News & Updates

Latest insights from PortfolioEnergy on portfolio optimisation and industry developments

September 16, 2025

Speaking at LFEnergy Summit Europe 2025

We presented our work on battery energy storage optimisation at the LFEnergy Summit Europe 2025 in Aachen, Germany. LF Energy is an open source foundation within the Linux Foundation that supports the energy sector's transition to renewables by supporting open-source software development and adoption for DSOs (Distribution System Operators) and TSOs (Transmission System Operators). LF Energy has adopted RTC-Tools—the open-source optimisation platform created by two of our founders back in 2015—as a Technical Project. This adoption marks LF Energy's expansion beyond traditional grid operations into trading technology, reflecting the growing convergence of grid management and market optimisation.

The first talk explains how we help drive efficiencies in power trading through advanced BESS optimisation techniques, while simultaneously promoting code reuse through open-source and open-core solutions. The second is a lightning talk introducing our basic open-source release; you can explore the details in our Australian NEM case study.

August 11, 2025

Open-Source BESS Demo for Australian NEM Released

We have released an open-source BESS optimisation demonstration for the Australian National Electricity Market, built on the open-source optimisation platform RTC-Tools. This basic demo achieves ±240 kAUD/MW/year in 2024 backtesting—matching best-in-class NSW battery performance—using only publicly available AEMO predispatch forecasts. The demo is freely available on GitHub and demonstrates the power of RTC-Tools as a foundation for BESS optimisation.

Our commercial open-core platform builds on RTC-Tools with advanced features including probabilistic optimisation, bid/offer volume & price co-optimisation, market impact modeling, FCAS co-optimisation, and comprehensive value stacking—delivering performance well beyond best-in-class with potential uplift of more than 40%.

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