Terra One develops and operates large-scale battery storage systems that stabilize the electricity grid and facilitate the integration of renewable energy sources. By providing tailored energy storage solutions, the company addresses fluctuations in energy supply and demand, enhancing grid reliability and supporting climate neutrality efforts.
Funding
$7.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
NFounders
Product
Problem
The increasing reliance on renewable energy sources introduces intermittency and variability into the power grid, leading to instability and potential blackouts. Fluctuations in energy supply and demand require advanced solutions to maintain grid reliability and ensure a consistent power supply.
Solution
Terra One develops and operates large-scale battery storage systems that stabilize the electricity grid and facilitate the integration of renewable energy sources. Their tailored energy storage solutions address fluctuations in energy supply and demand, enhancing grid reliability and supporting climate neutrality efforts. By leveraging a proprietary trading platform with advanced algorithms, Terra One automates energy trading on wholesale and balancing energy markets, optimizing the performance of their battery storage assets. The company specializes in developing customized energy storage concepts, from initial planning to implementation, and offers asset management services to landowners, providing passive income opportunities while managing operations and maintenance.
Target Audience
Terra One's primary customers include grid operators, energy utilities, landowners, and municipalities seeking to enhance grid stability, integrate renewable energy sources, and participate in energy markets.
Features
- Development of customized energy storage concepts tailored to specific site requirements.
- Operation of a proprietary trading platform with approval from the European Power Exchange (EPEX).
- Automated energy trading on wholesale and balancing energy markets using innovative algorithms.
- Asset management services for energy storage projects, including operation and maintenance.
- Solutions for frequency regulation to balance unexpected supply and demand fluctuations.
- Reactive power compensation to stabilize voltage levels and minimize grid load.
- Intraday trading capabilities to capitalize on short-term price spikes in spot markets.
- Congestion management to prevent overloads and underloads in the power grid.
- Peak shaving to reduce energy costs during peak demand periods.
- Black start capability to restore power independently in the event of a blackout.