Dublin, Oct. 27, 2023 (GLOBE NEWSWIRE) — The “In-Depth Seminar: Grid Batteries: Valuation, Design, Procurement, and Operations” training has been added to ResearchAndMarkets.com’s- Current battery trends
– Mapping of storage technologies with identified services – scorecard- Methodology
– Application ranking- Energy storage benefits for the power system
– Identification of electricity storage services to enable higher penetration of VRE – covering methods, etc.
– System Value Stacking for Energy Storage
– Orienting to Value stacking – Financial benefits of Energy Systems Storage Optimizing and Stacking system values:- Commercial values include microgrid, demand Charge Reduction – Peak demand shaving, optimizing RE use on site, resiliency – backup power for Utility outages, etc.- Microgrids and Island Grids Roadmap Planning and Policies
– Policy Approach’s and Mechanisms
– Regulatory metrics
– Case studies on various BESS plant focus on utility scale.
– Analysis and methodology for the system value of electricity storage vs. other flexibility (ocgt, ccgt, engine, etc) options
– Competition for Battery Energy Storage? (e.g Hydrogen, LAES, etc.)
– Limitation of BESS and ways to create value stream.- Incorporation of Batteries in Transmission Planning, Distribution Planning, and Integrated Resource Plans (IRPs)
– Battery Chemistries, Power-Density, Lifecycle.
– Comparison on other Competitive Storage Technologies of CSP and others
– Cooling, connection analysis, cycling, augmentation, balance of plant, standards, communication systems, software, testing
– Design considerations for battery projects such as augmentation
– BESS use cases: voltage support, congestion management, frequency management (spinning reserve and frequency regulation), energy arbitrage etc.
– Methodology to identify and determine energy storage services and sizing for various applications for the benefits of system – with exercise.
– Alternative Analysis Capacity Investment Analysis with BESS
– Production cost hourly and sub-hourly for BESS dispatch
– Stacked Services Emulator for temporal and simultaneous use cases.
– Evaluation and dispatch strategies for Stacked BESS applications with examples
– Power System Studies – BESS Modeling, Interconnection, and Impact Analysis
– Dispatch strategies in competitive markets for co-optimization of energy and ancillary services- Production Cost for dispatch and analysis of batteries
– Stacked Services Emulator for co-optimization valuation of batteries in competitive markets.
– Battery Energy Storage valuation streams like Capacity deferral, fuel savings, VO&M savings, FO&M Savings, Primary, Secondary, and Tertiary Reserve Savings, Frequency Response, Black Start, T&D deferral, Cost to Load savings
– Cost Analysis with efficiency, cycles per day and cycles per year, losses, fade, augmentation, energy costs, capital costs, EPC costs, FOM, VOM, Battery End of Life Costs, others
– Assessing the viability of storage projects: System value vs. monetizable revenues – possible with case studies, example etc.
– Storage project viability analysis- Financial modeling
– Monetizable benefits and costs
– Assigning system value to individual storage projects
– Economic viability gap and missing money issue- Commercial Values (peak demand shaving, optimize RE, spinning reserve, backup power, demand charge reduction, etc.)- How existing market monetized value streams refers to the non-monetized value streams available to Utilities.
– Grid Battery Market Revenue Calculations: ERCOT, PJM, ISO-NE, NYISO, CAISO, IESO, AESO, SPP, MISO
– Calculating frequency response and ancillary services revenues
– Valuation of Capacity Value
– Cost and benefit analysis for storage
– Detailed financial models for batteries including NPV, IRR, payback, gearing, and others.
– Discussion and comparisons on relevant incentive mechanism to support the BESS project, citing examples from international projects implementation.
– Assessment Techniques for Hybrid Battery Systems paired with Flow Batteries, Thermal Plant and Renewables
– Energy Storage Project Cost (for various application) and LCOE derivation for Worldwide and Asia – with exercise
– Energy Storage Life Cycle calculation / analysis / projection – with exercise
– Calculating PPA pricing for renewables plus batteries- Insights into the good, the bad, and the ugly for inverters
– Power batteries and Energy Batteries, LFP, Conventional Lithium Ion, Flow Batteries, others
– Battery characteristics and costs
– Battery Pack Technical Specifications: Storage size, optimum SOC windows, C-rate, battery configuration (series/parallel redundancy; AC or DC couple for hybrid configuration), cell temperature, battery types, relevant degradation issues, location, etc.
– PCS, BMS and EMS Technical Specifications: Operation mode, Charging and discharging strategies, monitoring and control of BESS requirements, SCADA requirement and other relevant components.
– Bid Strategy working with battery vendors.
– Evaluation of potential project bidders, partners, developer – methodology, key items, etc.
– Procurement Strategies
– Warrantees
– EPC, IPP, Storage-as-a-service,
– Project Development covering system design, specification, manufacturers, etc:- Stand Alone such as Off grid, Micro grids (islands,etc) , Load dedicated (Mines, etc), hybrid
– Battery chemistries
– AC vs DC Coupling
– Layouts and three lines
– Space planning (kWh/kW per sq ft)
– Initial cost considerations/differences- Waste Management for BESS – cost impact to LCOE etc.
– Functional specification – sample and review
– Origination documents, connection agreements
– Sample RFP/Tender documents/Template/Review
– Procurement auctions, bid strategy, auctions results, supply and demand, competitive differences
– Review of innovative ownership models and how to price them
– Stylized facts of auctions for procurement of batteries
– Project Implementation – process flow to deploy ESS plant
– Analysis and recommendation on energy storage operation
– 3rd party aggregators for ESS plant
– Available financing options for ESS plants with application mapping – added with case studies – for utilities, commercial industrial, and residential.
– Ways to attracts 3rd party financing options (any program or key enabler to boost the development of ESS plants)
– Example available experts- Commissioning Agent
– O&M Team- Foundation/Pad
– Equipment delivery/installation- Battery testing standards as part of the commissioning of battery projects
– Grid BESS Performance measures – types of compliance and typical tests to demonstrate use cases.
– Commissioning Procedures
– Advance battery controls and automation
– Testing Protocols
– Testing Signals
– Battery Communication Systems
– IoT Testing Analyzer and Data Collection
– Examples of LiveCEO
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(GlobeNewsWire)