In-Depth Seminar: Grid Batteries: Valuation, Design, Procurement, and Operations -- On-demand August 2024

This short introduction will outline the topics that will be covered during this seminar.

1. Overview of battery technologies
2. Current battery trends
3. Mapping of storage technologies with identified services – scorecard
   • Storage technology mapping
   • Methodology
   • Application ranking
   • Competition for Battery Energy Storage? (e.g Hydrogen, LAES, etc.
4. Energy Storage Value Proposition
   • Battery energy storage use cases--Energy Arbitrage, Spinning Reserve, Non-Sync Spinning Reserve, Regulation, Operating Reserve, Renewables Integration, EV Charging, Frequency Response, Black Start, and Others
   • 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
5. Orienting to Value stacking - Financial benefits of Energy Systems Storage Optimizing and Stacking system values:
   • Grid/ Utility values include transmission system, peaking replacement, frequency regulation, distribution, etc.
   • Commercial values include microgrid, demand Charge Reduction - Peak demand shaving, optimizing RE use on site, resiliency - backup power for Utility outages, etc.
   • Limitation of BESS and ways to create value stream.
6. Energy Storage Policy & Planning
   • Policy case studies with Energy Storage CA, MA, NY and others
   • 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) option

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, configurations,augmentation, etc.
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.
9. Alternative Analysis Capacity Investment Analysis with BESS
10. Production cost hourly and sub-hourly for BESS dispatch
11. Stacked Services Emulator for temporal and simultaneous use cases.
12. Evaluation and dispatch strategies for Stacked BESS applications with examples
13. Power System Studies – BESS Modeling, Interconnection, and Impact Analysis
14. Dispatch strategies in competitive markets for co-optimization of energy and ancillary services

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, configurations,augmentation, etc.
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.
9. Alternative Analysis Capacity Investment Analysis with BESS
10. Production cost hourly and sub-hourly for BESS dispatch
11. Stacked Services Emulator for temporal and simultaneous use cases.
12. Evaluation and dispatch strategies for Stacked BESS applications with examples
13. Power System Studies – BESS Modeling, Interconnection, and Impact Analysis
14. Dispatch strategies in competitive markets for co-optimization of energy and ancillary services

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
   • Project feasibility model
   • Financial modeling
   • Monetizable benefits and costs
   • Assigning system value to individual storage projects
   • Economic viability gap and missing money issue
8. Understanding Financial Benefits of Energy Storage system with case studies
   • Grid / Utility values (Transmission, peaking, frequency, voltage regulation, etc)
   • 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.
11. Grid Battery Market Revenue Calculations: ERCOT, PJM, ISO-NE, NYISO, CAISO, IESO, AESO, SPP, MISO
12. Calculating frequency response and ancillary services revenues
13. Valuation of Capacity Value
14. Cost and benefit analysis for storage
15. Detailed financial models for batteries including NPV, IRR, payback, gearing, and others.
16. Discussion and comparisons on relevant incentive mechanism to support the BESS project, citing examples from international projects implementation.
17. 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

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:
    • Grid intertied (Parallel generation and operation)
    • 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
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
    • EPC/ Consultants
    • Commissioning Agent
    • O&M Team
27. Site Prep process
    • Land Acquisition / Permits
    • Foundation / Pad
    • Equipment delivery / installation

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. Commissioning process and important testing
12. Operation and O&M includes important inspections such as safety, mechanical, etc.

1. Artificial Intelligence applications for battery dispatch
2. Nodal long-term forecasting for battery valuation
3. AI predictions for solar, wind, demand and electricity prices
4. Block Chain Performance Management for Batteries
5. Big Data Analytics approaches to scanning for battery value across 1000’s of nodes.
6. Data mining algorithms
7. Parallelization of battery analytics algorithms
8. Cloud Computing
9. ESS applications with EVs