Synertics

𝐂𝐮𝐫𝐫𝐞𝐧𝐭 𝐭𝐫𝐞𝐧𝐝𝐬 𝐨𝐧 𝐀𝐧𝐜𝐢𝐥𝐥𝐚𝐫𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐟𝐨𝐫 𝐁𝐚𝐭𝐭𝐞𝐫𝐢𝐞𝐬 𝐢𝐧 𝐆𝐞𝐫𝐦𝐚𝐧𝐲 🔋 As Germany faces more curtailments and negative prices, Battery Energy Storage Systems (BESS) present a key opportunity for investors. Besides participating in energy arbitrage, BESS can also provide vital grid services, especially in the FCR and aFRR markets. This article explores the current trends in the ancillary services market, highlighting opportunities, risks, and strategies for successful BESS investments. Read on below! 💡 #BESS #EnergyStorage #AncillaryServices #Germany #Synertics

Synertics Team Offsite in Lisbon 🙌 Last week, on the 29th and 30th of October, the Synertics team came together in Lisbon for an inspiring offsite meeting. We set new goals and identified ways to further support our clients in driving forward the energy transition ⚡   In between sessions, we took time to explore Lisbon and visited The Electricity Factory at the MAAT museum, housed in the historic Tejo Power Station, an iconic example of early 20th-century industrial architecture and a landmark in Portugal's energy history. A fitting stop for a team passionate about energy. We’re excited for what's ahead! #Lisbon #EnergyTransition #Synertics

𝐒𝐲𝐧𝐞𝐫𝐭𝐢𝐜𝐬 𝐢𝐬 𝐡𝐞𝐚𝐝𝐢𝐧𝐠 𝐭𝐨 𝐭𝐡𝐞 𝐖𝐢𝐧𝐝𝐞𝐧𝐞𝐫𝐠𝐢𝐞𝐭𝐚𝐠𝐞!  We’re excited to announce that our CEO, Manuel Pessanha, will be speaking at the 32nd edition of the Windenergietage, from November 5th to 7th in Linstow, Germany. Manuel will join Alexandra Mützelburg and Daniel K. Marhewka from Fieldfisher Germany for a presentation exploring how large-scale battery storage (BESS) can complement wind energy, focusing on financial and regulatory advantages for investors. It will also dive into how PPAs apply to BESS, with insights on energy structuring, pricing, warranties, guarantees, and liability considerations. Join us on November 5 from 17:00 to 18:00 in Forum 15, Linstow, to gain fresh perspectives on the future of wind energy and storage solutions! 💡 #Windenergietage #WindEnergy #BESS #Synertics

The 2024 edition of the International Energy Agency (IEA)'s World Energy Outlook has been released, and here’s what stood out to us at Synertics: 🌱 Surge in Renewables and Investments In 2023, a record 560 GW of renewable capacity was added globally, marking progress toward 10,000 GW by 2030—a milestone with substantial emissions reduction potential. Since the Paris Agreement in 2015, clean energy investment has surged 60%, nearing $2 trillion annually, nearly double that of fossil fuels. Notably, China contributed 60% of new global capacity, with its solar PV generation alone set to exceed the current U.S. electricity demand by the early 2030s. ⚡ Increasing Electricity Demand Electricity use has grown at twice the pace of overall energy demand over the past decade, with China accounting for two-thirds of this increase. Global demand is projected to rise by the equivalent of Japan’s annual electricity consumption each year. In some regions, renewables are outpacing demand, reducing reliance on fossil fuels. For example, from 2018 to 2023, countries like Australia, South Korea and Argentina saw low-emissions electricity grow by over 20%, lowering fossil fuel use. Meanwhile, in the EU, UK, and U.S., a 10% increase in clean energy met demand without fossil fuel expansion. However, in some emerging markets, rising demand has outpaced clean energy, increasing coal and gas use. 🛢️ Fossil Fuel Oversupply Under current policies, coal demand will start to decline around 2025, while oil and gas demand are expected to peak by the end of the decade. However, an oil and LNG oversupply is projected in the second half of the 2020s, posing the risk of fossil fuels crowding out renewable energy development. However, this oversupply of fossil fuels and the downward price pressure it will create, provides an opportunity for governments to phase out fossil fuel subsidies. 🌍 The Renewable Energy Gap Despite renewable energy growth, two-thirds of the global population—mainly in developing economies—lacks access to affordable clean energy. Financing costs for projects like solar PV are twice as high in these regions, limiting clean energy adoption. Increased international support and climate finance are critical to addressing these disparities, which is essential for enabling a global clean energy transition. 🌡️ Urgent Acceleration Needed to Meet Climate Goals Despite record growth in renewables, the IEA’s 2024 World Energy Outlook warns that current policies would lead to a 2.4°C global temperature rise by 2100—well beyond the 1.5°C target needed to mitigate severe climate risks. To stay within the 1.5°C threshold, an acceleration of renewables is required: 1.5 times faster in China, 1.9 times in advanced economies, and three times faster in other regions. The report is clear: the 1.5°C target is still within reach, but it demands urgent and large-scale action. 🔗 Read the full report here: https://lnkd.in/eHJzDjRW #IEA #Renewables #ClimateChange

We are proud to have recently partnered up with Business Renewables Centre Canada to deliver a guide on Power Purchase Agreements in Alberta. Canada is a growing market for us in which we are focusing on delivering electricity market intelligence studies and assist in structuring PPAs. #canada #ppa #guide #renewables

𝗘𝗨 𝗔𝗰𝘁𝗶𝗼𝗻 𝗣𝗹𝗮𝗻 𝗳𝗼𝗿 𝗚𝗿𝗶𝗱𝘀: 𝗘𝘂𝗿𝗼𝗽𝗲’𝘀 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝗳𝗼𝗿 𝗨𝗽𝗴𝗿𝗮𝗱𝗶𝗻𝗴 𝗚𝗿𝗶𝗱 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 🇪🇺 With electricity demand projected to grow significantly and the need to integrate renewables into the grid to meet 2030 targets, grid upgrades are now more critical than ever. In our latest article, we explore the EU’s comprehensive Action Plan for Grids, tackling everything from grid expansion and modernisation to financing challenges and regulatory shifts. Curious about how the EU plans to modernise its grid and meet its 2030 renewable energy goals? Read on below! 👇 #EuropeanUnion #EUGridActionPlan #renewables #Synertics

𝗪𝗲’𝗿𝗲 𝗲𝘅𝗰𝗶𝘁𝗲𝗱 𝘁𝗼 𝗯𝗲 𝗽𝗮𝗿𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗘𝗻𝗲𝗿𝗴𝘆 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗖𝗲𝗻𝘁𝗿𝗲’𝘀 𝗜𝗻𝘃𝗶𝘁𝗲𝗱 𝗧𝗮𝗹𝗸 𝗦𝗲𝗿𝗶𝗲𝘀! 🌟 Our CEO, Manuel Pessanha, will be speaking at the EMC’s upcoming webinar “Moving Toward Net Zero - Solar, Wind, BESS, and the Global PPA Market” on October 29th. The webinar will begin with an analysis of the latest trends in solar, wind, and BESS technologies, followed by a comprehensive overview of the PPA market, highlighting the key challenges and opportunities in various regions. Next, the session will explore how Synertics’ PPA Evaluation Tool enables accurate pricing, evaluation, and tracking of PPAs, ensuring better decision-making. The discussion will also focus on strategies for optimising PPAs to enhance profitability and successfully secure favourable agreement terms. To bring these concepts to life, Manuel will share real-world case studies from Europe and North America, demonstrating how Synertics has supported renewable projects in achieving profitable outcomes. 💡 Interested in joining this session? You can register for free by clicking on the following link: https://lnkd.in/durrbfH5 #ESCP #webinar #Synertics #PPA #BESS

𝗟𝗲𝘁’𝘀 𝗰𝗼𝗻𝗻𝗲𝗰𝘁 𝗮𝘁 𝗥𝗘-𝗦𝗼𝘂𝗿𝗰𝗲 𝟮𝟬𝟮𝟰!⚡ We’re excited to be part of the RE-Source Platform event, taking place in the heart of Amsterdam on October 24-25. With 2030 decarbonisation goals fast approaching, the need for sustainable energy solutions is more pressing than ever. Synertics is here to help you make sense of the evolving renewable energy market. Join us to explore how PPAs can safeguard your business from electricity price volatility while maximising your revenue streams 💡 You can schedule a meeting with us here 👉 https://lnkd.in/e6KbMjJi Looking forward to seeing you there! #RESource2024 #RenewableEnergy #Corporate #Sourcing #PPA #Synertics

We're delighted to announce our upcoming webinar titled "Moving Toward Net Zero - Solar, Wind, BESS and the Global PPA Market " on 29th October with Manuel Pessanha, Founder & CEO of Synertics, and ESCP Alumnus He will share insights and strategies on the latest in solar, wind and BESS solutions, and how Synertics – nominated as one of Germany’s top five start-ups in the utility space in 2023 by Handelsblatt – has developed an innovative PPA tool to support businesses across regions. The webinar will start by analysing current trends in these technologies, followed by an overview of the PPA landscape, highlighting key challenges and opportunities across different regions. It will then delve into how Synertics’ PPA Evaluation Tool enables precise PPA pricing, evaluation and tracking, ensuring better decision-making. The discussion will also focus on strategies for optimising PPAs to enhance profitability and successfully secure favourable agreement terms. To bring these concepts to life, Manuel will share real-world case studies from Europe and North America, demonstrating how Synertics has supported renewable projects in achieving profitable outcomes. #ESCP #Synertics #PPA #netzero With Georgia Makridou, Sibel Bahceci Attendance is free of charge. To register, please click the link below:  https://lnkd.in/enKr-D9h 

𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝗰𝗲 𝗼𝗳 𝗕𝗘𝗦𝗦 𝗖𝗮𝗽𝗮𝗰𝗶𝘁𝘆 𝗖𝗵𝗼𝗶𝗰𝗲 𝗳𝗼𝗿 𝗔𝗿𝗯𝗶𝘁𝗿𝗮𝗴𝗲 𝗶𝗻 𝗮 𝗖𝗼-𝗹𝗼𝗰𝗮𝘁𝗲𝗱 𝗦𝘆𝘀𝘁𝗲𝗺🔋 The growing appeal of Battery Energy Storage Systems (BESS) is clear as daily price spreads widen in electricity markets. But choosing the right capacity is crucial. Our latest article looks at how varying BESS storage capacity impacts performance in co-located wind and solar PV systems in Germany. Want to know how to get the most out of your co-located BESS investment? Check out the full analysis below! ⬇️ #BESS #Synertics #WindEnergy #SolarPV