)

By Ember Compliance

Learners will develop knowledge from the FD&FA foundation courses (C01 modules 1 and 2) and/or industry experience with specific regard to more complex system design considerations.

C10M02 - Actuation of door release mechanisms - BS 7273-4 (classroom)
Delivered In-Person in Broxburn
£230
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