Cornwall Insight Australia provides modelling and analysis of ancillary services markets, including FCAS and potential investments in flexibility, firming, BPP, ancillary services, and other emerging markets. Our in-house battery optimisation model forecasts the battery potential revenues and costs in the electricity market over the asset’s lifetime, considering various technical and market constraints.
We inform our clients about emerging markets such as Fast Frequency Response (FFR), inertia and investment opportunities, and additional revenue streams. We also advise on firming for renewable plants and flexibility for the power system through different technologies, such as batteries and hydrogen energy storage.
We support with the following:
- Modelling and analysis of ancillary services markets
- Optimisation of battery 30-minute performance in the NEM over its lifetime
- Providing advice on emerging markets and potential revenue streams such as FFR and inertia
- Modelling flexibility and firming provision through different technologies such as batteries and hydrogen storage