The existing power plant, running on 3 Wärtsilä W34SG engines, is now optimised with an energy storage solution that also incorporates GEMS, an energy management system from Greensmith Energy, a Wärtsilä company. The installation will enable ALTEO to participate in the electricity market by providing frequency and secondary regulation to the national grid operating in virtual power plant mode.
“The integration of the energy storage system is a huge step in ALTEO’s Virtual Power Plant development and we strongly believe that this technology has opened us new opportunities to successfully respond to upcoming challenges” says Peter Luczay, director of wholesale energy trading and virtual power plant management at ALTEO.
GEMS, a critical component of Wärtsilä’s engine plus storage hybrid installation, analyses changes in market conditions and rate structures, effectively “future-proofing” energy storage investments for both power developers and regulated utilities. Ancillary services are a proven application provided by GEMS.
Wärtsilä’s delivery of this energy storage solution to ALTEO included batteries, inverters and power electronics. The energy storage system is fully integrated with the existing power plant using GEMS. The total output of the battery storage plant is 6 MW/4 MWh.
ALTEO Group is a Hungary-based energy service provider and trading company listed on the Hungarian Budapest Stock Exchange (BUX) since 2010. Its business scope includes renewable and natural gas-based energy generation, energy trading, and tailor-made energy services for companies.
