IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Educating Entrepreneurs in Battery Storage Systems and Energy Markets

Educating Entrepreneurs in Battery Storage Systems and Energy Markets
View Sample PDF
Author(s): Cornelius M. N. Kakonda (Namibia University of Science and Technology, Namibia)and K. S. Sastry Musti (Namibia University of Science and Technology, Nambia)
Copyright: 2025
Pages: 28
Source title: Strategic Insights and Case Studies on Navigating an Entrepreneurial Landscape
Source Author(s)/Editor(s): Ponmalar N. Alagappar (Universiti Malaya, Malaysia)and Ramakrishna Yanamandra (Skyline University College, UAE)
DOI: 10.4018/979-8-3693-9261-4.ch008

Purchase

View Educating Entrepreneurs in Battery Storage Systems and Energy Markets on the publisher's website for pricing and purchasing information.

Abstract

Battery Energy Storage Systems (BESS) work by storing electrical energy during times of low demand and discharging said energy during times of high demand or for a specific ancillary service. Thus, establishing a small-scale enterprise to offer such ancillary service is becoming popular. At the same time, the utility gets benefitted as this lowers overall operating costs and reduces technical complexities. This Chapter illustrates the energy-based service as a business process with technical and financial aspects. Various factors that impact the BESS performance have been considered to develop various case scenarios. As a first, this chapter proposes a training program that can be utilized to educate prospective investors in this area. By completing the training program, the participants are expected to gain hands-on-experience in technical and financial operations.

Related Content

Razia Nagina. © 2026. 36 pages.
Muhammad Usman Tariq. © 2026. 28 pages.
Kaoutar Machtoune, Nouha Belmahi, Salma El Ghouli, Maroua Barha, Redouane Kaiss, Yassine Mouniane, Luminita Diaconu, Abdellah Derkaoui, Abdeslam Farahi, Fatima Charef. © 2026. 14 pages.
Bassam Samir Al-Romeedy, Amrik Singh. © 2026. 26 pages.
Animesh Kumar Sharma, Rahul Sharma. © 2026. 30 pages.
Dijana Štrbac, Lazar Živković. © 2026. 34 pages.
Anitha Mani, Geetha Manoharan. © 2026. 22 pages.
Body Bottom