Our solution provides energy storage services to renewable generators as a hedge against FCAS recovery costs, thus accelerating the transition to a 100% renewable grid.
Balance Power is a startup servicing the renewable energy industry. We operate battery storage assets and pair the output of those assets with small-to-medium scale renewable energy owners operators to hedge their exposure to a cost applied by the energy market operator (known as a “causer pays factor”). We market this as “energy storage as a service” – eSaaS. On a basic level, the product we sell is energy – both to customers and to the market.