FCAS - Reliable business case builder or unpredictable beefer-upper?
In this post, we’ll look at what drives value in FCAS markets. We’ll examine supply and demand, identify drivers of high FCAS prices, and bust some pesky myths about FCAS market value. There’s an infuriating amount of downright disingenuous ‘advice’ out there leading people to think that FCAS is the game-changer that’ll deliver your much-desired <5-year BESS ROI. We’re here to pour cold water on that idea, using the time-honoured combination of FACTS and LOGIC.
FCAS 101
Do you know your VF-FCAS from your F-FCAS? Do you know that it’s pronounced “eff-cass” and not “fucass”? Do you even care? Does anything matter anymore? In this post, we’ll cover the basics of frequency control in the NEM with a focus on unscheduled batteries. We’ll throw in some regulatory history too, for the dedicated fan(s).
Wholesale market access for unscheduled BESS
Wholesale (a.k.a. spot) market arbitrage is just one service in the stack, but is arguably the most profitable and the most crucial to get right. In this post, we’ll explain the regulatory arrangements that underpin how an unscheduled BESS operator can access the spot market.
Hachiko closes pre-seed to develop platform that accelerates adoption of renewables
We are excited to share the successful closing of our pre-seed funding round led by Twynam Ventures!
What’s different about Hachiko?
OK, so you’ve looked at the market, and you see a couple of others talking about their optimisation products too. Why is Hachiko different?
What does Scheduled Lite mean for the industry?
You may have heard about scheduled lite or voluntarily scheduled resources in recent energy market announcements. In this post, we’ll explain what scheduled lite is, and what it means for owner-operators of non-scheduled BESS portfolios.
Why does optimisation matter?
Optimiser this, optimiser that - you hear it everywhere when batteries are mentioned. But why is an optimiser important? What even is optimisation? We will look to answer these questions below, using Australia’s NEM (National Electricity Market) as our area of focus.
Why Hachiko?
Many people have asked why our business is called Hachiko. There is a bit of a story behind this, so I thought it’d be worth writing an explanation for those curious creatures among you.