Co-location & Hybrid Assets
This section provides an in-depth overview of co-location and hybrid asset cases. Currently, our platform supports co-located configurations such as PV+Storage, Wind+Storage, and C&I+Storage (coming soon), as well as hybrid cases (coming soon). Below, we outline our modeling approach for these assets and their market trading mechanisms.
Optimization Approach
Co-location addresses the complexities of hybrid renewable energy projects where multiple assets share grid connections and must coordinate operations for optimal performance. For example, consider a PV farm with a capacity of 6 MWp AC co-located with a BESS (12 MWh/6 MW), sharing a common substation with a maximum capacity of 5 MW. In this scenario, the PV farm and BESS share the same grid connection and can trade with the grid at a maximum capacity of 5 MW. The goal is to maximize the combined revenue potential of these assets rather than optimizing them individually.
Behind-the-Meter vs Front-of-the-Meter
Co-located assets can be configured in two primary ways: behind-the-meter (BTM) and front-of-the-meter (FTM). These configurations differ in metering setups, grid interactions, power flows, revenue models, regulatory classifications, and typical use cases. The table below compares these two approaches:
| Grid Integration Type | Front-of-the-Meter (FTM) | Behind-the-Meter (BTM) |
|---|---|---|
| Metering | ✅ Separate meters for Wind and BESS | ✅ Single meter behind which Wind + BESS operate |
| Grid import possible? | ✅ Yes – BESS can charge from the grid | ❌ No – only export is allowed, cannot import from the grid |
| Power flow | Two-way for BESS (import/export), Wind exports | One-way export only |
| Revenue model | Arbitrage, ancillary services, and generation revenue | Only generation revenue from Wind+BESS exports |
| Regulatory classification | Treated as flexible assets or dispatchable units | Treated purely as a generation unit |
| Typical Use Case | Market participation, flexibility services | Utility-scale BESS farms that only inject power |
Indivdual cases
Further details on individual cases can be found below:
- PV+Storage
- Wind+Storage
- C&I+Storage (coming soon)
- Hybrid Cases (coming soon)