Battery analytics has shifted to become a consideration for CFOs.

1. Cloud-based battery analytics is a software solution that provides a better understanding of batteries in various applications, including electric vehicles and stationary battery energy storage systems.
2. ACCURE, a cloud-based battery analytics vendor, started as a spin-out from RWTH Aachen University’s battery practice and has seen rapid growth, managing sites ranging from 10MWh to 200MWh.
3. Analytics can reduce commissioning delays, address State of Charge assessment issues, and help with warranties and long-term service agreements by providing critical information for informed decision-making in the battery industry.

Cloud-based battery analytics is a software solution that helps gain a better understanding of batteries, particularly in electric vehicles (EV) and stationary battery energy storage systems (BESS). Companies like ACCURE, TWAICE, and PowerUp are leading providers in Europe. ACCURE, a spin-out from RWTH Aacchen University, has seen rapid growth in managing BESS sites, ranging from 10MWh to 200MWh across various markets. The use of analytics can reduce commissioning delays and improve State of Charge (SOC) estimation, leading to increased revenue by 5-10%.

Analytics also play a crucial role in monitoring warranties and Long-term Service Agreements (LTSAs), ensuring that trading decisions do not violate contractual obligations. With over half of batteries coming from young production lines, the quality and performance can vary, impacting the overall capacity of the BESS system. By using analytics, insights into battery performance can be gained early on and used to optimize system operation.

Energy-Storage.news will host the 6th Energy Storage Summit USA in March 2024 in Austin, Texas, featuring industry leaders discussing the acceleration of the energy storage market in the country. This event will focus on the latest trends and developments in the energy storage industry.

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