Dais Energy Ventures and BattMan Energy Announce Strategic Partnership
London 08/08/24 Dais Energy Ventures, a leading player in battery energy storage space, is proud to announce a strategic partnership with BattMan Energy, a pioneering battery energy storage systems (BESS) developer & operator in Denmark. Together, they will develop a significant portfolio of battery energy storage systems across Denmark, enhancing the stability and reliability of the country’s energy system.
About Dais Energy Ventures
With a mission to drive the transition to sustainable energy, Dais Energy Ventures specializes in developing, constructing and operating battery energy storge systems in strategic locations across key European markets. Their specialism is bankable stand-alone storage projects deriving strong returns from structural and enduring revenues through strategic project deployment. They bring their best-in-class expertise and experience in funding both development and construction of BESS to their local partners.
About BattMan Energy
BattMan Energy is a pioneering force in the development and operation of Battery Energy Storage Systems (BESS) in Denmark, serving as a Developer and Owner & Operator. BattMan Energy’s projects are tailored around strategic placements of BESS projects directly coupled at the key nodal points in the Northern European electricity infrastructure. Their commitment to sustainability and innovation drives them to deliver projects that support the broader adoption of renewable energy and the creation of a resilient power grid.
The Danish Energy Market Opportunity
Denmark has been a global leader in renewable energy, particularly in wind power, which now constitutes a significant portion of the country’s energy mix. However, the intermittent nature of wind energy poses challenges to maintaining a stable and reliable power supply. Battery energy storage systems offer a crucial solution to this problem by balancing energy grids allowing for increased renewable deployment, energy security and better use of existing renewable assets.
The Danish government has set ambitious goals to further increase the share of renewable energy in the national grid, aiming for a fully renewable energy supply by 2050. Achieving this requires substantial investment in energy storage solutions to balance the variability of renewable sources and ensure grid stability.
Partnership Goals and Benefits
The collaboration between Dais Energy Ventures and BattMan Energy is set to capitalize on this opportunity by deploying cutting-edge battery energy storage systems across strategic locations in Denmark. The key objectives of this partnership include:
Enhancing Grid Stability: By integrating advanced BESS, the partnership aims to provide a reliable buffer that can store and release energy as needed, ensuring a stable energy supply regardless of wind conditions.
Optimizing Renewable Energy Utilization: The BESS will enable Denmark to maximize the use of its wind energy resources by storing surplus energy and reducing curtailment, thereby increasing the overall efficiency of the renewable energy system.
Supporting Denmark’s Renewable Energy Goals: The project aligns with Denmark’s long-term energy strategy, contributing to the country’s aim of achieving a 100% renewable energy supply by 2050.
Driving Innovation and Sustainability: The partnership will leverage the strengths of both companies in technology innovation and sustainable practices, setting a benchmark for future energy storage projects in Europe and beyond.
Statements from the Companies
Daniel Connor, CEO of Dais Energy Ventures:
“We are excited to find a fantastic partner in BattMan Energy, a company which shares our vision of Energy Storage as a key enabler of a sustainable energy future. Denmark is rapidly developing market with an ever-increasing need for storage. The portfolio we’re developing and constructing together perfectly complements the Dais strategy and is a cornerstone to our wider European Energy Storage platform. We look forward to working with Battman in Denmark and beyond.”
Daniel Kappelgaard CEO of BattMan Energy:
“Teaming up with Dais Energy Ventures allows us to scale our ambitions for a sustainable future by combining our expertise in battery energy storage, by not just talking, but also constructing one of the largest Nordic BESS portfolios. Together, we are poised to make a real impact on Denmark’s energy landscape, supporting the country’s transition to a fully renewable energy grid by 2030.”
Looking Forward
This strategic partnership marks a significant milestone in the journey towards a sustainable and resilient energy future. By deploying advanced battery storage systems, Dais Energy Ventures and BattMan Energy are set to play a pivotal role in balancing Denmark’s renewable energy supply and ensuring a stable, reliable grid for years to come.
For more information, please visit Dais Energy Ventures and BattMan Energy.