{"id":20549,"date":"2025-11-17T14:00:45","date_gmt":"2025-11-17T12:00:45","guid":{"rendered":"https:\/\/aseu.org.ua\/?p=20549"},"modified":"2025-11-17T14:00:45","modified_gmt":"2025-11-17T12:00:45","slug":"what-definitely-does-not-work-when-building-a-bess-business-case-discussed-with-a-dtek-renewables-expert-at-the-open-meeting-of-seau-s-energy-storage-systems-committee","status":"publish","type":"post","link":"https:\/\/aseu.org.ua\/en\/what-definitely-does-not-work-when-building-a-bess-business-case-discussed-with-a-dtek-renewables-expert-at-the-open-meeting-of-seau-s-energy-storage-systems-committee\/","title":{"rendered":"What definitely does not work when building a BESS business case \u2014 discussed with a DTEK Renewables expert at the open meeting of SEAU\u2019s Energy Storage Systems Committee"},"content":{"rendered":"<p><b><i>The Solar Energy Association of Ukraine held an open meeting of the Committee on Energy Storage Systems (BESS) titled \u201cVia negativa: The \u2018yes\u2019 that emerges through the \u2018no\u2019 for BESS projects\u201d.<\/i><\/b><\/p>\n<p><span style=\"font-weight: 400;\">The event took place on November 4 in the format of a Zoom conference and brought together representatives of companies developing energy storage solutions in Ukraine.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The speaker was <\/span><b>Vadym Utkin, Advisor to the CEO of DTEK Renewables<\/b><span style=\"font-weight: 400;\">, and the moderator was <\/span><b>Serhii Ruchko, Chair of the SEAU BESS Committee<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the core of the discussion was the practical <\/span><b>via negativa<\/b><span style=\"font-weight: 400;\"> approach, which helps build effective business models through analyzing typical mistakes and ineffective decisions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During his presentation, Vadym Utkin emphasized that real profitability of BESS projects must be based on clear calculations and market statistics, not on short-term price spikes: <\/span><\/p>\n<blockquote><p><b>\u201cI very much believe in volatility \u2014 it exists. But a business case must rely on real patterns, not on a few days with a 15,000 UAH price difference\u201d. <\/b><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">The expert highlighted the importance of understanding <\/span><i><span style=\"font-weight: 400;\">price decoupling<\/span><\/i><span style=\"font-weight: 400;\"> in the market, which creates new opportunities for arbitrage.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Special attention was paid to the question of storage system integration \u2014 <\/span><b>AC vs. DC connection. <\/b><span style=\"font-weight: 400;\">According to the expert, under Ukrainian conditions, <\/span><b>standalone solutions currently appear more promising<\/b><span style=\"font-weight: 400;\">, as they minimize operational risks and simplify entry into balancing and ancillary services markets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The speaker also stressed the critical role of <\/span><b>technical warranties and contract terms<\/b><span style=\"font-weight: 400;\">. Key parameters include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">equipment availability of at least <\/span><b>98%<\/b><span style=\"font-weight: 400;\">;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">clearly defined spare parts stock;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">a system of <\/span><b>liquidated damages<\/b><span style=\"font-weight: 400;\"> for delays, efficiency drops, or capacity degradation.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These mechanisms, according to Vadym Utkin, are \u201cthe very essence of <\/span><i><span style=\"font-weight: 400;\">via negativa<\/span><\/i><span style=\"font-weight: 400;\">\u201d \u2014 protecting the investor from risks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The discussion also covered degradation and RTE, which must be incorporated into financial models, as well as the role of trading. The speaker demonstrated real degradation charts from different manufacturers and emphasized that <\/span><b>RTE is not constant<\/b><span style=\"font-weight: 400;\"> \u2014 projects must account for declining efficiency. Mr. Utkin added: <\/span><\/p>\n<blockquote><p><b>\u201cA strong trader is your alpha. They are the one who can outperform the market and ensure project profitability\u201d.<\/b><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">Following the meeting, participants noted that the Ukrainian BESS market is becoming increasingly mature \u2013 investors are moving from romantic expectations to precise technical, legal, and financial models. Today, the success of BESS projects is determined by deep data, high-quality processes, and a professional team.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SEAU thanks the speaker \u2013 Vadym Utkin, the moderator \u2013 Serhii Ruchko, and all participants for a meaningful discussion and practical insights. The Association will continue to create an expert environment for the development of the energy storage market, contributing to the formation of a strong, flexible, and innovative energy sector in Ukraine.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">The recording of the SEAU BESS Committee meeting with Vadym Utkin will be available in the upcoming issue of the Solar Digest. A reminder that members of the Solar Energy Association of Ukraine may request access to recordings of webinars and committee meetings held on the SEAU platform.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Solar Energy Association of Ukraine held an open meeting of the Committee on Energy Storage Systems (BESS) titled \u201cVia negativa: The \u2018yes\u2019 that emerges through the \u2018no\u2019 for BESS projects\u201d. The event took place on November 4 in the format of a Zoom conference and brought together representatives of companies developing energy storage solutions &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"ast-button\" href=\"https:\/\/aseu.org.ua\/en\/what-definitely-does-not-work-when-building-a-bess-business-case-discussed-with-a-dtek-renewables-expert-at-the-open-meeting-of-seau-s-energy-storage-systems-committee\/\"> <span class=\"screen-reader-text\">What definitely does not work when building a BESS business case \u2014 discussed with a DTEK Renewables expert at the open meeting of SEAU\u2019s Energy Storage Systems Committee<\/span> \u0427\u0438\u0442\u0430\u0442\u0438 \u0434\u0430\u043b\u0456 \u00bb<\/a><\/p>\n","protected":false},"author":11,"featured_media":20550,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[369],"tags":[],"_links":{"self":[{"href":"https:\/\/aseu.org.ua\/en\/wp-json\/wp\/v2\/posts\/20549"}],"collection":[{"href":"https:\/\/aseu.org.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aseu.org.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aseu.org.ua\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/aseu.org.ua\/en\/wp-json\/wp\/v2\/comments?post=20549"}],"version-history":[{"count":1,"href":"https:\/\/aseu.org.ua\/en\/wp-json\/wp\/v2\/posts\/20549\/revisions"}],"predecessor-version":[{"id":20553,"href":"https:\/\/aseu.org.ua\/en\/wp-json\/wp\/v2\/posts\/20549\/revisions\/20553"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aseu.org.ua\/en\/wp-json\/wp\/v2\/media\/20550"}],"wp:attachment":[{"href":"https:\/\/aseu.org.ua\/en\/wp-json\/wp\/v2\/media?parent=20549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aseu.org.ua\/en\/wp-json\/wp\/v2\/categories?post=20549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aseu.org.ua\/en\/wp-json\/wp\/v2\/tags?post=20549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}