Berlin, 1st August 2025 – Maon has reached a new milestone in power market modeling by integrating Battery Energy Storage Systems (BESS) into its unified digital twin. For the first time, the model includes all existing and planned BESS units across Europe, moving beyond previous placeholder assumptions.
BESS play a central role in the energy transition. By balancing intermittent renewable generation and unlocking new flexibility options, battery storage has become a cornerstone of future energy systems. With gigawatts of additional storage capacity expected across Europe in the coming years, their impact on price formation and market operations is increasing.
By integrating real storage assets into Maon’s digital twin, storage behavior can be modeled with greater precision and without artificial temporal or technical constraints. Market participants are better equipped to accurately forecast prices, evaluate investment opportunities and manage risks, whether independently or in collaboration with leading business consultants and system providers.
Tuncay Türkucar, E-Bridge Consulting: “Our clients in the energy industry depend on accurate power price forecasts to make optimal long-term decisions, especially on high-stakes issues. Developing digital twins of the power market is a key prerequisite for realistic forecasting and ultimately robust decision-making.”
Florian Heise, Re-Twin Energy: “Fundamentally forecasting day-ahead, intraday and balancing prices is essential to accurately assess the business cases of new battery energy storage projects. It helps build internal consensus for investment decisions and strengthens the external case to make projects bankable and secure financing.”
Dr. Mihail Ketov, Maon: “One key characteristic of storage systems lies in their time coupling, which conventional price forecasts often disregard, overlooking their dynamic opportunity cost. At Maon, we develop tailored models for battery storages, charging stations, and hydropower plants to create more realistic price forecasting algorithms.”
The energy transition is a challenge with more wind farms, solar panels, heat pumps and charging stations coming online. Even with enough renewable energy, it must be planned and balanced efficiently. Maon’s unified digital twin – now including real battery storage data – provides a crucial foundation for realistic forecasting and robust decisions at the electricity wholesale market.
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