The world for owners of battery energy storage systems (BESS) has fundamentally changed. The growth of BESS and renewable energy around the world is always gathering pace. Assets have become larger, as have the amounts of money involved. This means BESS operators need to change their approach to asset management. Owners and operators have spent most of the last decade finding their feet, figuring out systems on the fly and using generic low-tech digital tools. It has been easy for them to outsource the management of BESS assets to third parties which offer highly-bundled services. Most of these services cover three main areas:

EPC contracting: To help operators get assets developed and built.

O&M contracting: To help operators maintain and service their assets.

Route-to-Market: To help operators ensure assets are well monetised.

The deficiencies of this approach are now becoming clear. In such a highly fragmented market, it has become tougher for owners to track performance data. Operators need a digital platform which provides them with reliable, independent data about the physical and financial performance of their BESS assets. This is why working with an independent BESS portfolio management platform like Origami can help. We support owners to move beyond passive outsourcing and a reliance on multiple third parties; and ultimately become more active asset managers. This helps to boost profitability, maximise asset value, and attract investment on better terms.