Classroom Seminars

In-Depth Seminar: Grid Batteries: Valuation, Design, Procurement, and Operations
Presented by Dr. Randell Johnson, CEO Acelerex. 
A Two-Day Classroom Seminar (CPE Approved)
Register soon to get Early Bird pricing!
Houston, TX - April 26 & 27, Hotel Indigo Houston at the Galleria

All things batteries will be taught in context of valuation, design, procurement, and operations with an instructor who is recognized as a leading world expert and practitioner with many years of experience with batteries. The advantage of this seminar is that you receive through multi-module seminar a comprehensive and detailed set of insights of the latest on Grid Batteries with perspectives on markets, regulatory, policy, suppliers, use cases, valuation, design, procurement, commissioning, operations, and advances in software. Instructor runs a consulting practice and has many examples of the items in the training to show. Where applicable the Acelerex Grid Analytics planning tools will be used for examples for BESS modeling and simulations. Click here to register.

What You Will Learn
  1. Session 1: Energy Storage Roadmap Planning and Policy Approaches
  2. Session 2: Sizing and Designing Battery Energy Storage
  3. Session 3: Battery Energy Storage Valuation Techniques
  4. Session 4: Bess Procurement and Bidding Strategies
  5. Session 5: BESS Commissioning and Performance Testing
  6. Session 6: Forecasting, AI, and Blockchain Applications for Bess
Seminar Agenda

Module-1: Energy Storage Roadmap Planning and Policy Approaches

What Will You Learn

  1. Overview of battery technologies
  2. Current battery trends
  3. Mapping of storage technologies with identified services – scorecard
    • Storage technology mapping
    • Methodology
    • Application ranking
  1. Battery Energy Storage use cases like Energy Arbitrage, Spinning Reserve, Non-Sync Spinning Reserve, Regulation, Operating Reserve, Renewables Integration, EV Charging, Frequency Response, Black Start, and Others
  2. Energy storage benefits for the power system
  3. Identification of electricity storage services to enable higher penetration of VRE – covering methods, etc.
  4. System Value Stacking for Energy Storage
  5. Orienting to Value stacking - Financial benefits of Energy Systems Storage Optimizing and Stacking system values:

o   Grid/ Utility values include transmission system, peaking replacement, frequency regulation, distribution, etc.

o   Commercial values include microgrid, demand Charge Reduction - Peak demand shaving, optimizing RE use on site, resiliency - backup power for Utility outages, etc.

  1. Policy case studies with Energy Storage CA, MA, NY and others
  2. Microgrids and Island Grids Roadmap Planning and Policies
  3. Policy Approach’s and Mechanisms
  4. Regulatory metrics
  5. Case studies on various BESS plant focus on utility scale.
  6. Analysis and methodology for the system value of electricity storage vs. other flexibility (ocgt, ccgt, engine, etc) options
  7. Competition for Battery Energy Storage? (e.g Hydrogen, LAES, etc.)
  8. Limitation of BESS and ways to create value stream.

 

Module-2: Sizing and Designing Battery Energy Storage

What Will You Learn

  1. Grid batteries why?, when?, where?, and how much?
  2. Incorporation of Batteries in Transmission Planning, Distribution Planning, and Integrated Resource Plans (IRPs)
  3. Battery Chemistries, Power-Density, Lifecycle.
  4. Comparison on other Competitive Storage Technologies of CSP and others
  5. Cooling, connection analysis, cycling, augmentation, balance of plant, standards, communication systems, software, testing
  6. Design considerations for battery projects such as augmentation
  7. BESS use cases: voltage support, congestion management, frequency management (spinning reserve and frequency regulation), energy arbitrage etc.

8.     Methodology to identify and determine energy storage services and sizing for various applications for the benefits of system – with exercise.

  1. Alternative Analysis Capacity Investment Analysis with BESS
  2. Production cost hourly and sub-hourly for BESS dispatch
  3. Stacked Services Emulator for temporal and simultaneous use cases.
  4. Evaluation and dispatch strategies for Stacked BESS applications with examples
  5. Power System Studies – BESS Modeling, Interconnection, and Impact Analysis
  6. Dispatch strategies in competitive markets for co-optimization of energy and ancillary services

 

Module-3: Battery Energy Storage Valuation Techniques

What Will You Learn

  1. Alternative Analysis of answering the Why, Where, When and How Much questions
  2. Production Cost for dispatch and analysis of batteries
  3. Stacked Services Emulator for co-optimization valuation of batteries in competitive markets.
  4. 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
  5. 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

6.     Assessing the viability of storage projects: System value vs. monetizable revenues – possible with case studies, example etc.

7.     Storage project viability analysis

o   Project feasibility model

o   Financial modeling

o   Monetizable benefits and costs

o   Assigning system value to individual storage projects

o   Economic viability gap and missing money issue

8.     Understanding Financial Benefits of Energy Storage system with case studies

o   Grid / Utility values (Transmission, peaking, frequency, voltage regulation, etc)

o   Commercial Values (peak demand shaving, optimize RE, spinning reserve, backup power, demand charge reduction, etc.)

9.     How current or potential energy storage projects (BESS, etc) and value streams that they used to create positive ROI.

10. How existing market monetized value streams refers to the non-monetized value streams available to Utilities.

  1. Grid Battery Market Revenue Calculations: ERCOT, PJM, ISO-NE, NYISO, CAISO, IESO, AESO, SPP, MISO
  2. Calculating frequency response and ancillary services revenues
  3. Valuation of Capacity Value
  4. Cost and benefit analysis for storage
  5. Detailed financial models for batteries including NPV, IRR, payback, gearing, and others.
  6. Discussion and comparisons on relevant incentive mechanism to support the BESS project, citing examples from international projects implementation.
  7. Assessment Techniques for Hybrid Battery Systems paired with Flow Batteries, Thermal Plant and Renewables

18. Energy Storage Project Cost (for various application) and LCOE derivation for Worldwide and Asia – with exercise

19. Energy Storage Life Cycle calculation / analysis / projection – with exercise

20. Calculating PPA pricing for renewables plus batteries

 

Module-4: Procurement and Bidding Strategies

What Will You Learn

  1. The good, the bad, and the ugly of battery vendors
  2. Insights into the good, the bad, and the ugly for inverters
  3. Power batteries and Energy Batteries, LFP, Conventional Lithium Ion, Flow Batteries, others
  4. Battery characteristics and costs
  5. 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.
  6. PCS, BMS and EMS Technical Specifications: Operation mode, Charging and discharging strategies, monitoring and control of BESS requirements, SCADA requirement and other relevant components.
  7. Bid Strategy working with battery vendors.

8.     Evaluation of potential project bidders, partners, developer – methodology, key items, etc.

9.     Procurement Strategies

10. Warrantees

11. EPC, IPP, Storage-as-a-service,

12. Project Development covering system design, specification, manufacturers, etc:

o   Grid intertied (Parallel generation and operation)

o   Stand Alone such as Off grid, Micro grids (islands,etc) , Load dedicated (Mines, etc), hybrid

o   Battery chemistries

o   AC vs DC Coupling

o   Layouts and three lines

o   Space planning (kWh/kW per sq ft)

o   Initial cost considerations / differences

13. Safety Requirements: Fire/safety design aspects and concern of BESS, disposal strategies (end of its useful life), popular standards.

14. Waste Management for BESS – cost impact to LCOE etc.

15. Functional specification – sample and review

16. Origination documents, connection agreements

17. Sample RFP / Tender documents / Template / Review

18. Procurement auctions, bid strategy, auctions results, supply and demand, competitive differences

19. Review of innovative ownership models and how to price them

20. Stylized facts of auctions for procurement of batteries

21. Project Implementation – process flow to deploy ESS plant

22. Analysis and recommendation on energy storage operation

23. 3rd party aggregators for ESS plant

24. Available financing options for ESS plants with application mapping – added with case studies – for utilities, commercial industrial, and residential.

25. Ways to attracts 3rd party financing options (any program or key enabler to boost the development of ESS plants)

26. Example available experts

o   EPC/ Consultants

o   Commissioning Agent

o   O&M Team

27. Site Prep process

o   Land Acquisition / Permits

o   Foundation / Pad

o   Equipment delivery / installation

 

Module-5: BESS Commissioning and Performance Testing

What Will You Learn

  1. Use-cases and Performance Compliance Testing
  2. Battery testing standards as part of the commissioning of battery projects
  3. Grid BESS Performance measures – types of compliance and typical tests to demonstrate use cases.
  4. Commissioning Procedures
  5. Advance battery controls and automation
  6. Testing Protocols
  7. Testing Signals
  8. Battery Communication Systems
  9. IoT Testing Analyzer and Data Collection
  10. Examples of Live Battery Projects and Operational Data
  11. Your Instructor - Houston

Dr. Randell Johnson - Acelerex
Dr. Johnson has expertise and experience in the Valuation, Design, Procurement, and Operations of Grid Batteries

Dr. Johnson has been involved in the Energy Storage Road Map for the Maldives, Bermuda Energy Storage Sizing Study, New York Energy Storage Road Map, Massachusetts State of Charge Study, MISO Energy Storage Study, Ontario Energy Storage Study, and numerous other energy storage studies. He was selected by the World Bank to study 100% carbon-free grids with energy storage and Acelerex software and methods were selected by the International Renewable Energy Agency for increasing penetration of renewables with energy storage. Dr. Johnson has invented and developed software for battery analytics and battery real time control. He is expert at power markets and valuation of energy storage to maximize utilization of existing transmission systems and co-optimization of transmission and other resources in addition of co-optimization of energy and ancillary services. A Harvard Business Case has been written for energy storage that includes methods pioneered by Dr. Johnson.

Dr. Johnson holds a Ph.D. in Power Engineering from Rensselaer Polytechnic Institute and an MS in Economics from Cass Business School, UK, and a Utility Corporate Finance Certificate for Gas and Electric Utilities from UConn Business School. Dr. Johnson has background in strategy, regulatory finance, economic optimizations, quantitative finance, electricity and energy markets, public policy, technical grid design, real-time optimizations, and high-performance computing.

Who Should Attend this Seminar

Among those who will benefit from this training program include energy and electric power executives; attorneys; government regulators; traders & trading support staff; marketing, sales, purchasing & risk management personnel; accountants & auditors; plant operators; engineers; and corporate planners. Types of companies that typically attend this program include energy producers and marketers; utilities; banks & financial houses; industrial companies; accounting, law firms; municipal utilities; government regulators and electric generators.

Prerequisites and Advance Preparation

This fundamental online training program has no prerequisites. No advance preparation is required.

Program Level

Basic level. This fundamental course begins with basic material and then proceeds to the intermediate level.

Delivery Method

Group-live.

Why choose PGS?

PGS training programs are known for their clear explanations and in-depth content. Register today, and join the over 10,000 industry professionals who trust PGS with their energy training needs. View Past Seminar Attendees

Hotel and Seminar Information
This two-day seminar will be held at the hotels listed below or can be conducted on-site at your facilities. The seminar will start promptly at 8:00 AM and will finish at 4:00 PM on the first day. On Day 2 the seminar will begin at 8:00 AM and end at 12:00 PM. The program includes continental breakfast, lunch on the first day and coffee breaks. On the second day it includes a continental breakfast and coffee breaks. Attendees also receive a professionally produced seminar manual that can serve as a valuable office reference. Dress is casual for all seminars.
April 26 & 27
Hotel Indigo Houston at the Galleria
5160 Hidalgo Street
Houston, TX 77056
Telephone: (713) 621-8988
Because of the diversity of hotels found in the area, PGS Energy Training will not be holding a block of sleeping rooms with one particular hotel. Should you need a list of local hotels in the area, please contact us at (440) 853-1038 and we can help you with your accommodations.
Registration Fee and Discounts

Register Today!. The price for this comprehensive two-day seminar is $1,895 (USD).

Early Bird Special: Register on or before Apr 6, 2022 and save an additional $100 per order!
Register soon to get Early Bird pricing. A limited number of Early Bird seats are available.
  • Additional attendees and government employees receive a 10% discount.
  • Members of TOGA, AIPRO, INGAA or IOGA-NY receive a 15% discount. Please call (440) 853-1038.
  • Sign up for 4 or more classroom seats during the same month and all attendees will receive a 20% total discount.
    (If you plan to register 4 or more classroom seats for the same seminar, but want attendees to pay by separate credit cards, register one party now and mention this fact in the "Comments" section of the registration form. We will manually subtract the 20% discount from the first registrant's seminar fee and will call you to obtain the credit cards and registration information for your other attendees in order to give them their 20% discount. If applicable the Early Bird discount of either $200 or $100 will be divided evenly between all participants.) Please call (440) 853-1038 for more information.
    Special pricing is available for groups of 5 or more. Please call Janice Ohmura at (440) 853-1038.
Payment and Cancellations

Payment is due prior to the start of the seminar by Visa, Master Card, American Express, or corporate check. Seminar fees will be charged to your credit card at the time of registration unless other arrangements have been made. Please make checks payable to "PGS Energy Training" 26 Teal Lane · Hilton Head Island, SC 29926.  Cancellations will result in a credit that is good for 2 years which can be transferred to a colleague.  Substitutions may be made at any time.  For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (440) 853-1038.

CPE Credits in Specialized Knowledge

This live group seminar is eligible for 11.0 CPE credits. Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.

PGS Energy Training is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. CPAs interested in attending any seminars should contact our offices for details on CPE credits granted and any prerequisite requirements.

PGS Energy Training is registered with GARP as an Approved Provider of Continuing Professional Development (CPD) credits. PGS Energy Training has determined that attending In-Depth Seminar: Grid Batteries: Valuation, Design, Procurement, and Operations qualifies for 11.0 GARP CPD credit hours. If you are a Certified FRM or ERP, please record this activity in your Credit Tracker at http://www.garp.org/cpd.

The Global Association of Risk Professionals (GARP) is a not-for-profit membership association dedicated to preparing professionals and organizations for making better-informed risk decisions. GARP’s membership represents more than 150,000 risk management practitioners and researchers at academic institutions, banks, corporations, government agencies, and investment management firms in 195 countries and territories. GARP administers the Financial Risk Manager (FRM) and Energy Risk Professional (ERP) Exams – certifications recognized by risk professionals worldwide. Visit www.garp.org/cpe.

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