Global Opportunities for Those Who Want to Build an Electrical Storage Unit/Facility

EIT InnoEnergy, Europe's largest energy-oriented technology investor, is ready to meet the needs of our country's energy sector with more than 300 technologies in its portfolio. How Can You Benefit from Which EIT InnoEnergy Portfolio Company?

Energy Market Regulatory Authority (EMRA) published in the Official Gazette on May 9, 2021 and entered into force No. 31479 «Regulation on Storage Activities in the Electricity Market»; regulates the installation of electricity storage units or facilities, their connection to the transmission or distribution system, ie the network and their use in market activities within the scope of this regulation; electricity producers have been paved the way for electricity producers to establish and operate integrated storage facilities in power plants, by electricity consumers with the logic of behind-the-counter application or independently.

What Does This Regulation Offer To Whom?

Distributed systems, led by photovoltaic solar energy, are a critical component for energy conversion due to grid integration. Electricity storage units, which will be integrated with renewable energy sources on the production side, will relieve the grid and allow the capacity of clean energy sources to be increased, as they will make the variations in energy production in electricity generation facilities more smooth.

In addition, when the legislation becomes appropriate, it will be possible to sell the produced energy not only at the time it is produced, but also at the desired time from the more affordable price zone. Thus, the producer and the consumer will be able to store the electricity produced by themselves from the renewables and the consumer will be able to provide commercial benefit by storing the electricity received from a more appropriate tariff tranche from the network.

In addition to the points stated above; Stand-alone energy storage facilities will be able to participate in organized wholesale markets and, to the extent that they can meet the necessary conditions, the balancing power market and ancillary service markets.

Network operators, on the other hand, will be able to establish and operate energy storage facilities provided that they obtain official permits in case of better cost-benefit analysis as an alternative to new network investment for distribution activities.

In addition to all these, an electricity storage facility with a maximum installed capacity of 1 MW will be established by universities, technology development zone management companies and industrial zones for use in R&D activities.

It is foreseen that the regulation published by EMRA will increase the demand and need for "efficient and low return on investment time" storage technologies in certain sectors and industries in our country, especially in the energy sector. It is already known that many electricity retail and electricity distribution companies are conducting technology research and cost analysis related to domestic and foreign storage technologies.

As such, it is of great importance that our country's energy sector and other industry representatives stay close to the technologies they may need in the process of establishing electricity storage facilities for different purposes. At this point, EIT InnoEnergy, Europe's largest energy-oriented technology investor, is ready to meet the needs of our country's energy sector with more than 300 technologies in its portfolio.

Who is EIT InnoEnergy?

Founded in 2010 as a Netherlands-based company in cooperation with 26 leading institutions of the European energy sector and financed within the scope of the "EIT European Institute of Technology" fund of the European Commission, EIT InnoEnergy aims to work in the energy verticals of the European Union member states and the assossiye countries, especially Turkey; provides funding, cooperation development and policy (regulation) making services so that they have access to the latest technologies and application examples.

EIT InnoEnergy, which opened its Turkey office in 2017, continues its close and intensive relations with public institutions, large-scale companies, universities and startups in our country as of this date.

Which EIT InnoEnergy Portfolio Companies Can You Benefit From in the Electricity Storage Process?

EIT InnoEnergy, which makes cash investments in technology companies in the role of a venture capitalist with the aim of developing early and advanced stage technology entrepreneurs, has 320 companies from different verticals in its portfolio.

Skeleton Technologies:

Skeleton Technologies' patented curved graphene-based SkelCap ultracapacitor technology is one of the biggest technological advances in the energy storage industry over the past 20 years. The technology offered by Skeleton; meets the need for a lightweight, cost-effective and powerful energy storage system.

Skeleton's main sectors that need these solutions are:

- Electrical networks,

- Wind turbines,

- Bus and truck,

- It has special applications in industrial (port and logistics and material transportation) areas.

Elestor:

Elestor is developing long-life flow batteries that can store electricity safely and at a fraction of the cost of conventional batteries. Elestor electricity storage systems are based on hydrogen bromine flow battery technology. Originally developed by NASA, Elestor has further developed this technology to enable it to be used in a variety of grid and industrial applications.

Volterion:

Unlike high-precision laser welding, which can cause leaks, Volterion stacks are inherently sealed and very robust. Unlike other battery technologies (Lead-Acid, Li-Ion, NaS, NaNiCl); Vanadium Redox Flow Battery shows decisive advantages:

• The battery can be fully discharged and recharged for more than 20,000 cycles,
• Deep discharge without long-term results, it is scalable and allows the system design to be repaired,
• Volterion sells both VRFB stacks as complete systems.

Instagrid:

Instagrid creates the world's most advanced portable power supplies designed according to the needs of professionals. By combining proprietary power conversion technology with the latest li-ion technology, power levels of over 3,600 Watts can be achieved with a compact unit weighing less than 15 kg. Designed for professional use, portable power supplies are robust, waterproof, and store up to 2 kWh of energy.

BeePlanet Factory:

BeePlanet Factory provides an energy storage solution based on second-life lithium-ion batteries.

PowerESS, also the product of BeePlanet Factory, is a new energy storage system for the commercial, industrial and construction sectors with a capacity from 42 kWh to 1MWh. It is also ready to be integrated into photovoltaic and wind farms.

Wattsun Pop-Up Power:

Wattsun provides a portable, easy-to-use and quiet off-grid power supply called 'Wattsun One' that can be charged with renewable energy.

Regardless of the sector, EIT InnoEnergy aims to establish your own stand-alone electricity storage facility in accordance with the "Regulation on Storage Activities in the Electricity Market" published by EMRA and to evaluate the new business opportunities opened by this regulation together with the companies in the EIT InnoEnergy energy storage portfolio in this process.