Episode Details
Back to Episodes
Why state of charge is key to BESS success with Blake Rector (Principal, Markets & Optimization @ Powin)
Episode 1
Published 1 year ago
Description
From arbitraging volatility and unlocking grid stability, battery energy storage is playing an increasingly central role in power markets. But even the most well optimized units can fall short of their potential if one key metric is off: state of charge (SOC). Get it wrong, even slightly, and the revenue losses can be staggering.State of charge is hard to measure accurately - errors can compound over time, and what operators do to improve performance can make huge differences in profitability. Whether you're an asset owner, optimiser, or just want to understand the real-world constraints behind battery revenue models, this conversation is packed with detail and lessons that could change how you think about storage strategy.In this episode of Transmission, Quentin sits down with Blake Rector, Director of Markets and Optimization at Powin explore the nuances of SOC. Over the course of the conversation, you’ll hear about:
- Why state of charge matters: How even a 1% error in SOC estimation can significantly reduce revenue from energy trading and grid services.
- Operational vs. theoretical capacity: The difference between nameplate and usable capacity, and why operators often leave value on the table.
- Forecasting and dispatch constraints: Why better SOC management means more flexibility and higher earnings in volatile markets.
- Hardware vs. software approaches to SOC: What Powin has learned about algorithmic improvements, calibration strategies, and real-time feedback loops.
- Powin’s scale and strategy: With 17 GWh online or under construction, what’s next for one of America’s fastest-growing battery OEMs?