Transmission

Energy trading agreements come in all sorts of shapes and sizes - from simply priced physical and financial trading of energy products, to much more complex arrangements. Originators and traders need to understand market dynamics, potential risks and upsides, asset capabilities - and that’s just the tip of the iceberg. On the latest episode of Modo: The Podcast, Vishnu Aggarwal (Deputy VP of Origination and Renewables, SmartestEnergy) joins Quentin to talk about his experiences of renewable energy origination and trading. Over the course of their conversation, they discuss:The fascinating world of carbon markets and certifications - and how we can improve them.The ins and outs of energy trading, and an explanation of how different types of Power Purchase Agreements (PPAs) work.What Renewable Energy Guarantees of Origin (REGOs) are, and why they’re so controversial.The growing market for ‘green suppliers’. What does “100% renewable energy” look like for the end consumer? And how do we make it the norm?And, of course, SmartestEnergy’s role in all of this.Procuring renewable electricity is the most effective way to start the journey to net-zero. As a leading purchaser of independent generation, supplier of renewable electricity, and provider of demand response services, SmartestEnergy helps smart businesses achieve their energy goals.For more information on SmartestEnergy, head to: https://www.smartestenergy.comFind Vishnu on LinkedIn: linkedin.com/in/vishnu-aggarwal-cfa-a2456821Modo’s all-in-one Asset Success Platform provides data, research, benchmarking and forecasting tools to help you get the most out of your energy storage assets. To find out how we can help you build the future energy system, check out: https://modo.energy/To keep up with all of our latest Insights, follow us on LinkedIn: https://www.linkedin.com/company/modo-energy/Find us on Instagram: https://www.instagram.com/modo_energy/

Quentin Draper-Scrimshire, CEO and co-founder of Modo Energy, shares his dynamic journey through the energy sector, from engineering roots to leading an innovative startup. He dives into the vital concept of Asset Success, emphasizing the need for data and forecasting in optimizing battery energy storage. Discussing the future, Quentin reflects on the role of hydrogen, anticipated battery capacity growth, and hurdles in achieving net-zero. His optimistic vision for the energy landscape and Modo's efforts to innovate illustrate a promising path forward in energy storage.

Solar energy is a huge player in the journey to net zero - and it turns out that Great Britain is an excellent place to deploy this technology! There’s far more than meets the eye to this often seemingly passive energy producer. In this episode Ross Grier (Managing Director at NextEnergy Capitol) chats to Quentin about the following topics:Ross’s story and an overview of NextEnergy Capital and what they do.How solar markets work and a look into investments.Insight into the problems solar technologies face and these are being tackled to make solar as efficient as possible.The importance of ensuring solar ROC’s are accurately green.How NextEnergy is combining a 50MW battery with its new solar park and retrofitting existing sites to include storage.And of course, how NextEnergy fits into this.The NextEnergy Group intends to actively participate in the global effort to reduce carbon emissions through the development, operation and financing of renewable energy infrastructure assets. For more information on what they do, head to: nextenergycapital.comFind Ross on LinkedIn here: linkedin.com/in/rossgrierModo’s all-in-one Asset Success Platform provides data, research and benchmarking tools to help you get the most out of your energy storage assets. To find out how we can help you build the future energy system, check out: https://modo.energy/To keep up with all of our latest Insights, follow us on LinkedIn: https://www.linkedin.com/company/modo-energy/Find us on Instagram: @modo_energy

We've had plenty of lovely guests on Modo: The Podcast - and they've got some amazing ideas for and about the future energy system.In this mini-episode, we've compiled some of our favourite clips, featuring the builders, innovators and pioneers of the energy industry outlining their respective hopes and visions for the future. You'll learn about Bridgit Hartland-Johnson's dream of a fully integrated and flexible system, James Johnston's desire for a decentralised "internet of energy" (with energy storage everywhere!), and Nima Tabatabai's belief in the convergence of bitcoin mining and energy - plus loads, loads more!We'd like to thank all of the guests we've welcomed onto Modo: The Podcast thus far, as well as all of our listeners - you've given us loads of incredible feedback since the podcast started, and we're hugely grateful to you all for lending us your ears on a regular basis.As ever, if you've got any suggestions for future guests, please don't hesitate to get in touch. We're always looking to enable engaging and open conversations with people from across the energy spectrum - and it could be you next!

How can we utilise the UK’s blustery coastlines to their full potential? Enter floating wind - the next step in offshore wind energy generation, allowing these mega structures to be deployed into deeper waters and windier conditions. But how does it all work?On the latest episode of Modo: The Podcast, Kerry Hayes (Project Development Manager at Simply Blue Group) talks to Quentin about all things floating wind. They discuss:What is floating wind actually is, and how it differs from traditional offshore wind.The benefits and opportunities this emerging technology provides - not only in the UK and Ireland, but on a global scale as well.The types of constraints projects like this are facing - from planning permissions to port structure - and what needs to be done to overcome them. The possibilities for battery energy storage to work alongside floating wind to help harness its potential.And, of course, where Simply Blue Group fits into all of this.Simply Blue Group are part of a global movement focused on replacing fossil fuels with clean ocean energy, developing coastal economies with new projects and investments. To find out more, head to: https://simplybluegroup.com/Find Kerry on LinkedIn: linkedin.com/in/kerry-hayes-01192149Modo’s all-in-one Asset Success Platform provides data, research and benchmarking tools to help you get the most out of your energy storage assets. To find out how we can help you build the future energy system, check out: https://modo.energy/To keep up with all of our latest Insights, follow us on LinkedIn: https://www.linkedin.com/company/modo-energy/

Peter Bance, CEO and Founder of Origami Energy, shares insights from his journey in transforming the energy landscape. He discusses the balance between running public and private companies, emphasizing the agility needed to thrive in today’s market. Bance explores how real-time data revolutionizes energy trading and the importance of innovative tech in asset management. He envisions a future where tech companies like Origami are pivotal in driving sustainability and addressing the energy industry's challenges.

In the race toward net zero, companies need to problem solve at every turn. Clean transportation and ‘storage on wheels’ technology provides one such answer to part of this huge question. But how is this achieved and how did the company pioneering it get to where they are today? Quentin speaks with Steven Meersman (Co-Founder & Director at Zenobē). In this episode they discuss:Steven's background and Zenobē's journey to where they are now. How small but calculated risks add up to big successes. Value proposition for customers and the challenges faced in ensuring the smooth running of a large electric vehicle fleet.The wider application for the ‘storage on wheels’ technology.How Zenobē is linking the different arms of their company, helping to close the loop and maximise the lifespan of their assets.Zenobē aims to enable the transition to full zero carbon, non-polluting power and transport systems. To find out more head to: https://www.zenobe.com/Find Steven on LinkedIn: linkedin.com/in/stevencgmeersmanModo’s all-in-one Asset Success (AS) platform provides data, research and benchmarking tools to help you get the most out of your energy storage assets. To find out how we can help you build the future energy system, check out: https://modo.energy/ To keep up with all of our latest Insights, follow us on LinkedIn: https://www.linkedin.com/company/modo-energy/

Lithium-ion batteries are the dominant technology when it comes to grid-scale battery energy storage systems. However - like any other technology - it brings with it a particular set of risks. Fire suppression is an integral part of building a safe and successful battery energy storage asset. In this episode, Quentin talks to Ian Bartle (CEO, Nobel Fire Systems). They discuss:What sets a battery fires apart from other fires.Thermal runaway, why it occurs, and how detection is integral in preventing catastrophe.The different methods used in successful fire suppression for a battery energy storage system (and the costs involved).Why proper risk assessment is vital when working alongside insurers to protect an asset.And, of course, where Nobel Fire Systems fits into all of this.Nobel are leaders in fire suppression in special risk environments. To find out more about what they do, head along to: https://nobel-fire-systems.com/For BESS fire protection head to their BESS fire protection pagehttps://nobel-fire-systems.com/industry-sectors/renewable-energy/bess/Find Ian on LinkedIn: https://www.linkedin.com/in/ian-bartle-76979514Mentioned in the show: National Fire Protection Association (NFPA)NFPA855: “Standard for the Installation of Stationary Energy Storage Systems” https://www.nfpa.org/codes-and-standards/all-codes-and-standards/list-of-codes-and-standards/detail?code=855Underwriters Laboratories (UL)UL9540A: “Test Method for Evaluating Thermal Runaway Fire Propagation in Battery Energy Storage Systems” https://www.ul.com/services/ul-9540a-test-methodModo is an all-in-one Asset Success (AS) platform provides data, research and benchmarking tools to help you get the most out of your energy storage assets. To find out how we can help you build the future energy system, check out: https://modo.energy/To keep up with all of our latest Insights, follow us on LinkedIn: https://www.linkedin.com/company/modo-energy/

In this conversation, Jacob Monroe, Chief Commercial Officer at Arenko Group, shares insights on the cutting-edge world of battery optimization. He discusses the intricate challenges of navigating battery energy markets, especially as they evolve toward real-time procurement. Jacob explores the synergy between automation and renewable energy, revealing how Arenko aims to maximize value in this sector. He also highlights the lessons learned from lithium-ion technologies and the growing importance of mobile accessibility in energy trading.

Aditi Tulpule, Legal Counsel at Elexon, sheds light on the intricacies of the Balancing and Settlement Code, crucial for electricity trading in Great Britain. She discusses the pivotal role of data transparency in today's decentralized energy landscape and the importance of collaboration for market innovation. Tulpule also addresses recent regulatory changes affecting energy storage, the significance of inclusivity in market modifications, and the impact of Brexit on cross-border balancing efforts. Tune in for insights on how Elexon navigates these complex challenges!