Fluence Mosaic Optimises Global Power Generation (GPG)’s ACT Battery
Fluence’s AI-powered bidding software maximises the value of the ACT Battery and delivers streamlined market operations
Fluence Energy, a leading global provider of energy storage products and services, and cloud-based software for renewables and storage, announced the deployment of Fluence Mosaic intelligent bidding software to optimise the performance of Global Power Generation (GPG)’s newly constructed 10 MW / 20 MWh ACT Battery. Using advanced price forecasting and bidding optimisation, Mosaic will help GPG Control Room operators ensure that GPG’s battery-based energy storage system is responding optimally to market price signals and reliability needs in Australia’s National Electricity Market (NEM).
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Located at Queanbeyan substation within the Australian Capital Territory’s border, the ACT Battery is the first energy storage system operated by GPG, the international power generation subsidiary of Spain’s Naturgy Energy Group. As the first grid-scale energy storage system in the Australian Capital Territory (ACT), the asset will perform a strategic role in supporting the local distribution network. The ACT Battery was developed by GPG and connected to TransGrid´s substation to support ACT’s electricity network. The project is part of GPG’s commitment to building the 107 MW Berrybank 2 Wind Farm in Victoria.
“The launch of our first energy storage system is a major step toward strengthening our international presence and our contribution to the clean energy transition. With the trust of the ACT government, we selected Mosaic because the software delivers superior results, a clean user interface, and strategic risk management settings,” said Pedro Serrano, GPG Chief Business Development Officer. “We look forward to working with Fluence to maximise the value of this asset.”
“Fluence is proud to support GPG to maximise the revenue and optimise the performance of its first energy storage system both in Australia and across the world,” said Andrew Kelley, VP and Country Director, Australia at Fluence. “Through state-of-the-art machine learning, Mosaic allows asset owners to navigate the risk, volatility, and complexity of dynamic wholesale markets. The ACT Battery is a great demonstration of Mosaic’s technology agnostic approach, and ability to integrate with and optimise energy storage systems from any OEM or system provider.”
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Mosaic is part of Fluence IQ, an advanced cloud-based platform for wind, solar, and energy storage. Fluence IQ maximises the value of solar, wind, and energy storage resources with advanced software products and 3rd party applications. Through AI-powered bidding optimisation, Mosaic incorporates complex market rules and real-time data to maximise participation in wholesale electricity markets and capitalise on the full value available to assets. The cloud-based software supports energy storage and renewable products from any technology provider and is currently optimising more than 5 GW of clean energy assets globally, with a total of over 8 GW deployed or awarded. Mosaic was recently recognised by TIME as one of the Best Inventions of 2022.
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