New life to old batteries: Alongside monetization solutions for storage assets, TMH partners with vehicle manufacturers to recover and repurpose used EV batteries as stationary energy storage systems. (Source: The Mobility House) 
Technology

AI-Driven Solutions From TMH For Monetizing Battery Storage Systems

Trading-as-a-Service and Route-to-Market optimize battery storage revenue through efficient market integration and balancing group management

Shravan Chunduri

  • The Mobility House’s Battery Commercialization application was recognized for its advanced monetization solutions in the Smart Integrated Energy category

  • TMH’s platform uses AI algorithms to boost trading profitability while minimizing battery degradation, ensuring extended operational life

  • Collaboration with EV manufacturers enables repurposing of used batteries for stationary storage, supporting grid stability and sustainability

The Mobility House (TMH), a key player in the battery storage industry, was named the winner of The smarter E AWARD 2024 in the Smart Integrated Energy category for its Battery Commercialization application. TMH provides advanced solutions to monetize large-scale battery systems through 2 core services: Trading-as-a-Service and Route-to-Market.

The Trading-as-a-Service model allows operators to manage battery systems on spot markets while retaining control over parallel commercialization in the balancing power market. Meanwhile, the Route-to-Market service handles full operation and commercialization of storage on ancillary and energy markets, including balancing group management, and optimizing efficiency and profitability for industrial operators. These services allow storage systems to seamlessly access secondary and energy marketplaces, making it easier for operators to maximize their returns. TMH’s platform leverages AI-based algorithms, combined with status and temperature monitoring, to optimize trading revenue while minimizing battery degradation. By continuously monitoring conditions, the system ensures extended battery life, improving both operational performance and profitability. This solution is vital for industrial battery operators seeking to maximize returns without compromising battery longevity.

In addition to monetization, TMH collaborates with vehicle manufacturers to recover and repurpose used EV batteries as stationary energy storage. This circular approach gives old batteries a new lease on life and increases the availability of replacement components. Repurposing used batteries not only extends their lifespan but also supports grid stability, helping mitigate battery wear and preventing premature aging. TMH focuses on stabilizing power grids through its advanced software tools, which take into account the degradation effects of operating conditions and adjust battery usage to extend its life.

The AI-supported algorithms play a crucial role in mitigating over-intensive battery use. The company also offers a one-stop-shop solution for energy storage monetization, covering prequalification of storage systems, billing, and taxation. These services simplify battery storage integration into energy markets, easing complex processes and boosting operational efficiency and revenue.