Fluence Launches Ultrastack, its Highest-Performance Energy Storage Product to Date, to Transform Transmission and Distribution Grids

-Fluence Ultrastack™ deployed as a transmission asset can cut back clients’ power prices by decreasing working prices and enhancing community infrastructure by managing renewable curtailment, growing the usage of current energy traces, and restrict congestions. -Community house owners and operators have entry to next-generation, patent-pending superior controls and demanding purposes with very excessive (greater than 99%) reliability to make sure grid stability throughout contingency occasions and elevated power safety.

Fluence Vitality, Inc. (“Fluence”) (NASDAQ: FLNC), a number one world supplier of cloud-based power storage merchandise, companies, and software program for renewables and storage, in the present day introduced the discharge of Fluence Ultrastack™. Ultrastack is a sophisticated power storage product designed to vary the way in which transmission and distribution networks function around the globe by addressing among the principal challenges posed by power transition, resembling weakening system stability, community infrastructure congestion, and low visibility into distributed property. To assist this power transition, Bloomberg NEF estimates that annual world funding in energy grids will enhance from $274 billion in 2022 to almost $871 billion within the 2040s, reaching $21.4 trillion in 2050.

Ultrastack unlocks the ability of battery-based power storage for transmission community house owners and operators. The product supplies patent-pending management purposes that ship community utilization and system stabilization companies, together with artificial inertia and energy oscillation damping. These superior purposes are developed by main energy system engineers with a deep understanding of transmission system operations. Ultrastack additionally affords greater than 99% system uptime to fulfill the high-asset necessities of essential infrastructure.

S&P World predicts that 17 GW / 50 GWh of power storage methods might be deployed worldwide by 2030 to enhance or delay funding in upgrading the present electrical energy community infrastructure. Continued funding in superior storage and utility applied sciences might be essential to reaching this fast progress.

“Electrical energy system operators face vital reliability and congestion challenges as electrical energy demand grows, community infrastructure necessities change, and grids shift away from renewable power sources. there are synchronous mills to inverter-based renewable technology,” mentioned Fluence SVP and Chief Product Officer Rebecca Boll. “With over 15 years of market data, hands-on deployment expertise, industry-leading security requirements, and complicated transmission-specific utility growth, Fluence is proud to be the trusted supply associate to community house owners and operators worldwide. Collectively, we’re constructing the grid of the long run, with many storage-as-a-transmission asset (SATA) tasks already contracted or delivered in Fluence.”

Fluence’s first SATA pilot undertaking was deployed in 2021 by Litgrid, the transmission system operator (TSO) in Lithuania. The award-winning pilot undertaking is the primary of its variety within the Baltics, and one of many first worldwide, to make use of a grid-scale power storage system within the transmission community. It serves as a proof-of-concept for storage as an integral a part of the ability transmission community and sustaining grid stability and reliability by emergency energy, frequency and voltage management, and artificial inertia response. . The profitable completion of the pilot undertaking was adopted by the continuing rollout of 4 50 MW / 50 MWh SATA tasks in Lithuania with a mixed rated output and capability of 200 MW / 200 MWh. The portfolio of power storage property helps Lithuania in establishing a simultaneous interconnection with the Continental Europe electrical grid, growing the power safety of all the Baltic area.

In Germany, Fluence is at the moment within the technique of supplying TransnetBW, the TSO of the state of Baden-Württemberg, with battery-based power storage for one of many largest SATA tasks on this planet. The 250 MW Netzbooster (Grid Booster) undertaking will enhance power safety and assist Germany’s power transition pathway. That is achieved by growing the effectivity of the present grid infrastructure and easing congestion by offering backup capability to keep up the soundness of the ability system within the occasion of a community failure.

“New TSOs, resembling Germany and Lithuania, are taking the lead in fixing power transition challenges by deploying power storage as a part of the transmission infrastructure to eradicate congestion and enhance power safety ,” mentioned Paul McCusker, SVP & President EMEA at Fluence. “We look ahead to utilizing our knowledgeable data of the SATA market and expertise in interconnecting power storage to excessive voltage power methods to assist community operators additional modernize our energy grids and cut back electrical energy prices.” to shoppers.”

Battery-based power storage not solely realizes financial financial savings by decreasing prices for congestion administration and permitting extra renewable power to be built-in into energy grids, however it will probably additionally cut back the prices for shoppers when the asset is used to offer market-based power and ancillary companies. . These socio-economic advantages are confirmed in a not too long ago launched two-part research carried out by Consentec, a German-based consultancy.

About Fluence

Fluence Vitality, Inc. (Nasdaq: FLNC) is a world market chief in power storage services and products, and cloud-based software program for renewables and storage. With a presence in additional than 40 markets worldwide, Fluence supplies an ecosystem of choices to drive the clear power transition, together with modular, scalable power storage merchandise, complete choices of service, and the Fluence IQ Platform, which delivers AI-enabled digital purposes for managing and optimizing renewables and storage from any supplier. The corporate is altering the way in which we energy our world by serving to clients construct stronger and extra sustainable electrical grids.

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